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402 Centennial Avenue

402 Centennial Avenue, Normal, IL 61761
House in Normal
Sold Jun 13, 2018
$196,000
$200,214 by Busey Bank
Mortgage Due Jul 01, 2048
Sold Jul 29, 2009
$180,000
$162,000 by Mortgage Services Iii Llc
Mortgage Due Aug 01, 2039
402 Centennial Avenue in Normal, IL was first built in 1966 and is 58 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 402 Centennial Avenue has 1,507 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. The linear feet across the front of the lot is 920 ft and the linear feet between the front and back of the lot is 1,200. In total, the area measurement of the land is 11,040 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a garage. The garage is 456 sqft. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit and being fueled with gas. 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, 402 Centennial Avenue was last sold in Jun 4, 2018 for $196,000. According to our calculations, that's $108.89 per sqft. Prior to that sales transaction, the property was sold for $180,000 in Jul 24, 2009. Current property owners are expected to pay $5,012 in taxes per year. The property on 402 Centennial Avenue was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $61,798. To break that down further, the land itself was valued at $11,281. While improvements to the property were assessed at a total of $50,517. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Brick
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 293
  • Garage Type: Garage
  • Garage Square Area: 456
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,040
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 920
  • Total Building Area: 1,800
  • Building Area: 1,507
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,507
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PLEASANT HILL
  • Land Acres: 0.253
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: 4TH ADD PLEASANT HILL LOT 126

Ownership

  • Current Owner : THOMPSON GARY
  • Current Owner 2: THOMPSON LOIS
  • Previous Owner : RIVERS RODOLFO
  • Previous Owner 2: RIVERS BROOK A
  • Owner Before Previous Owner: S & B HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000502

Zoning

  • Zoning: R-1A

Geography

  • District: 30
  • Parcel: 14-27-451-002
  • Lot: 126
  • Meridian: SEC 27 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5068
  • Longitude: -88.9716

    Address

  • Full Address: 402 Centennial Ave
  • Address - House Number: 402
  • Address - Street Name: Centennial
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Normal
  • Carrier Code: C052
  • 4-Digit Zip Code: 3126
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,012
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 259,521
  • High Value: 308,004
  • Low Value: 211,038

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,214
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Jun 13, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $200,214
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $185,394
  • Market Land Value: $33,843
  • Market Improvement Value: $151,551

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,798
  • Assessed Land Value: $11,281
  • Assessed Improvements Value: $50,517

    Sales

  • Current Sale Contract Date: Jun 04, 2018
  • Current Sale Recording Date: Jun 13, 2018
  • Current Sale Transaction ID: 11476194444
  • Current Sale Price: $196,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-00009206
  • Previous Sale Recording Date: Jul 29, 2009
  • Previous Sale Contract Date: Jul 24, 2009
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BUSEY BANK
  • First Mortgage Transaction Date: Jun 13, 2018
  • First Mortgage Loan Amount: $200,214
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE SERVICES III LLC
  • Previous Mortgage Transaction Date: Jul 29, 2009
  • Previous Mortgage Loan Amount: $162,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2039

About Normal



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Frequently Asked Questions

What neighborhood is 402 Centennial Avenue located in?
The 402 Centennial Avenue is a house located in the neighborhood of Normal in Normal, Normal.
What is the average sales price for listings in 402 Centennial Avenue?
The average sales price for units in 402 Centennial Avenue is $0 currently.

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