Check Availability

502 West Strain Street

502 West Strain Street, Sullivan, IL 61951
Property in Sullivan
Sold Jun 01, 2021
$65,000
$63,822 by Quicken Loans Inc
Mortgage
Local assessors in Sullivan, IL have categorized 502 West Strain Street as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 10,846 square feet. The linear feet between the front and back of the lot was measured at 900 ft and the front of the lot was measured at 1,000 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 West Strain Street has a total of 1,040 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,040 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 520 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is unsound. 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 gable style roof that was made of asphalt. Lots of materials we are unsure of were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jun 1, 2021 for $65,000. That's $62.50 per sqft. 502 West Strain Street was last assessed in 2022. The total value of the property was assessed at $24,485. Specifically, the land the property is located on was valued at $5,827. While improvements on the property were assessed at a total of $18,658. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,702. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Unsound
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Other
  • Interior Walls Type: Plaster
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Tile
  • Basement Type: Full basement
  • Basement Area: 1,040
  • Garage Type: Attached
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,846
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELIZABETH TITUS ADD
  • Land Acres: 0.249
  • Standard Land Use Code: Single family residential
  • Legal Description 1: S1/2 L7,8 B7 , TITUS ADD, 6-1-21 314312

Ownership

  • Current Owner : HILL JUSTIN
  • Previous Owner : MCKINZIE PATRICIA K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Sullivan Community Unit School District 300
  • Census Tract: 977200

Geography

  • Parcel: 08-08-02-218-006
  • Block: 7
  • Lot: 7
  • Meridian: SEC 02 TWN 13 RNG 05
  • Municipality: SULLIVAN
  • Latitude: 39.6032
  • Longitude: -88.6124

    Address

  • Full Address: 502 W Strain St
  • Address - House Number: 502
  • Street Direction: W
  • Address - Street Name: Strain
  • Address - Suffix Type: St
  • State: IL
  • City Name: Sullivan
  • Carrier Code: C001
  • 4-Digit Zip Code: 1352
  • Zip Code: 61951

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,702
  • Tax Rate Code Area: 897

    Appraisal Valuation

  • Standard Deviation: 0.1393
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 100,686
  • High Value: 114,720
  • Low Value: 86,651

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,822
  • First Open Lien Mortgage Lender: QUICKEN LOANS INC
  • First Open Lien Mortgage Recording Date: Jun 01, 2021
  • First Open Lien Mortgage Loan Amount: $63,822
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $73,455
  • Market Land Value: $17,481
  • Market Improvement Value: $55,974

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,485
  • Assessed Land Value: $5,827
  • Assessed Improvements Value: $18,658

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2021
  • Current Sale Recording Date: Jun 01, 2021
  • Current Sale Transaction ID: 11836580932
  • Current Sale Price: $65,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 314312

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS INC
  • First Mortgage Transaction Date: Jun 01, 2021
  • First Mortgage Loan Amount: $63,822
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Sullivan



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

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

Quantcast