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731 South Villa Avenue

731 South Villa Avenue, Villa Park, IL 60181
Property in York
Sold Nov 25, 2020
$420,000
$315,000 by Guaranteed Rate Affinity Llc
Mortgage Due Dec 01, 2050
Sold Jun 27, 1996
$182,000
$145,250 by Legacy Financial Inc
Mortgage Due Jul 01, 2026
731 South Villa Avenue in Villa Park, IL was first built in 1971 and is 53 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a split level style. 731 South Villa Avenue has 1,898 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 50 ft and the linear feet between the front and back of the lot is 250. In total, the area measurement of the land is 12,632 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with brick control joints. The exterior walls of the home 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, 731 South Villa Avenue sold most recently in Nov 16, 2020 for a total of $420,000. If you work out the math, that's approximately a cost of $163.17 per sqft. Before that, the property was also sold for $182,000 in Jun 17, 1996. 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 $8,430 in taxes each year. 731 South Villa Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $108,420. If we break it down further, the land itself was valued at $38,220. Improvements to the property, however, were assessed at a total of $70,200. 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: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Construction Type: Brick
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 676
  • Garage Type: Attached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,632
  • Lot Size Depth Feet: 250
  • Lot Size Frontage Feet: 50
  • Total Building Area: 2,574
  • Gross Building Area: 2,574
  • Building Area: 1,898
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,898
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 2ND ADD TO SCHARLAU ACS
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 2ND ADD TO SCHARLAU ACS S 1/2

Ownership

  • Current Owner : SULLIVAN DAVID J
  • Current Owner 2: SULLIVAN ANNA
  • Previous Owner : KOSECTU CHRISTOPHER H
  • Previous Owner 2: KOSECKI TERESA A
  • Owner Before Previous Owner: JOYNER MICHAEL A
  • Owner Before Previous Owner 2: JOYNER CARMEN
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Villa Park School District 45
  • School Tax School District: VILLA PARK
  • Census Tract: 843800

Zoning

  • Zoning: R

Geography

  • Parcel: 06-10-407-023
  • Lot: 11
  • Municipality: YORK
  • Latitude: 41.876
  • Longitude: -87.9686

    Address

  • Full Address: 731 S Villa Ave
  • Address - House Number: 731
  • Street Direction: S
  • Address - Street Name: Villa
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Villa Park
  • Carrier Code: C040
  • 4-Digit Zip Code: 3012
  • Zip Code: 60181

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,430
  • Tax Rate Code Area: 6026

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 448,657
  • High Value: 524,955
  • Low Value: 372,359

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Open Lien Mortgage Recording Date: Nov 25, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $315,000
  • 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: Dec 01, 2050

    Market Valuation

  • Market Total Value: $325,260
  • Market Land Value: $114,660
  • Market Improvement Value: $210,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,420
  • Assessed Land Value: $38,220
  • Assessed Improvements Value: $70,200

    Sales

  • Current Sale Contract Date: Nov 16, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Transaction ID: 11805279783
  • Current Sale Price: $420,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2020-144430
  • Previous Sale Recording Date: Jun 27, 1996
  • Previous Sale Contract Date: Jun 17, 1996
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE AFFINITY LLC
  • First Mortgage Transaction Date: Nov 25, 2020
  • First Mortgage Loan Amount: $315,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: LEGACY FINANCIAL INC
  • Previous Mortgage Transaction Date: Jun 27, 1996
  • Previous Mortgage Loan Amount: $145,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2026

About Villa Park



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Frequently Asked Questions

What neighborhood is 731 South Villa Avenue located in?
The 731 South Villa Avenue is a located in the neighborhood of York in Villa Park, Villa Park.
What is the average sales price for listings in 731 South Villa Avenue?
The average sales price for units in 731 South Villa Avenue is $0 currently.

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