Check Availability

315 South Chicago Street

315 South Chicago Street, Litchfield, MI 49252
Property in Litchfield
Sold Nov 13, 2020
$89,900
$86,330 by County National Bank
Mortgage Due Dec 01, 2050
Sold Dec 05, 2019
$34,000
This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a ranch/rambler style. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 315 South Chicago Street has 835 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 linear feet across the front of the lot is 1,560 ft and the linear feet between the front and back of the lot is 2,770. In total, the area measurement of the land is 43,212 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 400 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a forced air unit. 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, 315 South Chicago Street was last sold in Nov 12, 2020 for $89,900. According to our calculations, that's $107.66 per sqft. Prior to that sales transaction, the property was sold for $34,000 in Nov 14, 2019. Current property owners are expected to pay $1,030 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 315 South Chicago Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $48,100. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Wood siding
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 43,212
  • Lot Size Depth Feet: 2,770
  • Lot Size Frontage Feet: 1,560
  • Total Building Area: 835
  • Gross Building Area: 1,224
  • Building Area: 835
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 835
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: ASSESSORS PLAT
  • Land Acres: 0.992
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S 156 FT OF LOT 367 WLY OF RR R/W ASSESSORS PLAT SEC 15 T5S R4W NE1/4 CITY OF LITCHFIELD

Ownership

  • Current Owner : BEARD WILLIAM DAVID
  • Current Owner 2: BEARD VERONICA LYNN
  • Previous Owner : CHURCH AMY
  • Previous Owner 2: CHURCH KEVIN
  • Owner Before Previous Owner: AMERIFIRST FINANCIAL CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Litchfield Community Schools
  • Census Tract: 050300

Geography

  • District: 19
  • Parcel: 19-040-001-418
  • Lot: 367
  • Meridian: SEC 15 TWN 05S RNG 04W
  • Municipality: CITY OF LITCHFIELD
  • Latitude: 42.0385
  • Longitude: -84.758

    Address

  • Full Address: 315 S Chicago St
  • Address - House Number: 315
  • Street Direction: S
  • Address - Street Name: Chicago
  • Address - Suffix Type: St
  • State: MI
  • City Name: Litchfield
  • Carrier Code: R052
  • 4-Digit Zip Code: 9755
  • Zip Code: 49252

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $1,030
  • Intital Tax Deliquent Year: 2020

    Appraisal Valuation

  • Standard Deviation: 0.3535
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 29
  • Final Value: 83,839
  • High Value: 113,482
  • Low Value: 54,195

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,330
  • First Open Lien Mortgage Lender: COUNTY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Nov 13, 2020
  • First Open Lien Mortgage Loan Amount: $86,330
  • 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, 2050

    Market Valuation

  • Market Total Value: $90,175
  • Market Land Value: $21,199
  • Market Improvement Value: $68,976

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $48,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 12, 2020
  • Current Sale Recording Date: Nov 13, 2020
  • Current Sale Transaction ID: 11802260644
  • Current Sale Price: $89,900
  • Current Sale Document Type: Warranty Deed
  • Previous Sale Recording Date: Dec 05, 2019
  • Previous Sale Contract Date: Nov 14, 2019
  • Previous Sale Amount: $34,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTY NATIONAL BANK
  • First Mortgage Transaction Date: Nov 13, 2020
  • First Mortgage Loan Amount: $86,330
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

About Litchfield



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 315 South Chicago Street located in?
The 315 South Chicago Street is a located in the neighborhood of Litchfield in Litchfield, Litchfield.
What is the average sales price for listings in 315 South Chicago Street?
The average sales price for units in 315 South Chicago Street is $0 currently.

Quantcast