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1023 South B Street

1023 South B Street, Monmouth, IL 61462
House in Monmouth
Sold Jun 08, 2018
$25,000
$22,500 by Farmers & Mechanics Bank
Mortgage
1023 South B Street has been categorized by the local assessors in Monmouth, IL as a residential type of property. The linear feet between the front and back of the lot is 1,502 ft and across the front of the lot is 665 ft. The area measurement of the land has been determined as 9,992 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. 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, 1023 South B Street was last sold in Jun 8, 2018 for $25,000. Current property owners are expected to pay $516 in taxes per year. The property on 1023 South B Street was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $10,550. To break that down further, the land itself was valued at $1,630. While improvements to the property were assessed at a total of $8,920. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

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

    Dimensions

  • Lot Size Square Feet: 9,992
  • Lot Size Depth Feet: 1,502
  • Lot Size Frontage Feet: 665
  • 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: MORGANS 2ND ADDN
  • Land Acres: 0.229
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 2 BLOCK 13 MORGANS 2ND ADDN. LOT SIZE: 66.5' X 150.25'

Ownership

  • Current Owner : NAVARRO EFRAIN PICENO
  • Current Owner 2: MACIASGOMEZ NANCY N
  • Previous Owner : MCLAUGHLIN CYNTHIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monmouth-Roseville Community Unit School District 238
  • Census Tract: 870500

Geography

  • Parcel: 09-305-079-00
  • Block: 13
  • Lot: 2
  • Municipality: MONMOUTH TWP
  • Latitude: 40.901
  • Longitude: -90.6508

    Address

  • Full Address: 1023 S B St
  • Address - House Number: 1023
  • Street Direction: S
  • Address - Street Name: B
  • Address - Suffix Type: St
  • State: IL
  • City Name: Monmouth
  • Carrier Code: C006
  • 4-Digit Zip Code: 2543
  • Zip Code: 61462

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $516
  • Tax Rate Code Area: 09904

    Appraisal Valuation

  • Standard Deviation: 0.1037
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 79
  • Final Value: 37,011
  • High Value: 40,852
  • Low Value: 33,169

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $22,500
  • First Open Lien Mortgage Lender: FARMERS & MECHANICS BANK
  • First Open Lien Mortgage Recording Date: Jun 08, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $22,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $31,650
  • Market Land Value: $4,890
  • Market Improvement Value: $26,760

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $10,550
  • Assessed Land Value: $1,630
  • Assessed Improvements Value: $8,920

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2018
  • Current Sale Recording Date: Jun 08, 2018
  • Current Sale Transaction ID: 11470617635
  • Current Sale Price: $25,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R-1101

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS & MECHANICS BANK
  • First Mortgage Transaction Date: Jun 08, 2018
  • First Mortgage Loan Amount: $22,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Monmouth



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1023 South B Street located in?
The 1023 South B Street is a house located in the neighborhood of Monmouth in Monmouth, Monmouth.
What is the average sales price for listings in 1023 South B Street?
The average sales price for units in 1023 South B Street is $40,000 , or $38/sqft. currently.

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