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207 North Elm Street

207 North Elm Street, Pesotum, IL 61863
Property in Pesotum
Sold Aug 11, 2020
$166,000
$167,575 by Home Point Financial Corporati
Mortgage Due Sep 01, 2050
Sold Mar 17, 2010
$121,000
$123,318 by State Bank Of Paw Paw
Mortgage Due Apr 01, 2040
Local assessors in Pesotum, IL have categorized 207 North Elm Street as a residential type of property. The home was built in 1900 and is 124 years old. The property's lot size has been calculated to be 12,197 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a a-frame style. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 207 North Elm Street has a total of 1,884 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a building with no basement that is 1,884 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 384 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is poor. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of materials that we aren't sure of. Lots of wood were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 207 North Elm Street sold most recently in Jul 1, 2020 for a total of $166,000. If you work out the math, that's approximately a cost of $39.98 per sqft. Before that, the property was also sold for $121,000 in Mar 16, 2010. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $2,045 in taxes each year. 207 North Elm Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $40,120. If we break it down further, the land itself was valued at $6,330. Improvements to the property, however, were assessed at a total of $33,790. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Poor
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 1,884
  • Garage Type: Attached
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 12,197
  • Total Building Area: 4,152
  • Gross Building Area: 4,348
  • Building Area: 1,884
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,884
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STARKEYS ADD/VLG/PESOTUM
  • Land Acres: 0.28
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : LOFTSGAARD JOHN A
  • Current Owner 2: WOLTMAN JODY
  • Previous Owner : HEATH TODD D
  • Previous Owner 2: HEATH MEGAN L
  • Owner Before Previous Owner: CRAVEN JEANNE M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Tolono Community Unit School District 7
  • School Tax School District: 101
  • Census Tract: 010902

Geography

  • District: 18
  • Parcel: 18-32-22-277-007
  • Block: 3
  • Lot: 3
  • Meridian: SEC 22 TWN 17N RNG 08E
  • Municipality: PESOTUM
  • Latitude: 39.9179
  • Longitude: -88.2748

    Address

  • Full Address: 207 N Elm St
  • Address - House Number: 207
  • Street Direction: N
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IL
  • City Name: Pesotum
  • Carrier Code: R061
  • 4-Digit Zip Code: 9506
  • Zip Code: 61863

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,045
  • Tax Rate Code Area: 1802

    Appraisal Valuation

  • Standard Deviation: 0.2099
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 185,664
  • High Value: 224,639
  • Low Value: 146,689

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $167,575
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Aug 11, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $167,575
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $120,360
  • Market Land Value: $18,990
  • Market Improvement Value: $101,370

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,120
  • Assessed Land Value: $6,330
  • Assessed Improvements Value: $33,790

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 01, 2020
  • Current Sale Recording Date: Aug 11, 2020
  • Current Sale Transaction ID: 11779656176
  • Current Sale Price: $166,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R15690
  • Previous Sale Recording Date: Mar 17, 2010
  • Previous Sale Contract Date: Mar 16, 2010
  • Previous Sale Amount: $121,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Mortgage Transaction Date: Aug 11, 2020
  • First Mortgage Loan Amount: $167,575
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: STATE BANK OF PAW PAW
  • Previous Mortgage Transaction Date: Mar 17, 2010
  • Previous Mortgage Loan Amount: $123,318
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2040

About Pesotum



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Frequently Asked Questions

What neighborhood is 207 North Elm Street located in?
The 207 North Elm Street is a located in the neighborhood of Pesotum in Pesotum, Pesotum.
What is the average sales price for listings in 207 North Elm Street?
The average sales price for units in 207 North Elm Street is $0 currently.

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