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1056 Johnston Street

1056 Johnston Street, Galesburg, IL 61401
Property in Galesburg City
Sold Oct 04, 2019
$44,000
$35,200 by Farmers & Mechanics Bk
Mortgage Due Nov 01, 2039
Sold Mar 12, 2010
$60,000
1056 Johnston Street in Galesburg, IL was first built in 1955 and is 69 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 ranch/rambler style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1056 Johnston Street has 1,256 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. The linear feet across the front of the lot is 490 ft and the linear feet between the front and back of the lot is 1,471. In total, the area measurement of the land is 7,203 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 440 sqft. There are a total of 2 available parking spaces. 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. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Oct 3, 2019 for $44,000. That's $35.03 per sqft. Prior to that sales transaction, the property was also sold in Feb 4, 2010 for $60,000. 1056 Johnston Street was last assessed in 2022. The total value of the property was assessed at $15,700. Specifically, the land the property is located on was valued at $2,250. While improvements on the property were assessed at a total of $13,450. 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 $1,488. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 7,203
  • Lot Size Depth Feet: 1,471
  • Lot Size Frontage Feet: 490
  • Total Building Area: 1,256
  • Building Area: 1,256
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,256
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHANDLER HINCHMAN ADDN
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CHANDLER HINCHMAN ADDN RE SD LOTS 1 2 & 3 OF RE SD LOTS 17 18 & 19 ALSO LOTS 20 21 22 & 23 LOT 28

Ownership

  • Current Owner : STONEKING JEREMIAH
  • Current Owner 2: STONEKING KATHERINE A
  • Previous Owner : PEDERSEN AMANDA R
  • Owner Before Previous Owner: TERRELL HODNETT A
  • Owner Before Previous Owner 2: TERRELL LORETTA C

Neighborhood

  • School District Name: Galesburg Community Unit School District 205
  • Census Tract: 000300

Geography

  • District: 99
  • Parcel: 99-11-202-005
  • Lot: 1-28
  • Municipality: CITY OF GALESBURG
  • Latitude: 40.9609
  • Longitude: -90.3534

    Address

  • Full Address: 1056 Johnston St
  • Address - House Number: 1056
  • Address - Street Name: Johnston
  • Address - Suffix Type: St
  • State: IL
  • City Name: Galesburg
  • Carrier Code: C018
  • 4-Digit Zip Code: 3042
  • Zip Code: 61401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,488
  • Tax Rate Code Area: 36

    Appraisal Valuation

  • Standard Deviation: 0.2294
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 68
  • Final Value: 63,873
  • High Value: 78,528
  • Low Value: 49,218

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $35,200
  • First Open Lien Mortgage Lender: FARMERS & MECHANICS BK
  • First Open Lien Mortgage Recording Date: Oct 04, 2019
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $35,200
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2039

    Market Valuation

  • Market Total Value: $47,100
  • Market Land Value: $6,750
  • Market Improvement Value: $40,350

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,700
  • Assessed Land Value: $2,250
  • Assessed Improvements Value: $13,450

    Sales

  • Current Sale Contract Date: Oct 03, 2019
  • Current Sale Recording Date: Oct 04, 2019
  • Current Sale Transaction ID: 11831908725
  • Current Sale Price: $44,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Mar 12, 2010
  • Previous Sale Contract Date: Feb 04, 2010
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS & MECHANICS BK
  • First Mortgage Transaction Date: Oct 04, 2019
  • First Mortgage Loan Amount: $35,200
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Nov 01, 2039

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Galesburg



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1056 Johnston Street located in?
The 1056 Johnston Street is a located in the neighborhood of Galesburg City in Galesburg, Galesburg.
What is the average sales price for listings in 1056 Johnston Street?
The average sales price for units in 1056 Johnston Street is $0 currently.

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