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306 North Main Street

306 North Main Street, Freeburg, IL 62243
House in Freeburg
Sold Mar 05, 2024
$185,000
$188,977 by Fairway Independent Mtg Corp
Mortgage Due Mar 05, 2054
Sold Nov 15, 2021
$145,000
$137,750 by Delmar Financial Co
Mortgage Due Dec 01, 2051
Local assessors in Freeburg, IL have categorized 306 North Main Street as a residential type of property. The home was built in 1902 and is 122 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 15,246 square feet. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 306 North Main Street has a total of 780 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 780 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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-. Residents rely on central air conditioning for their cooling 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 North Main Street was last sold in Mar 1, 2024 for $185,000. According to our calculations, that's $237.18 per sqft. Prior to that sales transaction, the property was sold for $145,000 in Nov 10, 2021. Current property owners are expected to pay $3,114 in taxes per year. The property on 306 North Main Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $41,931. To break that down further, the land itself was valued at $8,876. While improvements to the property were assessed at a total of $33,055. 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. 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.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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1902
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Quality: C-
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 780
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 780
  • Building Area: 780
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 780
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KOESTERERS, JACOB, ADD
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KOESTERERS, JACOB, ADD LOT/SEC-3 ALL LT 2 & 3 & N 1/2 LT 4 DOC A02725832

Ownership

  • Current Owner : NIKIRK WILLIAM
  • Previous Owner : REICHERT SCOTT KEITH
  • Previous Owner 2: REICHERT AUDRA ANN
  • Owner Before Previous Owner: CORCORAN MARGARET
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Freeburg Community High School District 77
  • Census Tract: 503905

Geography

  • District: 17
  • Parcel: 14-19-0-411-014
  • Block: 411
  • Lot: 2-4
  • Municipality: FREEBURG
  • Latitude: 38.43
  • Longitude: -89.9135

    Address

  • Full Address: 306 N Main St
  • Address - House Number: 306
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Freeburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 1016
  • Zip Code: 62243

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,114
  • Tax Rate Code Area: 17016

    Appraisal Valuation

  • Standard Deviation: 0.1156
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 87
  • Final Value: 190,822
  • High Value: 212,893
  • Low Value: 168,750

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $188,977
  • First Open Lien Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Open Lien Mortgage Recording Date: Mar 05, 2024
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $188,977
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Mar 05, 2054

    Market Valuation

  • Market Total Value: $125,793
  • Market Land Value: $26,628
  • Market Improvement Value: $99,165

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,931
  • Assessed Land Value: $8,876
  • Assessed Improvements Value: $33,055

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2024
  • Current Sale Recording Date: Mar 05, 2024
  • Current Sale Transaction ID: 11922467429
  • Current Sale Price: $185,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A02806907
  • Previous Sale Recording Date: Nov 15, 2021
  • Previous Sale Contract Date: Nov 10, 2021
  • Previous Sale Amount: $145,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FAIRWAY INDEPENDENT MTG CORP
  • First Mortgage Transaction Date: Mar 05, 2024
  • First Mortgage Loan Amount: $188,977
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: DELMAR FINANCIAL CO
  • Previous Mortgage Transaction Date: Nov 15, 2021
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $137,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2051

About Freeburg



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Frequently Asked Questions

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

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