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489 South Commercial Street

489 South Commercial Street, El Paso, IL 61738
Property in El Paso
Sold Jul 01, 2020
$105,000
$84,000 by Cefcu
Mortgage Due Jul 01, 2050
489 South Commercial Street in El Paso, IL was first built in 1986 and is 38 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a mobile home style. The linear feet across the front of the lot is 1,670 ft and the linear feet between the front and back of the lot is 3,900. In total, the area measurement of the land is 65,340 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 489 South Commercial Street was last sold in Jun 30, 2020 for $105,000. According to our calculations, that's $56.82 per sqft. Current property owners are expected to pay $3,230 in taxes per year. The property on 489 South Commercial Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $38,084. To break that down further, the land itself was valued at $3,808. While improvements to the property were assessed at a total of $34,276. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Bedroom Count: 0
  • Building Style: Mobile home
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 65,340
  • Lot Size Depth Feet: 3,900
  • Lot Size Frontage Feet: 1,670
  • Total Building Area: 1,848
  • Building Area: 1,848
  • Building Area Measurement: Building Perimeter

    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: 1.5
  • Standard Land Use Code: Mobile/manufactured home (regardless of land ownership)
  • Mobile Home Indicator: T
  • Legal Description 1: T26N - R2E - S08 PT LOT 3 NE1/4

Ownership

  • Current Owner : HICKEY JOHN M
  • Current Owner 2: HICKEY CHERYL A
  • Previous Owner : CANNON PAMELA R

Neighborhood

  • School District Name: El Paso-Gridley Community Unit School District 11
  • Census Tract: 030700

Geography

  • District: 16
  • Parcel: 16-08-203-002
  • Lot: 3
  • Meridian: SEC 08 TWN 26N RNG 02E
  • Municipality: EL PASO
  • Latitude: 40.7332
  • Longitude: -89.0146

    Address

  • Full Address: 489 S Commercial St
  • Address - House Number: 489
  • Street Direction: S
  • Address - Street Name: Commercial
  • Address - Suffix Type: St
  • State: IL
  • City Name: El Paso
  • Carrier Code: C003
  • 4-Digit Zip Code: 1565
  • Zip Code: 61738

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,230
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 70
  • Final Value: 138,589
  • High Value: 168,212
  • Low Value: 108,965

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,000
  • First Open Lien Mortgage Lender: CEFCU
  • First Open Lien Mortgage Recording Date: Jul 01, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $84,000
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $114,252
  • Market Land Value: $11,424
  • Market Improvement Value: $102,828

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,084
  • Assessed Land Value: $3,808
  • Assessed Improvements Value: $34,276

    Sales

  • Current Sale Contract Date: Jun 30, 2020
  • Current Sale Recording Date: Jul 01, 2020
  • Current Sale Transaction ID: 11788191203
  • Current Sale Price: $105,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 3198

    Last Sale Mortgage

  • First Mortgage Lender: CEFCU
  • First Mortgage Transaction Date: Jul 01, 2020
  • First Mortgage Loan Amount: $84,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About El Paso



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Frequently Asked Questions

What neighborhood is 489 South Commercial Street located in?
The 489 South Commercial Street is a located in the neighborhood of El Paso in El Paso, El Paso.
What is the average sales price for listings in 489 South Commercial Street?
The average sales price for units in 489 South Commercial Street is $0 currently.

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