Check Availability

406 North Monroe Street

406 North Monroe Street, Freeburg, IL 62243
Property in Freeburg
Sold Sep 24, 2020
$127,000
$101,600 by Loandepot.com Llc
Mortgage Due Oct 01, 2050
Sold Feb 16, 2016
$107,000
$104,802 by Firstco Mortgage Corp
Mortgage Due Mar 01, 2046
Local assessors in Freeburg, IL have categorized 406 North Monroe Street as a residential type of property. The home was built in 1963 and is 61 years old. It was most recently renovated and altered in 1995. The property's lot size has been calculated to be 9,148 square feet. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 406 North Monroe Street has a total of 1,192 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Do you like to entertain? The home has both a open porch and a patio so you'll have great options in both the front and back of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The property was last sold in Sep 22, 2020 for $127,000. That's $106.54 per sqft. Prior to that sales transaction, the property was also sold in Feb 12, 2016 for $107,000. 406 North Monroe Street was last assessed in 2022. The total value of the property was assessed at $35,359. Specifically, the land the property is located on was valued at $6,888. While improvements on the property were assessed at a total of $28,471. 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 $2,545. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1963
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 1,192
  • Building Area: 1,192
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,192
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: KOESTERERS, LOUIS, ADD
  • Land Acres: 0.21
  • Standard Land Use Code: Single family residential
  • Legal Description 1: KOESTERERS, LOUIS, ADD LOT/SEC-40 A02762698

Ownership

  • Current Owner : JOUETT ALICE M
  • Previous Owner : SCHLUTER MADELYN C
  • Previous Owner 2: FRICKE ALEXANDER
  • Owner Before Previous Owner: FORSYTHE JEFFREY WAYNE
  • Owner Before Previous Owner 2: FORSYTHE JAMIE L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: Freeburg Community High School District 77
  • Census Tract: 503905

Geography

  • District: 17
  • Parcel: 14-19-0-405-004
  • Block: 405
  • Municipality: FREEBURG
  • Latitude: 38.4307
  • Longitude: -89.9113

    Address

  • Full Address: 406 N Monroe St
  • Address - House Number: 406
  • Street Direction: N
  • Address - Street Name: Monroe
  • Address - Suffix Type: St
  • State: IL
  • City Name: Freeburg
  • Carrier Code: C002
  • 4-Digit Zip Code: 1129
  • Zip Code: 62243

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,545
  • Tax Rate Code Area: 17016

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 144,733
  • High Value: 211,060
  • Low Value: 78,405

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $101,600
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Sep 24, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $101,600
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $106,077
  • Market Land Value: $20,664
  • Market Improvement Value: $85,413

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,359
  • Assessed Land Value: $6,888
  • Assessed Improvements Value: $28,471

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 22, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Transaction ID: 11789361591
  • Current Sale Price: $127,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A02668431
  • Previous Sale Recording Date: Feb 16, 2016
  • Previous Sale Contract Date: Feb 12, 2016
  • Previous Sale Amount: $107,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Sep 24, 2020
  • First Mortgage Loan Amount: $101,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: FIRSTCO MORTGAGE CORP
  • Previous Mortgage Transaction Date: Feb 16, 2016
  • Previous Mortgage Loan Amount: $104,802
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Mar 01, 2046

About Freeburg



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 406 North Monroe Street located in?
The 406 North Monroe Street is a located in the neighborhood of Freeburg in Freeburg, Freeburg.
What is the average sales price for listings in 406 North Monroe Street?
The average sales price for units in 406 North Monroe Street is $0 currently.

Quantcast