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107 South Main Street

107 South Main Street, Arrowsmith, IL 61722
House in Arrowsmith
Sold Nov 01, 2019
$83,500
$66,800 by Prairie State Bank & Trust
Mortgage Due Nov 01, 2049
Sold Jan 24, 2017
$80,000
$64,000 by Illinois State Credit Union
Mortgage Due Feb 01, 2047
Local assessors in Arrowsmith, IL have categorized 107 South Main Street as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 8,712 square feet. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 107 South Main Street has a total of 808 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. The garage on the property is 6,200 sqft. There are 20 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of alum/vinyl siding 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. 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, 107 South Main Street was last sold in Oct 28, 2019 for $83,500. According to our calculations, that's $103.34 per sqft. Prior to that sales transaction, the property was sold for $80,000 in Jan 11, 2017. Current property owners are expected to pay $1,715 in taxes per year. The property on 107 South Main Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $25,069. To break that down further, the land itself was valued at $1,844. While improvements to the property were assessed at a total of $23,225. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1926
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 6,200
  • Parking Space Count: 20

    Dimensions

  • Lot Size Square Feet: 8,712
  • Total Building Area: 808
  • Gross Building Area: 808
  • Building Area: 808
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 808
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORIG TOWN OF ARROWSMITH
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ORIG TOWN OF ARROWSMITH BLK 10 N12 LOT 7, ALL LOTS 8 & 9, S8 LOT 10

Ownership

  • Current Owner : CARLSON MELODY ANN
  • Current Owner 2: MELODY ANN CARLSON LIVING TRUST
  • Previous Owner : SCHUMACHER ROBERT
  • Previous Owner 2: SCHUMACHER ASHLEY
  • Owner Before Previous Owner: HANLEY HOMES LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ridgeview Community Unit School District 19
  • Census Tract: 005602

Geography

  • District: 3
  • Parcel: 24-15-302-004
  • Block: 10
  • Lot: 7
  • Meridian: SEC 15 TWN 23N RNG 05E
  • Municipality: ARROWSMITH
  • Latitude: 40.4487
  • Longitude: -88.6314

    Address

  • Full Address: 107 S Main St
  • Address - House Number: 107
  • Street Direction: S
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Arrowsmith
  • Carrier Code: R005
  • 4-Digit Zip Code: 7515
  • Zip Code: 61722

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,715
  • Tax Rate Code Area: 301

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 114,398
  • High Value: 137,332
  • Low Value: 91,465

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $66,800
  • First Open Lien Mortgage Lender: PRAIRIE STATE BANK & TRUST
  • First Open Lien Mortgage Recording Date: Nov 01, 2019
  • First Open Lien Mortgage Loan Amount: $66,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $75,207
  • Market Land Value: $5,532
  • Market Improvement Value: $69,675

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,069
  • Assessed Land Value: $1,844
  • Assessed Improvements Value: $23,225

    Sales

  • Current Sale Contract Date: Oct 28, 2019
  • Current Sale Recording Date: Nov 01, 2019
  • Current Sale Transaction ID: 11672680471
  • Current Sale Price: $83,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-00018074
  • Previous Sale Recording Date: Jan 24, 2017
  • Previous Sale Contract Date: Jan 11, 2017
  • Previous Sale Amount: $80,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRAIRIE STATE BANK & TRUST
  • First Mortgage Transaction Date: Nov 01, 2019
  • First Mortgage Loan Amount: $66,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Nov 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: ILLINOIS STATE CREDIT UNION
  • Previous Mortgage Transaction Date: Jan 24, 2017
  • Previous Mortgage Loan Amount: $64,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2047

About Arrowsmith



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Frequently Asked Questions

What neighborhood is 107 South Main Street located in?
The 107 South Main Street is a house located in the neighborhood of Arrowsmith in Arrowsmith, Arrowsmith.
What is the average sales price for listings in 107 South Main Street?
The average sales price for units in 107 South Main Street is $0 currently.

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