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724 Allen Street

724 Allen Street, Belvidere, IL 61008
House in Belvidere
Sold Mar 05, 2021
$97,000
$79,540 by Envoy Mtg Ltd
Mortgage Due Apr 01, 2051
Sold Dec 23, 2002
$86,000
Buyer
724 Allen Street has been categorized by the local assessors in Belvidere, IL as a residential type of property. The building on the property was first built in 1945 and is 79 years old. However, we must point out that the home was most recently renovated and altered in 1968. 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 is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 724 Allen Street has 676 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 1,120 ft and across the front of the lot is 640 ft. The area measurement of the land has been determined as 7,168 square feet.

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 garage for those who require parking. The garage measured 260 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a open porch. Moving on to the building itself. The condition of the building has been evaluated as average. 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 frame control joints. 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 building has a gable style roof made of composition shingle. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating 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, 724 Allen Street sold most recently in Mar 4, 2021 for a total of $97,000. If you work out the math, that's approximately a cost of $143.49 per sqft. Before that, the property was also sold for $86,000 in Dec 23, 2002. 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 $2,521 in taxes each year. 724 Allen Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $32,032. If we break it down further, the land itself was valued at $5,372. Improvements to the property, however, were assessed at a total of $26,660. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Brick Exterior
Stone Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1945
  • Effective Year Built: 1968
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 676
  • Garage Type: Garage
  • Garage Square Area: 260
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 7,168
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 640
  • Total Building Area: 676
  • Building Area: 676
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 676
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: None
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST PARK ADD
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 35-44-3 W1/2 OF LTS 1 & 2 BLK 1 WEST PARK ADD 724 ALLEN ST 112 X 63.5

Ownership

  • Current Owner : ROSAS JULIAN
  • Previous Owner : LOPEZ JOSE G
  • Previous Owner 2: LOPEZ JENNIFER G
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010300

Geography

  • Account Number: 05-05-35-252-001
  • District: 050
  • Parcel: 05-35-252-001
  • Block: 1
  • Lot: 1-2
  • Municipality: BELVIDERE
  • Latitude: 42.2509
  • Longitude: -88.85

    Address

  • Full Address: 724 Allen St
  • Address - House Number: 724
  • Address - Street Name: Allen
  • Address - Suffix Type: St
  • State: IL
  • City Name: Belvidere
  • Carrier Code: C005
  • 4-Digit Zip Code: 5121
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,521

    Appraisal Valuation

  • Standard Deviation: 0.134
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 84
  • Final Value: 97,997
  • High Value: 111,134
  • Low Value: 84,859

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $79,540
  • First Open Lien Mortgage Lender: ENVOY MTG LTD
  • First Open Lien Mortgage Recording Date: Mar 05, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $79,540
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $96,096
  • Market Land Value: $16,116
  • Market Improvement Value: $79,980

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,032
  • Assessed Land Value: $5,372
  • Assessed Improvements Value: $26,660

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 04, 2021
  • Current Sale Recording Date: Mar 05, 2021
  • Current Sale Transaction ID: 11859683091
  • Current Sale Price: $97,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Dec 23, 2002
  • Previous Sale Contract Date: Dec 23, 2002
  • Previous Sale Amount: $86,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: ENVOY MTG LTD
  • First Mortgage Transaction Date: Mar 05, 2021
  • First Mortgage Loan Amount: $79,540
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Belvidere



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Frequently Asked Questions

What neighborhood is 724 Allen Street located in?
The 724 Allen Street is a house located in the neighborhood of Belvidere in Belvidere, Belvidere.
What is the average sales price for listings in 724 Allen Street?
The average sales price for units in 724 Allen Street is $0 currently.

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