Check Availability

507 North Charles Street

507 North Charles Street, Cortland, IL 60112
Sold Jun 20, 2023
$196,000
$156,800 by Guild Mortgage Company Llc
Mortgage Due Jul 01, 2053
Sold Sep 17, 2019
$125,000
$106,250 by Finance Of America Mortgage Ll
Mortgage Due Oct 01, 2049
507 North Charles Street in Cortland, IL was first built in 2002 and is 22 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a townhouse style. This is a single bedroom home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. The linear feet across the front of the lot is 590 ft and the linear feet between the front and back of the lot is 506. In total, the area measurement of the land is 2,985 square feet.

Learn more about the property and building on this page. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a attached garage. The garage is 240 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of alum/vinyl siding. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a forced air unit. 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, 507 North Charles Street sold most recently in Jun 13, 2023 for a total of $196,000. If you work out the math, that's approximately a cost of $272.22 per sqft. Before that, the property was also sold for $125,000 in Aug 20, 2019. 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 $3,963 in taxes each year. 507 North Charles Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $47,965. If we break it down further, the land itself was valued at $4,931. Improvements to the property, however, were assessed at a total of $43,034. 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.

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 1
  • Bedroom Count: 1
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Townhouse
  • Exterior Walls Type: Alum/Vinyl siding
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 240
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 2,985
  • Lot Size Depth Feet: 506
  • Lot Size Frontage Feet: 590
  • Total Building Area: 720
  • Building Area: 720
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: CHARLES STREET TOWNHOMES
  • Land Acres: 0.69
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 202 - CHARLES STREET TOWNHOMES - UNIT 2

Ownership

  • Current Owner : NAGLER NAGLER RACHEL RACHE RACHEL RACHE
  • Previous Owner : SCHULER HILL BRITTANY A
  • Previous Owner 2: SCHULER NATHANIEL B
  • Owner Before Previous Owner: HARKINS MELISSA
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 000800

Geography

  • Account Number: 0920102014
  • District: CO
  • Parcel: 09-20-102-014
  • Lot: 202
  • Municipality: CORTLAND
  • Latitude: 41.936
  • Longitude: -88.6966

    Address

  • Full Address: 507 N Charles St
  • Legal Unit: 2
  • Address - House Number: 507
  • Street Direction: N
  • Address - Street Name: Charles
  • Address - Suffix Type: St
  • State: IL
  • City Name: Cortland
  • Carrier Code: R010
  • 4-Digit Zip Code: 4110
  • Zip Code: 60112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,963
  • Tax Rate Code Area: CO09

    Appraisal Valuation

  • Standard Deviation: 0.193
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 74
  • Final Value: 193,245
  • High Value: 230,552
  • Low Value: 155,937

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,800
  • First Open Lien Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Open Lien Mortgage Recording Date: Jun 20, 2023
  • First Open Lien Mortgage Loan Amount: $156,800
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2053

    Market Valuation

  • Market Total Value: $143,895
  • Market Land Value: $14,793
  • Market Improvement Value: $129,102

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $47,965
  • Assessed Land Value: $4,931
  • Assessed Improvements Value: $43,034

    Sales

  • Current Sale Contract Date: Jun 13, 2023
  • Current Sale Recording Date: Jun 20, 2023
  • Current Sale Transaction ID: 11908478742
  • Current Sale Price: $196,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4156
  • Previous Sale Recording Date: Sep 17, 2019
  • Previous Sale Contract Date: Aug 20, 2019
  • Previous Sale Amount: $125,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: GUILD MORTGAGE COMPANY LLC
  • First Mortgage Transaction Date: Jun 20, 2023
  • First Mortgage Loan Amount: $156,800
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • Previous Mortgage Transaction Date: Sep 17, 2019
  • Previous Mortgage Loan Amount: $106,250
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2049

About Gainger of Cortland Estates



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 1563 Reserve Lane, DeKalb, IL, 60115

$2,200 /mo

  • 2 Beds
  • 2 Baths
  • 1,488 ft²
1563 Reserve Lane, DeKalb, IL, 60115 Listing by John Szymczak

Frequently Asked Questions

What neighborhood is 507 North Charles Street located in?
The 507 North Charles Street is a located in the neighborhood of Gainger of Cortland Estates in Gainger of Cortland Estates, Cortland.
What is the average sales price for listings in 507 North Charles Street?
The average sales price for units in 507 North Charles Street is $0 currently.

Nearby Counties
Quantcast