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555 North Broad Street

555 North Broad Street, Galesburg, IL 61401
Property in Galesburg City
Sold Jan 29, 2009
$54,000
$49,450 by National Bk
Mortgage Due Feb 01, 2039
555 North Broad Street in Galesburg, IL was first built in 1883 and is 141 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 555 North Broad Street has 940 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. The linear feet across the front of the lot is 435 ft and the linear feet between the front and back of the lot is 1,980. In total, the area measurement of the land is 8,712 square feet.

Learn more about the property and building on this page. 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. 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, 555 North Broad Street sold most recently in Mar 13, 2008 for a total of $54,000. If you work out the math, that's approximately a cost of $57.45 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 $1,301 in taxes each year. 555 North Broad Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $19,730. If we break it down further, the land itself was valued at $2,240. Improvements to the property, however, were assessed at a total of $17,490. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1883
  • Effective Year Built: 1883
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 940
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,712
  • Lot Size Depth Feet: 1,980
  • Lot Size Frontage Feet: 435
  • Total Building Area: 940
  • Building Area: 940
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 940
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTH BROAD ST ADDN
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTH BROAD ST ADDN S D 1904 ORIG LOTS 1 5 6 & 7 N 43 1/2 FT LOT 12

Ownership

  • Current Owner : HOWARD MICHELLE K
  • Current Owner 2: HOWARD DUANE
  • Previous Owner : LARDI GREG J
  • Previous Owner 2: LARDI PATRICIA A
  • Is Owner Occupied: Owner-occupied property
  • Vacant Flag Date: Nov 30, 2023

Neighborhood

  • School District Name: Galesburg Community Unit School District 205
  • Census Tract: 000600

Geography

  • District: 99
  • Parcel: 99-10-404-005
  • Lot: 1-12
  • Municipality: CITY OF GALESBURG
  • Latitude: 40.9542
  • Longitude: -90.3707

    Address

  • Full Address: 555 N Broad St
  • Address - House Number: 555
  • Street Direction: N
  • Address - Street Name: Broad
  • Address - Suffix Type: St
  • State: IL
  • City Name: Galesburg
  • Carrier Code: C010
  • 4-Digit Zip Code: 3645
  • Zip Code: 61401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,301
  • Tax Rate Code Area: 36

    Appraisal Valuation

  • Standard Deviation: 0.3849
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 23
  • Final Value: 190,127
  • High Value: 263,325
  • Low Value: 116,928

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $49,450
  • First Open Lien Mortgage Lender: NATIONAL BK
  • First Open Lien Mortgage Recording Date: Jan 29, 2009
  • First Open Lien Mortgage Loan Amount: $49,450
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2039

    Market Valuation

  • Market Total Value: $59,190
  • Market Land Value: $6,720
  • Market Improvement Value: $52,470

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,730
  • Assessed Land Value: $2,240
  • Assessed Improvements Value: $17,490

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 13, 2008
  • Current Sale Recording Date: Jan 29, 2009
  • Current Sale Transaction ID: 11707971232
  • Current Sale Price: $54,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL BK
  • First Mortgage Transaction Date: Jan 29, 2009
  • First Mortgage Loan Amount: $49,450
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2039

About Galesburg



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Frequently Asked Questions

What neighborhood is 555 North Broad Street located in?
The 555 North Broad Street is a located in the neighborhood of Galesburg City in Galesburg, Galesburg.
What is the average sales price for listings in 555 North Broad Street?
The average sales price for units in 555 North Broad Street is $0 currently.

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