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502 West 1st Street

502 West 1st Street, Homer, IL 61849
Property in South Homer
Sold Jun 25, 2018
$164,000
$169,412 by Usaa Fsb
Mortgage Due Jul 01, 2048
Sold Jul 18, 2012
$120,000
$96,000 by Midland States Bank
Mortgage Due Aug 01, 2027
502 West 1st Street in Homer, IL was first built in 1920 and is 104 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a a-frame style. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 502 West 1st Street has 1,266 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 1,266 sqft and has been categorized as a building with no basement. In total, the area measurement of the land is 18,731 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of materials that we aren't sure of. For those who need parking, there is a attached garage. The garage is 990 sqft. There are a total of 4 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. 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 wood. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. 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 West 1st Street was last sold in Jun 22, 2018 for $164,000. According to our calculations, that's $46.56 per sqft. Prior to that sales transaction, the property was sold for $120,000 in Jul 17, 2012. Current property owners are expected to pay $3,285 in taxes per year. The property on 502 West 1st Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $45,940. To break that down further, the land itself was valued at $7,510. While improvements to the property were assessed at a total of $38,430. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1920
  • Effective Year Built: 1920
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Wood
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Building with no basement
  • Basement Area: 1,266
  • Garage Type: Attached
  • Garage Square Area: 990
  • Parking Space Count: 4

    Dimensions

  • Lot Size Square Feet: 18,731
  • Total Building Area: 3,522
  • Gross Building Area: 3,522
  • Building Area: 1,266
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,266
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FITHIANS ADD
  • Land Acres: 0.43
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : THOMPSON CHRISTOPHER D
  • Current Owner 2: THOMPSON CHANTELLE R
  • Previous Owner : BAKER DAVID C
  • Previous Owner 2: BAKER MARY L
  • Owner Before Previous Owner: ROBARDS DENNIS CRAIG
  • Owner Before Previous Owner 2: ROBARDS PEGGY JEANE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Heritage Community Unit School District 8
  • School Tax School District: 101
  • Census Tract: 010800

Geography

  • District: 26
  • Parcel: 26-30-08-206-004
  • Meridian: SEC 08 TWN 18N RNG 14W
  • Municipality: SOUTH HOMER
  • Latitude: 40.0364
  • Longitude: -87.9633

    Address

  • Full Address: 502 W 1st St
  • Address - House Number: 502
  • Street Direction: W
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Homer
  • Carrier Code: C001
  • 4-Digit Zip Code: 1215
  • Zip Code: 61849

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,285
  • Tax Rate Code Area: 2650

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 204,908
  • High Value: 250,701
  • Low Value: 159,115

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $169,412
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Jun 25, 2018
  • First Open Lien Mortgage Loan Amount: $169,412
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2048

    Market Valuation

  • Market Total Value: $137,820
  • Market Land Value: $22,530
  • Market Improvement Value: $115,290

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,940
  • Assessed Land Value: $7,510
  • Assessed Improvements Value: $38,430

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 22, 2018
  • Current Sale Recording Date: Jun 25, 2018
  • Current Sale Transaction ID: 11476999968
  • Current Sale Price: $164,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018R10538
  • Previous Sale Recording Date: Jul 18, 2012
  • Previous Sale Contract Date: Jul 17, 2012
  • Previous Sale Amount: $120,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Jun 25, 2018
  • First Mortgage Loan Amount: $169,412
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jul 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: MIDLAND STATES BANK
  • Previous Mortgage Transaction Date: Jul 18, 2012
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $96,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2027

About Homer



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 502 West 1st Street located in?
The 502 West 1st Street is a located in the neighborhood of South Homer in Homer, Homer.
What is the average sales price for listings in 502 West 1st Street?
The average sales price for units in 502 West 1st Street is $0 currently.

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