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322 East Farmer Street

322 East Farmer Street, Little York, IL 61453
Property in Sumner
Sold Nov 24, 2020
$60,500
$50,800 by Midwest Bank
Mortgage
322 East Farmer Street has been categorized by the local assessors in Little York, IL as a residential type of property. The linear feet between the front and back of the lot is 1,260 ft and across the front of the lot is 660 ft. The area measurement of the land has been determined as 8,316 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 322 East Farmer Street sold most recently in Nov 24, 2020 for a total of $60,500. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,664 in taxes each year. 322 East Farmer Street was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $19,360. If we break it down further, the land itself was valued at $1,230. Improvements to the property, however, were assessed at a total of $18,130. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,316
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 660
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARTINS ADDN
  • Land Acres: 0.191
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 6 BLOCK 4 MARTINS ADDN VILLAGE OF LITTLE YORK LOT SIZE: 66' X 126'

Ownership

  • Current Owner : CHANDLER JUSTIN M
  • Current Owner 2: CHANDLER TAMRA L
  • Previous Owner : MILLER ERIC R
  • Previous Owner 2: MILLER ANN M
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: United Community School District 304
  • Census Tract: 870100

Geography

  • Parcel: 15-404-006-00
  • Block: 4
  • Lot: 6
  • Municipality: SUMNER TWP
  • Latitude: 41.0103
  • Longitude: -90.7434

    Address

  • Full Address: 322 E Farmer St
  • Address - House Number: 322
  • Street Direction: E
  • Address - Street Name: Farmer
  • Address - Suffix Type: St
  • State: IL
  • City Name: Little York
  • Carrier Code: R001
  • 4-Digit Zip Code: 9623
  • Zip Code: 61453

Valuation

    Tax

  • Tax Year: 2021
  • Tax Amount: $1,664
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.1037
  • Valuation Date: Oct 26, 2022
  • Confidence Score: 79
  • Final Value: 78,277
  • High Value: 86,401
  • Low Value: 70,152

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $50,800
  • First Open Lien Mortgage Lender: MIDWEST BANK
  • First Open Lien Mortgage Recording Date: Nov 24, 2020
  • First Open Lien Mortgage Loan Amount: $50,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $58,080
  • Market Land Value: $3,690
  • Market Improvement Value: $54,390

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $19,360
  • Assessed Land Value: $1,230
  • Assessed Improvements Value: $18,130

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 24, 2020
  • Current Sale Transaction ID: 11804740526
  • Current Sale Price: $60,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R-2573

    Last Sale Mortgage

  • First Mortgage Lender: MIDWEST BANK
  • First Mortgage Transaction Date: Nov 24, 2020
  • First Mortgage Loan Amount: $50,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Little York



Similar Buildings

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Frequently Asked Questions

What neighborhood is 322 East Farmer Street located in?
The 322 East Farmer Street is a located in the neighborhood of Sumner in Little York, Little York.
What is the average sales price for listings in 322 East Farmer Street?
The average sales price for units in 322 East Farmer Street is $0 currently.

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