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406 Hollis Street

406 Hollis Street, Kewanee, IL 61443
Property in Wethersfield
Sold Sep 30, 2021
$40,000
$31,900 by Union Federal Savings & Loan A
Mortgage Due Oct 01, 2041
406 Hollis Street has been categorized by the local assessors in Kewanee, IL as a residential type of property. The building on the property was first built in 1935 and is 89 years old. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 406 Hollis Street has 676 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 676 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,750 ft and across the front of the lot is 550 ft. The area measurement of the land has been determined as 15,246 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 216 sqft. 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 frame control joints. In terms of heating, it is utilizing a gas heating system. The property was last sold in Sep 27, 2021 for $40,000. That's $59.17 per sqft. 406 Hollis Street was last assessed in 2022. The total value of the property was assessed at $18,454. Specifically, the land the property is located on was valued at $2,092. While improvements on the property were assessed at a total of $16,362. 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 $2,097. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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

  • Year Built: 1935
  • Effective Year Built: 1935
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 676
  • Garage Type: Garage
  • Garage Square Area: 216
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Lot Size Depth Feet: 2,750
  • Lot Size Frontage Feet: 550
  • Total Building Area: 676
  • Building Area: 676
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 676
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORIG TOWN OF WETHERSFIELD
  • Land Acres: 0.35
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W275 LT 7 PALMERS SUB OF LTS 92,100,101 ORIG TOWN OF WETHERSFIELD CITY OF KEWANEE

Ownership

  • Current Owner : BURROWS JOSEPH A
  • Previous Owner : GEMAX LLC
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Wethersfield Community Unit School District 230
  • Census Tract: 031000

Geography

  • District: 25
  • Parcel: 25-04-428-009
  • Block: 428
  • Lot: 7,101
  • Municipality: WETHERSFIELD
  • Latitude: 41.2277
  • Longitude: -89.9296

    Address

  • Full Address: 406 Hollis St
  • Address - House Number: 406
  • Address - Street Name: Hollis
  • Address - Suffix Type: St
  • State: IL
  • City Name: Kewanee
  • Carrier Code: C015
  • 4-Digit Zip Code: 3727
  • Zip Code: 61443

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,097
  • Tax Rate Code Area: 250006

    Appraisal Valuation

  • Standard Deviation: 0.1192
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 65,472
  • High Value: 73,280
  • Low Value: 57,663

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $31,900
  • First Open Lien Mortgage Lender: UNION FEDERAL SAVINGS & LOAN A
  • First Open Lien Mortgage Recording Date: Sep 30, 2021
  • First Open Lien Mortgage Loan Amount: $31,900
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2041

    Market Valuation

  • Market Total Value: $55,362
  • Market Land Value: $6,276
  • Market Improvement Value: $49,086

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,454
  • Assessed Land Value: $2,092
  • Assessed Improvements Value: $16,362

    Sales

  • Current Sale Contract Date: Sep 27, 2021
  • Current Sale Recording Date: Sep 30, 2021
  • Current Sale Transaction ID: 11858627878
  • Current Sale Price: $40,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20-2106332

    Last Sale Mortgage

  • First Mortgage Lender: UNION FEDERAL SAVINGS & LOAN A
  • First Mortgage Transaction Date: Sep 30, 2021
  • First Mortgage Loan Amount: $31,900
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2041

About Kewanee



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Frequently Asked Questions

What neighborhood is 406 Hollis Street located in?
The 406 Hollis Street is a located in the neighborhood of Wethersfield in Kewanee, Kewanee.
What is the average sales price for listings in 406 Hollis Street?
The average sales price for units in 406 Hollis Street is $0 currently.

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