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1907 East 550th Avenue

1907 East 550th Avenue, Oblong, IL 62449
Property in Martin
Sold Feb 11, 2021
$140,000
$137,365 by Regions Mtg
Mortgage Due Mar 01, 2051
Sold Jun 03, 2008
$58,950
1907 East 550th Avenue has been categorized by the local assessors in Oblong, IL as a residential type of property. The building on the property was first built in 1996 and is 28 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. The linear feet between the front and back of the lot is 2,100 ft and across the front of the lot is 3,470 ft. The area measurement of the land has been determined as 73,181 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. The property was last sold in Feb 9, 2021 for $140,000. Prior to that sales transaction, the property was also sold in Jun 3, 2008 for $58,950. 1907 East 550th Avenue was last assessed in 2022. The total value of the property was assessed at $41,478. Specifically, the land the property is located on was valued at $4,575. While improvements on the property were assessed at a total of $36,903. 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 $2,468. 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. 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: 1996
  • Effective Year Built: 1996
  • Total Rooms: 8
  • Bedroom Count: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 73,181
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 3,470
  • 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: 1.68
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: BEG 323'2'' W OF NE COR NE SE (347'6'' E + W X 210'9'' N + S ) SEC 25-6-14

Ownership

  • Current Owner : ANGELA CARRIE D
  • Previous Owner : WILSON DEBORAH E
  • Previous Owner 2: WILSON RODNEY A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • Census Tract: 880600

Geography

  • District: 07
  • Parcel: 07-0-25-000-022-000
  • Municipality: MARTIN
  • Latitude: 38.9306
  • Longitude: -87.9096

    Address

  • Full Address: 1907 E 550th Ave
  • Address - House Number: 1907
  • Street Direction: E
  • Address - Street Name: 550th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Oblong
  • Carrier Code: R003
  • 4-Digit Zip Code: 3818
  • Zip Code: 62449

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,468
  • Tax Rate Code Area: 07012

    Appraisal Valuation

  • Standard Deviation: 0.4774
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 4
  • Final Value: 150,215
  • High Value: 221,940
  • Low Value: 78,489

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,365
  • First Open Lien Mortgage Lender: REGIONS MTG
  • First Open Lien Mortgage Recording Date: Feb 11, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $137,365
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Market Valuation

  • Market Total Value: $124,434
  • Market Land Value: $13,725
  • Market Improvement Value: $110,709

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,478
  • Assessed Land Value: $4,575
  • Assessed Improvements Value: $36,903

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 09, 2021
  • Current Sale Recording Date: Feb 11, 2021
  • Current Sale Transaction ID: 11859815437
  • Current Sale Price: $140,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Jun 03, 2008
  • Previous Sale Contract Date: Jun 03, 2008
  • Previous Sale Amount: $58,950
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS MTG
  • First Mortgage Transaction Date: Feb 11, 2021
  • First Mortgage Loan Amount: $137,365
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Crawford



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Frequently Asked Questions

What neighborhood is 1907 East 550th Avenue located in?
The 1907 East 550th Avenue is a located in the neighborhood of Martin in Crawford, Oblong.
What is the average sales price for listings in 1907 East 550th Avenue?
The average sales price for units in 1907 East 550th Avenue is $0 currently.

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