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306 East Park Street

306 East Park Street, Danvers, IL 61732
House in Danvers
Sold Apr 06, 2020
$140,000
$126,961 by Freedom Mortgage Corp
Mortgage Due Apr 01, 2051
Sold Jan 03, 2011
$144,000
$136,000 by Residential Mortgage Services
Mortgage Due Jan 01, 2041
306 East Park Street has been categorized by the local assessors in Danvers, IL as a residential type of property. The building on the property was first built in 1978 and is 46 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 306 East Park Street has 1,380 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 finished improved basement that is 1,380 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 11,761 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 720 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 asphalt. The exterior walls of the building are made of wood siding. 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. 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, 306 East Park Street was last sold in Apr 3, 2020 for $140,000. According to our calculations, that's $101.45 per sqft. Prior to that sales transaction, the property was sold for $144,000 in Dec 16, 2010. Current property owners are expected to pay $4,940 in taxes per year. The property on 306 East Park Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $57,703. To break that down further, the land itself was valued at $5,369. While improvements to the property were assessed at a total of $52,334. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

Building Features

Exterior

Wood Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Finished improved basement
  • Basement Area: 1,380
  • Garage Type: Attached
  • Garage Square Area: 720
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,380
  • Gross Building Area: 1,380
  • Building Area: 1,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,380
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KRAUS 4TH ADD
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KRAUS 4TH ADD LOT 1

Ownership

  • Current Owner : LAY LOGAN
  • Current Owner 2: SISCOE BRIANNA
  • Previous Owner : MOCHEL NICOLE
  • Previous Owner 2: MOCHEL CHRISTOPHER
  • Owner Before Previous Owner: WEAVER CALVIN M
  • Owner Before Previous Owner 2: WEAVER JENNIFER M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 005202

Geography

  • District: 11
  • Parcel: 12-14-481-004
  • Lot: 1
  • Meridian: SEC 14 TWN 24N RNG 01W
  • Municipality: DANVERS
  • Latitude: 40.5314
  • Longitude: -89.1741

    Address

  • Full Address: 306 E Park St
  • Address - House Number: 306
  • Street Direction: E
  • Address - Street Name: Park
  • Address - Suffix Type: St
  • State: IL
  • City Name: Danvers
  • Carrier Code: R777
  • 4-Digit Zip Code: 9330
  • Zip Code: 61732

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,940
  • Tax Rate Code Area: 1101

    Appraisal Valuation

  • Standard Deviation: 0.22
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 69
  • Final Value: 196,983
  • High Value: 240,330
  • Low Value: 153,636

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,961
  • First Open Lien Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 12, 2021
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $126,961
  • 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: Apr 01, 2051

    Market Valuation

  • Market Total Value: $173,109
  • Market Land Value: $16,107
  • Market Improvement Value: $157,002

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,703
  • Assessed Land Value: $5,369
  • Assessed Improvements Value: $52,334

    Sales

  • Current Sale Contract Date: Apr 03, 2020
  • Current Sale Recording Date: Apr 06, 2020
  • Current Sale Transaction ID: 11754755074
  • Current Sale Price: $140,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020-00005849
  • Previous Sale Recording Date: Jan 03, 2011
  • Previous Sale Contract Date: Dec 16, 2010
  • Previous Sale Amount: $144,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INB NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Apr 06, 2020
  • First Mortgage Loan Amount: $128,113
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: RESIDENTIAL MORTGAGE SERVICES
  • Previous Mortgage Transaction Date: Jan 03, 2011
  • Previous Mortgage Loan Amount: $136,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2041

About Danvers



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Frequently Asked Questions

What neighborhood is 306 East Park Street located in?
The 306 East Park Street is a house located in the neighborhood of Danvers in Danvers, Danvers.
What is the average sales price for listings in 306 East Park Street?
The average sales price for units in 306 East Park Street is $0 currently.

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