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302 Elm Street

302 Elm Street, Loami, IL 62661
Property in Loami
Sold Jun 08, 2021
$142,000
$139,428 by Flat Branch Mortgage Inc
Mortgage Due Jul 01, 2051
Sold Jul 11, 2011
$72,000
This has been categorized as a residential property type. In total, the area measurement of the land is 16,596 square feet.

Learn more about the property and building on this page. The property was last sold in Jun 4, 2021 for $142,000. Prior to that sales transaction, the property was also sold in Jun 24, 2011 for $72,000. 302 Elm Street was last assessed in 2022. The total value of the property was assessed at $41,383. Specifically, the land the property is located on was valued at $3,395. While improvements on the property were assessed at a total of $37,988. 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 $3,153. 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! 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

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

    Dimensions

  • Lot Size Square Feet: 16,596
  • 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: GREENWOODS ADD
  • Land Acres: 0.381
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOTS 8 & 9 BLK 4 GREENWOOD'S ADDN

Ownership

  • Current Owner : ANDERSON CHRISTOPHER M
  • Current Owner 2: ANDERSON ISABELLA G
  • Previous Owner : GLEN SCHMIDELER MATTHEW
  • Previous Owner 2: GLEN COURTNEY N
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Community Unit School District 16
  • Census Tract: 003500

Geography

  • Account Number: 27110254023 (CHECK DIGIT = 2)
  • District: 19
  • Parcel: 27-11.0-254-023
  • Municipality: LOAMI
  • Latitude: 39.6763
  • Longitude: -89.8405

    Address

  • Full Address: 302 Elm St
  • Address - House Number: 302
  • Address - Street Name: Elm
  • Address - Suffix Type: St
  • State: IL
  • City Name: Loami
  • Carrier Code: R061
  • 4-Digit Zip Code: 3336
  • Zip Code: 62661

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,153
  • Tax Rate Code Area: R02

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 76
  • Final Value: 157,055
  • High Value: 185,283
  • Low Value: 128,827

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $139,428
  • First Open Lien Mortgage Lender: FLAT BRANCH MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 08, 2021
  • First Open Lien Mortgage Loan Amount: $139,428
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $124,149
  • Market Land Value: $10,185
  • Market Improvement Value: $113,964

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,383
  • Assessed Land Value: $3,395
  • Assessed Improvements Value: $37,988

    Sales

  • Current Sale Contract Date: Jun 04, 2021
  • Current Sale Recording Date: Jun 08, 2021
  • Current Sale Transaction ID: 11838241704
  • Current Sale Price: $142,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 15552
  • Previous Sale Recording Date: Jul 11, 2011
  • Previous Sale Contract Date: Jun 24, 2011
  • Previous Sale Amount: $72,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAT BRANCH MORTGAGE INC
  • First Mortgage Transaction Date: Jun 08, 2021
  • First Mortgage Loan Amount: $139,428
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2051

About Loami



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Frequently Asked Questions

What neighborhood is 302 Elm Street located in?
The 302 Elm Street is a located in the neighborhood of Loami in Loami, Loami.
What is the average sales price for listings in 302 Elm Street?
The average sales price for units in 302 Elm Street is $0 currently.

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