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1001 North Oak Street

1001 North Oak Street, Normal, IL 61761
Property in Normal
Sold Jan 07, 2021
$114,000
$91,200 by First State Mortgage Services
Mortgage Due Jan 01, 2036
Sold Feb 25, 2014
$135,000
$130,240 by Busey Bank
Mortgage Due Mar 01, 2044
Local assessors in Normal, IL have categorized 1001 North Oak Street as a residential type of property. The home was built in 1946 and is 78 years old. The property's lot size has been calculated to be 6,600 square feet. The linear feet between the front and back of the lot was measured at 1,320 ft and the front of the lot was measured at 500 ft. 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, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 1001 North Oak Street has a total of 1,406 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 garage for those who need a place to park their vehicle. The garage on the property is 681 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - D. The building has a roof that is made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 1001 North Oak Street was last sold in Dec 22, 2020 for $114,000. According to our calculations, that's $81.08 per sqft. Prior to that sales transaction, the property was sold for $135,000 in Feb 21, 2014. Current property owners are expected to pay $3,626 in taxes per year. The property on 1001 North Oak Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $46,363. To break that down further, the land itself was valued at $7,636. While improvements to the property were assessed at a total of $38,727. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1946
  • Effective Year Built: 1946
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: D
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 681
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,600
  • Lot Size Depth Feet: 1,320
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,406
  • Building Area: 1,406
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,406
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MORNINGSIDE ADD
  • Land Acres: 0.152
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: MORNINGSIDE ADD LOT 10 & 11 BLK 2

Ownership

  • Current Owner : THAMES DANIEL G
  • Current Owner 2: THAMES LISA R
  • Previous Owner : TAYLOR LUKE
  • Previous Owner 2: TAYLOR KRISTIN
  • Owner Before Previous Owner: WILLIAMS MICHAEL D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000106

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-22-351-022
  • Block: 2
  • Lot: 10,11
  • Meridian: SEC 22 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5187
  • Longitude: -88.9819

    Address

  • Full Address: 1001 N Oak St
  • Address - House Number: 1001
  • Street Direction: N
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: IL
  • City Name: Normal
  • Carrier Code: C042
  • 4-Digit Zip Code: 1735
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,626
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2167
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 70
  • Final Value: 187,926
  • High Value: 228,653
  • Low Value: 147,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,200
  • First Open Lien Mortgage Lender: FIRST STATE MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Jan 07, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $91,200
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2036

    Market Valuation

  • Market Total Value: $139,089
  • Market Land Value: $22,908
  • Market Improvement Value: $116,181

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,363
  • Assessed Land Value: $7,636
  • Assessed Improvements Value: $38,727

    Sales

  • Current Sale Contract Date: Dec 22, 2020
  • Current Sale Recording Date: Jan 07, 2021
  • Current Sale Transaction ID: 11810766345
  • Current Sale Price: $114,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-00000375
  • Previous Sale Recording Date: Feb 25, 2014
  • Previous Sale Contract Date: Feb 21, 2014
  • Previous Sale Amount: $135,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE MORTGAGE SERVICES
  • First Mortgage Transaction Date: Jan 07, 2021
  • First Mortgage Loan Amount: $91,200
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2036

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BUSEY BANK
  • Previous Mortgage Transaction Date: Feb 25, 2014
  • Previous Mortgage Loan Amount: $130,240
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2044

About Normal



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Frequently Asked Questions

What neighborhood is 1001 North Oak Street located in?
The 1001 North Oak Street is a located in the neighborhood of Normal in Normal, Normal.
What is the average sales price for listings in 1001 North Oak Street?
The average sales price for units in 1001 North Oak Street is $0 currently.

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