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4863 East 1850th Street

4863 East 1850th Street, Galva, IL 61434
Property in Galva
Sold Mar 15, 2019
$80,000
$75,000 by Farmers National Bank
Mortgage
Sold Dec 14, 2009
$47,000
Local assessors in Galva, IL have categorized 4863 East 1850th Street as a residential type of property. The home was built in 1924 and is 100 years old. The property's lot size has been calculated to be 204,732 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 4863 East 1850th Street has a total of 973 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 840 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 garage for those who need a place to park their vehicle. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is poor. 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. The home's a hot water heating system 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, 4863 East 1850th Street sold most recently in Aug 24, 2014 for a total of $80,000. If you work out the math, that's approximately a cost of $82.22 per sqft. Before that, the property was also sold for $47,000 in Dec 11, 2009. 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 $1,156 in taxes each year. 4863 East 1850th Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $22,177. If we break it down further, the land itself was valued at $7,345. Improvements to the property, however, were assessed at a total of $14,832. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1924
  • Effective Year Built: 1924
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Poor
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 840
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 204,732
  • Total Building Area: 973
  • Building Area: 973
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Hot water
  • Heated Square Feet: 973
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4.7
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT LOT 1 NE SUB OF N1/2 SEC 7 T14N R4E

Ownership

  • Current Owner : JOHNSON BRANDON M
  • Previous Owner : DECRANE JAMES A
  • Previous Owner 2: FARLAND JENNIFER P MC
  • Owner Before Previous Owner: MEDLEY HELEN MARIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Galva Community Unit School District 224
  • Census Tract: 030500

Geography

  • District: 24
  • Parcel: 24-07-200-003
  • Block: 200
  • Lot: 1
  • Meridian: SEC 07 TWN 14N RNG 04E
  • Municipality: GALVA
  • Latitude: 41.2211
  • Longitude: -90.0809

    Address

  • Full Address: 4863 E 1850th St
  • Address - House Number: 4863
  • Street Direction: E
  • Address - Street Name: 1850th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Galva
  • Carrier Code: R001
  • 4-Digit Zip Code: 9312
  • Zip Code: 61434

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,156
  • Tax Rate Code Area: 240000

    Appraisal Valuation

  • Standard Deviation: 0.1192
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 250,402
  • High Value: 280,267
  • Low Value: 220,536

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: FARMERS NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Mar 15, 2019
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Closed-end Mortgage

    Market Valuation

  • Market Total Value: $66,531
  • Market Land Value: $22,035
  • Market Improvement Value: $44,496

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,177
  • Assessed Land Value: $7,345
  • Assessed Improvements Value: $14,832

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2014
  • Current Sale Recording Date: Mar 15, 2019
  • Current Sale Transaction ID: 11603970272
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20-1901145
  • Previous Sale Recording Date: Dec 14, 2009
  • Previous Sale Contract Date: Dec 11, 2009
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS NATIONAL BANK
  • First Mortgage Transaction Date: Mar 15, 2019
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Closed-end Mortgage

About Henry



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Frequently Asked Questions

What neighborhood is 4863 East 1850th Street located in?
The 4863 East 1850th Street is a located in the neighborhood of Galva in Henry, Galva.
What is the average sales price for listings in 4863 East 1850th Street?
The average sales price for units in 4863 East 1850th Street is $0 currently.

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