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303 North Main Street

303 North Main Street, Homer, IL 61849
House in South Homer
Sold Jul 17, 2020
$46,000
$44,620 by Flat Branch Home Loans Inc
Mortgage Due Aug 01, 2050
Sold Mar 24, 2020
Transfer
303 North Main Street has been categorized by the local assessors in Homer, IL as a residential type of property. The building on the property was first built in 1916 and is 108 years old. However, we must point out that the home was most recently renovated and altered in 2007. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 303 North Main Street has 763 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a building with no basement that is 763 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 7,405 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a a-frame style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 285 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as excellent. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of wood. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central 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, 303 North Main Street sold most recently in Jun 11, 2020 for a total of $46,000. If you work out the math, that's approximately a cost of $17.87 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 $900 in taxes each year. 303 North Main Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $16,970. If we break it down further, the land itself was valued at $3,090. Improvements to the property, however, were assessed at a total of $13,880. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1916
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Excellent
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 763
  • Garage Type: Attached
  • Garage Square Area: 285
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,405
  • Total Building Area: 2,574
  • Gross Building Area: 2,682
  • Building Area: 763
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 763
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOMER - ORIGINAL TOWN
  • Land Acres: 0.17
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 BLOCK 2 HOMER - ORIGINAL TOWN

Ownership

  • Current Owner : SCOTT JEFFREY
  • Previous Owner : HOME POINT FINANCIAL CORPORATION
  • Owner Before Previous Owner: HARLIN CORDELL
  • Owner Before Previous Owner 2: HARLIN MARISSA R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Heritage Community Unit School District 8
  • School Tax School District: 101
  • Census Tract: 010800

Geography

  • District: 26
  • Parcel: 26-30-09-102-003
  • Block: 2
  • Lot: 7
  • Meridian: SEC 09 TWN 18N RNG 14W
  • Municipality: SOUTH HOMER
  • Latitude: 40.0384
  • Longitude: -87.9576

    Address

  • Full Address: 303 N Main St
  • Address - House Number: 303
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Homer
  • Carrier Code: C001
  • 4-Digit Zip Code: 1028
  • Zip Code: 61849

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $900
  • Tax Rate Code Area: 2650

    Appraisal Valuation

  • Standard Deviation: 0.2682
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 61
  • Final Value: 68,409
  • High Value: 86,762
  • Low Value: 50,057

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $44,620
  • First Open Lien Mortgage Lender: FLAT BRANCH HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jul 17, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $44,620
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $50,910
  • Market Land Value: $9,270
  • Market Improvement Value: $41,640

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,970
  • Assessed Land Value: $3,090
  • Assessed Improvements Value: $13,880

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 11, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Transaction ID: 11773550485
  • Current Sale Price: $46,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020R13639
  • Previous Sale Recording Date: Mar 24, 2020
  • Previous Sale Contract Date: Mar 10, 2020
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAT BRANCH HOME LOANS INC
  • First Mortgage Transaction Date: Jul 17, 2020
  • First Mortgage Loan Amount: $44,620
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Homer



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Frequently Asked Questions

What neighborhood is 303 North Main Street located in?
The 303 North Main Street is a house located in the neighborhood of South Homer in Homer, Homer.
What is the average sales price for listings in 303 North Main Street?
The average sales price for units in 303 North Main Street is $0 currently.

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