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7231 Mabels Way

7231 Mabels Way, Loves Park, IL 61111
Property in Rockford
Sold Jul 02, 2021
$130,000
Buyer
Seller
$126,100 by Blackhawk Bank
Mortgage Due Jul 01, 2051
Sold Apr 26, 2018
$107,500
$102,125 by Envoy Mortgage Ltd
Mortgage Due May 01, 2048
7231 Mabels Way has been categorized by the local assessors in Loves Park, IL as a residential type of property. The building on the property was first built in 2001 and is 23 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7231 Mabels Way has 1,830 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 624 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 276,170 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a townhouse 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 attached garage for those who require parking. The garage measured 280 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of alum/vinyl siding. While the interior walls have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The building on the property is connected to a sewer system. 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, 7231 Mabels Way sold most recently in Jun 29, 2021 for a total of $130,000. If you work out the math, that's approximately a cost of $59.52 per sqft. Before that, the property was also sold for $107,500 in Apr 23, 2018. 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 $2,961 in taxes each year. 7231 Mabels Way was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $39,396. If we break it down further, the land itself was valued at $3,476. Improvements to the property, however, were assessed at a total of $35,920. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Partial basement
  • Basement Area: 624
  • Parking Type: Attached
  • Garage Type: Attached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 276,170
  • Total Building Area: 2,184
  • Gross Building Area: 2,184
  • Building Area: 1,830
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,830
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: CARRIAGE HOMES OF SUNSET RIDGE II CONDO
  • Land Acres: 6.34
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: CARRIAGE HOMES OF SUNSET RIDGE II CONDO PT NW1/4 SEC 2-44-2 & PT SW1/4 SEC 35-45-2 UNIT 21

Ownership

  • Current Owner : CONARD LISA
  • Previous Owner : WENSKY
  • Previous Owner 2: JANELLY
  • Owner Before Previous Owner: STEVEN BATTAGLIA

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 003810

Zoning

  • Zoning: R3

Geography

  • Parcel: 12-02-129-021
  • Lot: 21
  • Meridian: SEC 2 TWN 44 RANGE 2
  • Municipality: ROCKFORD
  • Latitude: 42.3256
  • Longitude: -88.9753

    Address

  • Full Address: 7231 Mabels Way
  • Legal Unit: 21
  • Address - House Number: 7231
  • Address - Street Name: Mabels
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Loves Park
  • Carrier Code: R030
  • 4-Digit Zip Code: 5373
  • Zip Code: 61111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,961
  • Tax Rate Code Area: 008

    Appraisal Valuation

  • Standard Deviation: 0.2341
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 67
  • Final Value: 167,378
  • High Value: 206,577
  • Low Value: 128,179

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $132,100
  • First Open Lien Mortgage Lender: BLACKHAWK BANK
  • First Open Lien Mortgage Recording Date: Jul 02, 2021
  • First Open Lien Mortgage Loan Amount: $126,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Open Lien Mortgage Recording Date: Jul 02, 2021
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $118,188
  • Market Land Value: $10,428
  • Market Improvement Value: $107,760

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,396
  • Assessed Land Value: $3,476
  • Assessed Improvements Value: $35,920

    Sales

  • Current Sale Contract Date: Jun 29, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Transaction ID: 11844825219
  • Current Sale Price: $130,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 23237
  • Previous Sale Recording Date: Apr 26, 2018
  • Previous Sale Contract Date: Apr 23, 2018
  • Previous Sale Amount: $107,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLACKHAWK BANK
  • First Mortgage Transaction Date: Jul 02, 2021
  • First Mortgage Loan Amount: $126,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051
  • Second Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Mortgage Transaction Date: Jul 02, 2021
  • Second Mortgage Loan Amount: $6,000

    Previous Mortgages

  • Previous Mortgage Lender: ENVOY MORTGAGE LTD
  • Previous Mortgage Transaction Date: Apr 26, 2018
  • Previous Mortgage Loan Amount: $102,125
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2048

About Loves Park



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Frequently Asked Questions

What neighborhood is 7231 Mabels Way located in?
The 7231 Mabels Way is a located in the neighborhood of Rockford in Loves Park, Loves Park.
What is the average sales price for listings in 7231 Mabels Way?
The average sales price for units in 7231 Mabels Way is $0 currently.

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