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408 North Drewley Street

408 North Drewley Street, Atlanta, IL 61723
Property in Atlanta
Sold Dec 21, 2023
$70,000
$122,622 by Prairie State Bank & Trust
Mortgage Due Apr 05, 2029
Sold Aug 04, 2014
$78,000
$73,200 by Us Department Of Agriculture
Mortgage
Local assessors in Atlanta, IL have categorized 408 North Drewley Street as a residential type of property. The property's lot size has been calculated to be 30,492 square feet.

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. 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, 408 North Drewley Street was last sold in Dec 18, 2023 for $70,000. Prior to that sales transaction, the property was sold for $78,000 in Aug 1, 2014. Current property owners are expected to pay $2,188 in taxes per year. The property on 408 North Drewley Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $32,390. To break that down further, the land itself was valued at $3,350. While improvements to the property were assessed at a total of $29,040. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 30,492
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HAUGHEY'S ADD
  • Land Acres: 0.7
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 5-944A LOTS 1 AND 2 AND N 7 FT LOT 3 BLOCK 2 HAUGHEY'S ADDN TO THE CITY OF ATLANTA

Ownership

  • Current Owner : BOLLMANN BRANDT
  • Previous Owner : WATKINS AMBER M
  • Owner Before Previous Owner: KING PENNY J
  • Owner Before Previous Owner 2: VANHOORN TARA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 952900

Geography

  • District: 05
  • Parcel: 05-532-001-40
  • Block: 2
  • Lot: 1,3
  • Municipality: ATLANTA
  • Latitude: 40.2622
  • Longitude: -89.2262

    Address

  • Full Address: 408 N Drewley St
  • Address - House Number: 408
  • Street Direction: N
  • Address - Street Name: Drewley
  • Address - Suffix Type: St
  • State: IL
  • City Name: Atlanta
  • Carrier Code: R002
  • 4-Digit Zip Code: 8718
  • Zip Code: 61723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,188
  • Tax Rate Code Area: 05002

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 193,415
  • High Value: 271,749
  • Low Value: 115,080

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $122,622
  • First Open Lien Mortgage Lender: PRAIRIE STATE BANK & TRUST
  • First Open Lien Mortgage Recording Date: Mar 08, 2024
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $122,622
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 05, 2029

    Market Valuation

  • Market Total Value: $97,170
  • Market Land Value: $10,050
  • Market Improvement Value: $87,120

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,390
  • Assessed Land Value: $3,350
  • Assessed Improvements Value: $29,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 18, 2023
  • Current Sale Recording Date: Dec 21, 2023
  • Current Sale Transaction ID: 11918597695
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023004253
  • Previous Sale Recording Date: Aug 04, 2014
  • Previous Sale Contract Date: Aug 01, 2014
  • Previous Sale Amount: $78,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Dec 21, 2023
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: US DEPARTMENT OF AGRICULTURE
  • Previous Mortgage Transaction Date: Aug 04, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $73,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Atlanta



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Frequently Asked Questions

What neighborhood is 408 North Drewley Street located in?
The 408 North Drewley Street is a located in the neighborhood of Atlanta in Atlanta, Atlanta.
What is the average sales price for listings in 408 North Drewley Street?
The average sales price for units in 408 North Drewley Street is $0 currently.

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