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2 East Ohio Street

2 East Ohio Street, Martinsville, IL 62442
Property in Martinsville
Sold Jul 25, 2016
$48,000
$43,200 by Casey State Bank
Mortgage Due Aug 01, 2031
2 East Ohio Street has been categorized by the local assessors in Martinsville, IL as a residential type of property. The building on the property was first built in 1950 and is 74 years old. Residents will have access to one full bathroom. 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, 2 East Ohio Street has 1,284 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 1,500 ft. The area measurement of the land has been determined as 21,000 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. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 1,284 sqft. According to our sources, there are a total of 3 available parking spaces. 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. The property was last sold in Jul 19, 2016 for $48,000. That's $37.38 per sqft. 2 East Ohio Street was last assessed in 2022. The total value of the property was assessed at $17,125. Specifically, the land the property is located on was valued at $3,060. While improvements on the property were assessed at a total of $14,065. 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 $426. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1950
  • Effective Year Built: 1950
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,284
  • Garage Type: Detached
  • Garage Square Area: 1,284
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 21,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,284
  • Building Area: 1,284
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,284
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRUSTEES SUBDIVISION
  • Land Acres: 0.482
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 150X 140 OUT OF SW COR NE SEC 7 LOT 1 TRUSTEES SUB DIV SEC 7 (IN CORP). 1H,1G

Ownership

  • Current Owner : MURPHY JAMES R
  • Current Owner 2: MURPHY CAROLINE L
  • Previous Owner : WILHOIT RETHA I
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Martinsville Community Unit School District 3C
  • Census Tract: 060300

Geography

  • District: 9
  • Section: 7
  • Parcel: 09-12-07-08-202-020
  • Lot: 1
  • Municipality: MARTINSVILLE TWP
  • Latitude: 39.3374
  • Longitude: -87.8842

    Address

  • Full Address: 2 E Ohio St
  • Address - House Number: 2
  • Street Direction: E
  • Address - Street Name: Ohio
  • Address - Suffix Type: St
  • State: IL
  • City Name: Martinsville
  • Carrier Code: R003
  • 4-Digit Zip Code: 1166
  • Zip Code: 62442

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $426
  • Tax Rate Code Area: 09003

    Appraisal Valuation

  • Standard Deviation: 0.1087
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 78
  • Final Value: 56,667
  • High Value: 62,828
  • Low Value: 50,505

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $43,200
  • First Open Lien Mortgage Lender: CASEY STATE BANK
  • First Open Lien Mortgage Recording Date: Jul 25, 2016
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $43,200
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2031

    Market Valuation

  • Market Total Value: $51,375
  • Market Land Value: $9,180
  • Market Improvement Value: $42,195

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,125
  • Assessed Land Value: $3,060
  • Assessed Improvements Value: $14,065

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 19, 2016
  • Current Sale Recording Date: Jul 25, 2016
  • Current Sale Transaction ID: 1785101876
  • Current Sale Price: $48,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-00001569

    Last Sale Mortgage

  • First Mortgage Lender: CASEY STATE BANK
  • First Mortgage Transaction Date: Jul 25, 2016
  • First Mortgage Loan Amount: $43,200
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Aug 01, 2031

    Financing

  • First Mortgage Financing Type: Variable

About Martinsville



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Frequently Asked Questions

What neighborhood is 2 East Ohio Street located in?
The 2 East Ohio Street is a located in the neighborhood of Martinsville in Martinsville, Martinsville.
What is the average sales price for listings in 2 East Ohio Street?
The average sales price for units in 2 East Ohio Street is $0 currently.

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