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2303 North State Rte 1

2303 North State Rte 1, Watseka, IL 60970
Property in Middleport
Sold May 24, 2018
$52,500
$53,030 by Top Flite Financial Inc
Mortgage Due Jun 01, 2048
Local assessors in Watseka, IL have categorized 2303 North State Rte 1 as a residential type of property. The property's lot size has been calculated to be 15,693 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. 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, 2303 North State Rte 1 sold most recently in May 23, 2018 for a total of $52,500. 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 $1,624 in taxes each year. 2303 North State Rte 1 was most recently assessed in 2019. During this assessment, the property's total value was estimated to be about $27,010. If we break it down further, the land itself was valued at $2,890. Improvements to the property, however, were assessed at a total of $24,120. 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

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

    Dimensions

  • Lot Size Square Feet: 15,693
  • 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
  • Subdivision: CRESTVIEW SD
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: CRESTVIEW SD LT 2

Ownership

  • Current Owner : WARREN MICHAEL A
  • Current Owner 2: WARREN BRANDI L
  • Previous Owner : BREELING TODD M
  • Previous Owner 2: CROWLEY PAMELA K
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety
  • Owner Generation Identifier: SR

Neighborhood

  • School District Name: Iroquois County Community Unit School District 9
  • Census Tract: 950100

Geography

  • District: 17
  • Parcel: 19 05 353 017
  • Lot: 2
  • Municipality: MIDDLEPORT TOWNSHIP
  • Latitude: 40.8458
  • Longitude: -87.7446

    Address

  • Full Address: 2303 N State Route 1
  • Address - House Number: 2303
  • Street Direction: N
  • Address - Street Name: State Route 1
  • State: IL
  • City Name: Watseka
  • Carrier Code: R004
  • 4-Digit Zip Code: 6004
  • Zip Code: 60970

Valuation

    Tax

  • Tax Year: 2019
  • Tax Amount: $1,624
  • Tax Rate Code Area: 17002

    Appraisal Valuation

  • Standard Deviation: 0.1151
  • Valuation Date: Aug 26, 2020
  • Confidence Score: 76
  • Final Value: 94,832
  • High Value: 105,750
  • Low Value: 83,913

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $53,030
  • First Open Lien Mortgage Lender: TOP FLITE FINANCIAL INC
  • First Open Lien Mortgage Recording Date: May 24, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $53,030
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2048

    Market Valuation

  • Market Total Value: $81,030
  • Market Land Value: $8,670
  • Market Improvement Value: $72,360

    Assessments Valuation

  • Assessed Year: 2019
  • Assessed Total Value: $27,010
  • Assessed Land Value: $2,890
  • Assessed Improvements Value: $24,120

    Sales

  • Current Sale Contract Date: May 23, 2018
  • Current Sale Recording Date: May 24, 2018
  • Current Sale Transaction ID: 11472469077
  • Current Sale Price: $52,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18R1535

    Last Sale Mortgage

  • First Mortgage Lender: TOP FLITE FINANCIAL INC
  • First Mortgage Transaction Date: May 24, 2018
  • First Mortgage Loan Amount: $53,030
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Iroquois



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Frequently Asked Questions

What neighborhood is 2303 North State Rte 1 located in?
The 2303 North State Rte 1 is a located in the neighborhood of Middleport in Iroquois, Watseka.
What is the average sales price for listings in 2303 North State Rte 1?
The average sales price for units in 2303 North State Rte 1 is $0 currently.

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