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232 Union Street

232 Union Street, Colona, IL 61241
Property in Colona
Sold Dec 18, 2017
$80,000
$76,000 by The Family Cu
Mortgage Due Jan 01, 2048
232 Union Street in Colona, IL was first built in 1911 and is 113 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. There is a 1 partial bathroom. 232 Union Street has 1,008 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,008 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 880 ft and the linear feet between the front and back of the lot is 1,030. In total, the area measurement of the land is 10,019 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. The garage is 560 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The condition of the building has been evaluated as good. As for heating, the home is utilizing a gas heating system. 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, 232 Union Street sold most recently in Dec 12, 2017 for a total of $80,000. If you work out the math, that's approximately a cost of $79.37 per sqft. 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 $1,725 in taxes each year. 232 Union Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $31,036. If we break it down further, the land itself was valued at $2,194. Improvements to the property, however, were assessed at a total of $28,842. 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: 1911
  • Effective Year Built: 1911
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 1,008
  • Garage Type: Detached
  • Garage Square Area: 560
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 880
  • Total Building Area: 1,008
  • Building Area: 1,008
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 1,008
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL TOWN VILLAGE OF GREEN RIVER
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LT 1 BLK 1 & PT SE SEC 12 N & ADJ ORIGINAL TOWN VILLAGE OF GREEN RIVER

Ownership

  • Current Owner : MILLARD ROBERT W
  • Previous Owner : OLOSON BRIAN JOSEPH
  • Previous Owner 2: OLOSON JODIE RANCE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Geneseo Community Unit School District 228
  • Census Tract: 030100

Geography

  • District: 06
  • Section: 12
  • Parcel: 06-12-426-001
  • Block: 1
  • Lot: 1
  • Municipality: COLONA
  • Latitude: 41.4764
  • Longitude: -90.3215

    Address

  • Full Address: 232 Union St
  • Address - House Number: 232
  • Address - Street Name: Union
  • Address - Suffix Type: St
  • State: IL
  • City Name: Colona
  • Carrier Code: R002
  • 4-Digit Zip Code: 8805
  • Zip Code: 61241

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,725
  • Tax Rate Code Area: 060005

    Appraisal Valuation

  • Standard Deviation: 0.1192
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 108,011
  • High Value: 120,893
  • Low Value: 95,128

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $76,000
  • First Open Lien Mortgage Lender: THE FAMILY CU
  • First Open Lien Mortgage Recording Date: Dec 18, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $76,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2048

    Market Valuation

  • Market Total Value: $93,108
  • Market Land Value: $6,582
  • Market Improvement Value: $86,526

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,036
  • Assessed Land Value: $2,194
  • Assessed Improvements Value: $28,842

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2017
  • Current Sale Recording Date: Dec 18, 2017
  • Current Sale Transaction ID: 11419246552
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20-1707283

    Last Sale Mortgage

  • First Mortgage Lender: THE FAMILY CU
  • First Mortgage Transaction Date: Dec 18, 2017
  • First Mortgage Loan Amount: $76,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Jan 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Colona



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Frequently Asked Questions

What neighborhood is 232 Union Street located in?
The 232 Union Street is a located in the neighborhood of Colona in Colona, Colona.
What is the average sales price for listings in 232 Union Street?
The average sales price for units in 232 Union Street is $0 currently.

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