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1040 West 7th Street

1040 West 7th Street, Flora, IL 62839
Property in Harter
Sold Aug 14, 2019
$60,000
$58,200 by Fifth Third Bank
Mortgage Due Sep 01, 2049
1040 West 7th Street in Flora, IL was first built in 1980 and is 44 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a multifamily style. It is a single story home. In terms of bathrooms, there is only one bathroom. 1040 West 7th Street has 1,008 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 11,819 square feet.

Learn more about the property and building on this page. The roof of the home is made of shingle (not wood). For those who need parking, there is a garage. The garage is 288 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C-. The condition of the building has been evaluated as average. The exterior walls of the home are made of materials we are unsure of. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Aug 14, 2019 for $60,000. That's $59.52 per sqft. 1040 West 7th Street was last assessed in 2018. The total value of the property was assessed at $20,675. Specifically, the land the property is located on was valued at $3,625. While improvements on the property were assessed at a total of $17,050. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $545. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1980
  • Effective Year Built: 1980
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Quality: C-
  • Construction Type: Frame
  • Building Style: Multifamily
  • Exterior Walls Type: Other
  • Roof Cover Type: Shingle (not wood)
  • Floor Count: 1
  • Floor Cover: Concrete
  • Basement Area: 0
  • Parking Type: Attached
  • Garage Type: Garage
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,819
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.271
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: ZINK'S 1ST ADDN LOT 11

Ownership

  • Current Owner : LUSCH JOHN E
  • Previous Owner : CHRISTOPHER MCCRORY
  • Previous Owner 2: JAMES KENNETH NAIL ESTATE
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III
  • Vacant Flag Date: Dec 20, 2019

Neighborhood

  • School District Name: Flora Community Unit School District 35
  • Census Tract: 972100

Geography

  • District: 10
  • Parcel: 10-26-102-013
  • Lot: 11
  • Municipality: HARTER
  • Latitude: 38.672
  • Longitude: -88.5014

    Address

  • Full Address: 1040 W 5th St
  • Address - House Number: 1040
  • Street Direction: W
  • Address - Street Name: 5th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Flora
  • Carrier Code: C003
  • 4-Digit Zip Code: 1157
  • Zip Code: 62839

Valuation

    Tax

  • Tax Year: 2018
  • Tax Amount: $545
  • Tax Rate Code Area: 10905

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $58,200
  • First Open Lien Mortgage Lender: FIFTH THIRD BANK
  • First Open Lien Mortgage Recording Date: Aug 14, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $58,200
  • 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: Sep 01, 2049

    Market Valuation

  • Market Total Value: $62,025
  • Market Land Value: $10,875
  • Market Improvement Value: $51,150

    Assessments Valuation

  • Assessed Year: 2018
  • Assessed Total Value: $20,675
  • Assessed Land Value: $3,625
  • Assessed Improvements Value: $17,050

    Sales

  • Current Sale Contract Date: Aug 14, 2019
  • Current Sale Recording Date: Aug 14, 2019
  • Current Sale Transaction ID: 11637598787
  • Current Sale Price: $60,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: D197200

    Last Sale Mortgage

  • First Mortgage Lender: FIFTH THIRD BANK
  • First Mortgage Transaction Date: Aug 14, 2019
  • First Mortgage Loan Amount: $58,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Flora



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1040 West 7th Street located in?
The 1040 West 7th Street is a modular home located in the neighborhood of Harter in Flora, Flora.
What is the average sales price for listings in 1040 West 7th Street?
The average sales price for units in 1040 West 7th Street is $0 currently.

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