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1001 Payson Avenue

1001 Payson Avenue, Quincy, IL 62301
Property in Quincy
Sold Jun 23, 2020
$124,500
$120,765 by First Mid Bank & Trust Nationa
Mortgage Due Jul 01, 2050
Sold Jan 22, 2020
$50,050
$80,000 by Town & Country Bank Midwest
Mortgage Due Jul 21, 2020
1001 Payson Avenue has been categorized by the local assessors in Quincy, IL as a residential type of property. The linear feet between the front and back of the lot is 1,890 ft and across the front of the lot is 410 ft. The area measurement of the land has been determined as 7,788 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1001 Payson Avenue sold most recently in Jun 19, 2020 for a total of $124,500. Before that, the property was also sold for $50,050 in Jan 21, 2020. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,436 in taxes each year. 1001 Payson Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $42,350. If we break it down further, the land itself was valued at $2,550. Improvements to the property, however, were assessed at a total of $39,800. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,788
  • Lot Size Depth Feet: 1,890
  • Lot Size Frontage Feet: 410
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: JOHN WOODS ADD
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 11 BLK 81 WOODS SURVEY LOT 11

Ownership

  • Current Owner : SCHILLING JULIE A
  • Previous Owner : ZACHARY TULEY
  • Owner Before Previous Owner: SECRETARY OF HOUSING AND URBAN DEVELOPME
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Quincy School District 172
  • Census Tract: 000900

Geography

  • District: 23
  • Parcel: 232070400000
  • Block: 81
  • Lot: 11
  • Meridian: SEC 2 TWN 2S RNG 9W
  • Municipality: QUINCY
  • Latitude: 39.9243
  • Longitude: -91.3997

    Address

  • Full Address: 1001 Payson Ave
  • Address - House Number: 1001
  • Address - Street Name: Payson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Quincy
  • Carrier Code: C004
  • 4-Digit Zip Code: 4944
  • Zip Code: 62301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,436
  • Tax Rate Code Area: 23001

    Appraisal Valuation

  • Standard Deviation: 0.1933
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 74
  • Final Value: 163,390
  • High Value: 194,982
  • Low Value: 131,798

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,765
  • First Open Lien Mortgage Lender: FIRST MID BANK & TRUST NATIONA
  • First Open Lien Mortgage Recording Date: Jun 23, 2020
  • First Open Lien Mortgage Loan Amount: $120,765
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $127,050
  • Market Land Value: $7,650
  • Market Improvement Value: $119,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,350
  • Assessed Land Value: $2,550
  • Assessed Improvements Value: $39,800

    Sales

  • Current Sale Contract Date: Jun 19, 2020
  • Current Sale Recording Date: Jun 23, 2020
  • Current Sale Transaction ID: 11771106985
  • Current Sale Price: $124,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5327
  • Previous Sale Recording Date: Jan 22, 2020
  • Previous Sale Contract Date: Jan 21, 2020
  • Previous Sale Amount: $50,050
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MID BANK & TRUST NATIONA
  • First Mortgage Transaction Date: Jun 23, 2020
  • First Mortgage Loan Amount: $120,765
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: TOWN & COUNTRY BANK MIDWEST
  • Previous Mortgage Transaction Date: Jan 22, 2020
  • Previous Mortgage Loan Amount: $80,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jul 21, 2020

About Quincy



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Frequently Asked Questions

What neighborhood is 1001 Payson Avenue located in?
The 1001 Payson Avenue is a located in the neighborhood of Quincy in Quincy, Quincy.
What is the average sales price for listings in 1001 Payson Avenue?
The average sales price for units in 1001 Payson Avenue is $0 currently.

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