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710 North 1st Avenue

710 North 1st Avenue, Addison, IL 60101
Property in Addison
710 North 1st Avenue has been categorized by the local assessors in Addison, IL as a commercial type of property. The building on the property was first built in 1964 and is 60 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 710 North 1st Avenue has 1,125 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 176 ft and across the front of the lot is 50 ft. The area measurement of the land has been determined as 8,712 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 528 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with brick control joints. The exterior walls of the building are made of brick. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 710 North 1st Avenue sold most recently in Mar 1, 2017 for a total of $190,000. If you work out the math, that's approximately a cost of $84.44 per sqft. Before that, the property was also sold for $86,500 in Nov 20, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,118 in taxes each year. 710 North 1st Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $69,490. If we break it down further, the land itself was valued at $24,850. Improvements to the property, however, were assessed at a total of $44,640. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,125
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 176
  • Lot Size Frontage Feet: 50
  • Total Building Area: 2,250
  • Gross Building Area: 2,250
  • Building Area: 2,250
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,125
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Commercial
  • Subdivision: MANGANS ADDISON ADD
  • Land Acres: 0.2
  • Standard Land Use Code: Structures on leased land
  • Legal Description 1: MANGANS ADDISON ADD

Ownership

  • Current Owner : IBARRA REYNALDO A
  • Current Owner 2: IBARRA DAYSI F
  • Previous Owner : RAANAN URI
  • Owner Before Previous Owner: WAGNER CARL L

Neighborhood

  • School District Name: Addison School District 4
  • School Tax School District: ADDISON
  • Census Tract: 840202

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2970-D3
  • Parcel: 03-20-405-013
  • Block: 4
  • Lot: 8
  • Municipality: ADDISON
  • Latitude: 41.94
  • Longitude: -88.0052

    Address

  • Full Address: 710 N 1st Ave
  • Address - House Number: 710
  • Street Direction: N
  • Address - Street Name: 1st
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Addison
  • Carrier Code: C004
  • 4-Digit Zip Code: 1344
  • Zip Code: 60101

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,118
  • Tax Rate Code Area: 3033

    Appraisal Valuation

  • Standard Deviation: 0.1785
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 76
  • Final Value: 283,818
  • High Value: 334,480
  • Low Value: 233,157

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $197,212
  • First Open Lien Mortgage Recording Date: Apr 21, 2017
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $186,558
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2047
  • Second Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • Second Open Lien Mortgage Recording Date: Dec 02, 2020
  • Second Open Lien Mortgage Loan Amount: $10,654
  • Second Open Lien Mortgage Term: 315
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Apr 01, 2047

    Market Valuation

  • Market Total Value: $208,470
  • Market Land Value: $74,550
  • Market Improvement Value: $133,920

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,490
  • Assessed Land Value: $24,850
  • Assessed Improvements Value: $44,640

    Sales

  • Current Sale Contract Date: Mar 01, 2017
  • Current Sale Recording Date: Apr 21, 2017
  • Current Sale Transaction ID: 1811383621
  • Current Sale Price: $190,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2017-038440
  • Previous Sale Recording Date: Dec 08, 2014
  • Previous Sale Contract Date: Nov 20, 2014
  • Previous Sale Amount: $86,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Apr 21, 2017
  • First Mortgage Loan Amount: $186,558
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2047

    Financing

  • First Mortgage Financing Type: Unknown

About Addison



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Frequently Asked Questions

What neighborhood is 710 North 1st Avenue located in?
The 710 North 1st Avenue is a located in the neighborhood of Addison in Addison, Addison.
What is the average sales price for listings in 710 North 1st Avenue?
The average sales price for units in 710 North 1st Avenue is $0 currently.

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