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313 South Chestnut Street

313 South Chestnut Street, Oconee, IL 62553
Property in Oconee
Sold Jun 21, 2018
$32,000
$31,420 by Gershman Mtg
Mortgage Due Jul 01, 2048
313 South Chestnut Street has been categorized by the local assessors in Oconee, IL as a residential type of property. The building on the property was first built in 1910 and is 114 years old. The home has a total of 3 bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. In addition, 313 South Chestnut Street has 1,176 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,600 ft and across the front of the lot is 1,200 ft. The area measurement of the land has been determined as 19,200 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 garage for those who require parking. The garage measured 864 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying a porch. 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. 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, 313 South Chestnut Street was last sold in Jun 20, 2018 for $32,000. According to our calculations, that's $27.21 per sqft. Current property owners are expected to pay $967 in taxes per year. The property on 313 South Chestnut Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $17,974. To break that down further, the land itself was valued at $1,899. While improvements to the property were assessed at a total of $16,075. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1910
  • Effective Year Built: 1910
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 864
  • Parking Space Count: 3
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 19,200
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,176
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL TOWN OF OCONEE
  • Land Acres: 0.441
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: S29 T10N R1E, LOTS 6-7-8 BLK 22 , ORIGINAL TOWN , 120' X 160'

Ownership

  • Current Owner : LAW NICHOLAS
  • Current Owner 2: LAW MEGAN
  • Previous Owner : LARRY MOORE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Pana Community Unit School District 8
  • Census Tract: 959600

Geography

  • Parcel: 1116-29-14-302-006
  • Block: 22
  • Lot: 6-8
  • Meridian: SEC 29 TWN 10N RNG 01E
  • Municipality: OCONEE
  • Latitude: 39.2824
  • Longitude: -89.1105

    Address

  • Full Address: 313 S Chestnut St
  • Address - House Number: 313
  • Street Direction: S
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Oconee
  • Carrier Code: R001
  • 4-Digit Zip Code: 4153
  • Zip Code: 62553

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $967

    Appraisal Valuation

  • Standard Deviation: 0.4721
  • Valuation Date: May 31, 2023
  • Confidence Score: 5
  • Final Value: 45,050
  • High Value: 66,318
  • Low Value: 23,781

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $31,420
  • First Open Lien Mortgage Lender: GERSHMAN MTG
  • First Open Lien Mortgage Recording Date: Jun 21, 2018
  • First Open Lien Mortgage Loan Amount: $31,420
  • 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: Jul 01, 2048

    Market Valuation

  • Market Total Value: $53,922
  • Market Land Value: $5,697
  • Market Improvement Value: $48,225

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,974
  • Assessed Land Value: $1,899
  • Assessed Improvements Value: $16,075

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 20, 2018
  • Current Sale Recording Date: Jun 21, 2018
  • Current Sale Transaction ID: 11707918277
  • Current Sale Price: $32,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GERSHMAN MTG
  • First Mortgage Transaction Date: Jun 21, 2018
  • First Mortgage Loan Amount: $31,420
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jul 01, 2048

About Oconee



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Frequently Asked Questions

What neighborhood is 313 South Chestnut Street located in?
The 313 South Chestnut Street is a located in the neighborhood of Oconee in Oconee, Oconee.
What is the average sales price for listings in 313 South Chestnut Street?
The average sales price for units in 313 South Chestnut Street is $0 currently.

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