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520 South Pearl Street

520 South Pearl Street, Macomb, IL 61455
Property in Macomb City
Sold Oct 04, 2013
$187,000
Local assessors in Macomb, IL have categorized 520 South Pearl Street as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 14,912 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 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. If we look only at the heated or air conditioned part of the building, then 520 South Pearl Street has a total of 2,031 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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 garage for those who need a place to park their vehicle. The garage on the property is 552 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Lots of brick were used in the construction of the exterior walls of the home. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 520 South Pearl Street sold most recently in Oct 4, 2013 for a total of $187,000. If you work out the math, that's approximately a cost of $92.07 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,891 in taxes each year. 520 South Pearl Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $52,391. If we break it down further, the land itself was valued at $7,308. Improvements to the property, however, were assessed at a total of $45,083. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Construction Type: Masonry
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,031
  • Garage Type: Garage
  • Garage Square Area: 552
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,912
  • Total Building Area: 2,031
  • Building Area: 2,031
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,031
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: COMPTON PARK
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOTS 86A & 86B & LOT 85 EX W 10' COMPTON PARK

Ownership

  • Current Owner : COLVIN DANIEL
  • Current Owner 2: COLVIN NANCY
  • Previous Owner : BUSHAW WILLIAM J
  • Previous Owner 2: KERLENE BUSHAW V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Macomb Community Unit School District 185
  • Census Tract: 010700

Geography

  • Parcel: 11-300-656-00
  • Lot: 86A-85
  • Municipality: MACOMB CITY
  • Latitude: 40.4522
  • Longitude: -90.6612

    Address

  • Full Address: 520 S Pearl St
  • Address - House Number: 520
  • Street Direction: S
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: IL
  • City Name: Macomb
  • Carrier Code: C004
  • 4-Digit Zip Code: 3045
  • Zip Code: 61455

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,891
  • Tax Rate Code Area: 11001

    Appraisal Valuation

  • Standard Deviation: 0.2617
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 62
  • Final Value: 188,658
  • High Value: 238,033
  • Low Value: 139,283

    Market Valuation

  • Market Total Value: $157,173
  • Market Land Value: $21,924
  • Market Improvement Value: $135,249

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,391
  • Assessed Land Value: $7,308
  • Assessed Improvements Value: $45,083

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 04, 2013
  • Current Sale Recording Date: Oct 04, 2013
  • Current Sale Transaction ID: 11475481117
  • Current Sale Price: $187,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2013-3441

    Last Sale Mortgage

  • First Mortgage Lender: MIDAMERICA NATIONAL BANK
  • First Mortgage Transaction Date: Oct 04, 2013
  • First Mortgage Loan Amount: $65,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2028

    Financing

  • First Mortgage Financing Type: Unknown

About Macomb



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Frequently Asked Questions

What neighborhood is 520 South Pearl Street located in?
The 520 South Pearl Street is a located in the neighborhood of Macomb City in Macomb, Macomb.
What is the average sales price for listings in 520 South Pearl Street?
The average sales price for units in 520 South Pearl Street is $0 currently.

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