Sold Apr 12, 2023
$5,000
Seller
Sold Jul 28, 2016
$115,000
Seller
$109,250
by Community National Bank In Mon
Mortgage Due Aug 01, 2046
220 South 3rd Street has been categorized by the local assessors in Monmouth, IL as a residential type of property.
The linear feet between the front and back of the lot is 1,155 ft and across the front of the lot is 1,040 ft.
The area measurement of the land has been determined as 12,012 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. 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, 220 South 3rd Street sold most recently in Apr 3, 2023 for a total of $5,000. Before that, the property was also sold for $115,000 in Jul 14, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,584 in taxes each year. 220 South 3rd Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $40,950. If we break it down further, the land itself was valued at $880. Improvements to the property, however, were assessed at a total of $40,070. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.
Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. 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, 220 South 3rd Street sold most recently in Apr 3, 2023 for a total of $5,000. Before that, the property was also sold for $115,000 in Jul 14, 2016. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,584 in taxes each year. 220 South 3rd Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $40,950. If we break it down further, the land itself was valued at $880. Improvements to the property, however, were assessed at a total of $40,070. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.
220 South 3rd Street, Monmouth, IL 61462
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