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108 East Taylor Street

108 East Taylor Street, Newark, IL 60541
House in Big Grove
Sold May 30, 2023
$300,000
$269,910 by Neighborhood Loans Inc
Mortgage Due Aug 01, 2052
Sold Jun 04, 2018
$180,000
$176,671 by Frank Yabsley Etal
Mortgage
Local assessors in Newark, IL have categorized 108 East Taylor Street as a residential type of property. The property's lot size has been calculated to be 14,375 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 1,200 ft.

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. 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, 108 East Taylor Street sold most recently in Jun 9, 2022 for a total of $300,000. Before that, the property was also sold for $180,000 in May 30, 2018. 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 $4,844 in taxes each year. 108 East Taylor Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $68,376. If we break it down further, the land itself was valued at $17,645. Improvements to the property, however, were assessed at a total of $50,731. 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. 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. 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.

Building Features

Exterior

Wood Siding

Parking

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

Building Info

Overview

    General

  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 14,375
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 1,200
  • 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: ALDRICH SOUTH ADDN
  • Land Acres: 0.33
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LTS 1 & 2 BLK 6 ALDRICH SOUTH ADDN VILLAGE OF NEWARK

Ownership

  • Current Owner : BANDA CRUZ JANETH
  • Current Owner 2: BANDA NAYELI GUZMAN
  • Previous Owner : WILSON TYLER
  • Previous Owner 2: WILSON KRISTA
  • Owner Before Previous Owner: EDWARDS DESIREE D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Newark Community High School District 18
  • Census Tract: 890703

Geography

  • Parcel: 07-06-436-005
  • Block: 6
  • Lot: 1,2
  • Municipality: BIG GROVE TOWNSHIP
  • Latitude: 41.5351
  • Longitude: -88.5814

    Address

  • Full Address: 108 E Taylor St
  • Address - House Number: 108
  • Street Direction: E
  • Address - Street Name: Taylor
  • Address - Suffix Type: St
  • State: IL
  • City Name: Newark
  • Carrier Code: R001
  • 4-Digit Zip Code: 3114
  • Zip Code: 60541

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,844
  • Tax Rate Code Area: BG004

    Appraisal Valuation

  • Standard Deviation: 0.0911
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 92
  • Final Value: 297,752
  • High Value: 324,890
  • Low Value: 270,614

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $279,910
  • First Open Lien Mortgage Lender: NEIGHBORHOOD LOANS INC
  • First Open Lien Mortgage Recording Date: Aug 22, 2022
  • First Open Lien Mortgage Loan Amount: $269,910
  • 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: Aug 01, 2052
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Aug 22, 2022
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 120
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Aug 01, 2032

    Market Valuation

  • Market Total Value: $205,128
  • Market Land Value: $52,935
  • Market Improvement Value: $152,193

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,376
  • Assessed Land Value: $17,645
  • Assessed Improvements Value: $50,731

    Sales

  • Current Sale Contract Date: Jun 09, 2022
  • Current Sale Recording Date: May 30, 2023
  • Current Sale Transaction ID: 11907242433
  • Current Sale Price: $300,000
  • Current Sale Document Type: Re-recorded Document
  • Current Sale Input Document Number: 5777
  • Previous Sale Recording Date: Jun 04, 2018
  • Previous Sale Contract Date: May 30, 2018
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FRANK YABSLEY ETAL
  • Previous Mortgage Transaction Date: Jun 04, 2018
  • Previous Mortgage Loan Amount: $176,671
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Newark



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Frequently Asked Questions

What neighborhood is 108 East Taylor Street located in?
The 108 East Taylor Street is a house located in the neighborhood of Big Grove in Newark, Newark.
What is the average sales price for listings in 108 East Taylor Street?
The average sales price for units in 108 East Taylor Street is $0 currently.

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