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226 Circle Drive

226 Circle Drive, Galesburg, IL 61401
Property in Galesburg City
Sold May 19, 2022
$178,000
$169,100 by F&m Bk
Mortgage Due Jun 01, 2052
Sold Nov 15, 2012
$112,000
$100,800 by Wells Fargo Bk Na
Mortgage Due Dec 01, 2027
Local assessors in Galesburg, IL have categorized 226 Circle Drive as a residential type of property. The home was built in 1955 and is 69 years old. The property's lot size has been calculated to be 12,800 square feet. The linear feet between the front and back of the lot was measured at 1,600 ft and the front of the lot was measured at 800 ft. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 226 Circle Drive has a total of 792 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 528 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Residents rely on air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 226 Circle Drive sold most recently in May 18, 2022 for a total of $178,000. If you work out the math, that's approximately a cost of $224.75 per sqft. Before that, the property was also sold for $112,000 in Nov 13, 2012. 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 $3,431 in taxes each year. 226 Circle Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $42,200. If we break it down further, the land itself was valued at $4,920. Improvements to the property, however, were assessed at a total of $37,280. 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: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 792
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 12,800
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 800
  • Total Building Area: 792
  • Building Area: 792
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 792
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CIRCLE DRIVE ADDN
  • Land Acres: 0.294
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: CIRCLE DRIVE ADDN SD TRACTS A & B W 80 FT OF E 160 FT TRACT D

Ownership

  • Current Owner : LANDIS BRANDY M
  • Previous Owner : FOX SAMUEL D
  • Previous Owner 2: FOX KRISTEN M
  • Owner Before Previous Owner: PAHEL GERALDINE S H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Galesburg Community Unit School District 205
  • Census Tract: 000400

Geography

  • District: 99
  • Subdivision Tract Number: A
  • Parcel: 99-03-277-004
  • Municipality: CITY OF GALESBURG
  • Latitude: 40.9714
  • Longitude: -90.367

    Address

  • Full Address: 226 Circle Dr
  • Address - House Number: 226
  • Address - Street Name: Circle
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Galesburg
  • Carrier Code: C013
  • 4-Digit Zip Code: 1831
  • Zip Code: 61401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,431
  • Tax Rate Code Area: 36

    Appraisal Valuation

  • Standard Deviation: 0.1937
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 74
  • Final Value: 171,789
  • High Value: 205,078
  • Low Value: 138,500

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,100
  • First Open Lien Mortgage Lender: F&M BK
  • First Open Lien Mortgage Recording Date: May 19, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $169,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Market Valuation

  • Market Total Value: $126,600
  • Market Land Value: $14,760
  • Market Improvement Value: $111,840

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,200
  • Assessed Land Value: $4,920
  • Assessed Improvements Value: $37,280

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Transaction ID: 11897820328
  • Current Sale Price: $178,000
  • Current Sale Document Type: Transfer on Death Deed
  • Previous Sale Recording Date: Nov 15, 2012
  • Previous Sale Contract Date: Nov 13, 2012
  • Previous Sale Amount: $112,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: F&M BK
  • First Mortgage Transaction Date: May 19, 2022
  • First Mortgage Loan Amount: $169,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Jun 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BK NA
  • Previous Mortgage Transaction Date: Nov 15, 2012
  • Previous Mortgage Loan Amount: $100,800
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2027

About Galesburg



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Frequently Asked Questions

What neighborhood is 226 Circle Drive located in?
The 226 Circle Drive is a located in the neighborhood of Galesburg City in Galesburg, Galesburg.
What is the average sales price for listings in 226 Circle Drive?
The average sales price for units in 226 Circle Drive is $0 currently.

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