Check Availability

500 Brooklane Street

500 Brooklane Street, Metropolis, IL 62960
Property in Franklin
Sold Aug 02, 2021
$120,000
$117,727 by Us Bank Na
Mortgage
500 Brooklane Street has been categorized by the local assessors in Metropolis, IL as a residential type of property. The building on the property was first built in 1954 and is 70 years old. The home has a total of 4 bedrooms. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 12,860 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 564 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. The exterior walls of the building are made of brick veneer. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Jul 23, 2021 for $120,000. That's $72.99 per sqft. 500 Brooklane Street was last assessed in 2022. The total value of the property was assessed at $35,660. Specifically, the land the property is located on was valued at $2,970. While improvements on the property were assessed at a total of $32,690. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,201. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 4
  • Construction Type: Wood
  • Exterior Walls Type: Brick veneer
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 564
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 12,860
  • Total Building Area: 1,644
  • Building Area: 1,644
  • Building Area Measurement: 1st Floor

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWBROOK ADD
  • Land Acres: 0.295
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LT0039, LOT 38 & E 1/2 OF, MEADOWBROOK ADD

Ownership

  • Current Owner : PARMELY AMETHYST M
  • Previous Owner : LOTT NATHAN
  • Previous Owner 2: LOTT LINDSAY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Massac Unit School District 1
  • Census Tract: 970200

Geography

  • Parcel: 05-35-411-038
  • Lot: 38-39
  • Municipality: CITY OF METROPOLIS
  • Latitude: 37.1643
  • Longitude: -88.7327

    Address

  • Full Address: 500 Brooklane St
  • Address - House Number: 500
  • Address - Street Name: Brooklane
  • Address - Suffix Type: St
  • State: IL
  • City Name: Metropolis
  • Carrier Code: C001
  • 4-Digit Zip Code: 1123
  • Zip Code: 62960

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,201

    Appraisal Valuation

  • Standard Deviation: 0.1111
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 77
  • Final Value: 109,340
  • High Value: 121,492
  • Low Value: 97,187

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $123,727
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: Aug 02, 2021
  • First Open Lien Mortgage Loan Amount: $117,727
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Open Lien Mortgage Recording Date: Aug 05, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $6,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $106,991

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,660
  • Assessed Land Value: $2,970
  • Assessed Improvements Value: $32,690

    Sales

  • Current Sale Contract Date: Jul 23, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Transaction ID: 11846694135
  • Current Sale Price: $120,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021001346

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: Aug 02, 2021
  • First Mortgage Loan Amount: $117,727
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Metropolis



Similar Buildings

Property at 500 Brooklane Street,

509 Brooklane

  • 1 Unit for Sale
509 Brooklane, Metropolis, IL 62960 House in Franklin
Property at 500 Brooklane Street,

513 Brooklane

  • 1 Unit for Sale
513 Brooklane, Metropolis, IL 62960 House in Franklin
Property at 500 Brooklane Street,

515 Hillcrest

  • 1 Unit for Sale
515 Hillcrest, Metropolis, IL 62960 House in Franklin
Property at 500 Brooklane Street,

508 Brooklane Street

  • 1 Unit for Sale
508 Brooklane Street, Metropolis, IL 62960 House in Franklin
Property at 500 Brooklane Street,

2101 Greenview Drive

  • 1 Unit for Sale
2101 Greenview Drive, Metropolis, IL 62960 House in Franklin
Property at 500 Brooklane Street,

101 Oak Drive

  • 1 Unit for Sale
101 Oak Drive, Metropolis, IL 62960 House in Franklin
Property at 500 Brooklane Street,

112 Oak Drive

  • 1 Unit for Sale
112 Oak Drive, Metropolis, IL 62960 House in Franklin
Property at 500 Brooklane Street,

601 West 19th Street

  • 1 Unit for Sale
601 West 19th Street, Metropolis, IL 62960 House in Franklin
Property at 500 Brooklane Street,

509 West 19th Street

  • 1 Unit for Sale
509 West 19th Street, Metropolis, IL 62960 House in Franklin

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 500 Brooklane Street located in?
The 500 Brooklane Street is a located in the neighborhood of Franklin in Metropolis, Metropolis.
What is the average sales price for listings in 500 Brooklane Street?
The average sales price for units in 500 Brooklane Street is $0 currently.

Nearby Cities
Quantcast