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216 South Grove Street

216 South Grove Street, Normal, IL 61761
House in Normal
Sold Jun 06, 2018
$126,000
$122,303 by Mortgage Services Iii Llc
Mortgage Due Jul 01, 2048
Sold Jul 18, 2012
$57,000
$45,600 by Citizens Equity Fcu
Mortgage
Local assessors in Normal, IL have categorized 216 South Grove Street as a residential type of property. The home was built in 1938 and is 86 years old. The property's lot size has been calculated to be 5,452 square feet. The linear feet between the front and back of the lot was measured at 1,090 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 216 South Grove Street has a total of 1,267 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 garage for those who need a place to park their vehicle. The garage on the property is 433 sqft. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 asphalt. The home's a forced air unit is the primary heating source and it is being fueled with gas. The property was last sold in May 24, 2018 for $126,000. That's $70.79 per sqft. Prior to that sales transaction, the property was also sold in Jun 25, 2012 for $57,000. 216 South Grove Street was last assessed in 2022. The total value of the property was assessed at $46,453. Specifically, the land the property is located on was valued at $7,418. While improvements on the property were assessed at a total of $39,035. 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 $3,634. 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. 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: 1938
  • Effective Year Built: 1938
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 513
  • Garage Type: Garage
  • Garage Square Area: 433
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,452
  • Lot Size Depth Feet: 1,090
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,780
  • Building Area: 1,267
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,267
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KEISER HEIGHTS
  • Land Acres: 0.125
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: KEISER HEIGHTS ADD LOT 45 & 48 BLK 3

Ownership

  • Current Owner : CLAYTON JASON RAE
  • Previous Owner : NEARGADERN NICK
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000301

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-29-426-012
  • Block: 3
  • Lot: 45,48
  • Meridian: SEC 29 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5081
  • Longitude: -89.0061

    Address

  • Full Address: 216 S Grove St
  • Address - House Number: 216
  • Street Direction: S
  • Address - Street Name: Grove
  • Address - Suffix Type: St
  • State: IL
  • City Name: Normal
  • Carrier Code: C049
  • 4-Digit Zip Code: 2835
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,634
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1874
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 188,524
  • High Value: 223,870
  • Low Value: 153,177

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $127,343
  • First Open Lien Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Open Lien Mortgage Recording Date: Jun 06, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $122,303
  • 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: Jul 01, 2048
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEVELOPMENT A
  • Second Open Lien Mortgage Recording Date: Jun 06, 2018
  • Second Open Lien Mortgage Loan Amount: $5,040
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second

    Market Valuation

  • Market Total Value: $139,359
  • Market Land Value: $22,254
  • Market Improvement Value: $117,105

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,453
  • Assessed Land Value: $7,418
  • Assessed Improvements Value: $39,035

    Sales

  • Current Sale Contract Date: May 24, 2018
  • Current Sale Recording Date: Jun 06, 2018
  • Current Sale Transaction ID: 11472850494
  • Current Sale Price: $126,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-00008718
  • Previous Sale Recording Date: Jul 18, 2012
  • Previous Sale Contract Date: Jun 25, 2012
  • Previous Sale Amount: $57,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Mortgage Transaction Date: Jun 06, 2018
  • First Mortgage Loan Amount: $122,303
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CITIZENS EQUITY FCU
  • Previous Mortgage Transaction Date: Jul 18, 2012
  • Previous Mortgage Loan Amount: $45,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Normal



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Frequently Asked Questions

What neighborhood is 216 South Grove Street located in?
The 216 South Grove Street is a house located in the neighborhood of Normal in Normal, Normal.
What is the average sales price for listings in 216 South Grove Street?
The average sales price for units in 216 South Grove Street is $0 currently.

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