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422 West 2nd Street

422 West 2nd Street, Braidwood, IL 60408
Property in Reed
Sold May 10, 2018
$162,000
$159,065 by Eagle Home Mortgage Llc
Mortgage Due May 01, 2048
Sold Oct 07, 2015
$130,000
$132,653 by First Bank Of Manhattan
Mortgage Due Oct 01, 2045
This has been categorized as a residential property type. In total, the area measurement of the land is 12,699 square feet.

Learn more about the property and building on this page. The property was last sold in Apr 25, 2018 for $162,000. Prior to that sales transaction, the property was also sold in Sep 30, 2015 for $130,000. 422 West 2nd Street was last assessed in 2022. The total value of the property was assessed at $62,202. Specifically, the land the property is located on was valued at $9,066. While improvements on the property were assessed at a total of $53,136. 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 $3,872. 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

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

    Dimensions

  • Lot Size Square Feet: 12,699
  • 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: BRAIDWOOD
  • Land Acres: 0.29
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE E 80 FT OF THE W 160 FT OF LOTS 8 9 (EX THE N 80 FT OF LOT 8), ALL IN BLK 31 IN CHICAGO WILMINGTON COAL CO'S ADDITION T

Ownership

  • Current Owner : SMITH JEFFERY B
  • Previous Owner : REILLY JR PATRICK O
  • Owner Before Previous Owner: HINICH SAMANTHA A
  • Owner Before Previous Owner 2: HINICH PETE A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Reed Custer Community Unit School District 255U
  • Census Tract: 884003

Geography

  • Parcel: 02-24-08-108-025
  • Block: 31
  • Lot: 8,9
  • Municipality: REED TWP
  • Latitude: 41.2695
  • Longitude: -88.2254

    Address

  • Full Address: 422 W 2nd St
  • Address - House Number: 422
  • Street Direction: W
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Braidwood
  • Carrier Code: C001
  • 4-Digit Zip Code: 1635
  • Zip Code: 60408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,872
  • Tax Rate Code Area: 0207

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 236,074
  • High Value: 275,303
  • Low Value: 196,845

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $164,595
  • First Open Lien Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: May 10, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $159,065
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2048
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Mar 11, 2022
  • Second Open Lien Mortgage Loan Amount: $5,530
  • Second Open Lien Mortgage Term: 313
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $186,606
  • Market Land Value: $27,198
  • Market Improvement Value: $159,408

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $62,202
  • Assessed Land Value: $9,066
  • Assessed Improvements Value: $53,136

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 25, 2018
  • Current Sale Recording Date: May 10, 2018
  • Current Sale Transaction ID: 11464408361
  • Current Sale Price: $162,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2018031343
  • Previous Sale Recording Date: Oct 07, 2015
  • Previous Sale Contract Date: Sep 30, 2015
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAGLE HOME MORTGAGE LLC
  • First Mortgage Transaction Date: May 10, 2018
  • First Mortgage Loan Amount: $159,065
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST BANK OF MANHATTAN
  • Previous Mortgage Transaction Date: Oct 07, 2015
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $132,653
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2045

About Braidwood



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Frequently Asked Questions

What neighborhood is 422 West 2nd Street located in?
The 422 West 2nd Street is a located in the neighborhood of Reed in Braidwood, Braidwood.
What is the average sales price for listings in 422 West 2nd Street?
The average sales price for units in 422 West 2nd Street is $0 currently.

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