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320 8th Street East

320 8th Street East, Milan, IL 61264
Property in Blackhawk
Sold Jul 27, 2021
$110,000
Sold Nov 01, 1981
$42,000
Local assessors in Milan, IL have categorized 320 8th Street East as a residential type of property. The home was built in 1968 and is 56 years old. The property's lot size has been calculated to be 6,970 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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. The property was last sold in Mar 3, 2021 for $110,000. That's $73.33 per sqft. Prior to that sales transaction, the property was also sold in Nov 1, 1981 for $42,000. 320 8th Street East was last assessed in 2021. The total value of the property was assessed at $31,771. Specifically, the land the property is located on was valued at $4,858. While improvements on the property were assessed at a total of $26,913. 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 $3,227. 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. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Construction Type: Frame
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,500
  • Gross Building Area: 1,500
  • Building Area: 1,500
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCOTTSWOOD ADD
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 57 SCOTTSWOOD ADD

Ownership

  • Current Owner : TRUONG TODD
  • Previous Owner : ARSENAL PROPERTIES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Rock Island School District 41
  • Census Tract: 024300

Zoning

  • Zoning: MIL

Geography

  • District: 11
  • Section: 24
  • Parcel: 16-24-204-008
  • Block: 204
  • Lot: 57
  • Municipality: BLACKHAWK
  • Latitude: 41.4501
  • Longitude: -90.5566

    Address

  • Full Address: 320 8th St E
  • Address - House Number: 320
  • Street Segment Direction: E
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Milan
  • Carrier Code: R202
  • 4-Digit Zip Code: 2641
  • Zip Code: 61264

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,227
  • Tax Rate Code Area: 11006

    Appraisal Valuation

  • Standard Deviation: 0.2868
  • Valuation Date: May 17, 2023
  • Confidence Score: 42
  • Final Value: 193,162
  • High Value: 248,565
  • Low Value: 137,758

    Market Valuation

  • Market Total Value: $95,313
  • Market Land Value: $14,574
  • Market Improvement Value: $80,739

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $31,771
  • Assessed Land Value: $4,858
  • Assessed Improvements Value: $26,913

    Sales

  • Current Sale Contract Date: Mar 03, 2021
  • Current Sale Recording Date: Jul 27, 2021
  • Current Sale Transaction ID: 11845572894
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 13696
  • Previous Sale Recording Date: Nov 01, 1981
  • Previous Sale Contract Date: Nov 01, 1981
  • Previous Sale Amount: $42,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: HIGHLANDS RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Jul 27, 2021
  • First Mortgage Loan Amount: $82,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

About Milan



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Frequently Asked Questions

What neighborhood is 320 8th Street East located in?
The 320 8th Street East is a located in the neighborhood of Blackhawk in Milan, Milan.
What is the average sales price for listings in 320 8th Street East?
The average sales price for units in 320 8th Street East is $0 currently.

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