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305 Hamilton Road

305 Hamilton Road, Pekin, IL 61554
Property in Groveland
Sold Dec 13, 2022
$100,000
Buyer
Seller
$80,000 by Fortress Bank
Mortgage Due Jan 01, 2053
Sold May 12, 2017
$81,000
$79,532 by Associated Bank
Mortgage
Local assessors in Pekin, IL have categorized 305 Hamilton Road as a residential type of property. The home was built in 1999 and is 25 years old. The property's lot size has been calculated to be 8,601 square feet. The linear feet between the front and back of the lot was measured at 1,210 ft and the front of the lot was measured at 710 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 305 Hamilton Road has a total of 975 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 attached garage for those who need a place to park their vehicle. The garage on the property is 600 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Dec 9, 2022 for $100,000. That's $31.01 per sqft. Prior to that sales transaction, the property was also sold in May 8, 2017 for $81,000. 305 Hamilton Road was last assessed in 2023. The total value of the property was assessed at $33,700. Specifically, the land the property is located on was valued at $6,400. While improvements on the property were assessed at a total of $27,300. 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 $2,209. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 1999
  • Effective Year Built: 1999
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 975
  • Garage Type: Attached
  • Garage Square Area: 600
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,601
  • Lot Size Depth Feet: 1,210
  • Lot Size Frontage Feet: 710
  • Total Building Area: 3,225
  • Gross Building Area: 3,225
  • Building Area: 975
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 975
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARQUETTE HGTS
  • Land Acres: 0.197
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 18 T25N R4W MARQUETTE HGTS NE1/4 LOT 22 BLOCK 38 SE 1/4

Ownership

  • Current Owner : HARDIN COLE
  • Previous Owner : WARD MARY H
  • Owner Before Previous Owner: ELMS AVIS C
  • Owner Before Previous Owner 2: ELMS THOMAS M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: North Pekin-Marquette Heights School District 102
  • Census Tract: 020500

Geography

  • District: 050
  • Section: 18
  • Parcel: 05-05-18-401-015
  • Block: 38
  • Lot: 22
  • Meridian: SEC 18 TWN 25N RNG 04W
  • Municipality: GROVELAND
  • Latitude: 40.6177
  • Longitude: -89.5968

    Address

  • Full Address: 305 Hamilton Rd
  • Address - House Number: 305
  • Address - Street Name: Hamilton
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Marquette Heights
  • Carrier Code: C023
  • 4-Digit Zip Code: 1423
  • Zip Code: 61554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,209
  • Tax Rate Code Area: 05018

    Appraisal Valuation

  • Standard Deviation: 0.4591
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 8
  • Final Value: 83,211
  • High Value: 121,416
  • Low Value: 45,005

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: FORTRESS BANK
  • First Open Lien Mortgage Recording Date: Dec 13, 2022
  • First Open Lien Mortgage Loan Amount: $80,000
  • 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: Jan 01, 2053

    Market Valuation

  • Market Total Value: $101,100
  • Market Land Value: $19,200
  • Market Improvement Value: $81,900

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $33,700
  • Assessed Land Value: $6,400
  • Assessed Improvements Value: $27,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 13, 2022
  • Current Sale Transaction ID: 11899770804
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18090
  • Previous Sale Recording Date: May 12, 2017
  • Previous Sale Contract Date: May 08, 2017
  • Previous Sale Amount: $81,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FORTRESS BANK
  • First Mortgage Transaction Date: Dec 13, 2022
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: ASSOCIATED BANK
  • Previous Mortgage Transaction Date: May 12, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $79,532
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Marquette Heights



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Frequently Asked Questions

What neighborhood is 305 Hamilton Road located in?
The 305 Hamilton Road is a located in the neighborhood of Groveland in Marquette Heights, Pekin.
What is the average sales price for listings in 305 Hamilton Road?
The average sales price for units in 305 Hamilton Road is $0 currently.

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