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111 South Transit Street

111 South Transit Street, Rochelle, IL 61068
Property in Dement
Sold Jun 16, 2020
$152,000
$153,260 by American Bank & Trust
Mortgage Due Jul 01, 2050
Sold Apr 26, 2012
$136,000
$119,200 by Byron Bank
Mortgage Due May 01, 2027
Local assessors in Rochelle, IL have categorized 111 South Transit Street as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 10,078 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 111 South Transit Street has a total of 1,465 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. The property was last sold in Jun 12, 2020 for $152,000. That's $103.75 per sqft. Prior to that sales transaction, the property was also sold in Apr 19, 2012 for $136,000. 111 South Transit Street was last assessed in 2022. The total value of the property was assessed at $51,051. Specifically, the land the property is located on was valued at $6,735. While improvements on the property were assessed at a total of $44,316. 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 $3,919. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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: 2005
  • Effective Year Built: 2005
  • Bedroom Count: 0
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,078
  • Total Building Area: 1,465
  • Building Area: 1,465
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,465
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE OF CRESTON
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4 & PT LOT 3 IN BLK 28 VIL OF CRESTON; AKA TRACT 3 ON SURVEY

Ownership

  • Current Owner : BEARD JOSHUA K
  • Previous Owner : DAUGHERTY JERRY L
  • Previous Owner 2: JURMU SARA R
  • Owner Before Previous Owner: BROWN DAVID E
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Creston Community Consolidated School District 161
  • Census Tract: 961100

Geography

  • District: 4
  • Subdivision Tract Number: 3
  • Parcel: 25-23-252-008
  • Block: 28
  • Lot: 3-4
  • Municipality: DEMENT
  • Latitude: 41.9304
  • Longitude: -88.9687

    Address

  • Full Address: 111 S Transit St
  • Address - House Number: 111
  • Street Direction: S
  • Address - Street Name: Transit
  • Address - Suffix Type: St
  • State: IL
  • City Name: Rochelle
  • Carrier Code: R002
  • 4-Digit Zip Code: 8503
  • Zip Code: 61068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,919
  • Tax Rate Code Area: 440

    Appraisal Valuation

  • Standard Deviation: 0.2486
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 64
  • Final Value: 194,795
  • High Value: 243,222
  • Low Value: 146,368

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $153,260
  • First Open Lien Mortgage Lender: AMERICAN BANK & TRUST
  • First Open Lien Mortgage Recording Date: Jun 16, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $153,260
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $153,153
  • Market Land Value: $20,205
  • Market Improvement Value: $132,948

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,051
  • Assessed Land Value: $6,735
  • Assessed Improvements Value: $44,316

    Sales

  • Current Sale Contract Date: Jun 12, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Transaction ID: 11771726426
  • Current Sale Price: $152,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202003863
  • Previous Sale Recording Date: Apr 26, 2012
  • Previous Sale Contract Date: Apr 19, 2012
  • Previous Sale Amount: $136,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAN BANK & TRUST
  • First Mortgage Transaction Date: Jun 16, 2020
  • First Mortgage Loan Amount: $153,260
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BYRON BANK
  • Previous Mortgage Transaction Date: Apr 26, 2012
  • Previous Mortgage Loan Amount: $119,200
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2027

About Creston



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Frequently Asked Questions

What neighborhood is 111 South Transit Street located in?
The 111 South Transit Street is a located in the neighborhood of Dement in Creston, Rochelle.
What is the average sales price for listings in 111 South Transit Street?
The average sales price for units in 111 South Transit Street is $0 currently.

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