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481 North Adams Street

481 North Adams Street, Kankakee, IL 60901
Property in Kankakee
Sold Jan 18, 2023
$75,000
Sold Dec 01, 2010
$49,500
$37,125 by Wells Fargo Bk Na
Mortgage Due Dec 01, 2040
This has been categorized as a residential property type. In total, the area measurement of the land is 6,250 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, 481 North Adams Street sold most recently in Jan 13, 2023 for a total of $75,000. Before that, the property was also sold for $49,500 in Nov 30, 2010. 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 $2,554 in taxes each year. The initial year of tax delinquency occurred in 2022. 481 North Adams Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $21,469. If we break it down further, the land itself was valued at $3,016. Improvements to the property, however, were assessed at a total of $18,453. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 6,250
  • 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: VAN METERS NORTH ADD
  • Land Acres: 0.143
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: VAN METERS NORTH ADDN LOT 4 BLK 2 32-31-12E

Ownership

  • Current Owner : REYES HILDA
  • Previous Owner : BERNHARD MICHAEL E
  • Owner Before Previous Owner: HATLEY EDWARD E
  • Owner Before Previous Owner 2: HATLEY CAROL M
  • Ownership Rights Codes: unknown
  • Vacant Flag: Address Standardization Based
  • Vacant Flag Date: Mar 11, 2024

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 011700

Geography

  • District: 16
  • Parcel: 16-09-32-304-016
  • Block: 2
  • Lot: 4
  • Municipality: KANKAKEE
  • Latitude: 41.1258
  • Longitude: -87.8706

    Address

  • Full Address: 481 N Adams St
  • Address - House Number: 481
  • Street Direction: N
  • Address - Street Name: Adams
  • Address - Suffix Type: St
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C020
  • 4-Digit Zip Code: 2305
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,554
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 75,679
  • High Value: 95,576
  • Low Value: 55,782

    Market Valuation

  • Market Total Value: $64,407
  • Market Land Value: $9,048
  • Market Improvement Value: $55,359

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,469
  • Assessed Land Value: $3,016
  • Assessed Improvements Value: $18,453

    Sales

  • Current Sale Contract Date: Jan 13, 2023
  • Current Sale Recording Date: Jan 18, 2023
  • Current Sale Transaction ID: 11900908066
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 519
  • Previous Sale Recording Date: Dec 01, 2010
  • Previous Sale Contract Date: Nov 30, 2010
  • Previous Sale Amount: $49,500
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BK NA
  • Previous Mortgage Transaction Date: Dec 01, 2010
  • Previous Mortgage Loan Amount: $37,125
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2040

About Kankakee



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Frequently Asked Questions

What neighborhood is 481 North Adams Street located in?
The 481 North Adams Street is a located in the neighborhood of Kankakee in Kankakee, Kankakee.
What is the average sales price for listings in 481 North Adams Street?
The average sales price for units in 481 North Adams Street is $0 currently.

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