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713 Lake Avenue

713 Lake Avenue, Collinsville, IL 62234
Property in Collinsville
Sold Aug 10, 2021
$105,000
$99,750 by Scott Cu
Mortgage
Sold Feb 07, 2013
$42,000
$40,000 by Robert M King Etal
Mortgage Due Mar 15, 2014
Local assessors in Collinsville, IL have categorized 713 Lake Avenue as a residential type of property. The home was built in 1932 and is 92 years old. It was most recently renovated and altered in 1960. The property's lot size has been calculated to be 12,390 square feet. The linear feet between the front and back of the lot was measured at 1,770 ft and the front of the lot was measured at 700 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 713 Lake Avenue has a total of 832 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 364 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Lots of unknown were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Jul 30, 2021 for $105,000. That's $126.20 per sqft. Prior to that sales transaction, the property was also sold in Feb 4, 2013 for $42,000. 713 Lake Avenue was last assessed in 2022. The total value of the property was assessed at $32,710. Specifically, the land the property is located on was valued at $5,960. While improvements on the property were assessed at a total of $26,750. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,715. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1960
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Construction Type: Frame
  • Building Style: Conventional
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 364
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,390
  • Lot Size Depth Feet: 1,770
  • Lot Size Frontage Feet: 700
  • Total Building Area: 832
  • Building Area: 832
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 832
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRANDVIEW FARMS SECOND ADDN
  • Land Acres: 0.284
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GRANDVIEW FARMS SECOND ADD LOT PT 4 70X177

Ownership

  • Current Owner : BERG MICHAEL
  • Previous Owner : WASHAUSEN PROPERTIES LLC
  • Owner Before Previous Owner: KING ROBERT M
  • Owner Before Previous Owner 2: KING MARY E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Collinsville Community Unit School District 10
  • School Tax School District: C01
  • Census Tract: 403502

Geography

  • District: 13
  • Parcel: 13-2-21-23-06-102-003
  • Lot: 4
  • Municipality: COLLINSVILLE
  • Latitude: 38.7005
  • Longitude: -89.9593

    Address

  • Full Address: 713 Lake Ave
  • Address - House Number: 713
  • Address - Street Name: Lake
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Collinsville
  • Carrier Code: C013
  • 4-Digit Zip Code: 5207
  • Zip Code: 62234

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,715
  • Tax Rate Code Area: 824

    Appraisal Valuation

  • Standard Deviation: 0.1375
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 107,894
  • High Value: 122,735
  • Low Value: 93,052

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $99,750
  • First Open Lien Mortgage Lender: SCOTT CU
  • First Open Lien Mortgage Recording Date: Aug 10, 2021
  • First Open Lien Mortgage Loan Amount: $99,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $98,130
  • Market Land Value: $17,880
  • Market Improvement Value: $80,250

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,710
  • Assessed Land Value: $5,960
  • Assessed Improvements Value: $26,750

    Sales

  • Current Sale Contract Date: Jul 30, 2021
  • Current Sale Recording Date: Aug 10, 2021
  • Current Sale Transaction ID: 11853678738
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R33641
  • Previous Sale Recording Date: Feb 07, 2013
  • Previous Sale Contract Date: Feb 04, 2013
  • Previous Sale Amount: $42,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: SCOTT CU
  • First Mortgage Transaction Date: Aug 10, 2021
  • First Mortgage Loan Amount: $99,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: ROBERT M KING ETAL
  • Previous Mortgage Transaction Date: Feb 07, 2013
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 15, 2014

About Collinsville



Similar Buildings

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Nearby Rentals

Unit for rent at 31 Pat Drive, Collinsville, IL, 62234

$1,500 /mo

  • 3 Beds
  • 1 Bath
  • 1,120 ft²
31 Pat Drive, Collinsville, IL, 62234 Listing by Christopher Mendola

Frequently Asked Questions

What neighborhood is 713 Lake Avenue located in?
The 713 Lake Avenue is a located in the neighborhood of Collinsville in Collinsville, Collinsville.
What is the average sales price for listings in 713 Lake Avenue?
The average sales price for units in 713 Lake Avenue is $0 currently.

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