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215 West Oak Street

215 West Oak Street, Kewanee, IL 61443
Property in Kewanee
Sold Aug 02, 2018
$43,000
$37,500 by Community State Bank
Mortgage Due Jul 01, 2031
215 West Oak Street in Kewanee, IL was first built in 1940 and is 84 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 8 rooms in the home, of which, 3 are bedrooms. There is a 1 partial bathroom. 215 West Oak Street has 892 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 892 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 7,841 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as average. As for heating, the home is utilizing a gas heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Aug 1, 2018 for $43,000. That's $48.21 per sqft. 215 West Oak Street was last assessed in 2022. The total value of the property was assessed at $18,517. Specifically, the land the property is located on was valued at $1,048. While improvements on the property were assessed at a total of $17,469. 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 $1,410. 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. 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: 1940
  • Effective Year Built: 1940
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 892
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,841
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 600
  • Total Building Area: 892
  • Gross Building Area: 1,348
  • Building Area: 892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELLIOTTS ADD
  • Land Acres: 0.18
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1 COMMISSIONERS SUB OF MORSES SUB OF ELLIOTTS ADD CITY OF KEWANEE

Ownership

  • Current Owner : REYES J MERCED
  • Previous Owner : WALLACE MARY LU
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Kewanee Community Unit School District 229
  • Census Tract: 030900

Geography

  • District: 20
  • Parcel: 20-33-331-003
  • Block: 331
  • Lot: 1
  • Municipality: KEWANEE
  • Latitude: 41.2398
  • Longitude: -89.9273

    Address

  • Full Address: 215 W Oak St
  • Address - House Number: 215
  • Street Direction: W
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: IL
  • City Name: Kewanee
  • Carrier Code: C006
  • 4-Digit Zip Code: 2811
  • Zip Code: 61443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,410
  • Tax Rate Code Area: 200004

    Appraisal Valuation

  • Standard Deviation: 0.1192
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 63,316
  • High Value: 70,867
  • Low Value: 55,764

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $37,500
  • First Open Lien Mortgage Lender: COMMUNITY STATE BANK
  • First Open Lien Mortgage Recording Date: Jun 29, 2021
  • First Open Lien Mortgage Loan Amount: $37,500
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2031

    Market Valuation

  • Market Total Value: $55,551
  • Market Land Value: $3,144
  • Market Improvement Value: $52,407

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,517
  • Assessed Land Value: $1,048
  • Assessed Improvements Value: $17,469

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 01, 2018
  • Current Sale Recording Date: Aug 02, 2018
  • Current Sale Transaction ID: 11507889111
  • Current Sale Price: $43,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20-1804281

    Last Sale Mortgage

  • First Mortgage Lender: THE FARMERS AND MERCHANTS BANK
  • First Mortgage Transaction Date: Aug 02, 2018
  • First Mortgage Loan Amount: $38,383
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2048

    Financing

  • First Mortgage Financing Type: Unknown

About Kewanee



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Frequently Asked Questions

What neighborhood is 215 West Oak Street located in?
The 215 West Oak Street is a located in the neighborhood of Kewanee in Kewanee, Kewanee.
What is the average sales price for listings in 215 West Oak Street?
The average sales price for units in 215 West Oak Street is $0 currently.

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