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505 Palestine Road

505 Palestine Road, Stonefort, IL 62987
Property in Independence
This has been categorized as a vacant property type. In total, the area measurement of the land is 871,200 square feet.

Learn more about the property and building on this page. 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, 505 Palestine Road sold most recently in Nov 24, 2020 for a total of $25,000. 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 $233 in taxes each year. The initial year of tax delinquency occurred in 2022. 505 Palestine Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $3,090. If we break it down further, the land itself was valued at $3,090. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 871,200
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Vacant
  • Land Acres: 20
  • Standard Land Use Code: Residential-vacant land
  • Legal Description 1: S30,T10,R06 ,QNE,L ,B S1/2 NW1/4 NE1/4 2201/456 11/2020 W/D 11-30-200-002-0030

Ownership

  • Current Owner : COX JESSICA
  • Current Owner 2: RAY EDWIN E
  • Previous Owner : GULLEY JERRY L
  • Previous Owner 2: ISOM SHARON A

Neighborhood

  • Census Tract: 956200

Geography

  • District: 7
  • Parcel: 07-1-135-02
  • Meridian: SEC 30 TWN 10 RNG 06
  • Municipality: INDEPENDENCE
  • Latitude: 37.6258
  • Longitude: -88.5853

    Address

  • Full Address: 505 Palestine Rd
  • Address - House Number: 505
  • Address - Street Name: Palestine
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Stonefort
  • Zip Code: 62987

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $233
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 07003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $186,840
  • First Open Lien Mortgage Lender: FARM CREDIT MID AMERICA FLCA
  • First Open Lien Mortgage Recording Date: Nov 25, 2020
  • First Open Lien Mortgage Loan Amount: $186,840
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2040

    Market Valuation

  • Market Total Value: $9,270
  • Market Land Value: $9,270

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $3,090
  • Assessed Land Value: $3,090

    Sales

  • Current Sale Contract Date: Nov 24, 2020
  • Current Sale Recording Date: Nov 25, 2020
  • Current Sale Transaction ID: 11807946339
  • Current Sale Price: $25,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 275532

    Last Sale Mortgage

  • First Mortgage Lender: FARM CREDIT MID AMERICA FLCA
  • First Mortgage Transaction Date: Nov 25, 2020
  • First Mortgage Loan Amount: $186,840
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Dec 01, 2040

About Saline



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Frequently Asked Questions

What neighborhood is 505 Palestine Road located in?
The 505 Palestine Road is a located in the neighborhood of Independence in Saline, Stonefort.
What is the average sales price for listings in 505 Palestine Road?
The average sales price for units in 505 Palestine Road is $0 currently.

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