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4629 Hotze Road

4629 Hotze Road, Salem, IL 62881
Property in Salem
Sold Sep 05, 2018
$180,000
$207,000 by First National Bank Of Arenzvi
Mortgage Due Apr 01, 2053
Sold Oct 18, 2016
$160,000
$152,000 by Peoples National Bank
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 43,560 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, 4629 Hotze Road sold most recently in Aug 27, 2018 for a total of $180,000. Before that, the property was also sold for $160,000 in Oct 12, 2016. 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 $3,264 in taxes each year. 4629 Hotze Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $51,550. If we break it down further, the land itself was valued at $2,150. Improvements to the property, however, were assessed at a total of $49,400. 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.

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: 43,560
  • 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
  • Land Acres: 1
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: PT. NE SE SE NE

Ownership

  • Current Owner : DETERS BRETT
  • Current Owner 2: DETERS LINDSEY M
  • Previous Owner : HOGAN TODD M
  • Previous Owner 2: HOGAN MELISSA L
  • Owner Before Previous Owner: HOWARD MELVIN JOHN
  • Owner Before Previous Owner 2: HOWARD TRISTA L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Salem Community High School District 600
  • Census Tract: 951700

Geography

  • District: 11
  • Parcel: 1104000025
  • Municipality: SALEM TOWNSHIP
  • Latitude: 38.6433
  • Longitude: -88.9774

    Address

  • Full Address: 4629 Hotze Rd
  • Address - House Number: 4629
  • Address - Street Name: Hotze
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Salem
  • Carrier Code: R006
  • 4-Digit Zip Code: 5203
  • Zip Code: 62881

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,264
  • Tax Rate Code Area: 11006

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 73
  • Final Value: 209,543
  • High Value: 250,922
  • Low Value: 168,165

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $207,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OF ARENZVI
  • First Open Lien Mortgage Recording Date: Mar 28, 2023
  • First Open Lien Mortgage Loan Amount: $207,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2053

    Market Valuation

  • Market Total Value: $154,650
  • Market Land Value: $6,450
  • Market Improvement Value: $148,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,550
  • Assessed Land Value: $2,150
  • Assessed Improvements Value: $49,400

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 27, 2018
  • Current Sale Recording Date: Sep 05, 2018
  • Current Sale Transaction ID: 11505826784
  • Current Sale Price: $180,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R04430
  • Previous Sale Recording Date: Oct 18, 2016
  • Previous Sale Contract Date: Oct 12, 2016
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: IUKA STATE BANK
  • First Mortgage Transaction Date: Sep 05, 2018
  • First Mortgage Loan Amount: $144,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: PEOPLES NATIONAL BANK
  • Previous Mortgage Transaction Date: Oct 18, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $152,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Marion



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Frequently Asked Questions

What neighborhood is 4629 Hotze Road located in?
The 4629 Hotze Road is a located in the neighborhood of Salem in Marion, Salem.
What is the average sales price for listings in 4629 Hotze Road?
The average sales price for units in 4629 Hotze Road is $0 currently.

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