Check Availability

302 East Main Street

302 East Main Street, Shumway, IL 62461
Property in Banner
Sold Sep 29, 2022
$54,000
Sold Apr 08, 2013
$73,000
$74,489 by Washington Savings Bank
Mortgage Due May 01, 2043
Local assessors in Shumway, IL have categorized 302 East Main Street as a residential type of property. The home was built in 1978 and is 46 years old. The property's lot size has been calculated to be 57,064 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 302 East Main Street has a total of 1,424 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 750 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Sep 26, 2022 for $54,000. That's $41.60 per sqft. Prior to that sales transaction, the property was also sold in Apr 5, 2013 for $73,000. 302 East Main Street was last assessed in 2022. The total value of the property was assessed at $17,990. Specifically, the land the property is located on was valued at $4,570. While improvements on the property were assessed at a total of $13,420. 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 $1,519. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 1
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 750
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 57,064
  • Total Building Area: 1,298
  • Building Area: 1,298
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,424
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SURVEYOR'S SUBDIVISION
  • Land Acres: 1.31
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: W 360FT OF LOT 9 SURVEYOR'S SUB E 1/2 NW 3814/34 2938/133 2728/178 2680/282 2283/39 1637/99 1093/288

Ownership

  • Current Owner : SANDSCHAFER BRIAN J
  • Current Owner 2: SANDSCHAFER JAMIE L
  • Previous Owner : SCHMITZ BENJAMIN A
  • Owner Before Previous Owner: SCHULZ BRIAN A
  • Owner Before Previous Owner 2: SCHULZ JODY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Beecher City Community Unit School District 20
  • Census Tract: 950200

Geography

  • District: 1
  • Parcel: 01-24-006-016
  • Lot: 9
  • Municipality: BANNER
  • Latitude: 39.1845
  • Longitude: -88.6491

    Address

  • Full Address: 302 E Main St
  • Address - House Number: 302
  • Street Direction: E
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Shumway
  • Carrier Code: R777
  • 4-Digit Zip Code: 1013
  • Zip Code: 62461

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,519
  • Tax Rate Code Area: 01002

    Appraisal Valuation

  • Standard Deviation: 0.2653
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 62
  • Final Value: 73,039
  • High Value: 92,416
  • Low Value: 53,661

    Market Valuation

  • Market Total Value: $53,970
  • Market Land Value: $13,710
  • Market Improvement Value: $40,260

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,990
  • Assessed Land Value: $4,570
  • Assessed Improvements Value: $13,420

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 26, 2022
  • Current Sale Recording Date: Sep 29, 2022
  • Current Sale Transaction ID: 11897490322
  • Current Sale Price: $54,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3958
  • Previous Sale Recording Date: Apr 08, 2013
  • Previous Sale Contract Date: Apr 05, 2013
  • Previous Sale Amount: $73,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON SAVINGS BANK
  • Previous Mortgage Transaction Date: Apr 08, 2013
  • Previous Mortgage Loan Amount: $74,489
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2043

About Shumway



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 302 East Main Street located in?
The 302 East Main Street is a located in the neighborhood of Banner in Shumway, Shumway.
What is the average sales price for listings in 302 East Main Street?
The average sales price for units in 302 East Main Street is $0 currently.

Quantcast