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514 West Center Street

514 West Center Street, Lebanon, IL 62254
Property in Lebanon
Sold Dec 14, 2022
$143,500
$140,900 by United Wholesale Mortgage
Mortgage
Sold Apr 18, 2006
$116,000
$92,800 by Regions Mortgage
Mortgage Due May 01, 2036
514 West Center Street in Lebanon, IL was first built in 1923 and is 101 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 3 partial bathrooms. 514 West Center Street has 1,120 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 10,890 square feet.

Learn more about the property and building on this page. There is a open porch. For those who need parking, there is a garage. The garage is 72,000 sqft. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. The property was last sold in Dec 2, 2022 for $143,500. That's $128.13 per sqft. Prior to that sales transaction, the property was also sold in Apr 14, 2006 for $116,000. 514 West Center Street was last assessed in 2022. The total value of the property was assessed at $40,475. Specifically, the land the property is located on was valued at $4,341. While improvements on the property were assessed at a total of $36,134. 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 $3,594. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1923
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 8
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 768
  • Garage Type: Garage
  • Garage Square Area: 72,000
  • Parking Space Count: 3
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,120
  • Building Area: 1,120
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,120
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUBLETTS ADD
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SUBLETTS ADD LOT/SEC-6-BLK/RG-8 A02768561

Ownership

  • Current Owner : ERNST KRISTA LEA
  • Current Owner 2: KITE JAMES
  • Previous Owner : OTTEN JENNIFER J
  • Owner Before Previous Owner: STEWART ROBERT L
  • Owner Before Previous Owner 2: STEWART SUSAN L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint tenants with right of survivorship

Neighborhood

  • School District Name: Lebanon Community Unit School District 9
  • Census Tract: 504359

Geography

  • District: 04
  • Parcel: 05-19-0-303-006
  • Block: 303
  • Municipality: LEBANON
  • Latitude: 38.6047
  • Longitude: -89.8137

    Address

  • Full Address: 514 W Center St
  • Address - House Number: 514
  • Street Direction: W
  • Address - Street Name: Center
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lebanon
  • Carrier Code: C001
  • 4-Digit Zip Code: 1209
  • Zip Code: 62254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,594
  • Tax Rate Code Area: 04004

    Appraisal Valuation

  • Standard Deviation: 0.1156
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 87
  • Final Value: 139,458
  • High Value: 155,582
  • Low Value: 123,333

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $140,900
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Dec 14, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $140,900
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $121,425
  • Market Land Value: $13,023
  • Market Improvement Value: $108,402

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,475
  • Assessed Land Value: $4,341
  • Assessed Improvements Value: $36,134

    Sales

  • Current Sale Contract Date: Dec 02, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Transaction ID: 11900373661
  • Current Sale Price: $143,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A02768561
  • Previous Sale Recording Date: Apr 18, 2006
  • Previous Sale Contract Date: Apr 14, 2006
  • Previous Sale Amount: $116,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Dec 14, 2022
  • First Mortgage Loan Amount: $140,900
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS MORTGAGE
  • Previous Mortgage Transaction Date: Apr 18, 2006
  • Previous Mortgage Loan Amount: $92,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: May 01, 2036

About Lebanon



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Frequently Asked Questions

What neighborhood is 514 West Center Street located in?
The 514 West Center Street is a located in the neighborhood of Lebanon in Lebanon, Lebanon.
What is the average sales price for listings in 514 West Center Street?
The average sales price for units in 514 West Center Street is $0 currently.

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