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24 South Mercer Street

24 South Mercer Street, Princeton, IL 61356
Property in Princeton
Sold Sep 20, 2016
$129,000
$103,200 by First State Bank Mendota
Mortgage Due Oct 01, 2046
Local assessors in Princeton, IL have categorized 24 South Mercer Street as a residential type of property. The property's lot size has been calculated to be 21,140 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 1,510 ft.

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, 24 South Mercer Street sold most recently in Sep 16, 2016 for a total of $129,000. 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 $3,476 in taxes each year. 24 South Mercer Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $41,252. If we break it down further, the land itself was valued at $10,047. Improvements to the property, however, were assessed at a total of $31,205. 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. 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!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: 21,140
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 1,510
  • 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: MERCERS
  • Land Acres: 0.485
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PRINCETON-J.D. MERCERS ADD. S PT N1/2 BLK 7 (151X140) D 16-3368

Ownership

  • Current Owner : TAYLOR SALLY A
  • Current Owner 2: TAYLOR DAVID R
  • Previous Owner : HENNEBERRY MICHAEL L
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Princeton High School District 500
  • Census Tract: 965300

Geography

  • Account Number: 1617278010
  • District: 16
  • Parcel: 16-17-278-010
  • Block: 7
  • Meridian: SEC 17 TWN 16 RNG 09
  • Municipality: PRINCETON
  • Latitude: 41.3746
  • Longitude: -89.4714

    Address

  • Full Address: 24 S Mercer St
  • Address - House Number: 24
  • Street Direction: S
  • Address - Street Name: Mercer
  • Address - Suffix Type: St
  • State: IL
  • City Name: Princeton
  • Carrier Code: C004
  • 4-Digit Zip Code: 1626
  • Zip Code: 61356

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,476
  • Tax Rate Code Area: 16001

    Appraisal Valuation

  • Standard Deviation: 0.2692
  • Valuation Date: May 31, 2023
  • Confidence Score: 61
  • Final Value: 167,483
  • High Value: 212,578
  • Low Value: 122,388

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $103,200
  • First Open Lien Mortgage Lender: FIRST STATE BANK MENDOTA
  • First Open Lien Mortgage Recording Date: Sep 20, 2016
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $103,200
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2046

    Market Valuation

  • Market Total Value: $123,756
  • Market Land Value: $30,141
  • Market Improvement Value: $93,615

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,252
  • Assessed Land Value: $10,047
  • Assessed Improvements Value: $31,205

    Sales

  • Current Sale Contract Date: Sep 16, 2016
  • Current Sale Recording Date: Sep 20, 2016
  • Current Sale Transaction ID: 1865964377
  • Current Sale Price: $129,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016R03368

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK MENDOTA
  • First Mortgage Transaction Date: Sep 20, 2016
  • First Mortgage Loan Amount: $103,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2046

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Princeton



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Frequently Asked Questions

What neighborhood is 24 South Mercer Street located in?
The 24 South Mercer Street is a located in the neighborhood of Princeton in Princeton, Princeton.
What is the average sales price for listings in 24 South Mercer Street?
The average sales price for units in 24 South Mercer Street is $0 currently.

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