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451 County Rd 1975 East

451 County Rd 1975 East, Secor, IL 61771
Property in Palestine
Sold Dec 30, 2019
$420,000
$80,000 by Morton Community Bank
Mortgage Due Jan 01, 2035
451 County Rd 1975 East in Secor, IL was first built in 1998 and is 26 years old. This has been categorized as a residential property type. In total, the area measurement of the land is 439,085 square feet.

Learn more about the property and building on this page. 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, 451 County Rd 1975 East sold most recently in Dec 30, 2019 for a total of $420,000. If you work out the math, that's approximately a cost of $194.09 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 $0 in taxes each year. 451 County Rd 1975 East was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $124,136. If we break it down further, the land itself was valued at $35,237. Improvements to the property, however, were assessed at a total of $88,899. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 439,085
  • Total Building Area: 2,164
  • Building Area: 2,164
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRALEE FARMS
  • Land Acres: 10.08
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRALEE FARMS LOT 2A

Ownership

  • Current Owner : KNAPP TYLER C
  • Current Owner 2: KNAPP TIFFANY B
  • Previous Owner : WHERLEY RICHARD C
  • Previous Owner 2: WHERLEY DANA

Neighborhood

  • School District Name: Eureka Community Unit District 140
  • Census Tract: 030602

Geography

  • District: 15
  • Parcel: 18-01-403-003
  • Lot: 2A
  • Municipality: PALESTINE
  • Latitude: 40.6536
  • Longitude: -89.1629

    Address

  • Full Address: 451 County Road 1975 E
  • Address - House Number: 451
  • Street Segment Direction: E
  • Address - Street Name: County Road 1975
  • State: IL
  • City Name: Secor
  • Carrier Code: R002
  • 4-Digit Zip Code: 9572
  • Zip Code: 61771

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 15002

    Appraisal Valuation

  • Standard Deviation: 0.2037
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 503,313
  • High Value: 605,869
  • Low Value: 400,758

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $80,000
  • First Open Lien Mortgage Lender: MORTON COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Dec 30, 2019
  • First Open Lien Mortgage Loan Amount: $80,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2035

    Market Valuation

  • Market Total Value: $372,408
  • Market Land Value: $105,711
  • Market Improvement Value: $266,697

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,136
  • Assessed Land Value: $35,237
  • Assessed Improvements Value: $88,899

    Sales

  • Current Sale Contract Date: Dec 30, 2019
  • Current Sale Recording Date: Dec 30, 2019
  • Current Sale Transaction ID: 11808098516
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 905321

    Last Sale Mortgage

  • First Mortgage Lender: MORTON COMMUNITY BANK
  • First Mortgage Transaction Date: Dec 30, 2019
  • First Mortgage Loan Amount: $80,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2035

About Woodford



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Frequently Asked Questions

What neighborhood is 451 County Rd 1975 East located in?
The 451 County Rd 1975 East is a located in the neighborhood of Palestine in Woodford, Secor.
What is the average sales price for listings in 451 County Rd 1975 East?
The average sales price for units in 451 County Rd 1975 East is $0 currently.

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