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1408 North Jefferson Street

1408 North Jefferson Street, Litchfield, IL 62056
Property in North Litchfield
Sold Sep 09, 2021
$117,500
$111,625 by Us Bank Na
Mortgage
Sold May 23, 2017
$60,000
$54,000 by Wells Fargo Bank
Mortgage
1408 North Jefferson Street in Litchfield, IL was first built in 1985 and is 39 years old. This has been categorized as a residential property type. 1408 North Jefferson Street has 936 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,933 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1408 North Jefferson Street was last sold in Aug 26, 2021 for $117,500. According to our calculations, that's $125.53 per sqft. Prior to that sales transaction, the property was sold for $60,000 in May 23, 2017. Current property owners are expected to pay $2,637 in taxes per year. The property on 1408 North Jefferson Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $36,090. To break that down further, the land itself was valued at $3,370. While improvements to the property were assessed at a total of $32,720. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,933
  • Total Building Area: 936
  • Gross Building Area: 936
  • Building Area: 936
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TOMLINSON ADD
  • Land Acres: 0.182
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 7 BLK 6 TOMLINSON ADD 9-5-2498A S T00 R

Ownership

  • Current Owner : KOEBBE REBECCA
  • Previous Owner : DAVIS BRADLEY
  • Previous Owner 2: DAVIS TARAH
  • Owner Before Previous Owner: FRERICHS MARY ANN
  • Owner Before Previous Owner 2: FRERICHS THOMAS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Litchfield Community Unit School District 12
  • Census Tract: 957700

Geography

  • District: 11
  • Parcel: 10-33-153-004
  • Block: 6
  • Lot: 7
  • Municipality: NORTH LITCHFIELD
  • Latitude: 39.1857
  • Longitude: -89.6574

    Address

  • Full Address: 1408 N Jefferson St
  • Address - House Number: 1408
  • Street Direction: N
  • Address - Street Name: Jefferson
  • Address - Suffix Type: St
  • State: IL
  • City Name: Litchfield
  • Carrier Code: C005
  • 4-Digit Zip Code: 1140
  • Zip Code: 62056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,637
  • Tax Rate Code Area: 11006

    Appraisal Valuation

  • Standard Deviation: 0.1354
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 81,890
  • High Value: 92,978
  • Low Value: 70,801

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $111,625
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Sep 09, 2021
  • First Open Lien Mortgage Loan Amount: $111,625
  • 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: $108,270
  • Market Land Value: $10,110
  • Market Improvement Value: $98,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,090
  • Assessed Land Value: $3,370
  • Assessed Improvements Value: $32,720

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 26, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Transaction ID: 11857407460
  • Current Sale Price: $117,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202103360
  • Previous Sale Recording Date: May 23, 2017
  • Previous Sale Contract Date: May 23, 2017
  • Previous Sale Amount: $60,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Sep 09, 2021
  • First Mortgage Loan Amount: $111,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK
  • Previous Mortgage Transaction Date: May 23, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $54,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Litchfield



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Frequently Asked Questions

What neighborhood is 1408 North Jefferson Street located in?
The 1408 North Jefferson Street is a located in the neighborhood of North Litchfield in Litchfield, Litchfield.
What is the average sales price for listings in 1408 North Jefferson Street?
The average sales price for units in 1408 North Jefferson Street is $0 currently.

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