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502 State Street

502 State Street, Alton, IL 62002
Property in Alton
Sold Jun 15, 2006
$92,000
$79,200 by Midwest Bank Centre
Mortgage Due Nov 01, 2026
Local assessors in Alton, IL have categorized 502 State Street as a residential type of property. The home was built in 1890 and is 134 years old. The property's lot size has been calculated to be 3,280 square feet. The linear feet between the front and back of the lot was measured at 800 ft and the front of the lot was measured at 410 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 502 State Street has a total of 1,440 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of materials that we aren't sure of. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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 State Street sold most recently in Jun 12, 2006 for a total of $92,000. If you work out the math, that's approximately a cost of $144.65 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 $2,364 in taxes each year. 502 State Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $32,950. If we break it down further, the land itself was valued at $1,300. Improvements to the property, however, were assessed at a total of $31,650. 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. 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!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: 1890
  • Effective Year Built: 1890
  • Building Count: 2
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 3,280
  • Lot Size Depth Feet: 800
  • Lot Size Frontage Feet: 410
  • Total Building Area: 636
  • Gross Building Area: 636
  • Building Area: 636
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GODFREY & GILMANS ADDN
  • Land Acres: 0.75
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N 15 FT LT 4 S 26 FT LT 5 BLK 94 GODFREY & GILMAN

Ownership

  • Current Owner : MERKLE ANDREW
  • Current Owner 2: BATCHELOR MELISSA
  • Previous Owner : KORTE SHEILA M

Neighborhood

  • School District Name: Alton Community Unit School District 11
  • School Tax School District: 028
  • Census Tract: 402300

Geography

  • District: 23
  • Parcel: 23-2-07-11-18-302-029
  • Lot: 4
  • Municipality: ALTON
  • Latitude: 38.8929
  • Longitude: -90.1886

    Address

  • Full Address: 502a State St
  • Address - House Number: 502a
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: IL
  • City Name: Alton
  • Carrier Code: C001
  • 4-Digit Zip Code: 6138
  • Zip Code: 62002

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,364
  • Tax Rate Code Area: 200

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 237,081
  • High Value: 333,100
  • Low Value: 141,061

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $163,605
  • First Open Lien Mortgage Lender: MIDWEST BANK CENTRE
  • First Open Lien Mortgage Recording Date: Nov 10, 2011
  • First Open Lien Mortgage Loan Amount: $79,200
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2026
  • Second Open Lien Mortgage Lender: COUNTRYWIDE BANK FSB
  • Second Open Lien Mortgage Recording Date: Jun 09, 2009
  • Second Open Lien Mortgage Loan Amount: $84,405
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • Second Open Lien Mortgage Loan Due Date: May 01, 2039

    Market Valuation

  • Market Total Value: $98,949
  • Market Land Value: $3,904
  • Market Improvement Value: $95,045

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $32,950
  • Assessed Land Value: $1,300
  • Assessed Improvements Value: $31,650

    Sales

  • Current Sale Contract Date: Jun 12, 2006
  • Current Sale Recording Date: Jun 15, 2006
  • Current Sale Transaction ID: 11476685883
  • Current Sale Price: $92,000
  • Current Sale Document Type: Joint Tenancy Deed
  • Current Sale Input Document Number: 2006R30478

    Last Sale Mortgage

  • First Mortgage Lender: TAYLOR BEAN & WHITAKER MORTGAG
  • First Mortgage Transaction Date: Jun 15, 2006
  • First Mortgage Loan Amount: $85,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Jul 01, 2036

About Alton



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Frequently Asked Questions

What neighborhood is 502 State Street located in?
The 502 State Street is a located in the neighborhood of Alton in Alton, Alton.
What is the average sales price for listings in 502 State Street?
The average sales price for units in 502 State Street is $0 currently.

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