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423 Wheeler Avenue

423 Wheeler Avenue, Joliet, IL 60436
Property in Reedwood
Sold Feb 27, 2018
$89,000
$86,550 by Jpmorgan Chase Bank Na
Mortgage Due Feb 01, 2052
Sold Jun 05, 2017
$42,000
Local assessors in Joliet, IL have categorized 423 Wheeler Avenue as a residential type of property. The home was built in 1920 and is 104 years old. The property's lot size has been calculated to be 5,330 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 410 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. 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 423 Wheeler Avenue has a total of 744 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. The home sources its water from a municipal system. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 396 sqft. 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 frame control joints. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 423 Wheeler Avenue was last sold in Feb 15, 2018 for $89,000. According to our calculations, that's $119.62 per sqft. Prior to that sales transaction, the property was sold for $42,000 in Jun 2, 2017. Current property owners are expected to pay $3,186 in taxes per year. The property on 423 Wheeler Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $40,502. To break that down further, the land itself was valued at $9,387. While improvements to the property were assessed at a total of $31,115. 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. 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. 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: 1920
  • Effective Year Built: 1920
  • Total Rooms: 6
  • Bedroom Count: 2
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 396
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,330
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 410
  • Total Building Area: 744
  • Building Area: 744
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 744
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: WEST PARK ADDITION TO JOLIET
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 96 IN WEST PARK ADNN TO JOLIET, BEING A SUB OF PRT OF THE W1/2 OF THE SE1/4 OF SEC 17 T35N-R10E.

Ownership

  • Current Owner : VILLANUEVA FERNANDO
  • Previous Owner : CLASSIC INBESTMENTS LLC
  • Owner Before Previous Owner: MARTINEZ LISA A
  • Owner Before Previous Owner 2: BMO HARRISS BANK NA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 882601

Geography

  • Parcel: 30-07-17-403-026
  • Lot: 96
  • Meridian: SEC 17 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.5139
  • Longitude: -88.1055

    Address

  • Full Address: 423 Wheeler Ave
  • Address - House Number: 423
  • Address - Street Name: Wheeler
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Joliet
  • Carrier Code: C054
  • 4-Digit Zip Code: 2071
  • Zip Code: 60436

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,186
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1758
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 77
  • Final Value: 155,783
  • High Value: 183,176
  • Low Value: 128,390

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,550
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 26, 2022
  • First Open Lien Mortgage Loan Amount: $86,550
  • 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: Feb 01, 2052

    Market Valuation

  • Market Total Value: $121,506
  • Market Land Value: $28,161
  • Market Improvement Value: $93,345

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,502
  • Assessed Land Value: $9,387
  • Assessed Improvements Value: $31,115

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 15, 2018
  • Current Sale Recording Date: Feb 27, 2018
  • Current Sale Transaction ID: 11423771658
  • Current Sale Price: $89,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2018013603
  • Previous Sale Recording Date: Jun 05, 2017
  • Previous Sale Contract Date: Jun 02, 2017
  • Previous Sale Amount: $42,000
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: INLANTA MORTGAGE INC
  • First Mortgage Transaction Date: Feb 27, 2018
  • First Mortgage Loan Amount: $87,387
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Mar 01, 2048

    Financing

  • First Mortgage Financing Type: Unknown

About Reedwood



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Frequently Asked Questions

What neighborhood is 423 Wheeler Avenue located in?
The 423 Wheeler Avenue is a located in the neighborhood of Reedwood in Reedwood, Joliet.
What is the average sales price for listings in 423 Wheeler Avenue?
The average sales price for units in 423 Wheeler Avenue is $0 currently.

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