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5501 Catlin Homer Road

5501 Catlin Homer Road, Fairmount, IL 61841
Property in Vance
Local assessors in Fairmount, IL have categorized 5501 Catlin Homer Road as a residential type of property. The property's lot size has been calculated to be 142,006 square feet.

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. 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, 5501 Catlin Homer Road sold most recently in Mar 15, 2019 for a total of $70,000. 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 $1,690 in taxes each year. 5501 Catlin Homer Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $25,920. If we break it down further, the land itself was valued at $5,742. Improvements to the property, however, were assessed at a total of $20,178. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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.

Building Features

Exterior

Cedar Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20181004
10/04/2018
3 Bed
2 Bath
1633 ft²
$89,900
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1633 ft²
$70,000 -22.14%
03/15/2019
Ryan Dallas

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 142,006
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 3.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 3.26A N RD S & E CRK SE4 SW4 33 19 13

Ownership

  • Current Owner : BLACK BRIAN DAVID
  • Current Owner 2: BLACK SHARON MARIE
  • Previous Owner : ABIGAIL CARDINALE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Salt Fork Community Unit School District 512
  • Census Tract: 010900

Geography

  • District: VA
  • Parcel: 21-33-300-006
  • Meridian: SEC 33 TWN 19 RNG 13
  • Municipality: VANCE
  • Latitude: 40.0586
  • Longitude: -87.8353

    Address

  • Full Address: 5501 Catlin Homer Rd
  • Address - House Number: 5501
  • Address - Street Name: Catlin Homer
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Fairmount
  • Carrier Code: R041
  • 4-Digit Zip Code: 6278
  • Zip Code: 61841

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,690
  • Tax Rate Code Area: VN015

    Appraisal Valuation

  • Standard Deviation: 0.2861
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 42
  • Final Value: 174,610
  • High Value: 224,577
  • Low Value: 124,642

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $40,000
  • First Open Lien Mortgage Lender: CATLIN BANK
  • First Open Lien Mortgage Recording Date: Mar 15, 2019
  • First Open Lien Mortgage Loan Amount: $40,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2034

    Market Valuation

  • Market Total Value: $77,760
  • Market Land Value: $17,226
  • Market Improvement Value: $60,534

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,920
  • Assessed Land Value: $5,742
  • Assessed Improvements Value: $20,178

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 15, 2019
  • Current Sale Recording Date: Mar 15, 2019
  • Current Sale Transaction ID: 11727184009
  • Current Sale Price: $70,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1360

    Last Sale Mortgage

  • First Mortgage Lender: CATLIN BANK
  • First Mortgage Transaction Date: Mar 15, 2019
  • First Mortgage Loan Amount: $40,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2034

About Vermilion



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 5501 Catlin Homer Road located in?
The 5501 Catlin Homer Road is a other located in the neighborhood of Vance in Vermilion, Fairmount.
What is the average sales price for listings in 5501 Catlin Homer Road?
The average sales price for units in 5501 Catlin Homer Road is $75,000 , or $46/sqft. currently.

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