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481 North Charles Street

481 North Charles Street, Cortland, IL 60112
Sold Mar 26, 2013
$69,000
$64,920 by Byron Bank
Mortgage
Local assessors in Cortland, IL have categorized 481 North Charles Street as a residential type of property. The home was built in 2002 and is 22 years old. The property's lot size has been calculated to be 2,440 square feet. The linear feet between the front and back of the lot was measured at 610 ft and the front of the lot was measured at 400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a townhouse style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 240 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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 Charles Street sold most recently in Mar 22, 2013 for a total of $69,000. If you work out the math, that's approximately a cost of $95.83 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 $3,963 in taxes each year. 481 North Charles Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $47,965. If we break it down further, the land itself was valued at $4,931. Improvements to the property, however, were assessed at a total of $43,034. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 2002
  • Effective Year Built: 2002
  • Total Rooms: 1
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 2,440
  • Lot Size Depth Feet: 610
  • Lot Size Frontage Feet: 400
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHARLES STREET TOWNHOMES
  • Land Acres: 0.56
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 402 - CHARLES STREET TOWNHOMES - UNIT 4

Ownership

  • Current Owner : BODDIE STEPHANIE A
  • Previous Owner : CHO YONG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 000800

Geography

  • Account Number: 0920102026
  • District: CO
  • Parcel: 09-20-102-026
  • Lot: 402
  • Municipality: CORTLAND
  • Latitude: 41.9353
  • Longitude: -88.6968

    Address

  • Full Address: 481 N Charles St
  • Legal Unit: 4
  • Address - House Number: 481
  • Street Direction: N
  • Address - Street Name: Charles
  • Address - Suffix Type: St
  • State: IL
  • City Name: Cortland
  • Carrier Code: R010
  • 4-Digit Zip Code: 4111
  • Zip Code: 60112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,963
  • Tax Rate Code Area: CO09

    Appraisal Valuation

  • Standard Deviation: 0.2061
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 72
  • Final Value: 191,720
  • High Value: 231,241
  • Low Value: 152,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $64,920
  • First Open Lien Mortgage Lender: BYRON BANK
  • First Open Lien Mortgage Recording Date: Mar 26, 2013
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $64,920
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $143,895
  • Market Land Value: $14,793
  • Market Improvement Value: $129,102

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,965
  • Assessed Land Value: $4,931
  • Assessed Improvements Value: $43,034

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 22, 2013
  • Current Sale Recording Date: Mar 26, 2013
  • Current Sale Transaction ID: 1080730810
  • Current Sale Price: $69,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013003823

    Last Sale Mortgage

  • First Mortgage Lender: BYRON BANK
  • First Mortgage Transaction Date: Mar 26, 2013
  • First Mortgage Loan Amount: $64,920
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Gainger of Cortland Estates



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Frequently Asked Questions

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

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