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125 East 2nd South Street

125 East 2nd South Street, Chebanse, IL 60922
Property in Chebanse
Sold May 25, 2017
$76,000
$98,187 by Cmg Mortgage Inc
Mortgage Due Sep 01, 2052
125 East 2nd South Street has been categorized by the local assessors in Chebanse, IL as a residential type of property. The area measurement of the land has been determined as 6,397 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 125 East 2nd South Street sold most recently in May 17, 2017 for a total of $76,000. 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 $2,645 in taxes each year. 125 East 2nd South Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $34,070. If we break it down further, the land itself was valued at $2,490. Improvements to the property, however, were assessed at a total of $31,580. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,397
  • 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: CHEBANSE
  • Land Acres: 0.146
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: E2 LTS 9 & 10 BLK 10 VIL OF CHEBANSE

Ownership

  • Current Owner : GROSS MIKE
  • Current Owner 2: GROSS BONNIE
  • Previous Owner : BRENNEISEN LOIS A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants in Common

Neighborhood

  • School District Name: Central Community Unit School District 4
  • Census Tract: 950200

Geography

  • District: 7
  • Parcel: 03 14 229 013
  • Block: 10
  • Lot: 9,10
  • Municipality: CHEBANSE TOWNSHIP
  • Latitude: 40.9993
  • Longitude: -87.9091

    Address

  • Full Address: 125 E Second South St
  • Address - House Number: 125
  • Street Direction: E
  • Address - Street Name: Second South
  • Address - Suffix Type: St
  • State: IL
  • City Name: Chebanse
  • Carrier Code: R002
  • 4-Digit Zip Code: 9664
  • Zip Code: 60922

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,645
  • Tax Rate Code Area: 07006

    Appraisal Valuation

  • Standard Deviation: 0.1281
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 74
  • Final Value: 122,755
  • High Value: 138,485
  • Low Value: 107,024

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $98,187
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 31, 2022
  • First Open Lien Mortgage Loan Amount: $98,187
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $102,210
  • Market Land Value: $7,470
  • Market Improvement Value: $94,740

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,070
  • Assessed Land Value: $2,490
  • Assessed Improvements Value: $31,580

    Sales

  • Current Sale Contract Date: May 17, 2017
  • Current Sale Recording Date: May 25, 2017
  • Current Sale Transaction ID: 1732032854
  • Current Sale Price: $76,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17R1600

    Last Sale Mortgage

  • First Mortgage Lender: FIRST TRUST BANK OF ILLINOIS
  • First Mortgage Transaction Date: May 25, 2017
  • First Mortgage Loan Amount: $60,800
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: May 22, 2022

About Chebanse



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Frequently Asked Questions

What neighborhood is 125 East 2nd South Street located in?
The 125 East 2nd South Street is a located in the neighborhood of Chebanse in Chebanse, Chebanse.
What is the average sales price for listings in 125 East 2nd South Street?
The average sales price for units in 125 East 2nd South Street is $0 currently.

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