Check Availability

504 East Gale Street

504 East Gale Street, Williamsfield, IL 61489
Property in Truro
Sold Aug 27, 2021
$75,000
$73,641 by Arc Hm Lns Llc
Mortgage Due Sep 01, 2051
Sold Jun 20, 2014
$62,000
$65,102 by Brimfield Bk
Mortgage Due Jul 01, 2044
Local assessors in Williamsfield, IL have categorized 504 East Gale 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 14,358 square feet. 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 504 East Gale Street has a total of 672 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 384 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. 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, 504 East Gale Street was last sold in Aug 27, 2021 for $75,000. According to our calculations, that's $111.61 per sqft. Prior to that sales transaction, the property was sold for $62,000 in Jun 20, 2014. Current property owners are expected to pay $2,109 in taxes per year. The property on 504 East Gale Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $24,880. To break that down further, the land itself was valued at $1,590. While improvements to the property were assessed at a total of $23,290. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1890
  • Effective Year Built: 1890
  • Bedroom Count: 0
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 672
  • Garage Type: Garage
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 14,358
  • Lot Size Frontage Feet: 0
  • Total Building Area: 672
  • Building Area: 672
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 672
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FROSTS ADDN
  • Land Acres: 0.329
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FROSTS ADDN LOTS 1 2 3 & 4 BLK 18 VILLAGE OF WILLIAMSFIELD

Ownership

  • Current Owner : SHORES LUKASZ E
  • Previous Owner : SNODGRASS PHILLIP A
  • Previous Owner 2: SNODGRASS LINDSEY L
  • Owner Before Previous Owner: SMITH RANDY M
  • Owner Before Previous Owner 2: SMITH TINA J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Williamsfield Community Unit School District 210
  • Census Tract: 001600

Geography

  • District: 12
  • Parcel: 12-23-407-001
  • Block: 18
  • Lot: 1-4
  • Municipality: TRURO
  • Latitude: 40.9223
  • Longitude: -90.013

    Address

  • Full Address: 504 E Gale St
  • Address - House Number: 504
  • Street Direction: E
  • Address - Street Name: Gale
  • Address - Suffix Type: St
  • State: IL
  • City Name: Williamsfield
  • Carrier Code: R777
  • 4-Digit Zip Code: 5429
  • Zip Code: 61489

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,109
  • Tax Rate Code Area: 237

    Appraisal Valuation

  • Standard Deviation: 0.1788
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 76
  • Final Value: 71,005
  • High Value: 83,708
  • Low Value: 58,302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $73,641
  • First Open Lien Mortgage Lender: ARC HM LNS LLC
  • First Open Lien Mortgage Recording Date: Aug 27, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $73,641
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $74,640
  • Market Land Value: $4,770
  • Market Improvement Value: $69,870

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,880
  • Assessed Land Value: $1,590
  • Assessed Improvements Value: $23,290

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Aug 27, 2021
  • Current Sale Transaction ID: 11897803767
  • Current Sale Price: $75,000
  • Current Sale Document Type: Transfer on Death Deed
  • Previous Sale Recording Date: Jun 20, 2014
  • Previous Sale Contract Date: Jun 20, 2014
  • Previous Sale Amount: $62,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARC HM LNS LLC
  • First Mortgage Transaction Date: Aug 27, 2021
  • First Mortgage Loan Amount: $73,641
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: BRIMFIELD BK
  • Previous Mortgage Transaction Date: Jun 20, 2014
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $65,102
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2044

About Williamsfield



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 504 East Gale Street located in?
The 504 East Gale Street is a located in the neighborhood of Truro in Williamsfield, Williamsfield.
What is the average sales price for listings in 504 East Gale Street?
The average sales price for units in 504 East Gale Street is $0 currently.

Quantcast