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642 South Vermilion Street

642 South Vermilion Street, Paxton, IL 60957
Property in Patton
Sold Dec 20, 2017
$98,000
$78,400 by Farmers & Merchants Natl Bank
Mortgage
Sold Dec 28, 2015
$84,000
$82,478 by State Bank Of Lincoln
Mortgage
642 South Vermilion Street has been categorized by the local assessors in Paxton, IL as a residential type of property. The building on the property was first built in 1959 and is 65 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. 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. In addition, 642 South Vermilion Street has 2,620 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,337 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. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 336 sqft. 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, 642 South Vermilion Street was last sold in Dec 8, 2017 for $98,000. According to our calculations, that's $33.15 per sqft. Prior to that sales transaction, the property was sold for $84,000 in Dec 28, 2015. Current property owners are expected to pay $2,850 in taxes per year. The property on 642 South Vermilion Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $34,570. To break that down further, the land itself was valued at $3,900. While improvements to the property were assessed at a total of $30,670. 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: 1959
  • Effective Year Built: 1959
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 336
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,337
  • Total Building Area: 2,956
  • Building Area: 2,620
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,620
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STITES SUB-DIV
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 7 STITES SUB-DIV 91.6 X IRREG

Ownership

  • Current Owner : KENNEDY RAYMOND
  • Current Owner 2: KENNEDY DEBRA
  • Previous Owner : SELLEK RANDI
  • Owner Before Previous Owner: MCBRIDE SUSAN L
  • Owner Before Previous Owner 2: MCBRIDE MARK J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Paxton-Buckley-Loda Community Unit School District 10
  • Census Tract: 961800

Geography

  • District: 11
  • Parcel: 11-14-17-154-009
  • Lot: 7
  • Meridian: SEC 17 TWN 23N RNG 10E
  • Municipality: PATTON TOWNSHIP
  • Latitude: 40.4535
  • Longitude: -88.0971

    Address

  • Full Address: 642 S Vermillion St
  • Address - House Number: 642
  • Street Direction: S
  • Address - Street Name: Vermillion
  • Address - Suffix Type: St
  • State: IL
  • City Name: Paxton
  • Carrier Code: C004
  • 4-Digit Zip Code: 1662
  • Zip Code: 60957

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,850
  • Tax Rate Code Area: 11008

    Appraisal Valuation

  • Standard Deviation: 0.3401
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 31
  • Final Value: 219,352
  • High Value: 293,973
  • Low Value: 144,730

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $78,400
  • First Open Lien Mortgage Lender: FARMERS & MERCHANTS NATL BANK
  • First Open Lien Mortgage Recording Date: Dec 20, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $78,400
  • 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: $103,710
  • Market Land Value: $11,700
  • Market Improvement Value: $92,010

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,570
  • Assessed Land Value: $3,900
  • Assessed Improvements Value: $30,670

    Sales

  • Current Sale Contract Date: Dec 08, 2017
  • Current Sale Recording Date: Dec 20, 2017
  • Current Sale Transaction ID: 11381416886
  • Current Sale Price: $98,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 267879
  • Previous Sale Recording Date: Dec 28, 2015
  • Previous Sale Contract Date: Dec 28, 2015
  • Previous Sale Amount: $84,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FARMERS & MERCHANTS NATL BANK
  • First Mortgage Transaction Date: Dec 20, 2017
  • First Mortgage Loan Amount: $78,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: STATE BANK OF LINCOLN
  • Previous Mortgage Transaction Date: Dec 28, 2015
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $82,478
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA

About Paxton



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Frequently Asked Questions

What neighborhood is 642 South Vermilion Street located in?
The 642 South Vermilion Street is a located in the neighborhood of Patton in Paxton, Paxton.
What is the average sales price for listings in 642 South Vermilion Street?
The average sales price for units in 642 South Vermilion Street is $0 currently.

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