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38655 North Main Street

38655 North Main Street, Wadsworth, IL 60083
Property in Newport
Sold Oct 01, 2021
$250,000
$236,250 by Wintrust Mortgage
Mortgage Due Sep 01, 2051
Sold Sep 19, 1995
Transfer
Local assessors in Wadsworth, IL have categorized 38655 North Main Street as a residential type of property. The home was built in 1974 and is 50 years old. The property's lot size has been calculated to be 31,363 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 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 are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 38655 North Main Street has a total of 1,762 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 776 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of composition shingle. Lots of wood siding were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Aug 27, 2021 for $250,000. That's $64.43 per sqft. 38655 North Main Street was last assessed in 2023. The total value of the property was assessed at $83,352. Specifically, the land the property is located on was valued at $18,613. While improvements on the property were assessed at a total of $64,739. 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 $8,380. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

Building Features

Exterior

Aluminum Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1974
  • Effective Year Built: 1974
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Conventional
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,342
  • Garage Type: Attached
  • Garage Square Area: 776
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 31,363
  • Total Building Area: 3,880
  • Gross Building Area: 3,880
  • Building Area: 1,762
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,762
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PT N1/2
  • Land Acres: 0.72
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT N1/2 S1/2 NW BEG 96.5N OF SW COR, E // TO S LN 9RDS, N12 RDS 13, WLY 9RDS TO W LN,S12RDS 14 TO POB SECTION 31 TOWNS HIP 46 RANGE 11

Ownership

  • Current Owner : PRESBERG KATHLEEN L
  • Current Owner 2: PRESBERG RICHARD
  • Previous Owner : BROOKS JILL S
  • Previous Owner 2: BROOKS LIVING TRUST
  • Owner Before Previous Owner: ATTERBERY MARIAN B
  • Owner Before Previous Owner 2: LOSSMAN MARIAN B
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Millburn Community Consolidated School District 24
  • Census Tract: 866000

Geography

  • Assessors Map Reference: 2418-D7
  • District: NEWPORT
  • Parcel: 03-31-100-018
  • Meridian: SEC 31 TWN 46 RNG 11
  • Municipality: TWP OF NEWPORT
  • Latitude: 42.4248
  • Longitude: -88.0034

    Address

  • Full Address: 38655 N Main St
  • Address - House Number: 38655
  • Street Direction: N
  • Address - Street Name: Main
  • Address - Suffix Type: St
  • State: IL
  • City Name: Old Mill Creek
  • Carrier Code: R001
  • 4-Digit Zip Code: 9449
  • Zip Code: 60083

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,380
  • Tax Rate Code Area: 3009

    Appraisal Valuation

  • Standard Deviation: 0.17
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 300,959
  • High Value: 352,142
  • Low Value: 249,777

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $248,750
  • First Open Lien Mortgage Lender: WINTRUST MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 01, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $236,250
  • 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: Sep 01, 2051
  • Second Open Lien Mortgage Lender: COUNTY OF LAKE
  • Second Open Lien Mortgage Recording Date: Dec 22, 2021
  • Second Open Lien Mortgage Loan Amount: $12,500
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $250,081
  • Market Land Value: $55,845
  • Market Improvement Value: $194,236

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $83,352
  • Assessed Land Value: $18,613
  • Assessed Improvements Value: $64,739

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Oct 01, 2021
  • Current Sale Transaction ID: 11861827426
  • Current Sale Price: $250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 7831083
  • Previous Sale Recording Date: Sep 19, 1995
  • Previous Sale Contract Date: Sep 15, 1995
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WINTRUST MORTGAGE
  • First Mortgage Transaction Date: Oct 01, 2021
  • First Mortgage Loan Amount: $236,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051
  • Second Mortgage Lender: COUNTY OF LAKE
  • Second Mortgage Transaction Date: Oct 01, 2021
  • Second Mortgage Loan Amount: $12,500

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Old Mill Creek



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Frequently Asked Questions

What neighborhood is 38655 North Main Street located in?
The 38655 North Main Street is a located in the neighborhood of Newport in Old Mill Creek, Wadsworth.
What is the average sales price for listings in 38655 North Main Street?
The average sales price for units in 38655 North Main Street is $0 currently.

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