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542 East North Street

542 East North Street, Geneseo, IL 61254
Property in Geneseo
Sold Dec 15, 2020
$90,000
$70,000 by Central Bank Illinois
Mortgage Due Jan 01, 2035
Sold Aug 04, 2006
$105,000
$78,750 by Bank Of America Na
Mortgage Due Sep 01, 2036
542 East North Street has been categorized by the local assessors in Geneseo, IL as a residential type of property. The building on the property was first built in 1955 and is 69 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 542 East North Street has 1,368 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a full basement that is 768 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The linear feet between the front and back of the lot is 2,840 ft and across the front of the lot is 733 ft. The area measurement of the land has been determined as 20,909 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 384 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as good. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. In terms of heating, it is utilizing a gas heating system. 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, 542 East North Street sold most recently in Nov 30, 2020 for a total of $90,000. If you work out the math, that's approximately a cost of $65.79 per sqft. Before that, the property was also sold for $105,000 in Jul 24, 2006. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $3,625 in taxes each year. 542 East North Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $44,611. If we break it down further, the land itself was valued at $6,646. Improvements to the property, however, were assessed at a total of $37,965. 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. 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. 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: 1955
  • Effective Year Built: 1955
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Good
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 768
  • Garage Type: Garage
  • Garage Square Area: 384
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 20,909
  • Lot Size Depth Feet: 2,840
  • Lot Size Frontage Feet: 733
  • Total Building Area: 1,368
  • Gross Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 1,368
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALLANS
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • Legal Description 1: W73.25 LT 2 BLK 7 FISCHER & MC ARTHUR SUB OF BLKS 7,8 & 10 W T ALLANS AD CITY OF GENESEO

Ownership

  • Current Owner : WILL FREDERICK E
  • Current Owner 2: WILL FARLENE G
  • Previous Owner : BROWN JASON J
  • Previous Owner 2: BROWN MARICELA C
  • Owner Before Previous Owner: HOON BRENT V
  • Owner Before Previous Owner 2: HOON JENNIFER L

Neighborhood

  • School District Name: Geneseo Community Unit School District 228
  • Census Tract: 030302

Geography

  • District: 08
  • Parcel: 08-21-276-011
  • Block: 7,8,10
  • Lot: 2
  • Municipality: GENESEO
  • Latitude: 41.4504
  • Longitude: -90.1462

    Address

  • Full Address: 542 E North St
  • Address - House Number: 542
  • Street Direction: E
  • Address - Street Name: North
  • Address - Suffix Type: St
  • State: IL
  • City Name: Geneseo
  • Carrier Code: C005
  • 4-Digit Zip Code: 1439
  • Zip Code: 61254

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,625
  • Tax Rate Code Area: 080001

    Appraisal Valuation

  • Standard Deviation: 0.1192
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 76
  • Final Value: 129,696
  • High Value: 145,164
  • Low Value: 114,227

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: CENTRAL BANK ILLINOIS
  • First Open Lien Mortgage Recording Date: Dec 15, 2020
  • First Open Lien Mortgage Loan Amount: $70,000
  • First Open Lien Mortgage Term: 168
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2035

    Market Valuation

  • Market Total Value: $133,833
  • Market Land Value: $19,938
  • Market Improvement Value: $113,895

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,611
  • Assessed Land Value: $6,646
  • Assessed Improvements Value: $37,965

    Sales

  • Current Sale Contract Date: Nov 30, 2020
  • Current Sale Recording Date: Dec 15, 2020
  • Current Sale Transaction ID: 11808148754
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 20-2008249
  • Previous Sale Recording Date: Aug 04, 2006
  • Previous Sale Contract Date: Jul 24, 2006
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTRAL BANK ILLINOIS
  • First Mortgage Transaction Date: Dec 15, 2020
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 168
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Aug 04, 2006
  • Previous Mortgage Loan Amount: $78,750
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2036

About Geneseo



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Frequently Asked Questions

What neighborhood is 542 East North Street located in?
The 542 East North Street is a located in the neighborhood of Geneseo in Geneseo, Geneseo.
What is the average sales price for listings in 542 East North Street?
The average sales price for units in 542 East North Street is $0 currently.

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