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622 7th Street

622 7th Street, Peru, IL 61354
Property in Peru
Sold May 12, 2017
$147,000
$137,000 by Midland States Bank
Mortgage
622 7th Street in Peru, IL was first built in 2004 and is 20 years old. This has been categorized as a residential property type. In total, the area measurement of the land is 5,663 square feet.

Learn more about the property and building on this page. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 622 7th Street was last sold in May 10, 2017 for $147,000. According to our calculations, that's $152.49 per sqft. Current property owners are expected to pay $2,996 in taxes per year. The property on 622 7th Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $43,628. To break that down further, the land itself was valued at $1,213. While improvements to the property were assessed at a total of $42,415. 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: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,663
  • Total Building Area: 964
  • Gross Building Area: 964
  • Building Area: 964
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUB OF 20 ACRE LOT 4
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SUBD 20A LOT 4 LOT 4 BLK 14

Ownership

  • Current Owner : STOCKING MICHAEL
  • Previous Owner : BARTO JAMIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 963000

Geography

  • District: PE
  • Parcel: 17-16-409-002
  • Block: 14
  • Lot: 4
  • Municipality: PERU TOWNSHIP
  • Latitude: 41.3304
  • Longitude: -89.1139

    Address

  • Full Address: 622 7th St
  • Address - House Number: 622
  • Address - Street Name: 7th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Peru
  • Carrier Code: C007
  • 4-Digit Zip Code: 2804
  • Zip Code: 61354

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,996
  • Tax Rate Code Area: PE002

    Appraisal Valuation

  • Standard Deviation: 0.1361
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 72
  • Final Value: 140,447
  • High Value: 159,568
  • Low Value: 121,325

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $137,000
  • First Open Lien Mortgage Lender: MIDLAND STATES BANK
  • First Open Lien Mortgage Recording Date: May 12, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $137,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $130,884
  • Market Land Value: $3,639
  • Market Improvement Value: $127,245

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,628
  • Assessed Land Value: $1,213
  • Assessed Improvements Value: $42,415

    Sales

  • Current Sale Contract Date: May 10, 2017
  • Current Sale Recording Date: May 12, 2017
  • Current Sale Transaction ID: 1589783859
  • Current Sale Price: $147,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201706536

    Last Sale Mortgage

  • First Mortgage Lender: MIDLAND STATES BANK
  • First Mortgage Transaction Date: May 12, 2017
  • First Mortgage Loan Amount: $137,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Peru



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Frequently Asked Questions

What neighborhood is 622 7th Street located in?
The 622 7th Street is a located in the neighborhood of Peru in Peru, Peru.
What is the average sales price for listings in 622 7th Street?
The average sales price for units in 622 7th Street is $0 currently.

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