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601 West Walnut Street

601 West Walnut Street, Lexington, IL 61753
Property in Lexington
Refi Mar 16, 2005
Transfer
Owner
$83,351 by Watermark Financial Partners I
Mortgage Due Apr 01, 2035
Local assessors in Lexington, IL have categorized 601 West Walnut Street as a residential type of property. The home was built in 1993 and is 31 years old. The property's lot size has been calculated to be 6,534 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 601 West Walnut Street has a total of 1,100 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 detached garage for those who need a place to park their vehicle. The garage on the property is 369 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $2,572 in taxes per year. The property on 601 West Walnut Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $34,410. To break that down further, the land itself was valued at $2,147. While improvements to the property were assessed at a total of $32,263. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 369
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,100
  • Gross Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,100
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FELLS ADD
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FELLS ADD TO LEXINGTON LOT 9 BLK 2

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lexington Community Unit School District 7
  • Census Tract: 005700

Geography

  • District: 20
  • Parcel: 09-07-276-008
  • Block: 2
  • Lot: 9
  • Meridian: SEC 07 TWN 25N RNG 04E
  • Municipality: LEXINGTON
  • Latitude: 40.6426
  • Longitude: -88.7873

    Address

  • Full Address: 601 W Walnut St
  • Address - House Number: 601
  • Street Direction: W
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lexington
  • Carrier Code: C001
  • 4-Digit Zip Code: 1253
  • Zip Code: 61753

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,572
  • Tax Rate Code Area: 2001

    Appraisal Valuation

  • Standard Deviation: 0.1552
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 146,203
  • High Value: 168,907
  • Low Value: 123,499

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $83,351
  • First Open Lien Mortgage Lender: WATERMARK FINANCIAL PARTNERS I
  • First Open Lien Mortgage Recording Date: Mar 16, 2005
  • First Open Lien Mortgage Loan Amount: $83,351
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2035

    Market Valuation

  • Market Total Value: $103,230
  • Market Land Value: $6,441
  • Market Improvement Value: $96,789

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,410
  • Assessed Land Value: $2,147
  • Assessed Improvements Value: $32,263

About Lexington



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 601 West Walnut Street located in?
The 601 West Walnut Street is a located in the neighborhood of Lexington in Lexington, Lexington.
What is the average sales price for listings in 601 West Walnut Street?
The average sales price for units in 601 West Walnut Street is $0 currently.

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