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308 West Wood Street

308 West Wood Street, Bloomington, IL 61701
Property in South Hill
Sold Nov 22, 2022
$76,500
$61,200 by First State Bank Of Lynnville
Mortgage Due Dec 01, 2052
Sold Jan 07, 2016
$36,000
$34,200 by Marine Bank Springfield
Mortgage Due Jan 01, 2046
308 West Wood Street in Bloomington, IL was first built in 1925 and is 99 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 308 West Wood Street has 1,434 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 599 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 350 ft and the linear feet between the front and back of the lot is 1,160. In total, the area measurement of the land is 3,941 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of asphalt. For those who need parking, there is a detached garage. The garage is 280 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of wood siding. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 308 West Wood Street was last sold in Nov 7, 2022 for $76,500. According to our calculations, that's $53.35 per sqft. Prior to that sales transaction, the property was sold for $36,000 in Dec 31, 2015. Current property owners are expected to pay $2,111 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2022. The property on 308 West Wood Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $24,843. To break that down further, the land itself was valued at $5,489. While improvements to the property were assessed at a total of $19,354. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1925
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Wood siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Full basement
  • Basement Area: 599
  • Garage Type: Detached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,941
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 350
  • Total Building Area: 1,434
  • Gross Building Area: 1,492
  • Building Area: 1,434
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,434
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VAN SCHOICK & GRAYS SUB
  • Land Acres: 0.091
  • Standard Land Use Code: Single family residential
  • Legal Description 1: VAN SCHOICK & GRAYS SUBN W34.5 LOT 3

Ownership

  • Current Owner : SILVERMAN MATTHEW DAVID
  • Current Owner 2: SILVERMAN SARAH ELIZA
  • Previous Owner : LEATHERS MELINDA S
  • Owner Before Previous Owner: SIEG BRYCE L
  • Owner Before Previous Owner 2: SIEG MEGAN N
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 005900

Zoning

  • Zoning: R2

Geography

  • District: 40
  • Parcel: 21-09-141-007
  • Lot: 3
  • Meridian: SEC 09 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4711
  • Longitude: -88.9959

    Address

  • Full Address: 308 W Wood St
  • Address - House Number: 308
  • Street Direction: W
  • Address - Street Name: Wood
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C026
  • 4-Digit Zip Code: 6471
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,111
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2237
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 69
  • Final Value: 105,147
  • High Value: 128,673
  • Low Value: 81,622

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $61,200
  • First Open Lien Mortgage Lender: FIRST STATE BANK OF LYNNVILLE
  • First Open Lien Mortgage Recording Date: Nov 22, 2022
  • First Open Lien Mortgage Loan Amount: $61,200
  • 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: Dec 01, 2052

    Market Valuation

  • Market Total Value: $74,529
  • Market Land Value: $16,467
  • Market Improvement Value: $58,062

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,843
  • Assessed Land Value: $5,489
  • Assessed Improvements Value: $19,354

    Sales

  • Current Sale Contract Date: Nov 07, 2022
  • Current Sale Recording Date: Nov 22, 2022
  • Current Sale Transaction ID: 11899068530
  • Current Sale Price: $76,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20448
  • Previous Sale Recording Date: Jan 07, 2016
  • Previous Sale Contract Date: Dec 31, 2015
  • Previous Sale Amount: $36,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK OF LYNNVILLE
  • First Mortgage Transaction Date: Nov 22, 2022
  • First Mortgage Loan Amount: $61,200
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MARINE BANK SPRINGFIELD
  • Previous Mortgage Transaction Date: Jan 07, 2016
  • Previous Mortgage Loan Amount: $34,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2046

About South Hill



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Frequently Asked Questions

What neighborhood is 308 West Wood Street located in?
The 308 West Wood Street is a located in the neighborhood of South Hill in South Hill, Bloomington.
What is the average sales price for listings in 308 West Wood Street?
The average sales price for units in 308 West Wood Street is $0 currently.

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