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216 East College Street

216 East College Street, Kewanee, IL 61443
Property in Wethersfield
Sold Oct 09, 2020
$55,000
$53,350 by Morton Community Bank
Mortgage Due Nov 01, 2050
Sold Jul 07, 2017
$48,500
$40,000 by Union Fsla
Mortgage Due Jul 01, 2047
216 East College Street has been categorized by the local assessors in Kewanee, IL as a residential type of property. The building on the property was first built in 1948 and is 76 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. 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, 216 East College Street has 1,136 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 1,450 ft and across the front of the lot is 570 ft. The area measurement of the land has been determined as 8,276 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 garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as good. 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. In terms of heating, it is utilizing a gas heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 216 East College Street was last sold in Oct 1, 2020 for $55,000. According to our calculations, that's $48.42 per sqft. Prior to that sales transaction, the property was sold for $48,500 in Jun 23, 2017. Current property owners are expected to pay $1,713 in taxes per year. The property on 216 East College Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $21,074. To break that down further, the land itself was valued at $1,466. While improvements to the property were assessed at a total of $19,608. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1948
  • Effective Year Built: 1948
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 8,276
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,136
  • Building Area: 1,136
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 1,136
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST LAWN SUB DIV
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LT 18 WEST LAWN SUB DIV OF LTS 131 & 132 OF ORIG TOWN OF WETHERSFIELD CITY OF KEWANEE

Ownership

  • Current Owner : BROWN DONALD W
  • Previous Owner : BURKS MARILYN J
  • Owner Before Previous Owner: GRABBE PENNEY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wethersfield Community Unit School District 230
  • Census Tract: 031000

Geography

  • District: 25
  • Parcel: 25-03-353-016
  • Block: 353
  • Lot: 18,132
  • Municipality: WETHERSFIELD
  • Latitude: 41.2245
  • Longitude: -89.9232

    Address

  • Full Address: 216 E College St
  • Address - House Number: 216
  • Street Direction: E
  • Address - Street Name: College
  • Address - Suffix Type: St
  • State: IL
  • City Name: Kewanee
  • Carrier Code: C004
  • 4-Digit Zip Code: 3706
  • Zip Code: 61443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,713
  • Tax Rate Code Area: 250006

    Appraisal Valuation

  • Standard Deviation: 0.1192
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 74,608
  • High Value: 83,506
  • Low Value: 65,709

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $53,350
  • First Open Lien Mortgage Lender: MORTON COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Oct 09, 2020
  • First Open Lien Mortgage Loan Amount: $53,350
  • 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: Nov 01, 2050

    Market Valuation

  • Market Total Value: $63,222
  • Market Land Value: $4,398
  • Market Improvement Value: $58,824

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $21,074
  • Assessed Land Value: $1,466
  • Assessed Improvements Value: $19,608

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 01, 2020
  • Current Sale Recording Date: Oct 09, 2020
  • Current Sale Transaction ID: 11797026354
  • Current Sale Price: $55,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20-2006705
  • Previous Sale Recording Date: Jul 07, 2017
  • Previous Sale Contract Date: Jun 23, 2017
  • Previous Sale Amount: $48,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTON COMMUNITY BANK
  • First Mortgage Transaction Date: Oct 09, 2020
  • First Mortgage Loan Amount: $53,350
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: UNION FSLA
  • Previous Mortgage Transaction Date: Jul 07, 2017
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $40,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2047

About Kewanee



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Frequently Asked Questions

What neighborhood is 216 East College Street located in?
The 216 East College Street is a located in the neighborhood of Wethersfield in Kewanee, Kewanee.
What is the average sales price for listings in 216 East College Street?
The average sales price for units in 216 East College Street is $0 currently.

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