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314 South Walnut Street

314 South Walnut Street, Itasca, IL 60143
Property in Addison
Sold Apr 09, 2021
$355,000
$283,920 by First Centennial Mortgage Corp
Mortgage Due Apr 01, 2051
314 South Walnut Street in Itasca, IL was first built in 1980 and is 44 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. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 314 South Walnut Street has 1,960 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 65 ft and the linear feet between the front and back of the lot is 140. In total, the area measurement of the land is 26,136 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 506 sqft. 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. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 314 South Walnut Street sold most recently in Mar 6, 2021 for a total of $355,000. If you work out the math, that's approximately a cost of $113.13 per sqft. 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 $7,854 in taxes each year. 314 South Walnut Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $116,020. If we break it down further, the land itself was valued at $50,890. Improvements to the property, however, were assessed at a total of $65,130. 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
Cedar Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Brick
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Garage Type: Attached
  • Garage Square Area: 506
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 26,136
  • Lot Size Depth Feet: 140
  • Lot Size Frontage Feet: 65
  • Total Building Area: 3,138
  • Gross Building Area: 3,138
  • Building Area: 1,960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WALNUT GROVE SUB
  • Land Acres: 0.6
  • Standard Land Use Code: Single family residential
  • Legal Description 1: WALNUT GROVE SUB ALL

Ownership

  • Current Owner : GATTUSO CRAIG NICHOLAS
  • Current Owner 2: ESPINOZA ELIZABETH
  • Previous Owner : SCHILLINGER LORI
  • Previous Owner 2: BAKER DEBORAH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Itasca School District 10
  • School Tax School District: ITASCA
  • Census Tract: 840201

Zoning

  • Zoning: R

Geography

  • Assessors Map Reference: 2914-C7
  • Parcel: 03-08-314-023
  • Lot: 8
  • Municipality: ADDISON
  • Latitude: 41.9672
  • Longitude: -88.0134

    Address

  • Full Address: 314 S Walnut St
  • Address - House Number: 314
  • Street Direction: S
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Itasca
  • Carrier Code: C012
  • 4-Digit Zip Code: 2138
  • Zip Code: 60143

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,854
  • Tax Rate Code Area: 3087

    Appraisal Valuation

  • Standard Deviation: 0.1703
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 406,542
  • High Value: 475,782
  • Low Value: 337,301

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $283,920
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 09, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $283,920
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $348,060
  • Market Land Value: $152,670
  • Market Improvement Value: $195,390

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $116,020
  • Assessed Land Value: $50,890
  • Assessed Improvements Value: $65,130

    Sales

  • Current Sale Contract Date: Mar 06, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Transaction ID: 11830832376
  • Current Sale Price: $355,000
  • Current Sale Document Type: Administrator's Deed
  • Current Sale Input Document Number: R2021-056653

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 09, 2021
  • First Mortgage Loan Amount: $283,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Itasca



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Frequently Asked Questions

What neighborhood is 314 South Walnut Street located in?
The 314 South Walnut Street is a located in the neighborhood of Addison in Itasca, Itasca.
What is the average sales price for listings in 314 South Walnut Street?
The average sales price for units in 314 South Walnut Street is $0 currently.

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