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402 Matthew Drive

402 Matthew Drive, O Fallon, IL 62269
Property in O'Fallon
Sold Aug 28, 2020
$170,000
$161,405 by Broker Solutions Inc
Mortgage Due Sep 01, 2050
Sold May 03, 2004
$98,000
$87,000 by First County Bank
Mortgage Due Apr 29, 2012
402 Matthew Drive has been categorized by the local assessors in O Fallon, IL as a residential type of property. The building on the property was first built in 1968 and is 56 years old. However, we must point out that the home was most recently renovated and altered in 1985. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 402 Matthew Drive has 1,556 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,761 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 440 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of masonry. The inside of the home is being cooled with central air conditioning at the moment. 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 Matthew Drive was last sold in Aug 27, 2020 for $170,000. According to our calculations, that's $109.25 per sqft. Prior to that sales transaction, the property was sold for $98,000 in Apr 29, 2004. Current property owners are expected to pay $3,872 in taxes per year. The property on 402 Matthew Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $55,681. To break that down further, the land itself was valued at $11,060. While improvements to the property were assessed at a total of $44,621. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1968
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 6
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,556
  • Building Area: 1,556
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,556
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SOUTHVIEW GARDENS
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SOUTHVIEW GARDENS ANNEX 7TH ADD LOT/SEC-248 DOC A02664552

Ownership

  • Current Owner : TROUT SEEN L
  • Current Owner 2: HIPSKIND MELISSA A
  • Previous Owner : PAYNE NATHANIEL C
  • Previous Owner 2: PAYNE AMANDA
  • Owner Before Previous Owner: MILLER DEBORAH LIND
  • Owner Before Previous Owner 2: KLEIN ROBERT C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: O'Fallon Community Consolidated School District 90
  • Census Tract: 504352

Geography

  • District: 06
  • Parcel: 04-32-0-113-011
  • Block: 113
  • Municipality: OFALLON
  • Latitude: 38.5797
  • Longitude: -89.906

    Address

  • Full Address: 402 Matthew Dr
  • Address - House Number: 402
  • Address - Street Name: Matthew
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: O Fallon
  • Carrier Code: C003
  • 4-Digit Zip Code: 2742
  • Zip Code: 62269

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,872
  • Tax Rate Code Area: 06005

    Appraisal Valuation

  • Standard Deviation: 0.2719
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 61
  • Final Value: 227,440
  • High Value: 289,300
  • Low Value: 165,580

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $161,405
  • First Open Lien Mortgage Lender: BROKER SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Aug 28, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $161,405
  • 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, 2050

    Market Valuation

  • Market Total Value: $167,043
  • Market Land Value: $33,180
  • Market Improvement Value: $133,863

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,681
  • Assessed Land Value: $11,060
  • Assessed Improvements Value: $44,621

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 27, 2020
  • Current Sale Recording Date: Aug 28, 2020
  • Current Sale Transaction ID: 11785023755
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A02664552
  • Previous Sale Recording Date: May 03, 2004
  • Previous Sale Contract Date: Apr 29, 2004
  • Previous Sale Amount: $98,000
  • Previous Sale Document Type: Executor's Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROKER SOLUTIONS INC
  • First Mortgage Transaction Date: Aug 28, 2020
  • First Mortgage Loan Amount: $161,405
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST COUNTY BANK
  • Previous Mortgage Transaction Date: May 03, 2004
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $87,000
  • Previous Mortgage Term: 94
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 29, 2012

About O'Fallon



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Frequently Asked Questions

What neighborhood is 402 Matthew Drive located in?
The 402 Matthew Drive is a located in the neighborhood of O'Fallon in O'Fallon, O Fallon.
What is the average sales price for listings in 402 Matthew Drive?
The average sales price for units in 402 Matthew Drive is $0 currently.

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