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507 West Pearl Street

507 West Pearl Street, Thomasboro, IL 61878
Property in Rantoul
Sold Oct 31, 2008
$46,000
Local assessors in Thomasboro, IL have categorized 507 West Pearl Street as a residential type of property. The home was built in 1973 and is 51 years old. The property's lot size has been calculated to be 10,970 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

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. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 576 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of materials that we aren't sure of. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Oct 29, 2008 for $46,000. That's $27.41 per sqft. 507 West Pearl Street was last assessed in 2022. The total value of the property was assessed at $16,820. Specifically, the land the property is located on was valued at $4,820. While improvements on the property were assessed at a total of $12,000. 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 $888. The initial tax year of delinquency was in 2018. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,970
  • Total Building Area: 1,678
  • Building Area: 1,678
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHLUTERS 4TH SUB
  • Land Acres: 0.252
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 62 SCHLUTERS 4TH SUB

Ownership

  • Current Owner : FRIEMEL RICHARD D
  • Current Owner 2: FRIEMEL SHIRLEY A
  • Previous Owner : BURRELL VELMA E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Thomasboro Community Consolidated School District 130
  • School Tax School District: 101
  • Census Tract: 010400

Geography

  • District: 20
  • Parcel: 20-09-28-305-007
  • Lot: 62
  • Meridian: SEC 28 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.2427
  • Longitude: -88.1909

    Address

  • Full Address: 507 W Morris St
  • Address - House Number: 507
  • Street Direction: W
  • Address - Street Name: Morris
  • Address - Suffix Type: St
  • State: IL
  • City Name: Thomasboro
  • Carrier Code: R078
  • 4-Digit Zip Code: 9751
  • Zip Code: 61878

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $888
  • Intital Tax Deliquent Year: 2018
  • Tax Rate Code Area: 2002

    Appraisal Valuation

  • Standard Deviation: 0.2682
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 61
  • Final Value: 74,744
  • High Value: 94,796
  • Low Value: 54,692

    Market Valuation

  • Market Total Value: $50,460
  • Market Land Value: $14,460
  • Market Improvement Value: $36,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,820
  • Assessed Land Value: $4,820
  • Assessed Improvements Value: $12,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 29, 2008
  • Current Sale Recording Date: Oct 31, 2008
  • Current Sale Transaction ID: 1176003842
  • Current Sale Price: $46,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2008R27702

About Thomasboro



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Frequently Asked Questions

What neighborhood is 507 West Pearl Street located in?
The 507 West Pearl Street is a modular home located in the neighborhood of Rantoul in Thomasboro, Thomasboro.
What is the average sales price for listings in 507 West Pearl Street?
The average sales price for units in 507 West Pearl Street is $0 currently.

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