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114 North Elm Street

114 North Elm Street, Mc Lean, IL 61754
Land in Mount Hope
Sold Oct 29, 2020
$15,000
$49,000 by First Security Bank
Mortgage
Sold Jan 29, 2019
$6,000
Local assessors in Mc Lean, IL have categorized 114 North Elm Street as a residential type of property. The home was built in 1894 and is 130 years old. The property's lot size has been calculated to be 18,730 square feet. 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 114 North Elm Street has a total of 930 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. 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. The property was last sold in Oct 8, 2020 for $15,000. That's $16.13 per sqft. Prior to that sales transaction, the property was also sold in Jan 11, 2019 for $6,000. 114 North Elm Street was last assessed in 2022. The total value of the property was assessed at $2,164. Specifically, the land the property is located on was valued at $1,623. While improvements on the property were assessed at a total of $541. 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 $213. 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.

Building Features

Parking

Carport
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1894
  • Effective Year Built: 1894
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,730
  • Total Building Area: 930
  • Gross Building Area: 930
  • Building Area: 930
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 930
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DILLON & FISHERS ADD
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DILLON & FISHERS ADD TO MCLEAN LOT 3 &4 BLK 9

Ownership

  • Current Owner : MCTERNEN TYLER
  • Previous Owner : SWEARINGEN TOM
  • Owner Before Previous Owner: FARNAM ANNA M

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 006000

Geography

  • District: 23
  • Parcel: 26-36-312-005
  • Block: 9
  • Lot: 3,4
  • Municipality: MOUNT HOPE
  • Latitude: 40.3159
  • Longitude: -89.1666

    Address

  • Full Address: 114 N Elm St
  • Address - House Number: 114
  • Street Direction: N
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mc Lean
  • Carrier Code: R003
  • 4-Digit Zip Code: 9313
  • Zip Code: 61754

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $213
  • Tax Rate Code Area: 2303

    Appraisal Valuation

  • Standard Deviation: 0.4855
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 2
  • Final Value: 176,425
  • High Value: 262,080
  • Low Value: 90,769

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $49,000
  • First Open Lien Mortgage Lender: FIRST SECURITY BANK
  • First Open Lien Mortgage Recording Date: Nov 15, 2023
  • First Open Lien Mortgage Loan Amount: $49,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Market Valuation

  • Market Total Value: $6,492
  • Market Land Value: $4,869
  • Market Improvement Value: $1,623

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $2,164
  • Assessed Land Value: $1,623
  • Assessed Improvements Value: $541

    Sales

  • Current Sale Contract Date: Oct 08, 2020
  • Current Sale Recording Date: Oct 29, 2020
  • Current Sale Transaction ID: 11796040276
  • Current Sale Price: $15,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-00023148
  • Previous Sale Recording Date: Jan 29, 2019
  • Previous Sale Contract Date: Jan 11, 2019
  • Previous Sale Amount: $6,000
  • Previous Sale Document Type: Warranty Deed

About McLean



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 114 North Elm Street located in?
The 114 North Elm Street is a land located in the neighborhood of Mount Hope in McLean, Mc Lean.
What is the average sales price for listings in 114 North Elm Street?
The average sales price for units in 114 North Elm Street is $0 currently.

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