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305 16th Street

305 16th Street, Mendota, IL 61342
Property in Mendota
Sold Aug 07, 2018
$60,000
$62,400 by Financial Plus Cu
Mortgage Due Apr 01, 2052
Local assessors in Mendota, IL have categorized 305 16th Street as a residential type of property. The home was built in 1951 and is 73 years old. The property's lot size has been calculated to be 5,663 square feet.

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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 305 16th Street was last sold in Dec 23, 2015 for $60,000. According to our calculations, that's $49.55 per sqft. Current property owners are expected to pay $1,651 in taxes per year. The property on 305 16th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $24,261. To break that down further, the land itself was valued at $3,458. While improvements to the property were assessed at a total of $20,803. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 1,211
  • Gross Building Area: 1,211
  • Building Area: 1,211
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RUSTS ADD
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: RUSTS ADD TO MENDOTA, E61' LTS 2 & 3 BLK 1 SEC 28-36-1

Ownership

  • Current Owner : STALLINGS MARC
  • Previous Owner : STALLINGS BERTHA
  • Previous Owner 2: STALLINGS STEVEN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mendota Township High School District 280
  • Census Tract: 961900

Geography

  • District: MD
  • Parcel: 01-28-424-002
  • Block: 1
  • Lot: 2-3
  • Meridian: SEC 28 TWN 36 RNG 01
  • Municipality: MENDOTA TOWNSHIP
  • Latitude: 41.5585
  • Longitude: -89.1141

    Address

  • Full Address: 305 16th St
  • Address - House Number: 305
  • Address - Street Name: 16th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mendota
  • Carrier Code: C005
  • 4-Digit Zip Code: 1319
  • Zip Code: 61342

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,651
  • Tax Rate Code Area: MD002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 80,580
  • High Value: 91,550
  • Low Value: 69,609

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $62,400
  • First Open Lien Mortgage Lender: FINANCIAL PLUS CU
  • First Open Lien Mortgage Recording Date: Apr 11, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $62,400
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $72,783
  • Market Land Value: $10,374
  • Market Improvement Value: $62,409

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,261
  • Assessed Land Value: $3,458
  • Assessed Improvements Value: $20,803

    Sales

  • Current Sale Contract Date: Dec 23, 2015
  • Current Sale Recording Date: Aug 07, 2018
  • Current Sale Transaction ID: 11492398359
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201810713

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL PLUS CU
  • First Mortgage Transaction Date: Aug 07, 2018
  • First Mortgage Loan Amount: $45,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Mendota



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Frequently Asked Questions

What neighborhood is 305 16th Street located in?
The 305 16th Street is a located in the neighborhood of Mendota in Mendota, Mendota.
What is the average sales price for listings in 305 16th Street?
The average sales price for units in 305 16th Street is $0 currently.

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