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502 Paris Street

502 Paris Street, Dewitt, IL 61735
Property in De Witt
Sold Aug 26, 2020
$80,000
$55,000 by Iaa Cu
Mortgage
Local assessors in Dewitt, IL have categorized 502 Paris Street as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 60,113 square feet. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 502 Paris Street has a total of 2,240 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. 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. Lots of wood were used in the construction of the exterior walls of the home. 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, 502 Paris Street sold most recently in Aug 24, 2020 for a total of $80,000. If you work out the math, that's approximately a cost of $35.71 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 $3,234 in taxes each year. 502 Paris Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $51,215. If we break it down further, the land itself was valued at $9,131. Improvements to the property, however, were assessed at a total of $42,084. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 60,113
  • Total Building Area: 2,240
  • Building Area: 2,240
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,240
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROBBINS ADDITION
  • Land Acres: 1.38
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: S19 T20 R4 (ROBBINS ADDITION), PT E1/2 NE - BEG 1071 S NE COR NE, E326.83, S180, E327.13, N180 TO POB (TRACT E & F)

Ownership

  • Current Owner : WHEELER JAMES A
  • Previous Owner : LOVINS DEREK L
  • Previous Owner 2: LOVINS KELLY R
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Clinton Community Unit School District 15
  • Census Tract: 971500

Geography

  • District: 09
  • Subdivision Tract Number: E,F
  • Parcel: 09-19-245-019
  • Meridian: SEC 19 TWN 20 RNG 04
  • Municipality: DEWITT
  • Latitude: 40.1832
  • Longitude: -88.7837

    Address

  • Full Address: 502 Paris St
  • Address - House Number: 502
  • Address - Street Name: Paris
  • Address - Suffix Type: St
  • State: IL
  • City Name: Dewitt
  • Carrier Code: R007
  • 4-Digit Zip Code: 9504
  • Zip Code: 61735

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,234

    Appraisal Valuation

  • Standard Deviation: 0.2734
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 60
  • Final Value: 148,996
  • High Value: 189,746
  • Low Value: 108,247

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: IAA CU
  • First Open Lien Mortgage Recording Date: Aug 26, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $55,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $153,660
  • Market Land Value: $153,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,215
  • Assessed Land Value: $9,131
  • Assessed Improvements Value: $42,084

    Sales

  • Current Sale Contract Date: Aug 24, 2020
  • Current Sale Recording Date: Aug 26, 2020
  • Current Sale Transaction ID: 11784760932
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 257558

    Last Sale Mortgage

  • First Mortgage Lender: IAA CU
  • First Mortgage Transaction Date: Aug 26, 2020
  • First Mortgage Loan Amount: $55,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About De Witt



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Frequently Asked Questions

What neighborhood is 502 Paris Street located in?
The 502 Paris Street is a located in the neighborhood of De Witt in De Witt, Dewitt.
What is the average sales price for listings in 502 Paris Street?
The average sales price for units in 502 Paris Street is $0 currently.

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