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506 South Franklin Street

506 South Franklin Street, Clayton, IL 62324
Property in Clayton
Sold Sep 12, 2019
$109,000
$98,100 by Farmers State Bank & Trust Co
Mortgage
Sold Oct 29, 2018
$62,500
Local assessors in Clayton, IL have categorized 506 South Franklin Street as a residential type of property. The property's lot size has been calculated to be 9,845 square feet.

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. The property was last sold in Sep 6, 2019 for $109,000. Prior to that sales transaction, the property was also sold in Oct 9, 2018 for $62,500. 506 South Franklin Street was last assessed in 2022. The total value of the property was assessed at $38,400. Specifically, the land the property is located on was valued at $1,890. While improvements on the property were assessed at a total of $36,510. 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 $2,294. The initial tax year of delinquency was in 2021. 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! 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

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

    Dimensions

  • Lot Size Square Feet: 9,845
  • Lot Size Frontage Feet: 0
  • 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: Residential
  • Land Acres: 0.226
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: W 1/2 SEC 34 1N5W CORP LANDS BEG 412.6FT E NW COR S 77 E 128 N 77 W 128 PT NW SE SEC 34

Ownership

  • Current Owner : CROOK LARRY J
  • Current Owner 2: CROOK BONNIE L
  • Previous Owner : KAY HAPKE LISA
  • Owner Before Previous Owner: AMERIHOME MORTGAGE COMPANY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Camp Point Community Unit School District 3
  • Census Tract: 010200

Geography

  • District: 1
  • Section: 34
  • Parcel: 010084200000
  • Meridian: SEC 34 TWN 01N RNG 05W
  • Municipality: CLAYTON
  • Latitude: 40.0256
  • Longitude: -90.9607

    Address

  • Full Address: 506 S Franklin St
  • Address - House Number: 506
  • Street Direction: S
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: IL
  • City Name: Clayton
  • Carrier Code: R012
  • 4-Digit Zip Code: 1305
  • Zip Code: 62324

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,294
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 1005

    Appraisal Valuation

  • Standard Deviation: 0.1901
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 74
  • Final Value: 150,142
  • High Value: 178,685
  • Low Value: 121,598

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $98,100
  • First Open Lien Mortgage Lender: FARMERS STATE BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Sep 12, 2019
  • First Open Lien Mortgage Loan Amount: $98,100
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $115,200
  • Market Land Value: $5,670
  • Market Improvement Value: $109,530

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,400
  • Assessed Land Value: $1,890
  • Assessed Improvements Value: $36,510

    Sales

  • Current Sale Contract Date: Sep 06, 2019
  • Current Sale Recording Date: Sep 12, 2019
  • Current Sale Transaction ID: 11727121246
  • Current Sale Price: $109,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6091
  • Previous Sale Recording Date: Oct 29, 2018
  • Previous Sale Contract Date: Oct 09, 2018
  • Previous Sale Amount: $62,500
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS STATE BANK & TRUST CO
  • First Mortgage Transaction Date: Sep 12, 2019
  • First Mortgage Loan Amount: $98,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Clayton



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Frequently Asked Questions

What neighborhood is 506 South Franklin Street located in?
The 506 South Franklin Street is a located in the neighborhood of Clayton in Clayton, Clayton.
What is the average sales price for listings in 506 South Franklin Street?
The average sales price for units in 506 South Franklin Street is $0 currently.

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