455 South Gage Street

Local assessors in Somonauk, IL have categorized 455 South Gage Street as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 16,117 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. 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, 455 South Gage Street sold most recently in Jun 23, 2014 for a total of $112,000. If you work out the math, that's approximately a cost of $77.78 per sqft. Before that, the property was also sold for $185,000 in Dec 18, 2008. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,410 in taxes each year. 455 South Gage Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $66,934. If we break it down further, the land itself was valued at $4,384. Improvements to the property, however, were assessed at a total of $62,550. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.