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505 Palladium Drive West

505 Palladium Drive West, Joliet, IL 60435
Property in Joliet
Sold Sep 03, 1997
$126,000
$128,520 by First Mtg Corp
Mortgage Due Sep 01, 2027
505 Palladium Drive West has been categorized by the local assessors in Joliet, IL as a residential type of property. The building on the property was first built in 1959 and is 65 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 505 Palladium Drive West has 2,112 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,475 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level 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 attached garage for those who require parking. The garage measured 480 sqft. According to our sources, there are a total of 2 available parking spaces. 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. The exterior walls of the building are made of brick. The inside of the home is being cooled with air conditioning at the moment. There is a single fireplace in the home. Perfect for those wintery nights. 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, 505 Palladium Drive West was last sold in Aug 29, 1997 for $126,000. According to our calculations, that's $31.82 per sqft. Current property owners are expected to pay $7,175 in taxes per year. The property on 505 Palladium Drive West was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $83,688. To break that down further, the land itself was valued at $22,007. While improvements to the property were assessed at a total of $61,681. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Masonry
  • Building Style: Split level
  • Exterior Walls Type: Brick
  • Basement Type: Unspecified basement
  • Basement Area: 1,368
  • Garage Type: Attached
  • Garage Square Area: 480
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,475
  • Lot Size Frontage Feet: 1,020
  • Total Building Area: 3,960
  • Building Area: 2,112
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,112
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: E J WALSHS
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 85 UNIT 2 IN E J WALSH'S SUB, BEING A SUB OF PRT OF THE W1/2 OF THE NE1/4 IN SEC. 7, T35N-R10E.

Ownership

  • Current Owner : SHIREY JAEMS A
  • Current Owner 2: SHIREY LISA C
  • Previous Owner : PERRYMAN RONALD A
  • Previous Owner 2: PERRYMAN SHIRLEY C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Joliet Public School District 86
  • Census Tract: 881601

Geography

  • Parcel: 30-07-07-207-001
  • Lot: 85
  • Meridian: SEC 07 TWN 35N RNG 10E
  • Municipality: JOLIET
  • Latitude: 41.533
  • Longitude: -88.1294

    Address

  • Full Address: 505 Palladium Dr W
  • Legal Unit: 2
  • Address - House Number: 505
  • Street Segment Direction: W
  • Address - Street Name: Palladium
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Joliet
  • Carrier Code: C068
  • 4-Digit Zip Code: 5674
  • Zip Code: 60435

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,175
  • Tax Rate Code Area: 3011

    Appraisal Valuation

  • Standard Deviation: 0.1419
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 83
  • Final Value: 302,814
  • High Value: 345,805
  • Low Value: 259,824

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $128,520
  • First Open Lien Mortgage Lender: FIRST MTG CORP
  • First Open Lien Mortgage Recording Date: Sep 03, 1997
  • First Open Lien Mortgage Loan Amount: $128,520
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2027

    Market Valuation

  • Market Total Value: $251,064
  • Market Land Value: $66,021
  • Market Improvement Value: $185,043

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $83,688
  • Assessed Land Value: $22,007
  • Assessed Improvements Value: $61,681

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 29, 1997
  • Current Sale Recording Date: Sep 03, 1997
  • Current Sale Transaction ID: 1179109993
  • Current Sale Price: $126,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R97-075266

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MTG CORP
  • First Mortgage Transaction Date: Sep 03, 1997
  • First Mortgage Loan Amount: $128,520
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2027

About Joliet



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Frequently Asked Questions

What neighborhood is 505 Palladium Drive West located in?
The 505 Palladium Drive West is a located in the neighborhood of Joliet in Joliet, Joliet.
What is the average sales price for listings in 505 Palladium Drive West?
The average sales price for units in 505 Palladium Drive West is $0 currently.

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