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501 West Cleveland Avenue

501 West Cleveland Avenue, Belleville, IL 62220
Property in Belleville
Sold Nov 15, 2007
$142,000
$209,045 by Jlb Corp
Mortgage Due May 01, 2053
Sold Oct 27, 2003
$150,000
$135,000 by Central Illinois Bank
Mortgage Due Nov 01, 2033
Local assessors in Belleville, IL have categorized 501 West Cleveland Avenue as a residential type of property. The home was built in 1888 and is 136 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 30,056 square feet. There are also 4 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 501 West Cleveland Avenue has a total of 1,368 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,368 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 garage for those who need a place to park their vehicle. The garage on the property is 56,000 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Oct 30, 2007 for $142,000. That's $103.80 per sqft. Prior to that sales transaction, the property was also sold in Oct 10, 2003 for $150,000. 501 West Cleveland Avenue was last assessed in 2022. The total value of the property was assessed at $51,932. Specifically, the land the property is located on was valued at $11,983. While improvements on the property were assessed at a total of $39,949. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $4,396. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1888
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,368
  • Garage Type: Garage
  • Garage Square Area: 56,000
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 30,056
  • Total Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SEC 28 T1 NR 8W
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SEC 28 T1 NR 8W A02692928

Ownership

  • Current Owner : TRAPP PETER D
  • Current Owner 2: KENNETT KRISTIN A
  • Previous Owner : TRAPP ROBERT
  • Previous Owner 2: TRAPP DANIEL
  • Owner Before Previous Owner: TRAPP MARY B
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Belleville Township High School District 201
  • Census Tract: 501700

Geography

  • District: 02
  • Section: 28
  • Parcel: 08-28-0-235-025
  • Block: 235
  • Meridian: SEC 28 TWP 01N RNG 08W
  • Municipality: BELLEVILLE
  • Latitude: 38.5052
  • Longitude: -89.9912

    Address

  • Full Address: 501 W Cleveland Ave
  • Address - House Number: 501
  • Street Direction: W
  • Address - Street Name: Cleveland
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Belleville
  • Carrier Code: C008
  • 4-Digit Zip Code: 2461
  • Zip Code: 62220

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,396
  • Tax Rate Code Area: 02099

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 73
  • Final Value: 186,702
  • High Value: 211,860
  • Low Value: 161,543

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $209,045
  • First Open Lien Mortgage Lender: JLB CORP
  • First Open Lien Mortgage Recording Date: Apr 11, 2023
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $209,045
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2053

    Market Valuation

  • Market Total Value: $155,796
  • Market Land Value: $35,949
  • Market Improvement Value: $119,847

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,932
  • Assessed Land Value: $11,983
  • Assessed Improvements Value: $39,949

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 30, 2007
  • Current Sale Recording Date: Nov 15, 2007
  • Current Sale Transaction ID: 1077046899
  • Current Sale Price: $142,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A02077083
  • Previous Sale Recording Date: Oct 27, 2003
  • Previous Sale Contract Date: Oct 10, 2003
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF BELLEVILLE
  • First Mortgage Transaction Date: Nov 15, 2007
  • First Mortgage Loan Amount: $142,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2037

    Previous Mortgages

  • Previous Mortgage Lender: CENTRAL ILLINOIS BANK
  • Previous Mortgage Transaction Date: Oct 27, 2003
  • Previous Mortgage Loan Amount: $135,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2033

About Belleville



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Frequently Asked Questions

What neighborhood is 501 West Cleveland Avenue located in?
The 501 West Cleveland Avenue is a located in the neighborhood of Belleville in Belleville, Belleville.
What is the average sales price for listings in 501 West Cleveland Avenue?
The average sales price for units in 501 West Cleveland Avenue is $0 currently.

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