Check Availability

507 South Alexander Street

507 South Alexander Street, Atlanta, IL 61723
House in Atlanta
Sold Aug 02, 2023
$100,000
$98,188 by First Centennial Mtg Co Ltd
Mortgage
Sold Sep 10, 2019
$53,500
$42,720 by Atlanta National Bank
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 9,583 square feet.

Learn more about the property and building on this page. The property was last sold in Aug 1, 2023 for $100,000. Prior to that sales transaction, the property was also sold in Sep 4, 2019 for $53,500. 507 South Alexander Street was last assessed in 2022. The total value of the property was assessed at $18,620. Specifically, the land the property is located on was valued at $3,580. While improvements on the property were assessed at a total of $15,040. 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 $1,047. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Features

Exterior

Vinyl Siding
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: 9,583
  • 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
  • Subdivision: DRULEY'S ADD
  • Land Acres: 0.22
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 5-1058 S 72 FT LOT 3 DRULEY'S ADDN TO ATLANTA.

Ownership

  • Current Owner : BENEDICT LYLE EUGENE
  • Previous Owner : DAVIS KEVIN R
  • Previous Owner 2: DAVIS KELLY D
  • Owner Before Previous Owner: VANHOORN MARVIN D
  • Owner Before Previous Owner 2: VANHOORN TARA L
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: III

Neighborhood

  • School District Name: Olympia Community Unit School District 16
  • Census Tract: 952900

Geography

  • District: 05
  • Parcel: 05-600-010-00
  • Lot: 3
  • Municipality: ATLANTA
  • Latitude: 40.2587
  • Longitude: -89.2324

    Address

  • Full Address: 507 S Alexander St
  • Address - House Number: 507
  • Street Direction: S
  • Address - Street Name: Alexander
  • Address - Suffix Type: St
  • State: IL
  • City Name: Atlanta
  • Carrier Code: R002
  • 4-Digit Zip Code: 7530
  • Zip Code: 61723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,047
  • Tax Rate Code Area: 05002

    Appraisal Valuation

  • Standard Deviation: 0.1168
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 87
  • Final Value: 91,543
  • High Value: 102,240
  • Low Value: 80,846

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $108,188
  • First Open Lien Mortgage Lender: FIRST CENTENNIAL MTG CO LTD
  • First Open Lien Mortgage Recording Date: Aug 02, 2023
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $98,188
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: ILLINOIS HOUSING DEV AUTHORITY
  • Second Open Lien Mortgage Recording Date: Aug 02, 2023
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $10,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $55,860
  • Market Land Value: $10,740
  • Market Improvement Value: $45,120

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,620
  • Assessed Land Value: $3,580
  • Assessed Improvements Value: $15,040

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 01, 2023
  • Current Sale Recording Date: Aug 02, 2023
  • Current Sale Transaction ID: 11911173002
  • Current Sale Price: $100,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023002517
  • Previous Sale Recording Date: Sep 10, 2019
  • Previous Sale Contract Date: Sep 04, 2019
  • Previous Sale Amount: $53,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST CENTENNIAL MTG CO LTD
  • First Mortgage Transaction Date: Aug 02, 2023
  • First Mortgage Loan Amount: $98,188
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: ATLANTA NATIONAL BANK
  • Previous Mortgage Transaction Date: Sep 10, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $42,720
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Atlanta



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 507 South Alexander Street located in?
The 507 South Alexander Street is a house located in the neighborhood of Atlanta in Atlanta, Atlanta.
What is the average sales price for listings in 507 South Alexander Street?
The average sales price for units in 507 South Alexander Street is $0 currently.

Quantcast