304 South Elm Street

304 South Elm Street has been categorized by the local assessors in Franklin Grove, IL as a residential type of property. The building on the property was first built in 1897 and is 127 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 304 South Elm Street has 1,950 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,560 ft and across the front of the lot is 1,320 ft. The area measurement of the land has been determined as 20,592 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The exterior walls of the building are made of wood. The property was last sold in Dec 5, 2018 for $80,000. That's $41.03 per sqft. 304 South Elm Street was last assessed in 2022. The total value of the property was assessed at $28,069. Specifically, the land the property is located on was valued at $5,337. While improvements on the property were assessed at a total of $22,732. 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 $1,898. 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. 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.