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402 East Jones Street

402 East Jones Street, Milford, IL 60953
Property in Milford
Sold May 27, 2022
$6,000
$67,200 by Milford Building And Loan Asso
Mortgage Due Jun 01, 2047
Sold Nov 02, 2020
$44,739
This has been categorized as a residential property type. In total, the area measurement of the land is 9,762 square feet.

Learn more about the property and building on this page. The property was last sold in May 27, 2022 for $6,000. Prior to that sales transaction, the property was also sold in Oct 31, 2020 for $44,739. 402 East Jones Street was last assessed in 2022. The total value of the property was assessed at $27,830. Specifically, the land the property is located on was valued at $3,980. While improvements on the property were assessed at a total of $23,850. 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 $2,014. The initial tax year of delinquency was in 2022. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

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

    Dimensions

  • Lot Size Square Feet: 9,762
  • 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
  • Land Acres: 0.224
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: W 52' N 187' LT 1 BLK 15

Ownership

  • Current Owner : ALEXANDER KYLE R
  • Previous Owner : WOODBY ZACHARY D
  • Previous Owner 2: WOODBY LIBBIE M
  • Owner Before Previous Owner: MULLEN BRANDON S
  • Owner Before Previous Owner 2: MENNENGA MYNDI NICOLE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Milford Area Public School District 124
  • Census Tract: 950900

Geography

  • District: 18
  • Parcel: 33 14 154 016
  • Block: 15
  • Lot: 1
  • Municipality: MILFORD TOWNSHIP
  • Latitude: 40.6281
  • Longitude: -87.6924

    Address

  • Full Address: 402 E Jones St
  • Address - House Number: 402
  • Street Direction: E
  • Address - Street Name: Jones
  • Address - Suffix Type: St
  • State: IL
  • City Name: Milford
  • Carrier Code: C001
  • 4-Digit Zip Code: 1149
  • Zip Code: 60953

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,014
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 18003

    Appraisal Valuation

  • Standard Deviation: 0.1281
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 74
  • Final Value: 94,280
  • High Value: 106,361
  • Low Value: 82,198

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $67,200
  • First Open Lien Mortgage Lender: MILFORD BUILDING AND LOAN ASSO
  • First Open Lien Mortgage Recording Date: May 27, 2022
  • First Open Lien Mortgage Loan Amount: $67,200
  • First Open Lien Mortgage Term: 300
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2047

    Market Valuation

  • Market Total Value: $83,490
  • Market Land Value: $11,940
  • Market Improvement Value: $71,550

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $27,830
  • Assessed Land Value: $3,980
  • Assessed Improvements Value: $23,850

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: May 27, 2022
  • Current Sale Transaction ID: 11888847256
  • Current Sale Price: $6,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1927
  • Previous Sale Recording Date: Nov 02, 2020
  • Previous Sale Contract Date: Oct 31, 2020
  • Previous Sale Amount: $44,739
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MILFORD BUILDING AND LOAN ASSO
  • First Mortgage Transaction Date: May 27, 2022
  • First Mortgage Loan Amount: $67,200
  • First Mortgage Terms: 300
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2047

About Milford



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Frequently Asked Questions

What neighborhood is 402 East Jones Street located in?
The 402 East Jones Street is a located in the neighborhood of Milford in Milford, Milford.
What is the average sales price for listings in 402 East Jones Street?
The average sales price for units in 402 East Jones Street is $0 currently.

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