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505 North Elizabeth Street

505 North Elizabeth Street, Colchester, IL 62326
Property in Colchester
Sold Mar 24, 2016
$104,000
$104,000 by Usaa Fsb
Mortgage Due Apr 01, 2046
505 North Elizabeth Street in Colchester, IL was first built in 1969 and is 55 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 3 are bedrooms. 505 North Elizabeth Street has 1,119 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. In total, the area measurement of the land is 10,872 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 288 sqft. There is one available parking space. The exterior walls of the home are made of alum/vinyl siding. 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, 505 North Elizabeth Street was last sold in Feb 23, 2016 for $104,000. According to our calculations, that's $92.94 per sqft. Current property owners are expected to pay $0 in taxes per year. The property on 505 North Elizabeth Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $35,251. To break that down further, the land itself was valued at $4,683. While improvements to the property were assessed at a total of $30,568. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 3
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 10,872
  • Total Building Area: 1,119
  • Building Area: 1,119
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,119
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CLOVERDALE SUB
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 15 & ALL ASSESSORS LOT 30 CLOVERDALE SUB DIV

Ownership

  • Current Owner : LITTLE ASHLEY
  • Previous Owner : SCANLAN CANDACE J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Prairie Community Unit School District 103
  • Census Tract: 011100

Geography

  • Parcel: 05-001-038-00
  • Lot: 15-30
  • Municipality: COLCHESTER
  • Latitude: 40.4301
  • Longitude: -90.7961

    Address

  • Full Address: 505 N Elizabeth St
  • Address - House Number: 505
  • Street Direction: N
  • Address - Street Name: Elizabeth
  • Address - Suffix Type: St
  • State: IL
  • City Name: Colchester
  • Carrier Code: R001
  • 4-Digit Zip Code: 1042
  • Zip Code: 62326

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 05002

    Appraisal Valuation

  • Standard Deviation: 0.0968
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 80
  • Final Value: 155,042
  • High Value: 170,060
  • Low Value: 140,023

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $104,000
  • First Open Lien Mortgage Lender: USAA FSB
  • First Open Lien Mortgage Recording Date: Mar 24, 2016
  • First Open Lien Mortgage Loan Amount: $104,000
  • 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: Apr 01, 2046

    Market Valuation

  • Market Total Value: $105,753
  • Market Land Value: $14,049
  • Market Improvement Value: $91,704

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,251
  • Assessed Land Value: $4,683
  • Assessed Improvements Value: $30,568

    Sales

  • Current Sale Contract Date: Feb 23, 2016
  • Current Sale Recording Date: Mar 24, 2016
  • Current Sale Transaction ID: 1490626251
  • Current Sale Price: $104,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016-0755

    Last Sale Mortgage

  • First Mortgage Lender: USAA FSB
  • First Mortgage Transaction Date: Mar 24, 2016
  • First Mortgage Loan Amount: $104,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Apr 01, 2046

About Colchester



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Frequently Asked Questions

What neighborhood is 505 North Elizabeth Street located in?
The 505 North Elizabeth Street is a located in the neighborhood of Colchester in Colchester, Colchester.
What is the average sales price for listings in 505 North Elizabeth Street?
The average sales price for units in 505 North Elizabeth Street is $0 currently.

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