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308 Elm Street

308 Elm Street, Loami, IL 62661
House in Loami
Sold Aug 09, 2021
$131,500
$132,828 by First State Mortgage Services
Mortgage Due Sep 01, 2051
Sold Jan 25, 2021
$124,900
$122,637 by Diamond Residential Mortgage C
Mortgage Due Feb 01, 2051
Local assessors in Loami, IL have categorized 308 Elm Street as a residential type of property. The property's lot size has been calculated to be 21,780 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. The property was last sold in Aug 2, 2021 for $131,500. Prior to that sales transaction, the property was also sold in Jan 22, 2021 for $124,900. 308 Elm Street was last assessed in 2022. The total value of the property was assessed at $36,157. Specifically, the land the property is located on was valued at $3,666. While improvements on the property were assessed at a total of $32,491. 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 $2,298. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • 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: PLAT OF LOAMI VILLAGE
  • Land Acres: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NW COR L 2 PT W 1/2 1/2A SE 11-14-7

Ownership

  • Current Owner : CLARK MEGAN
  • Previous Owner : LEWIS STACIE C
  • Owner Before Previous Owner: BLACK KARA B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community Unit School District 16
  • Census Tract: 003500

Geography

  • Account Number: 27110400003 (CHECK DIGIT = 0)
  • District: 19
  • Parcel: 27-11.0-400-003
  • Meridian: SEC 11 TWN 14 RNG 07
  • Municipality: LOAMI
  • Latitude: 39.6754
  • Longitude: -89.8414

    Address

  • Full Address: 308 E Center St
  • Address - House Number: 308
  • Street Direction: E
  • Address - Street Name: Center
  • Address - Suffix Type: St
  • State: IL
  • City Name: Loami
  • Carrier Code: R061
  • 4-Digit Zip Code: 3298
  • Zip Code: 62661

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,298
  • Tax Rate Code Area: R02

    Appraisal Valuation

  • Standard Deviation: 0.1797
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 76
  • Final Value: 139,904
  • High Value: 165,049
  • Low Value: 114,759

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $132,828
  • First Open Lien Mortgage Lender: FIRST STATE MORTGAGE SERVICES
  • First Open Lien Mortgage Recording Date: Aug 09, 2021
  • First Open Lien Mortgage Loan Amount: $132,828
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $108,471
  • Market Land Value: $10,998
  • Market Improvement Value: $97,473

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,157
  • Assessed Land Value: $3,666
  • Assessed Improvements Value: $32,491

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 02, 2021
  • Current Sale Recording Date: Aug 09, 2021
  • Current Sale Transaction ID: 11849498733
  • Current Sale Price: $131,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21683
  • Previous Sale Recording Date: Jan 25, 2021
  • Previous Sale Contract Date: Jan 22, 2021
  • Previous Sale Amount: $124,900
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE MORTGAGE SERVICES
  • First Mortgage Transaction Date: Aug 09, 2021
  • First Mortgage Loan Amount: $132,828
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • Previous Mortgage Transaction Date: Jan 25, 2021
  • Previous Mortgage Loan Amount: $122,637
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2051

About Loami



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Frequently Asked Questions

What neighborhood is 308 Elm Street located in?
The 308 Elm Street is a house located in the neighborhood of Loami in Loami, Loami.
What is the average sales price for listings in 308 Elm Street?
The average sales price for units in 308 Elm Street is $0 currently.

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