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3904 East 550th Road

3904 East 550th Road, Mendota, IL 61342
Property in Troy Grove
Sold Jul 02, 2021
$240,500
$194,400 by First State Bank
Mortgage
3904 East 550th Road in Mendota, IL was first built in 1973 and is 51 years old. This has been categorized as a residential property type. 3904 East 550th Road has 1,964 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. In total, the area measurement of the land is 129,809 square feet.

Learn more about the property and building on this page. 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, 3904 East 550th Road was last sold in Jun 29, 2021 for $240,500. According to our calculations, that's $122.45 per sqft. Current property owners are expected to pay $3,936 in taxes per year. The property on 3904 East 550th Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $63,253. To break that down further, the land itself was valued at $17,088. While improvements to the property were assessed at a total of $46,165. 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. 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.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

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 129,809
  • Total Building Area: 1,964
  • Gross Building Area: 1,964
  • Building Area: 1,964
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,964
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: YOUNGS ESTATES
  • Land Acres: 2.98
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: YOUNG ESTATES, LT 2 SEC 13-35-1

Ownership

  • Current Owner : SCHUHLER NOLAN
  • Previous Owner : HALL WILLIAM J
  • Previous Owner 2: HALL SHARON M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mendota Township High School District 280
  • Census Tract: 962100

Geography

  • District: TG
  • Parcel: 06-13-415-002
  • Lot: 2
  • Meridian: SEC 13 TWN 35 RNG 01
  • Municipality: TROY GROVE TOWNSHIP
  • Latitude: 41.4993
  • Longitude: -89.0587

    Address

  • Full Address: 3904 E 550th Rd
  • Address - House Number: 3904
  • Street Direction: E
  • Address - Street Name: 550th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Mendota
  • Carrier Code: R003
  • 4-Digit Zip Code: 9312
  • Zip Code: 61342

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,936
  • Tax Rate Code Area: TG001

    Appraisal Valuation

  • Standard Deviation: 0.1982
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 73
  • Final Value: 264,534
  • High Value: 316,983
  • Low Value: 212,085

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $194,400
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: Jul 02, 2021
  • First Open Lien Mortgage Loan Amount: $194,400
  • 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: $189,759
  • Market Land Value: $51,264
  • Market Improvement Value: $138,495

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,253
  • Assessed Land Value: $17,088
  • Assessed Improvements Value: $46,165

    Sales

  • Current Sale Contract Date: Jun 29, 2021
  • Current Sale Recording Date: Jul 02, 2021
  • Current Sale Transaction ID: 11843463167
  • Current Sale Price: $240,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021-10315

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK
  • First Mortgage Transaction Date: Jul 02, 2021
  • First Mortgage Loan Amount: $194,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About LaSalle



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Frequently Asked Questions

What neighborhood is 3904 East 550th Road located in?
The 3904 East 550th Road is a located in the neighborhood of Troy Grove in LaSalle, Mendota.
What is the average sales price for listings in 3904 East 550th Road?
The average sales price for units in 3904 East 550th Road is $0 currently.

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