Check Availability

502 North Menard Street

502 North Menard Street, Mason City, IL 62664
House in Mason City
Sold May 26, 2020
$48,000
$36,000 by Alliance Community Bank
Mortgage Due Jun 01, 2040
Sold Aug 06, 2008
$47,000
$15,000 by 1st State Bank Of Mason City
Mortgage Due Aug 05, 2013
This has been categorized as a residential property type. In total, the area measurement of the land is 8,998 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, 502 North Menard Street was last sold in May 11, 2020 for $48,000. Prior to that sales transaction, the property was sold for $47,000 in Aug 5, 2008. Current property owners are expected to pay $1,064 in taxes per year. The property on 502 North Menard Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $16,417. To break that down further, the land itself was valued at $2,449. While improvements to the property were assessed at a total of $13,968. 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. 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!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.

Building Features

Exterior

Vinyl Siding
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,998
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELLIOTT'S ADD
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: ELLIOTT'S ADD S 60' OF LOT 19 189

Ownership

  • Current Owner : BERNDT RICK
  • Current Owner 2: SMITH MARY A
  • Previous Owner : FRENCH DANIEL R
  • Previous Owner 2: FRENCH JEAN K
  • Owner Before Previous Owner: THOMAS DEBORAH K
  • Owner Before Previous Owner 2: THOMAS ROBERT L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Illini Central Community Unit School District 189
  • Census Tract: 956800

Zoning

  • Zoning: CITY

Geography

  • District: 09
  • Parcel: 20-08-103-009
  • Lot: 19
  • Municipality: MASON CITY TOWNSHIP
  • Latitude: 40.207
  • Longitude: -89.694

    Address

  • Full Address: 502 N Menard St
  • Address - House Number: 502
  • Street Direction: N
  • Address - Street Name: Menard
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mason City
  • Carrier Code: C002
  • 4-Digit Zip Code: 1139
  • Zip Code: 62664

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,064
  • Tax Rate Code Area: 09092

    Appraisal Valuation

  • Standard Deviation: 0.1212
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 75
  • Final Value: 58,087
  • High Value: 65,127
  • Low Value: 51,046

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $36,000
  • First Open Lien Mortgage Lender: ALLIANCE COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: May 26, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $36,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2040

    Market Valuation

  • Market Total Value: $49,251
  • Market Land Value: $7,347
  • Market Improvement Value: $41,904

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,417
  • Assessed Land Value: $2,449
  • Assessed Improvements Value: $13,968

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 11, 2020
  • Current Sale Recording Date: May 26, 2020
  • Current Sale Transaction ID: 11767017074
  • Current Sale Price: $48,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202000288921
  • Previous Sale Recording Date: Aug 06, 2008
  • Previous Sale Contract Date: Aug 05, 2008
  • Previous Sale Amount: $47,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ALLIANCE COMMUNITY BANK
  • First Mortgage Transaction Date: May 26, 2020
  • First Mortgage Loan Amount: $36,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2040

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: 1ST STATE BANK OF MASON CITY
  • Previous Mortgage Transaction Date: Aug 06, 2008
  • Previous Mortgage Loan Amount: $15,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 05, 2013

About Mason City



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 502 North Menard Street located in?
The 502 North Menard Street is a house located in the neighborhood of Mason City in Mason City, Mason City.
What is the average sales price for listings in 502 North Menard Street?
The average sales price for units in 502 North Menard Street is $52,900 , or $40/sqft. currently.

Quantcast