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507 West 3rd Street

507 West 3rd Street, Spring Valley, IL 61362
Property in Hall
Sold Jun 22, 2015
$83,000
$63,000 by Financial Plus Credit Union
Mortgage Due Jun 18, 2035
Local assessors in Spring Valley, IL have categorized 507 West 3rd Street as a residential type of property. The property's lot size has been calculated to be 14,560 square feet. The linear feet between the front and back of the lot was measured at 2,600 ft and the front of the lot was measured at 560 ft.

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. 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, 507 West 3rd Street was last sold in Jun 18, 2015 for $83,000. Current property owners are expected to pay $4,195 in taxes per year. The property on 507 West 3rd Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $43,607. To break that down further, the land itself was valued at $4,131. While improvements to the property were assessed at a total of $39,476. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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

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

    Dimensions

  • Lot Size Square Feet: 14,560
  • Lot Size Depth Feet: 2,600
  • Lot Size Frontage Feet: 560
  • 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: GREENWOODS ADD
  • Land Acres: 0.334
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPRING VALLEY-GREENWOODS ADD.E 6 L 5 & L 4-13 BLK 132 (56X260 IRREG.)D 20-1094 TOD

Ownership

  • Current Owner : PHILLIPS THOMAS
  • Current Owner 2: PHILLIPS MARY LOU
  • Previous Owner : MAJCHRZAK RODNEY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Et al (and others)

Neighborhood

  • School District Name: Spring Valley Community Consolidated School District 99
  • Census Tract: 965100

Geography

  • Account Number: 1834254004
  • District: 18
  • Parcel: 18-34-254-004
  • Block: 132
  • Meridian: SEC 34 TWN 16 RNG 11
  • Municipality: HALL
  • Latitude: 41.3302
  • Longitude: -89.2074

    Address

  • Full Address: 507 W 3rd St
  • Address - House Number: 507
  • Street Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Spring Valley
  • Carrier Code: C003
  • 4-Digit Zip Code: 1208
  • Zip Code: 61362

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,195
  • Tax Rate Code Area: 18005

    Appraisal Valuation

  • Standard Deviation: 0.1197
  • Valuation Date: May 31, 2023
  • Confidence Score: 76
  • Final Value: 85,645
  • High Value: 95,903
  • Low Value: 75,386

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $63,000
  • First Open Lien Mortgage Lender: FINANCIAL PLUS CREDIT UNION
  • First Open Lien Mortgage Recording Date: Jun 22, 2015
  • First Open Lien Mortgage Loan Amount: $63,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 18, 2035

    Market Valuation

  • Market Total Value: $130,821
  • Market Land Value: $12,393
  • Market Improvement Value: $118,428

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,607
  • Assessed Land Value: $4,131
  • Assessed Improvements Value: $39,476

    Sales

  • Current Sale Contract Date: Jun 18, 2015
  • Current Sale Recording Date: Jun 22, 2015
  • Current Sale Transaction ID: 1213409973
  • Current Sale Price: $83,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2015R02455

    Last Sale Mortgage

  • First Mortgage Lender: FINANCIAL PLUS CREDIT UNION
  • First Mortgage Transaction Date: Jun 22, 2015
  • First Mortgage Loan Amount: $63,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 18, 2035

About Spring Valley



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 507 West 3rd Street located in?
The 507 West 3rd Street is a located in the neighborhood of Hall in Spring Valley, Spring Valley.
What is the average sales price for listings in 507 West 3rd Street?
The average sales price for units in 507 West 3rd Street is $0 currently.

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