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301 West Water Street

301 West Water Street, Farmer City, IL 61842
Multifamily in Santa Anna
301 West Water Street in Farmer City, IL was first built in 1903 and is 121 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 301 West Water Street has 1,506 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. In total, the area measurement of the land is 5,865 square feet.

Learn more about the property and building on this page. There is a porch. 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 exterior walls of the home are made of unknown. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $1,339 in taxes each year. 301 West Water Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $13,849. If we break it down further, the land itself was valued at $2,349. Improvements to the property, however, were assessed at a total of $11,500. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20191105
11/05/2019
5 Bed
-
-
$42,500
bedrooms
5 Bed
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1903
  • Effective Year Built: 1903
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 1,004
  • Parking Space Count: 0
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,865
  • Total Building Area: 1,506
  • Building Area: 1,506
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,506
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MCKINLEY ADDITION
  • Land Acres: 0.134
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: S28 T21 R5, MCKINLEY ADDITION, N 1/2 N175 LOT 17 AS MEAS ALG W LN & E20.34 LOT 20 AS MEAS ALG N LN LYG W & ADJ

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Blue Ridge Community Unit School District 18
  • Census Tract: 971400

Geography

  • District: 05
  • Parcel: 05-28-376-004
  • Lot: 17-20
  • Meridian: SEC 28 TWN 21 RNG 05
  • Municipality: SANTA-ANNA
  • Latitude: 40.2424
  • Longitude: -88.6451

    Address

  • Full Address: 301 W Water St
  • Address - House Number: 301
  • Street Direction: W
  • Address - Street Name: Water
  • Address - Suffix Type: St
  • State: IL
  • City Name: Farmer City
  • Carrier Code: C001
  • 4-Digit Zip Code: 1445
  • Zip Code: 61842

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,339

    Appraisal Valuation

  • Standard Deviation: 0.1146
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 77
  • Final Value: 43,330
  • High Value: 48,297
  • Low Value: 38,362

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $710,000
  • First Open Lien Mortgage Lender: WALSH PROPERTY SERVICES LLC
  • First Open Lien Mortgage Recording Date: Oct 31, 2022
  • First Open Lien Mortgage Loan Amount: $60,000
  • First Open Lien Mortgage Term: 24
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 25, 2024
  • Second Open Lien Mortgage Lender: FIRST STATE BANK
  • Second Open Lien Mortgage Recording Date: Oct 31, 2022
  • Second Open Lien Mortgage Loan Amount: $650,000
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Nov 02, 2027

    Market Valuation

  • Market Total Value: $41,551
  • Market Land Value: $41,551

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,849
  • Assessed Land Value: $2,349
  • Assessed Improvements Value: $11,500

About Farmer City



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Frequently Asked Questions

What neighborhood is 301 West Water Street located in?
The 301 West Water Street is a multifamily located in the neighborhood of Santa Anna in Farmer City, Farmer City.
What is the average sales price for listings in 301 West Water Street?
The average sales price for units in 301 West Water Street is $0 currently.

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