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1060 North 250th Road

1060 North 250th Road, Plymouth, IL 62367
Property in Lamoine
Sold Oct 07, 2021
$214,000
$206,060 by Fortress Bank
Mortgage Due Nov 01, 2051
This has been categorized as a residential property type. In total, the area measurement of the land is 419,918 square feet.

Learn more about the property and building on this page. 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, 1060 North 250th Road sold most recently in Oct 6, 2021 for a total of $214,000. 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 $4,501 in taxes each year. 1060 North 250th Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $67,955. If we break it down further, the land itself was valued at $10,105. Improvements to the property, however, were assessed at a total of $57,850. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 419,918
  • 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
  • Land Acres: 9.64
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: S20 T4 R4 10 A SW COR NW

Ownership

  • Current Owner : TROTT STEPHEN J
  • Current Owner 2: TROTT HANNAH K
  • Previous Owner : MCCULLOUGH DOUGLAS R
  • Previous Owner 2: MCCULLOUGH TINA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Southeastern Community Unit School District 337
  • Census Tract: 011100

Geography

  • Parcel: 10-000-206-05
  • Meridian: SEC 20 TWN 04 RNG 04
  • Municipality: LAMOINE
  • Latitude: 40.3214
  • Longitude: -90.8878

    Address

  • Full Address: 1060 N 250th Rd
  • Address - House Number: 1060
  • Street Direction: N
  • Address - Street Name: 250th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Plymouth
  • Carrier Code: R023
  • 4-Digit Zip Code: 2563
  • Zip Code: 62367

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,501
  • Tax Rate Code Area: 10004

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $206,060
  • First Open Lien Mortgage Lender: FORTRESS BANK
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $206,060
  • 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: Nov 01, 2051

    Market Valuation

  • Market Total Value: $203,865
  • Market Land Value: $30,315
  • Market Improvement Value: $173,550

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,955
  • Assessed Land Value: $10,105
  • Assessed Improvements Value: $57,850

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 06, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Transaction ID: 11863579613
  • Current Sale Price: $214,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-3342

    Last Sale Mortgage

  • First Mortgage Lender: FORTRESS BANK
  • First Mortgage Transaction Date: Oct 07, 2021
  • First Mortgage Loan Amount: $206,060
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About McDonough



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Frequently Asked Questions

What neighborhood is 1060 North 250th Road located in?
The 1060 North 250th Road is a located in the neighborhood of Lamoine in McDonough, Plymouth.
What is the average sales price for listings in 1060 North 250th Road?
The average sales price for units in 1060 North 250th Road is $0 currently.

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