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1561 2250th Street

1561 2250th Street, Atlanta, IL 61723
Property in Eminence
Sold Apr 03, 2020
$805,500
$171,000 by State Bank Of Lincoln
Mortgage
Sold Jan 16, 2020
$180,000
$171,000 by State Bank Of Lincoln
Mortgage
Local assessors in Atlanta, IL have categorized 1561 2250th Street as a residential type of property. The property's lot size has been calculated to be 95,832 square feet.

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. 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, 1561 2250th Street was last sold in Apr 2, 2020 for $805,500. Prior to that sales transaction, the property was sold for $180,000 in Jan 13, 2020. Current property owners are expected to pay $4,988 in taxes per year. The property on 1561 2250th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $62,220. To break that down further, the land itself was valued at $3,260. While improvements to the property were assessed at a total of $58,960. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

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

    Dimensions

  • Lot Size Square Feet: 95,832
  • Lot Size Frontage 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
  • Land Acres: 2.2
  • Standard Land Use Code: Rural/agricultural residence
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: S27 T21 R2 BEG E474.10 FROM NW CORNER THEN W 370.44 S 259.03 W 1/2 SE.

Ownership

  • Current Owner : RUBEN CHARLES E
  • Current Owner 2: RUBEN CAROL A
  • Previous Owner : POLLEY TRUST
  • Owner Before Previous Owner: POLLEY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 952900

Geography

  • District: 09
  • Parcel: 09-027-007-10
  • Meridian: SEC 27 TWN 21 RNG 02
  • Municipality: EMINENCE
  • Latitude: 40.2404
  • Longitude: -89.3066

    Address

  • Full Address: 1561 2250th St
  • Address - House Number: 1561
  • Address - Street Name: 2250th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Atlanta
  • Carrier Code: R001
  • 4-Digit Zip Code: 9227
  • Zip Code: 61723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,988
  • Tax Rate Code Area: 09003

    Appraisal Valuation

  • Standard Deviation: 0.2402
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 66
  • Final Value: 229,825
  • High Value: 285,032
  • Low Value: 174,618

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $171,000
  • First Open Lien Mortgage Lender: STATE BANK OF LINCOLN
  • First Open Lien Mortgage Recording Date: Jan 16, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $171,000
  • 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: $189,840
  • Market Land Value: $9,330
  • Market Improvement Value: $180,510

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,220
  • Assessed Land Value: $3,260
  • Assessed Improvements Value: $58,960

    Sales

  • Current Sale Contract Date: Apr 02, 2020
  • Current Sale Recording Date: Apr 03, 2020
  • Current Sale Transaction ID: 11755306922
  • Current Sale Price: $805,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020108573
  • Previous Sale Recording Date: Jan 16, 2020
  • Previous Sale Contract Date: Jan 13, 2020
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Deed

    Previous Mortgages

  • Previous Mortgage Lender: STATE BANK OF LINCOLN
  • Previous Mortgage Transaction Date: Jan 16, 2020
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $171,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Logan



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Frequently Asked Questions

What neighborhood is 1561 2250th Street located in?
The 1561 2250th Street is a located in the neighborhood of Eminence in Logan, Atlanta.
What is the average sales price for listings in 1561 2250th Street?
The average sales price for units in 1561 2250th Street is $0 currently.

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