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615 North Bourne Street

615 North Bourne Street, Tolono, IL 61880
Property in Tolono
Refi Jan 07, 2004
Transfer
Owner
$55,000 by Washington Mutual Bank Fa
Mortgage Due Feb 01, 2034
Local assessors in Tolono, IL have categorized 615 North Bourne Street as a residential type of property. The home was built in 1870 and is 154 years old. The property's lot size has been calculated to be 15,828 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a a-frame style. 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 615 North Bourne Street has a total of 892 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 attached garage for those who need a place to park their vehicle. The garage on the property is 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 materials that we aren't sure of. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. 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 $1,473 in taxes per year. The property on 615 North Bourne Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $22,520. To break that down further, the land itself was valued at $6,900. While improvements to the property were assessed at a total of $15,620. 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: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: A-frame
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Unspecified basement
  • Basement Area: 892
  • Garage Type: Attached
  • Garage Square Area: 360
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 15,828
  • Total Building Area: 1,252
  • Gross Building Area: 1,360
  • Building Area: 892
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 892
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LARMONS, JUDGE, ADD
  • Land Acres: 0.363
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOTS PT 14, 15 BLOCK 51 LARMONS, JUDGE, ADD

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Tolono Community Unit School District 7
  • School Tax School District: 101
  • Census Tract: 010901

Geography

  • District: 29
  • Parcel: 29-26-26-277-007
  • Block: 51
  • Lot: 15
  • Meridian: SEC 26 TWN 18N RNG 08E
  • Municipality: TOLONO
  • Latitude: 39.9921
  • Longitude: -88.2588

    Address

  • Full Address: 615 N Bourne St
  • Address - House Number: 615
  • Street Direction: N
  • Address - Street Name: Bourne
  • Address - Suffix Type: St
  • State: IL
  • City Name: Tolono
  • Carrier Code: R002
  • 4-Digit Zip Code: 9748
  • Zip Code: 61880

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,473
  • Tax Rate Code Area: 2903

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 216,488
  • High Value: 304,166
  • Low Value: 128,809

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,000
  • First Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • First Open Lien Mortgage Recording Date: Jan 07, 2004
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $55,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2034

    Market Valuation

  • Market Total Value: $67,560
  • Market Land Value: $20,700
  • Market Improvement Value: $46,860

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,520
  • Assessed Land Value: $6,900
  • Assessed Improvements Value: $15,620

About Tolono



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 615 North Bourne Street located in?
The 615 North Bourne Street is a located in the neighborhood of Tolono in Tolono, Tolono.
What is the average sales price for listings in 615 North Bourne Street?
The average sales price for units in 615 North Bourne Street is $0 currently.

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