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408 East 2nd Street

408 East 2nd Street, Dixon, IL 61021
Property in Dixon
Sold Dec 22, 2021
$220,000
$175,920 by Finance Of America Mortgage
Mortgage
408 East 2nd Street in Dixon, IL was first built in 1918 and is 106 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 408 East 2nd Street has 3,319 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 570 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 8,550 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of stucco. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 408 East 2nd Street sold most recently in Dec 14, 2021 for a total of $220,000. If you work out the math, that's approximately a cost of $66.29 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,630 in taxes each year. 408 East 2nd Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $64,908. If we break it down further, the land itself was valued at $7,668. Improvements to the property, however, were assessed at a total of $57,240. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1918
  • Effective Year Built: 1918
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 6
  • Exterior Walls Type: Stucco
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,550
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 570
  • Total Building Area: 3,319
  • Building Area: 3,319
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 3,319
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SECT/LOT:00 TWP:02 RNG/BLK:025 DIXON EH W 114 FT BK 9903-3105 WD JT

Ownership

  • Current Owner : SCHULTZ GARY A
  • Current Owner 2: SCHULTZ NOELLE J
  • Previous Owner : MCCAFFREY DENISE A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Dixon Unit School District 170
  • Census Tract: 000300

Geography

  • Account Number: 159679
  • District: 07
  • Parcel: 07-08-05-236-002
  • Block: 25
  • Municipality: DIXON
  • Latitude: 41.8434
  • Longitude: -89.4779

    Address

  • Full Address: 408 E 2nd St
  • Address - House Number: 408
  • Street Direction: E
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Dixon
  • Carrier Code: C002
  • 4-Digit Zip Code: 3122
  • Zip Code: 61021

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,630
  • Tax Rate Code Area: 07001

    Appraisal Valuation

  • Standard Deviation: 0.2258
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 68
  • Final Value: 252,602
  • High Value: 309,649
  • Low Value: 195,555

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $175,920
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 22, 2021
  • First Open Lien Mortgage Loan Amount: $175,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $194,724
  • Market Land Value: $23,004
  • Market Improvement Value: $171,720

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,908
  • Assessed Land Value: $7,668
  • Assessed Improvements Value: $57,240

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 14, 2021
  • Current Sale Recording Date: Dec 22, 2021
  • Current Sale Transaction ID: 11876320884
  • Current Sale Price: $220,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 202106666

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE
  • First Mortgage Transaction Date: Dec 22, 2021
  • First Mortgage Loan Amount: $175,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Dixon



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Frequently Asked Questions

What neighborhood is 408 East 2nd Street located in?
The 408 East 2nd Street is a located in the neighborhood of Dixon in Dixon, Dixon.
What is the average sales price for listings in 408 East 2nd Street?
The average sales price for units in 408 East 2nd Street is $0 currently.

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