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1518 Newcastle Avenue

1518 Newcastle Avenue, Westchester, IL 60154
Property in Proviso
Sold Jun 16, 2023
$320,000
$288,000 by Lakeside Bank
Mortgage Due Jun 01, 2053
Sold Nov 21, 2017
$260,000
$245,000 by Jpmorgan Chase Bank Na
Mortgage Due Dec 01, 2047
1518 Newcastle Avenue has been categorized by the local assessors in Westchester, IL as a residential type of property. The building on the property was first built in 1954 and is 70 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1518 Newcastle Avenue has 1,118 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 1,250 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,650 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a bungalow 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 detached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. 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 masonry 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 roof of the building is made of asphalt. The exterior walls of the building are made of masonry. 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. Finally, the property is currently sourcing its water from a municipal system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1518 Newcastle Avenue was last sold in May 26, 2023 for $320,000. According to our calculations, that's $286.23 per sqft. Prior to that sales transaction, the property was sold for $260,000 in Nov 8, 2017. Current property owners are expected to pay $5,011 in taxes per year. The property on 1518 Newcastle Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $25,000. To break that down further, the land itself was valued at $4,655. While improvements to the property were assessed at a total of $20,345. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,650
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,118
  • Gross Building Area: 1,118
  • Building Area: 1,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TERMINAL ADD
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (BALTIS) RESUB OF LTS106-122 IN GEO F NIXON & COS 2ND TERMINAL ADD TO WESTCHESTER IN NH SEC 21-39-12

Ownership

  • Current Owner : IAPUNCICH GRANT
  • Current Owner 2: JAPUNCICLE BREA
  • Previous Owner : HARTER JAMES M
  • Previous Owner 2: HARTER CASSIE M
  • Owner Before Previous Owner: BALLON DANNY
  • Owner Before Previous Owner 2: BALLON STACY L

Neighborhood

  • School District Name: Westchester School District 92-5
  • Census Tract: 818200

Geography

  • District: 31
  • Parcel: 15-21-120-049-0000
  • Lot: 106-1
  • Meridian: SEC 21 TWN 39N RNG 12E
  • Municipality: PROVISO
  • Latitude: 41.8574
  • Longitude: -87.8752

    Address

  • Full Address: 1518 Newcastle Ave
  • Address - House Number: 1518
  • Address - Street Name: Newcastle
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Westchester
  • Carrier Code: C034
  • 4-Digit Zip Code: 3615
  • Zip Code: 60154

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,011
  • Tax Rate Code Area: 31088

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 310,053
  • High Value: 381,300
  • Low Value: 238,806

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $288,000
  • First Open Lien Mortgage Lender: LAKESIDE BANK
  • First Open Lien Mortgage Recording Date: Jun 16, 2023
  • First Open Lien Mortgage Loan Amount: $288,000
  • 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: Jun 01, 2053

    Market Valuation

  • Market Total Value: $250,000
  • Market Land Value: $46,550
  • Market Improvement Value: $203,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $25,000
  • Assessed Land Value: $4,655
  • Assessed Improvements Value: $20,345

    Sales

  • Current Sale Contract Date: May 26, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Transaction ID: 11908090070
  • Current Sale Price: $320,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 12055
  • Previous Sale Recording Date: Nov 21, 2017
  • Previous Sale Contract Date: Nov 08, 2017
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKESIDE BANK
  • First Mortgage Transaction Date: Jun 16, 2023
  • First Mortgage Loan Amount: $288,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Nov 21, 2017
  • Previous Mortgage Loan Amount: $245,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2047

About Westchester



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1518 Newcastle Avenue located in?
The 1518 Newcastle Avenue is a located in the neighborhood of Proviso in Westchester, Westchester.
What is the average sales price for listings in 1518 Newcastle Avenue?
The average sales price for units in 1518 Newcastle Avenue is $0 currently.

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