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1317 Black Road

1317 Black Road, Joliet, IL 60435
Property in Emerald Lawns
Sold Jan 19, 2021
$150,000
$145,500 by Key Mortgage Services Inc
Mortgage Due Dec 01, 2050
Sold Mar 04, 1997
$99,000
$60,000 by Standard Federal Bank Fsb
Mortgage Due Mar 01, 2027
Local assessors in Joliet, IL have categorized 1317 Black Road as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 7,400 square feet. 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 1317 Black Road has a total of 1,640 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 attached garage for those who need a place to park their vehicle. The garage on the property is 520 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 masonry control joints. Residents rely on air conditioning for their cooling 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, 1317 Black Road sold most recently in Nov 12, 2020 for a total of $150,000. If you work out the math, that's approximately a cost of $69.44 per sqft. Before that, the property was also sold for $99,000 in Feb 28, 1997. 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 $5,952 in taxes each year. 1317 Black Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $70,451. If we break it down further, the land itself was valued at $15,790. Improvements to the property, however, were assessed at a total of $54,661. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Construction Type: Masonry
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,160
  • Building Area: 1,640
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,640
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BLACK ROAD ESTATES UNIT #2
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 161 IN BLACK ROAD ESTATES UNIT 2, BEING A SUB OF PRT OF THE E1/2 OF THE SW1/4 OF SEC 5, T35N-R10E.

Ownership

  • Current Owner : WHEATON BENJAMIN
  • Previous Owner : LOVELL PEGGY L
  • Owner Before Previous Owner: ENTWHISTLE ELDON W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881500

Geography

  • Parcel: 30-07-05-333-003
  • Lot: 161
  • Meridian: SEC 05 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5377
  • Longitude: -88.1155

    Address

  • Full Address: 1317 Black Rd
  • Legal Unit: 2
  • Address - House Number: 1317
  • Address - Street Name: Black
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Joliet
  • Carrier Code: C103
  • 4-Digit Zip Code: 3903
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,952
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1747
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 236,382
  • High Value: 277,700
  • Low Value: 195,065

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $145,500
  • First Open Lien Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Open Lien Mortgage Recording Date: Jan 19, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $145,500
  • 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: $211,353
  • Market Land Value: $47,370
  • Market Improvement Value: $163,983

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $70,451
  • Assessed Land Value: $15,790
  • Assessed Improvements Value: $54,661

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Jan 19, 2021
  • Current Sale Transaction ID: 11814122687
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2021006445
  • Previous Sale Recording Date: Mar 04, 1997
  • Previous Sale Contract Date: Feb 28, 1997
  • Previous Sale Amount: $99,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: KEY MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Jan 19, 2021
  • First Mortgage Loan Amount: $145,500
  • 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: STANDARD FEDERAL BANK FSB
  • Previous Mortgage Transaction Date: Mar 04, 1997
  • Previous Mortgage Loan Amount: $60,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Mar 01, 2027

About Emerald Lawns



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Frequently Asked Questions

What neighborhood is 1317 Black Road located in?
The 1317 Black Road is a located in the neighborhood of Emerald Lawns in Emerald Lawns, Joliet.
What is the average sales price for listings in 1317 Black Road?
The average sales price for units in 1317 Black Road is $0 currently.

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