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131 South Elm Street

131 South Elm Street, Franklin Grove, IL 61031
Property in Franklin Grove
Sold Nov 02, 2009
$73,000
$72,900 by The First National Bank & Trus
Mortgage Due Nov 01, 2039
Local assessors in Franklin Grove, IL have categorized 131 South Elm Street as a residential type of property. The home was built in 1891 and is 133 years old. The property's lot size has been calculated to be 9,516 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 131 South Elm Street has a total of 1,265 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. Lots of wood were used in the construction of the exterior walls of the home. The property was last sold in Oct 16, 2009 for $73,000. That's $57.71 per sqft. 131 South Elm Street was last assessed in 2022. The total value of the property was assessed at $22,398. Specifically, the land the property is located on was valued at $2,877. While improvements on the property were assessed at a total of $19,521. 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 $1,410. 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. 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: 1891
  • Effective Year Built: 1891
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,516
  • Total Building Area: 1,265
  • Building Area: 1,265
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,265
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAHMANS ADDITION
  • Land Acres: 0.218
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SECT/LOT:00 TWP:07 RNG/BLK:026 LAHMANS ADD F. GR

Ownership

  • Current Owner : MARONDE JOSEPH E
  • Previous Owner : CARSON DAVID
  • Previous Owner 2: MARO STELLA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ashton Community Unit School District 275
  • Census Tract: 000200

Geography

  • Account Number: 137421
  • District: 06
  • Parcel: 06-09-01-157-014
  • Block: 26
  • Municipality: FRANKLIN GROVE
  • Latitude: 41.8393
  • Longitude: -89.2998

    Address

  • Full Address: 131 S Elm St
  • Address - House Number: 131
  • Street Direction: S
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IL
  • City Name: Franklin Grove
  • Carrier Code: R777
  • 4-Digit Zip Code: 9713
  • Zip Code: 61031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,410
  • Tax Rate Code Area: 06005

    Appraisal Valuation

  • Standard Deviation: 0.1261
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 74
  • Final Value: 60,835
  • High Value: 68,510
  • Low Value: 53,159

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $72,900
  • First Open Lien Mortgage Lender: THE FIRST NATIONAL BANK & TRUS
  • First Open Lien Mortgage Recording Date: Nov 02, 2009
  • First Open Lien Mortgage Loan Amount: $72,900
  • 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: Nov 01, 2039

    Market Valuation

  • Market Total Value: $67,194
  • Market Land Value: $8,631
  • Market Improvement Value: $58,563

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,398
  • Assessed Land Value: $2,877
  • Assessed Improvements Value: $19,521

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 16, 2009
  • Current Sale Recording Date: Nov 02, 2009
  • Current Sale Transaction ID: 1178538042
  • Current Sale Price: $73,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2009006561

    Last Sale Mortgage

  • First Mortgage Lender: THE FIRST NATIONAL BANK & TRUS
  • First Mortgage Transaction Date: Nov 02, 2009
  • First Mortgage Loan Amount: $72,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2039

About Franklin Grove



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Frequently Asked Questions

What neighborhood is 131 South Elm Street located in?
The 131 South Elm Street is a located in the neighborhood of Franklin Grove in Franklin Grove, Franklin Grove.
What is the average sales price for listings in 131 South Elm Street?
The average sales price for units in 131 South Elm Street is $0 currently.

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