Check Availability

501 South Dayton Street

501 South Dayton Street, Marion, IL 62959
House in West Marion
Sold Jan 11, 2021
$78,333
$115,371 by Hometown Lenders Inc
Mortgage Due Feb 01, 2051
501 South Dayton Street in Marion, IL was first built in 1962 and is 62 years old. This has been categorized as a residential property type. It is a single story home. The basement is 936 sqft and has been categorized as a full basement. In total, the area measurement of the land is 8,577 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. For those who need parking, there is a garage. The garage is 800 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as good. The exterior walls of the home are made of materials we are unsure of. As for heating, the home is utilizing a gas heating system. 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, 501 South Dayton Street sold most recently in Jan 11, 2021 for a total of $78,333. If you work out the math, that's approximately a cost of $83.69 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 $2,536 in taxes each year. 501 South Dayton Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $34,250. If we break it down further, the land itself was valued at $4,540. Improvements to the property, however, were assessed at a total of $29,710. 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.

Building Features

Exterior

Vinyl Siding

Parking

Paved Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Bathroom Plumbing Fixtures: 8
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Other
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 936
  • Garage Type: Garage
  • Garage Square Area: 800
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,577
  • Total Building Area: 936
  • Gross Building Area: 936
  • Building Area: 936
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ASSESSMENT SUR NW NW 24 9 2
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ASSESSMENT SUR NW NW 24 9 2

Ownership

  • Current Owner : NADEAU MEGAN A
  • Previous Owner : ELLIOTT DONALD M
  • Previous Owner 2: ELLIOTT CAROL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marion Community Unit School District 2
  • Census Tract: 021200

Geography

  • Parcel: 06-24-111-003
  • Block: 6
  • Lot: 2
  • Municipality: WEST MARION
  • Latitude: 37.727
  • Longitude: -88.9437

    Address

  • Full Address: 501 S Dayton St
  • Address - House Number: 501
  • Street Direction: S
  • Address - Street Name: Dayton
  • Address - Suffix Type: St
  • State: IL
  • City Name: Marion
  • Carrier Code: C006
  • 4-Digit Zip Code: 1368
  • Zip Code: 62959

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,536
  • Tax Rate Code Area: 06975

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 239,574
  • High Value: 336,602
  • Low Value: 142,545

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $115,371
  • First Open Lien Mortgage Lender: HOMETOWN LENDERS INC
  • First Open Lien Mortgage Recording Date: Jan 11, 2021
  • First Open Lien Mortgage Loan Amount: $115,371
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2051

    Market Valuation

  • Market Total Value: $102,750
  • Market Land Value: $13,620
  • Market Improvement Value: $89,130

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,250
  • Assessed Land Value: $4,540
  • Assessed Improvements Value: $29,710

    Sales

  • Current Sale Contract Date: Jan 11, 2021
  • Current Sale Recording Date: Jan 11, 2021
  • Current Sale Transaction ID: 11823097455
  • Current Sale Price: $78,333
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 294

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN LENDERS INC
  • First Mortgage Transaction Date: Jan 11, 2021
  • First Mortgage Loan Amount: $115,371
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2051

About Marion



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 501 South Dayton Street located in?
The 501 South Dayton Street is a house located in the neighborhood of West Marion in Marion, Marion.
What is the average sales price for listings in 501 South Dayton Street?
The average sales price for units in 501 South Dayton Street is $0 currently.

Quantcast