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306 South Sycamore Street

306 South Sycamore Street, Genoa, IL 60135
Property in Genoa
Sold Aug 17, 2021
$225,000
$168,750 by Resource Bank
Mortgage Due Sep 01, 2036
306 South Sycamore Street has been categorized by the local assessors in Genoa, IL as a residential type of property. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 7,000 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 306 South Sycamore Street sold most recently in Aug 16, 2021 for a total of $225,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,542 in taxes each year. 306 South Sycamore Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $68,462. If we break it down further, the land itself was valued at $10,297. Improvements to the property, however, were assessed at a total of $58,165. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Building Count: 1
  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,000
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STILES ADDITION
  • Land Acres: 0.161
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 7 - BLK 3 - STILES ADDITION

Ownership

  • Current Owner : WOOD JASON R
  • Previous Owner : HAMMES RONALD R
  • Previous Owner 2: HAMMES LINDA L

Neighborhood

  • School District Name: Genoa-Kingston Community Unit School District 424
  • Census Tract: 000100

Geography

  • Account Number: 0330208002
  • District: GE
  • Parcel: 03-30-208-002
  • Block: 3
  • Lot: 7
  • Municipality: GENOA
  • Latitude: 42.0942
  • Longitude: -88.6922

    Address

  • Full Address: 306 S Sycamore St
  • Address - House Number: 306
  • Street Direction: S
  • Address - Street Name: Sycamore
  • Address - Suffix Type: St
  • State: IL
  • City Name: Genoa
  • Carrier Code: C003
  • 4-Digit Zip Code: 1419
  • Zip Code: 60135

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,542
  • Tax Rate Code Area: GE06

    Appraisal Valuation

  • Standard Deviation: 0.178
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 263,959
  • High Value: 310,947
  • Low Value: 216,971

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,750
  • First Open Lien Mortgage Lender: RESOURCE BANK
  • First Open Lien Mortgage Recording Date: Aug 17, 2021
  • First Open Lien Mortgage Loan Amount: $168,750
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2036

    Market Valuation

  • Market Total Value: $205,386
  • Market Land Value: $30,891
  • Market Improvement Value: $174,495

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $68,462
  • Assessed Land Value: $10,297
  • Assessed Improvements Value: $58,165

    Sales

  • Current Sale Contract Date: Aug 16, 2021
  • Current Sale Recording Date: Aug 17, 2021
  • Current Sale Transaction ID: 11850240190
  • Current Sale Price: $225,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021010778

    Last Sale Mortgage

  • First Mortgage Lender: RESOURCE BANK
  • First Mortgage Transaction Date: Aug 17, 2021
  • First Mortgage Loan Amount: $168,750
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2036

About Genoa



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Frequently Asked Questions

What neighborhood is 306 South Sycamore Street located in?
The 306 South Sycamore Street is a located in the neighborhood of Genoa in Genoa, Genoa.
What is the average sales price for listings in 306 South Sycamore Street?
The average sales price for units in 306 South Sycamore Street is $0 currently.

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