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318 South Will Street

318 South Will Street, Plano, IL 60545
House in Little Rock
Sold Jun 01, 2020
$80,000
$64,000 by Compass Mortgage Inc
Mortgage Due Apr 01, 2050
Local assessors in Plano, IL have categorized 318 South Will Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 7,200 square feet. The linear feet between the front and back of the lot was measured at 600 ft and the front of the lot was measured at 1,200 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 4 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 318 South Will Street has a total of 13,968 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. The building has a roof that is made of composition shingle. Lots of concrete were used in the construction of the exterior walls of the home. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. 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, 318 South Will Street was last sold in Mar 19, 2020 for $80,000. According to our calculations, that's $5.38 per sqft. Current property owners are expected to pay $2,154 in taxes per year. The property on 318 South Will Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $28,990. To break that down further, the land itself was valued at $7,610. While improvements to the property were assessed at a total of $21,380. 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.

Building Features

Exterior

Aluminum Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Exterior Walls Type: Concrete
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 616
  • Garage Type: Attached
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 600
  • Lot Size Frontage Feet: 1,200
  • Total Building Area: 14,872
  • Gross Building Area: 14,872
  • Building Area: 13,968
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 13,968
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HENNINGS 2ND ADDN
  • Land Acres: 0.168
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LT 8 BLK 63 HENNINGS 2ND ADDN TO PLANO, CITY OF PLANO

Ownership

  • Current Owner : HASKO MARX ANDREA
  • Previous Owner : OLSON LILLIAN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Plano Community Unit School District 88
  • Census Tract: 890501

Geography

  • Assessors Map Reference: 3259-D6
  • Parcel: 01-27-205-005
  • Block: 63
  • Lot: 8
  • Municipality: LITTLE ROCK TOWNSHIP
  • Latitude: 41.6603
  • Longitude: -88.533

    Address

  • Full Address: 318 S Will St
  • Address - House Number: 318
  • Street Direction: S
  • Address - Street Name: Will
  • Address - Suffix Type: St
  • State: IL
  • City Name: Plano
  • Carrier Code: C003
  • 4-Digit Zip Code: 2057
  • Zip Code: 60545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,154
  • Tax Rate Code Area: LR003

    Appraisal Valuation

  • Standard Deviation: 0.1641
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 122,589
  • High Value: 142,716
  • Low Value: 102,463

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $64,000
  • First Open Lien Mortgage Lender: COMPASS MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 01, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $64,000
  • 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: Apr 01, 2050

    Market Valuation

  • Market Total Value: $86,970
  • Market Land Value: $22,830
  • Market Improvement Value: $64,140

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,990
  • Assessed Land Value: $7,610
  • Assessed Improvements Value: $21,380

    Sales

  • Current Sale Contract Date: Mar 19, 2020
  • Current Sale Recording Date: Jun 01, 2020
  • Current Sale Transaction ID: 11763394796
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000009159

    Last Sale Mortgage

  • First Mortgage Lender: COMPASS MORTGAGE INC
  • First Mortgage Transaction Date: Jun 01, 2020
  • First Mortgage Loan Amount: $64,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Plano



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Frequently Asked Questions

What neighborhood is 318 South Will Street located in?
The 318 South Will Street is a house located in the neighborhood of Little Rock in Plano, Plano.
What is the average sales price for listings in 318 South Will Street?
The average sales price for units in 318 South Will Street is $0 currently.

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