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5545 East 950th Avenue

5545 East 950th Avenue, Altamont, IL 62411
Property in Mound
Sold Jan 03, 2020
$242,000
$32,500 by First State Bank Of Beecher Ci
Mortgage Due Oct 19, 2027
5545 East 950th Avenue has been categorized by the local assessors in Altamont, IL as a residential type of property. The building on the property was first built in 1998 and is 26 years old. The home comes with a single bedroom. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5545 East 950th Avenue has 1,488 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 225,641 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 484 sqft. According to our sources, there are a total of 2 available parking spaces. 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. The property was last sold in Dec 27, 2019 for $242,000. That's $162.63 per sqft. 5545 East 950th Avenue was last assessed in 2022. The total value of the property was assessed at $42,040. Specifically, the land the property is located on was valued at $6,240. While improvements on the property were assessed at a total of $35,800. 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 $1,933. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 1
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 484
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 225,641
  • Total Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 5.18
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: N 5.18AC OF W 618FT OF NE S OF I-70 3768/205 3524/270 1279/346

Ownership

  • Current Owner : WATERS ANTHONY W
  • Current Owner 2: WATERS AUDREY J
  • Previous Owner : MCWHORTER TIMOTHY B
  • Previous Owner 2: MCWHORTER PATRICIA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Altamont Community Unit School District 10
  • Census Tract: 950300

Geography

  • District: 9
  • Parcel: 09-02-013-041
  • Municipality: MOUND
  • Latitude: 39.056
  • Longitude: -88.7004

    Address

  • Full Address: 5545 E 950th Ave
  • Address - House Number: 5545
  • Street Direction: E
  • Address - Street Name: 950th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Altamont
  • Carrier Code: R001
  • 4-Digit Zip Code: 6604
  • Zip Code: 62411

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,933
  • Tax Rate Code Area: 09001

    Appraisal Valuation

  • Standard Deviation: 0.2396
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 66
  • Final Value: 207,554
  • High Value: 257,299
  • Low Value: 157,808

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $32,500
  • First Open Lien Mortgage Lender: FIRST STATE BANK OF BEECHER CI
  • First Open Lien Mortgage Recording Date: Oct 31, 2022
  • First Open Lien Mortgage Loan Amount: $32,500
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Oct 19, 2027

    Market Valuation

  • Market Total Value: $126,120
  • Market Land Value: $18,720
  • Market Improvement Value: $107,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,040
  • Assessed Land Value: $6,240
  • Assessed Improvements Value: $35,800

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 27, 2019
  • Current Sale Recording Date: Jan 03, 2020
  • Current Sale Transaction ID: 11723978353
  • Current Sale Price: $242,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202020000050

    Last Sale Mortgage

  • First Mortgage Lender: FREEDOM MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 03, 2020
  • First Mortgage Loan Amount: $193,938
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Effingham



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Frequently Asked Questions

What neighborhood is 5545 East 950th Avenue located in?
The 5545 East 950th Avenue is a located in the neighborhood of Mound in Effingham, Altamont.
What is the average sales price for listings in 5545 East 950th Avenue?
The average sales price for units in 5545 East 950th Avenue is $0 currently.

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