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201 East Main Street

201 East Main Street, Watson, IL 62473
Property in Watson
Sold Dec 03, 2018
$53,000
$73,260 by Pennymac Loan Services Llc
Mortgage Due Dec 01, 2052
Sold Jan 01, 2014
$200,000
$400,000 by Ronald Pagel
Mortgage Due Oct 01, 2023
201 East Main Street has been categorized by the local assessors in Watson, IL as a residential type of property. The building on the property was first built in 1902 and is 122 years old. The building has a total of 2 stories. In addition, 201 East Main Street has 2,636 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 building with no basement that is 2,636 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 area measurement of the land has been determined as 12,197 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. 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. 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, 201 East Main Street was last sold in Nov 30, 2018 for $53,000. According to our calculations, that's $36.60 per sqft. Prior to that sales transaction, the property was sold for $200,000 in Jan 1, 2014. Current property owners are expected to pay $1,928 in taxes per year. The property on 201 East Main Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $23,990. To break that down further, the land itself was valued at $2,890. While improvements to the property were assessed at a total of $21,100. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1902
  • Effective Year Built: 1902
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Building with no basement
  • Basement Area: 2,636
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 1,448
  • Building Area: 1,448
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,636
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VILLAGE WATSON
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOTS 75 & 76 BLK 9 WATSON 3432/163 3010/195 1612/285 764/1

Ownership

  • Current Owner : ASH CLINTON DAVID
  • Current Owner 2: COSTA LILLIAN RAE
  • Previous Owner : THE PAGEL LP
  • Owner Before Previous Owner: PAGEL LIMITED PARTNERSHIP
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Effingham Community Unit School District 40
  • Census Tract: 950400

Geography

  • District: 14
  • Parcel: 14-21-004-034
  • Block: 9
  • Lot: 75-76
  • Municipality: WATSON
  • Latitude: 39.025
  • Longitude: -88.57

    Address

  • Full Address: 201 E Main St
  • Address - House Number: 201
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Watson
  • Carrier Code: R022
  • 4-Digit Zip Code: 1122
  • Zip Code: 62473

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,928
  • Tax Rate Code Area: 14004

    Appraisal Valuation

  • Standard Deviation: 0.264
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 62
  • Final Value: 50,927
  • High Value: 64,376
  • Low Value: 37,479

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $73,260
  • First Open Lien Mortgage Lender: PENNYMAC LOAN SERVICES LLC
  • First Open Lien Mortgage Recording Date: Nov 15, 2022
  • First Open Lien Mortgage Loan Amount: $73,260
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2052

    Market Valuation

  • Market Total Value: $71,970
  • Market Land Value: $8,670
  • Market Improvement Value: $63,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,990
  • Assessed Land Value: $2,890
  • Assessed Improvements Value: $21,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 30, 2018
  • Current Sale Recording Date: Dec 03, 2018
  • Current Sale Transaction ID: 11566541578
  • Current Sale Price: $53,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201801804993
  • Previous Sale Recording Date: Jan 01, 2014
  • Previous Sale Contract Date: Jan 01, 2014
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDLAND STATES BANK
  • First Mortgage Transaction Date: Dec 03, 2018
  • First Mortgage Loan Amount: $53,535
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: RONALD PAGEL
  • Previous Mortgage Transaction Date: Jan 01, 2014
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 116
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 01, 2023

About Watson



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Frequently Asked Questions

What neighborhood is 201 East Main Street located in?
The 201 East Main Street is a located in the neighborhood of Watson in Watson, Watson.
What is the average sales price for listings in 201 East Main Street?
The average sales price for units in 201 East Main Street is $0 currently.

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