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405 2nd Street

405 2nd Street, Mendota, IL 61342
Property in Mendota
Sold Mar 03, 2016
$85,000
$68,000 by First State Bank
Mortgage
405 2nd Street has been categorized by the local assessors in Mendota, IL as a residential type of property. The building on the property was first built in 1960 and is 64 years old. The area measurement of the land has been determined as 6,098 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. 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, 405 2nd Street was last sold in Jan 30, 2016 for $85,000. According to our calculations, that's $58.06 per sqft. Current property owners are expected to pay $2,386 in taxes per year. The property on 405 2nd Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $32,388. To break that down further, the land itself was valued at $3,838. While improvements to the property were assessed at a total of $28,550. 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: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MENDOTA (ORIGINAL TOWN)
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: TOWN OF MENDOTA W18' N30' LT 5 & W18' LT 6 & N90' LT 7 BLK 15 SEC 33-36-1

Ownership

  • Current Owner : GUZMAN ENRIQUE
  • Current Owner 2: GUZMAN PATRICIA
  • Previous Owner : WENZEL SUSAN
  • Previous Owner 2: SIKOLE MARK
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Mendota Township High School District 280
  • Census Tract: 962000

Geography

  • District: MD
  • Parcel: 01-33-426-017
  • Block: 15
  • Lot: 5-7
  • Meridian: SEC 33 TWN 36 RNG 01
  • Municipality: MENDOTA TOWNSHIP
  • Latitude: 41.5426
  • Longitude: -89.1137

    Address

  • Full Address: 405 2nd St
  • Address - House Number: 405
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mendota
  • Carrier Code: C003
  • 4-Digit Zip Code: 2207
  • Zip Code: 61342

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,386
  • Tax Rate Code Area: MD002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 98,262
  • High Value: 111,640
  • Low Value: 84,883

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $127,903
  • First Open Lien Mortgage Lender: FIRST STATE BANK
  • First Open Lien Mortgage Recording Date: Mar 03, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $68,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: FINANCIAL PLUS CU
  • Second Open Lien Mortgage Recording Date: May 20, 2022
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $59,903
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 12, 2042

    Market Valuation

  • Market Total Value: $97,164
  • Market Land Value: $11,514
  • Market Improvement Value: $85,650

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,388
  • Assessed Land Value: $3,838
  • Assessed Improvements Value: $28,550

    Sales

  • Current Sale Contract Date: Jan 30, 2016
  • Current Sale Recording Date: Mar 03, 2016
  • Current Sale Transaction ID: 1469906262
  • Current Sale Price: $85,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201602780

    Last Sale Mortgage

  • First Mortgage Lender: FIRST STATE BANK
  • First Mortgage Transaction Date: Mar 03, 2016
  • First Mortgage Loan Amount: $68,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Mendota



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Frequently Asked Questions

What neighborhood is 405 2nd Street located in?
The 405 2nd Street is a located in the neighborhood of Mendota in Mendota, Mendota.
What is the average sales price for listings in 405 2nd Street?
The average sales price for units in 405 2nd Street is $0 currently.

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