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1016 Minnesota Street

1016 Minnesota Street, Edwardsville, IL 62025
Property in Edwardsville
Sold Jun 01, 2009
$137,000
$132,427 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2039
Local assessors in Edwardsville, IL have categorized 1016 Minnesota Street as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1990. The property's lot size has been calculated to be 10,500 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 750 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, 3 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 is one full bathroom. There is also a partial bathroom. 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 1016 Minnesota Street has a total of 1,159 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 detached garage for those who need a place to park their vehicle. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 unknown 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 central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1016 Minnesota Street was last sold in May 21, 2009 for $137,000. According to our calculations, that's $118.21 per sqft. Current property owners are expected to pay $3,631 in taxes per year. The property on 1016 Minnesota Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $55,590. To break that down further, the land itself was valued at $9,360. While improvements to the property were assessed at a total of $46,230. 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. 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.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: 1950
  • Effective Year Built: 1990
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,500
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,159
  • Gross Building Area: 1,159
  • Building Area: 1,159
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,159
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STEINMEYER SUBD
  • Land Acres: 0.241
  • Standard Land Use Code: Single family residential
  • Legal Description 1: STEINMEYER SUBD LOT 2 75X140

Ownership

  • Current Owner : SILVEY REBECCA
  • Previous Owner : THE BANK OF EDWARDSVILLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Edwardsville Community Unit School District 7
  • School Tax School District: 014
  • Census Tract: 402900

Geography

  • District: 14
  • Parcel: 14-2-15-10-16-401-024
  • Lot: 2
  • Municipality: EDWARDSVILLE
  • Latitude: 38.8099
  • Longitude: -89.9702

    Address

  • Full Address: 1016 Minnesota St
  • Address - House Number: 1016
  • Address - Street Name: Minnesota
  • Address - Suffix Type: St
  • State: IL
  • City Name: Edwardsville
  • Carrier Code: C013
  • 4-Digit Zip Code: 1425
  • Zip Code: 62025

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,631
  • Tax Rate Code Area: 102

    Appraisal Valuation

  • Standard Deviation: 0.2568
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 63
  • Final Value: 215,821
  • High Value: 271,255
  • Low Value: 160,387

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,427
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 01, 2009
  • First Open Lien Mortgage Loan Amount: $132,427
  • 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: Jun 01, 2039

    Market Valuation

  • Market Total Value: $166,770
  • Market Land Value: $28,080
  • Market Improvement Value: $138,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,590
  • Assessed Land Value: $9,360
  • Assessed Improvements Value: $46,230

    Sales

  • Current Sale Contract Date: May 21, 2009
  • Current Sale Recording Date: Jun 01, 2009
  • Current Sale Transaction ID: 1178693680
  • Current Sale Price: $137,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2009R27902

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 01, 2009
  • First Mortgage Loan Amount: $132,427
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2039

About Edwardsville



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423 Cherry Street, Edwardsville, IL, 62025 Listing by Tarek Samara

Frequently Asked Questions

What neighborhood is 1016 Minnesota Street located in?
The 1016 Minnesota Street is a located in the neighborhood of Edwardsville in Edwardsville, Edwardsville.
What is the average sales price for listings in 1016 Minnesota Street?
The average sales price for units in 1016 Minnesota Street is $0 currently.

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