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2266 East 1500 North Road

2266 East 1500 North Road, Watseka, IL 60970
House in Belmont
Sold Jul 01, 2019
$411,182
$400,000 by Iroquois Farmers State Bank
Mortgage
Sold Nov 30, 2018
$327,500
$250,000 by Iroquois Farmers State Bank
Mortgage
Local assessors in Watseka, IL have categorized 2266 East 1500 North Road as a residential type of property. The property's lot size has been calculated to be 249,163 square feet.

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. The property was last sold in Jul 1, 2019 for $411,182. Prior to that sales transaction, the property was also sold in Nov 26, 2018 for $327,500. 2266 East 1500 North Road was last assessed in 2022. The total value of the property was assessed at $77,330. Specifically, the land the property is located on was valued at $7,550. While improvements on the property were assessed at a total of $69,780. 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 $4,998. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 249,163
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 5.72
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: PT W2 SE 5.72@

Ownership

  • Current Owner : MCTAGGART COREY J
  • Current Owner 2: MCTAGGART ELIZABETH A
  • Previous Owner : BUCK ROBERT
  • Previous Owner 2: MINARD RHODA M
  • Owner Before Previous Owner: SIMUTIS FRANK J
  • Owner Before Previous Owner 2: SIMUTIS JOYCE A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Iroquois County Community Unit School District 9
  • Census Tract: 950500

Geography

  • District: 6
  • Parcel: 26 15 400 011
  • Municipality: BELMONT TOWNSHIP
  • Latitude: 40.7306
  • Longitude: -87.6961

    Address

  • Full Address: 2266 E 1500 North Rd
  • Address - House Number: 2266
  • Street Direction: E
  • Address - Street Name: 1500 North
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Watseka
  • Carrier Code: R003
  • 4-Digit Zip Code: 7537
  • Zip Code: 60970

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,998
  • Tax Rate Code Area: 06001

    Appraisal Valuation

  • Standard Deviation: 0.2054
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 72
  • Final Value: 411,075
  • High Value: 495,526
  • Low Value: 326,624

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: IROQUOIS FARMERS STATE BANK
  • First Open Lien Mortgage Recording Date: Jul 01, 2019
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $400,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $231,990
  • Market Land Value: $22,650
  • Market Improvement Value: $209,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,330
  • Assessed Land Value: $7,550
  • Assessed Improvements Value: $69,780

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 01, 2019
  • Current Sale Recording Date: Jul 01, 2019
  • Current Sale Transaction ID: 11632011439
  • Current Sale Price: $411,182
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19R1890
  • Previous Sale Recording Date: Nov 30, 2018
  • Previous Sale Contract Date: Nov 26, 2018
  • Previous Sale Amount: $327,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IROQUOIS FARMERS STATE BANK
  • First Mortgage Transaction Date: Jul 01, 2019
  • First Mortgage Loan Amount: $400,000

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: IROQUOIS FARMERS STATE BANK
  • Previous Mortgage Transaction Date: Nov 30, 2018
  • Previous Mortgage Financing Type: Other
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Iroquois



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Frequently Asked Questions

What neighborhood is 2266 East 1500 North Road located in?
The 2266 East 1500 North Road is a house located in the neighborhood of Belmont in Iroquois, Watseka.
What is the average sales price for listings in 2266 East 1500 North Road?
The average sales price for units in 2266 East 1500 North Road is $0 currently.

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