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1222 Watson Street

1222 Watson Street, Streator, IL 61364
Property in Bruce
Sold Sep 06, 2016
$75,000
$65,000 by First State Bank
Mortgage
1222 Watson Street in Streator, IL was first built in 1960 and is 64 years old. This has been categorized as a residential property type. In total, the area measurement of the land is 8,182 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, 1222 Watson Street sold most recently in Aug 31, 2016 for a total of $75,000. If you work out the math, that's approximately a cost of $71.84 per sqft. 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 $2,125 in taxes each year. 1222 Watson Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,589. If we break it down further, the land itself was valued at $1,921. Improvements to the property, however, were assessed at a total of $21,668. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,182
  • Total Building Area: 1,044
  • Gross Building Area: 1,044
  • Building Area: 1,044
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RICHARDS 2ND SUB
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: RICHARDS 2ND ADD, N33' E60' W240' LT 16, E60' W240' LTS 17 & 18 SEC 36-31-3

Ownership

  • Current Owner : DONAHUE VAUGHN
  • Previous Owner : HAGER CHARLES E
  • Previous Owner 2: HAGER SHIRLEY C
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Streator Township High School District 40
  • Census Tract: 964300

Geography

  • District: BR
  • Parcel: 33-36-219-004
  • Lot: 16-18
  • Meridian: SEC 36 TWN 31 RNG 03
  • Municipality: BRUCE TOWNSHIP
  • Latitude: 41.1189
  • Longitude: -88.8175

    Address

  • Full Address: 1222 Watson St
  • Address - House Number: 1222
  • Address - Street Name: Watson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Streator
  • Carrier Code: C012
  • 4-Digit Zip Code: 3156
  • Zip Code: 61364

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,125
  • Tax Rate Code Area: BR003

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 81,132
  • High Value: 92,178
  • Low Value: 70,085

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,000
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: Sep 06, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $65,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $70,767
  • Market Land Value: $5,763
  • Market Improvement Value: $65,004

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,589
  • Assessed Land Value: $1,921
  • Assessed Improvements Value: $21,668

    Sales

  • Current Sale Contract Date: Aug 31, 2016
  • Current Sale Recording Date: Sep 06, 2016
  • Current Sale Transaction ID: 1755566176
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201613123

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK
  • First Mortgage Transaction Date: Sep 06, 2016
  • First Mortgage Loan Amount: $65,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Streator



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Frequently Asked Questions

What neighborhood is 1222 Watson Street located in?
The 1222 Watson Street is a located in the neighborhood of Bruce in Streator, Streator.
What is the average sales price for listings in 1222 Watson Street?
The average sales price for units in 1222 Watson Street is $0 currently.

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