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1305 Kern Street

1305 Kern Street, Normal, IL 61761
Property in Normal
Sold Sep 28, 2015
$170,000
$169,200 by Busey Bank
Mortgage Due Oct 01, 2045
Sold May 03, 2007
$175,000
$54,000 by Fifth Third Mortgage Corp
Mortgage Due May 01, 2022
1305 Kern Street has been categorized by the local assessors in Normal, IL as a residential type of property.

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, 1305 Kern Street sold most recently in Sep 15, 2015 for a total of $170,000. Before that, the property was also sold for $175,000 in Apr 20, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 1305 Kern Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $62,341. If we break it down further, the land itself was valued at $12,553. Improvements to the property, however, were assessed at a total of $49,788. 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. 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.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: 0
  • 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: SUGAR CREEK
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: SUGAR CREEK SUB LOT 37

Ownership

  • Current Owner : BROWN WILLIE L
  • Previous Owner : NEWMAN TERRY J
  • Previous Owner 2: NEWMAN SUZANNE L
  • Owner Before Previous Owner: DUVALL DAVID W
  • Owner Before Previous Owner 2: DUVALL BETHANY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000301

Geography

  • District: 30
  • Parcel: 14-32-232-001
  • Lot: 37
  • Municipality: NORMAL
  • Latitude: 40.5004
  • Longitude: -89.0044

    Address

  • Full Address: 1305 Kern St
  • Address - House Number: 1305
  • Address - Street Name: Kern
  • Address - Suffix Type: St
  • State: IL
  • City Name: Normal
  • Carrier Code: C043
  • 4-Digit Zip Code: 3325
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 251,457
  • High Value: 290,496
  • Low Value: 212,419

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,200
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Sep 28, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $169,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2045

    Market Valuation

  • Market Total Value: $187,023
  • Market Land Value: $37,659
  • Market Improvement Value: $149,364

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,341
  • Assessed Land Value: $12,553
  • Assessed Improvements Value: $49,788

    Sales

  • Current Sale Contract Date: Sep 15, 2015
  • Current Sale Recording Date: Sep 28, 2015
  • Current Sale Transaction ID: 1477448043
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015-00018334
  • Previous Sale Recording Date: May 03, 2007
  • Previous Sale Contract Date: Apr 20, 2007
  • Previous Sale Amount: $175,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BUSEY BANK
  • First Mortgage Transaction Date: Sep 28, 2015
  • First Mortgage Loan Amount: $169,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Oct 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIFTH THIRD MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 03, 2007
  • Previous Mortgage Loan Amount: $54,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2022

About Normal



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Frequently Asked Questions

What neighborhood is 1305 Kern Street located in?
The 1305 Kern Street is a located in the neighborhood of Normal in Normal, Normal.
What is the average sales price for listings in 1305 Kern Street?
The average sales price for units in 1305 Kern Street is $0 currently.

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