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509 South Ward Street

509 South Ward Street, Macomb, IL 61455
Property in Macomb City
Sold Jun 22, 2018
$75,000
$56,250 by Morton Community Bank
Mortgage Due Jul 01, 2048
Sold Mar 17, 2017
$17,000
509 South Ward Street in Macomb, IL was first built in 1954 and is 70 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 0 rooms in the home, of which, 2 are bedrooms. 509 South Ward Street has 925 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 6,979 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. The garage is 275 sqft. There is one available parking space. The exterior walls of the home are made of materials we are unsure of. The property was last sold in Jun 12, 2018 for $75,000. That's $81.08 per sqft. Prior to that sales transaction, the property was also sold in Mar 10, 2017 for $17,000. 509 South Ward Street was last assessed in 2022. The total value of the property was assessed at $19,216. Specifically, the land the property is located on was valued at $3,716. While improvements on the property were assessed at a total of $15,500. 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 $2,271. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Bedroom Count: 2
  • Exterior Walls Type: Other
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 275
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,979
  • Total Building Area: 925
  • Building Area: 925
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 925
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BARSI SUB
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOTS 43 & 44 BARSI SUB

Ownership

  • Current Owner : PINSON BRIDJET RAE
  • Previous Owner : FOXALL JOBY R
  • Previous Owner 2: FOXALL STACY A
  • Owner Before Previous Owner: JESSEN GERALD L
  • Owner Before Previous Owner 2: JESSEN LAVON C

Neighborhood

  • School District Name: Macomb Community Unit School District 185
  • Census Tract: 010900

Geography

  • Parcel: 11-400-973-00
  • Lot: 43-44
  • Municipality: MACOMB CITY
  • Latitude: 40.4539
  • Longitude: -90.6851

    Address

  • Full Address: 509 S Ward St
  • Address - House Number: 509
  • Street Direction: S
  • Address - Street Name: Ward
  • Address - Suffix Type: St
  • State: IL
  • City Name: Macomb
  • Carrier Code: C019
  • 4-Digit Zip Code: 2765
  • Zip Code: 61455

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,271
  • Tax Rate Code Area: 11001

    Appraisal Valuation

  • Standard Deviation: 0.0968
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 80
  • Final Value: 87,604
  • High Value: 96,090
  • Low Value: 79,117

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $56,250
  • First Open Lien Mortgage Lender: MORTON COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Jun 22, 2018
  • First Open Lien Mortgage Loan Amount: $56,250
  • 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, 2048

    Market Valuation

  • Market Total Value: $57,648
  • Market Land Value: $11,148
  • Market Improvement Value: $46,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,216
  • Assessed Land Value: $3,716
  • Assessed Improvements Value: $15,500

    Sales

  • Current Sale Contract Date: Jun 12, 2018
  • Current Sale Recording Date: Jun 22, 2018
  • Current Sale Transaction ID: 11477789209
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-1512
  • Previous Sale Recording Date: Mar 17, 2017
  • Previous Sale Contract Date: Mar 10, 2017
  • Previous Sale Amount: $17,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MORTON COMMUNITY BANK
  • First Mortgage Transaction Date: Jun 22, 2018
  • First Mortgage Loan Amount: $56,250
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2048

About Macomb



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Frequently Asked Questions

What neighborhood is 509 South Ward Street located in?
The 509 South Ward Street is a located in the neighborhood of Macomb City in Macomb, Macomb.
What is the average sales price for listings in 509 South Ward Street?
The average sales price for units in 509 South Ward Street is $0 currently.

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