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602 Pearl Street

602 Pearl Street, Thomasboro, IL 61878
Property in Rantoul
Sold Mar 24, 2022
$118,000
$112,100 by Flat Branch Mortgage Inc
Mortgage Due Apr 01, 2052
Sold May 02, 2017
$79,000
$71,000 by The Gifford State Bank
Mortgage Due Apr 17, 2022
602 Pearl Street has been categorized by the local assessors in Thomasboro, IL as a residential type of property. The building on the property was first built in 1998 and is 26 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 8,970 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. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of D by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of stucco. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central 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, 602 Pearl Street sold most recently in Mar 22, 2022 for a total of $118,000. If you work out the math, that's approximately a cost of $98.33 per sqft. Before that, the property was also sold for $79,000 in Mar 17, 2017. 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 $1,969 in taxes each year. 602 Pearl Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $30,130. If we break it down further, the land itself was valued at $4,820. Improvements to the property, however, were assessed at a total of $25,310. 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. 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!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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: D
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,970
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCHLUTERS 2ND SUB
  • Land Acres: 0.206
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 13 SCHLUTERS 2ND SUB

Ownership

  • Current Owner : HOGAN LINDA K
  • Current Owner 2: BRYAN JAMES M
  • Previous Owner : STAFFORD CRAIG M
  • Owner Before Previous Owner: TAYLOR SARITA MAE
  • Owner Before Previous Owner 2: SCHOONOVER SARITA MAE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Thomasboro Community Consolidated School District 130
  • School Tax School District: 101
  • Census Tract: 010400

Geography

  • District: 20
  • Parcel: 20-09-28-305-017
  • Lot: 13
  • Meridian: SEC 28 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.2424
  • Longitude: -88.1919

    Address

  • Full Address: 602 Pearl St
  • Address - House Number: 602
  • Address - Street Name: Pearl
  • Address - Suffix Type: St
  • State: IL
  • City Name: Thomasboro
  • Carrier Code: R078
  • 4-Digit Zip Code: 9744
  • Zip Code: 61878

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,969
  • Tax Rate Code Area: 2002

    Appraisal Valuation

  • Standard Deviation: 0.2682
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 61
  • Final Value: 132,334
  • High Value: 167,835
  • Low Value: 96,832

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $112,100
  • First Open Lien Mortgage Lender: FLAT BRANCH MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Mar 24, 2022
  • First Open Lien Mortgage Loan Amount: $112,100
  • 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: Apr 01, 2052

    Market Valuation

  • Market Total Value: $90,390
  • Market Land Value: $14,460
  • Market Improvement Value: $75,930

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,130
  • Assessed Land Value: $4,820
  • Assessed Improvements Value: $25,310

    Sales

  • Current Sale Contract Date: Mar 22, 2022
  • Current Sale Recording Date: Mar 24, 2022
  • Current Sale Transaction ID: 11883574493
  • Current Sale Price: $118,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5365
  • Previous Sale Recording Date: May 02, 2017
  • Previous Sale Contract Date: Mar 17, 2017
  • Previous Sale Amount: $79,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAT BRANCH MORTGAGE INC
  • First Mortgage Transaction Date: Mar 24, 2022
  • First Mortgage Loan Amount: $112,100
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: THE GIFFORD STATE BANK
  • Previous Mortgage Transaction Date: May 02, 2017
  • Previous Mortgage Loan Amount: $71,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Closed-end Mortgage
  • Previous Mortgage Loan Due Date: Apr 17, 2022

About Thomasboro



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Frequently Asked Questions

What neighborhood is 602 Pearl Street located in?
The 602 Pearl Street is a located in the neighborhood of Rantoul in Thomasboro, Thomasboro.
What is the average sales price for listings in 602 Pearl Street?
The average sales price for units in 602 Pearl Street is $0 currently.

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