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222 East Main Street

222 East Main Street, Oakland, IL 61943
Property in East Oakland
Sold Apr 22, 2021
$78,000
$76,587 by Fairway Independent Mortgage C
Mortgage Due May 01, 2051
Sold Dec 04, 2009
$36,000
222 East Main Street has been categorized by the local assessors in Oakland, IL as a residential type of property. The building on the property was first built in 1887 and is 137 years old. The home has a total of 4 bedrooms. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 222 East Main Street has 1,900 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 2,100 ft and across the front of the lot is 1,200 ft. The area measurement of the land has been determined as 25,265 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 detached garage for those who require parking. The garage measured 448 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. The inside of the home is being cooled with central air conditioning at the moment. 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, 222 East Main Street sold most recently in Apr 21, 2021 for a total of $78,000. If you work out the math, that's approximately a cost of $31.20 per sqft. Before that, the property was also sold for $36,000 in Dec 1, 2009. 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 $1,709 in taxes each year. 222 East Main Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $18,451. If we break it down further, the land itself was valued at $4,647. Improvements to the property, however, were assessed at a total of $13,804. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1887
  • Effective Year Built: 1887
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Basement Type: Unspecified basement
  • Basement Area: 500
  • Garage Type: Detached
  • Garage Square Area: 448
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,265
  • Lot Size Depth Feet: 2,100
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 2,500
  • Building Area: 1,900
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,900
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALODIN'S ADDITION
  • Land Acres: 0.58
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: VALODIN'S ADDITION LOT 10 & 11 BLOCK 01

Ownership

  • Current Owner : WELLS ONIE
  • Previous Owner : CARRELL RONALD J
  • Previous Owner 2: CARRELL JEANNETTE
  • Owner Before Previous Owner: RYDER CHARLES KENT
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Oakland Community Unit School District 5
  • Census Tract: 000100

Geography

  • District: 03
  • Parcel: 03-0-03306-000
  • Block: 1
  • Lot: 10-11
  • Municipality: EAST OAKLAND
  • Latitude: 39.6548
  • Longitude: -88.0232

    Address

  • Full Address: 222 E Main St
  • Address - House Number: 222
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oakland
  • Carrier Code: R001
  • 4-Digit Zip Code: 7149
  • Zip Code: 61943

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,709
  • Tax Rate Code Area: 03003

    Appraisal Valuation

  • Standard Deviation: 0.2748
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 60
  • Final Value: 92,272
  • High Value: 117,634
  • Low Value: 66,910

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $76,587
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Open Lien Mortgage Recording Date: Apr 22, 2021
  • First Open Lien Mortgage Loan Amount: $76,587
  • 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: May 01, 2051

    Market Valuation

  • Market Total Value: $55,353
  • Market Land Value: $13,941
  • Market Improvement Value: $41,412

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,451
  • Assessed Land Value: $4,647
  • Assessed Improvements Value: $13,804

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: Apr 22, 2021
  • Current Sale Transaction ID: 11836950879
  • Current Sale Price: $78,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100794168
  • Previous Sale Recording Date: Dec 04, 2009
  • Previous Sale Contract Date: Dec 01, 2009
  • Previous Sale Amount: $36,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MORTGAGE C
  • First Mortgage Transaction Date: Apr 22, 2021
  • First Mortgage Loan Amount: $76,587
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

About Oakland



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Frequently Asked Questions

What neighborhood is 222 East Main Street located in?
The 222 East Main Street is a located in the neighborhood of East Oakland in Oakland, Oakland.
What is the average sales price for listings in 222 East Main Street?
The average sales price for units in 222 East Main Street is $0 currently.

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