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511 West Cherokee St~

511 West Cherokee St~, Morrisonville, IL 62546
Property in Ricks
Sold Nov 01, 2013
$110,000
$110,267 by Bank & Trust Co
Mortgage Due Nov 01, 2028
Sold Oct 19, 2005
$4,000
$10,000 by Bank & Trust Co
Mortgage
511 West Cherokee St~ in Morrisonville, IL was first built in 1953 and is 71 years old. Although, the building on the property was most recently renovated and altered in 1975. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. There are 3 partial bathrooms. 511 West Cherokee St~ has 1,440 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. The linear feet across the front of the lot is 1,375 ft and the linear feet between the front and back of the lot is 1,160. In total, the area measurement of the land is 52,577 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. The garage is 528 sqft. There are a total of 2 available parking spaces. The exterior walls of the home are made of brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 511 West Cherokee St~ was last sold in Nov 1, 2013 for $110,000. According to our calculations, that's $76.39 per sqft. Prior to that sales transaction, the property was sold for $4,000 in Sep 28, 2005. Current property owners are expected to pay $2,158 in taxes per year. The property on 511 West Cherokee St~ was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $40,395. To break that down further, the land itself was valued at $9,758. While improvements to the property were assessed at a total of $30,637. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

  • Year Built: 1953
  • Effective Year Built: 1975
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 1,440
  • Garage Type: Detached
  • Garage Square Area: 528
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 52,577
  • Lot Size Depth Feet: 1,160
  • Lot Size Frontage Feet: 1,375
  • Total Building Area: 1,440
  • Building Area: 1,440
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 1,440
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 1.207
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: BG 481.5E NW COR SW1/4 SE1/4 TH S300' POB E150' N25' E116' S137.50' W133' S148.50' W133' N261' TO POB 137.50X116' & 133X261 & 17X112.5 1996R05870 1995R02770 1994R02760 130073.001 22-06-G

Ownership

  • Current Owner : DENNISON DONALD A
  • Current Owner 2: DENNISON PATRICIA A
  • Previous Owner : BECK MARY LOUISE
  • Owner Before Previous Owner: BECK JOHN W
  • Owner Before Previous Owner 2: BECK MARY L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Morrisonville Community Unit School District 1
  • Census Tract: 959000

Zoning

  • Zoning: R-1

Geography

  • District: 13
  • Parcel: 13-22-06-402-005-00
  • Meridian: SEC 06 TWN 11 RNG 03W
  • Municipality: RICKS
  • Latitude: 39.4238
  • Longitude: -89.4658

    Address

  • Full Address: 511 W Cherokee St
  • Address - House Number: 511
  • Street Direction: W
  • Address - Street Name: Cherokee
  • Address - Suffix Type: St
  • State: IL
  • City Name: Morrisonville
  • Carrier Code: R041
  • 4-Digit Zip Code: 6766
  • Zip Code: 62546

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,158
  • Tax Rate Code Area: 00415

    Appraisal Valuation

  • Standard Deviation: 0.2593
  • Valuation Date: Nov 15, 2023
  • Confidence Score: 63
  • Final Value: 175,315
  • High Value: 220,777
  • Low Value: 129,853

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $110,267
  • First Open Lien Mortgage Lender: BANK & TRUST CO
  • First Open Lien Mortgage Recording Date: Nov 01, 2013
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $110,267
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2028

    Market Valuation

  • Market Total Value: $121,185
  • Market Land Value: $29,274
  • Market Improvement Value: $91,911

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,395
  • Assessed Land Value: $9,758
  • Assessed Improvements Value: $30,637

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 2013
  • Current Sale Recording Date: Nov 01, 2013
  • Current Sale Transaction ID: 1734443812
  • Current Sale Price: $110,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2013R04971
  • Previous Sale Recording Date: Oct 19, 2005
  • Previous Sale Contract Date: Sep 28, 2005
  • Previous Sale Amount: $4,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK & TRUST CO
  • First Mortgage Transaction Date: Nov 01, 2013
  • First Mortgage Loan Amount: $110,267
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Nov 01, 2028

    Financing

  • First Mortgage Financing Type: Variable

    Previous Mortgages

  • Previous Mortgage Lender: BANK & TRUST CO
  • Previous Mortgage Transaction Date: Oct 19, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $10,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Morrisonville



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Frequently Asked Questions

What neighborhood is 511 West Cherokee St~ located in?
The 511 West Cherokee St~ is a located in the neighborhood of Ricks in Morrisonville, Morrisonville.
What is the average sales price for listings in 511 West Cherokee St~?
The average sales price for units in 511 West Cherokee St~ is $0 currently.

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