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1412 West Prospect Street

1412 West Prospect Street, Kewanee, IL 61443
Property in Kewanee
Sold May 07, 2018
$38,500
$30,800 by Ruhl Mortgage Llc
Mortgage Due Jun 01, 2048
Sold Apr 23, 2009
$13,700
1412 West Prospect Street has been categorized by the local assessors in Kewanee, IL as a residential type of property. The building on the property was first built in 1923 and is 101 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1412 West Prospect Street has 1,000 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 1,000 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 1,420 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,100 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. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. In terms of heating, it is utilizing a gas heating system. 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, 1412 West Prospect Street was last sold in May 4, 2018 for $38,500. According to our calculations, that's $38.50 per sqft. Prior to that sales transaction, the property was sold for $13,700 in Apr 23, 2009. Current property owners are expected to pay $239 in taxes per year. The property on 1412 West Prospect Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $13,119. To break that down further, the land itself was valued at $1,179. While improvements to the property were assessed at a total of $11,940. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1923
  • Effective Year Built: 1923
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,000
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,100
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,000
  • Building Area: 1,000
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 1,000
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SHADY SIDE ADD
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 32 SHADY SIDE ADD CITY OF KEWANEE LANDS INCORP

Ownership

  • Current Owner : MULCAHY MICHAEL
  • Current Owner 2: MULCAHY KATHRYN
  • Previous Owner : FITZGERREL PAUL L
  • Previous Owner 2: FITZGERREL JEANETTE E
  • Owner Before Previous Owner: BALL WILLIAM B
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Jun 30, 2023

Neighborhood

  • School District Name: Kewanee Community Unit School District 229
  • Census Tract: 030900

Geography

  • District: 20
  • Parcel: 20-32-327-005
  • Block: 327
  • Lot: 32
  • Municipality: KEWANEE
  • Latitude: 41.2383
  • Longitude: -89.9449

    Address

  • Full Address: 1412 W Prospect St
  • Address - House Number: 1412
  • Street Direction: W
  • Address - Street Name: Prospect
  • Address - Suffix Type: St
  • State: IL
  • City Name: Kewanee
  • Carrier Code: C013
  • 4-Digit Zip Code: 2562
  • Zip Code: 61443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $239
  • Tax Rate Code Area: 200016

    Appraisal Valuation

  • Standard Deviation: 0.1192
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 42,557
  • High Value: 47,632
  • Low Value: 37,481

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,800
  • First Open Lien Mortgage Lender: RUHL MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 07, 2018
  • First Open Lien Mortgage Loan Amount: $30,800
  • 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: Jun 01, 2048

    Market Valuation

  • Market Total Value: $39,357
  • Market Land Value: $3,537
  • Market Improvement Value: $35,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,119
  • Assessed Land Value: $1,179
  • Assessed Improvements Value: $11,940

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2018
  • Current Sale Recording Date: May 07, 2018
  • Current Sale Transaction ID: 11479893025
  • Current Sale Price: $38,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20-1802491
  • Previous Sale Recording Date: Apr 23, 2009
  • Previous Sale Contract Date: Apr 23, 2009
  • Previous Sale Amount: $13,700
  • Previous Sale Document Type: Personal Representatives Deed

    Last Sale Mortgage

  • First Mortgage Lender: RUHL MORTGAGE LLC
  • First Mortgage Transaction Date: May 07, 2018
  • First Mortgage Loan Amount: $30,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2048

About Kewanee



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Frequently Asked Questions

What neighborhood is 1412 West Prospect Street located in?
The 1412 West Prospect Street is a located in the neighborhood of Kewanee in Kewanee, Kewanee.
What is the average sales price for listings in 1412 West Prospect Street?
The average sales price for units in 1412 West Prospect Street is $0 currently.

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