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610 Southeast Street

610 Southeast Street, Wilmington, IL 60481
Property in Wilmington
This has been categorized as a commercial property type. In total, the area measurement of the land is 7,636 square feet.

Learn more about the property and building on this page. 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, 610 Southeast Street sold most recently in Aug 22, 2017 for a total of $104,900. Before that, the property was also sold for $107,500 in Jul 28, 2010. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,978 in taxes each year. 610 Southeast Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $25,601. If we break it down further, the land itself was valued at $9,995. Improvements to the property, however, were assessed at a total of $15,606. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 7,636
  • 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: Commercial
  • Subdivision: BROOKSIDE
  • Land Acres: 0.18
  • Standard Land Use Code: Commercial (general)
  • Legal Description 1: LOT 52 IN BROOKSIDE, BEING A SUB OF PRT OF THE SE1/4 OF SEC 25 PRT OF THE NE1/4 OF SEC 36, T33N-R9E.

Ownership

  • Current Owner : BASS PROPERTY HOLDINGS LLC
  • Previous Owner : VERCELLI ENTERPISES LLC
  • Owner Before Previous Owner: RAMSEY MARK R
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Wilmington Community Unit School District 209U
  • Census Tract: 883401

Geography

  • Parcel: 03-17-36-203-004
  • Lot: 52
  • Meridian: SEC 36 TWN 33N RNG 09E
  • Municipality: WILMINGTON
  • Latitude: 41.305
  • Longitude: -88.1387

    Address

  • Full Address: 610 S East St
  • Address - House Number: 610
  • Street Direction: S
  • Address - Street Name: East
  • Address - Suffix Type: St
  • State: IL
  • City Name: Wilmington
  • Carrier Code: C003
  • 4-Digit Zip Code: 1405
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,978
  • Tax Rate Code Area: 0302

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $83,920
  • First Open Lien Mortgage Lender: OTTAWA SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Aug 30, 2017
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $83,920
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Aug 25, 2032

    Market Valuation

  • Market Total Value: $76,803
  • Market Land Value: $29,985
  • Market Improvement Value: $46,818

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,601
  • Assessed Land Value: $9,995
  • Assessed Improvements Value: $15,606

    Sales

  • Current Sale Contract Date: Aug 22, 2017
  • Current Sale Recording Date: Aug 30, 2017
  • Current Sale Transaction ID: 1736285808
  • Current Sale Price: $104,900
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: R2017068406
  • Previous Sale Recording Date: Aug 20, 2010
  • Previous Sale Contract Date: Jul 28, 2010
  • Previous Sale Amount: $107,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: OTTAWA SAVINGS BANK
  • First Mortgage Transaction Date: Aug 30, 2017
  • First Mortgage Loan Amount: $83,920
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Aug 25, 2032

    Financing

  • First Mortgage Financing Type: Unknown

About Wilmington



Similar Buildings

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Frequently Asked Questions

What neighborhood is 610 Southeast Street located in?
The 610 Southeast Street is a located in the neighborhood of Wilmington in Wilmington, Wilmington.
What is the average sales price for listings in 610 Southeast Street?
The average sales price for units in 610 Southeast Street is $0 currently.

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