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712 South Walnut Street

712 South Walnut Street, Pontiac, IL 61764
Property in Pontiac
Sold Jan 03, 2022
$235,000
$220,000 by State Bank Of Graymont
Mortgage
Sold Sep 12, 2019
$182,000
$182,000 by Wells Fargo Bank
Mortgage Due Oct 01, 2049
Local assessors in Pontiac, IL have categorized 712 South Walnut Street as a residential type of property. The home was built in 1979 and is 45 years old. The property's lot size has been calculated to be 10,890 square feet. The linear feet between the front and back of the lot was measured at 1,650 ft and the front of the lot was measured at 660 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. 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 712 South Walnut Street has a total of 2,618 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 525 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is average. The building has a roof that is made of asphalt. The home's a gas heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 712 South Walnut Street sold most recently in Dec 31, 2021 for a total of $235,000. If you work out the math, that's approximately a cost of $74.77 per sqft. Before that, the property was also sold for $182,000 in Aug 24, 2019. 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 $5,597 in taxes each year. 712 South Walnut Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $61,651. If we break it down further, the land itself was valued at $3,810. Improvements to the property, however, were assessed at a total of $57,841. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1979
  • Effective Year Built: 1979
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: Average
  • Building Style: Split level
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 742
  • Garage Type: Attached
  • Garage Square Area: 525
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,650
  • Lot Size Frontage Feet: 660
  • Total Building Area: 3,143
  • Building Area: 2,618
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 2,618
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MANLOVES SUB
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 15 27 235 006 LOT 66 X 165 S1/2 OF W1/2 OF LOT 12 MANLOVES SUB PONTIAC

Ownership

  • Current Owner : GAYON ZACHARY L
  • Current Owner 2: GAYON JODIANNA L
  • Previous Owner : HOWARD MATTHEW J
  • Previous Owner 2: POWERS MARIAN
  • Owner Before Previous Owner: KELLY JOSEPH L
  • Owner Before Previous Owner 2: KELLY HEIDI E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Husband and wife

Neighborhood

  • School District Name: Pontiac Community Consolidated School District 429
  • Census Tract: 960700

Geography

  • District: 15
  • Parcel: 15-15-27-235-006
  • Lot: 12
  • Municipality: PONTIAC
  • Latitude: 40.8703
  • Longitude: -88.6248

    Address

  • Full Address: 712 S Walnut St
  • Address - House Number: 712
  • Street Direction: S
  • Address - Street Name: Walnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Pontiac
  • Carrier Code: C006
  • 4-Digit Zip Code: 2655
  • Zip Code: 61764

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,597
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.1201
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 75
  • Final Value: 209,501
  • High Value: 234,672
  • Low Value: 184,329

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $220,000
  • First Open Lien Mortgage Lender: STATE BANK OF GRAYMONT
  • First Open Lien Mortgage Recording Date: Jan 03, 2022
  • First Open Lien Mortgage Loan Amount: $220,000
  • 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: $184,953
  • Market Land Value: $11,430
  • Market Improvement Value: $173,523

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,651
  • Assessed Land Value: $3,810
  • Assessed Improvements Value: $57,841

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 31, 2021
  • Current Sale Recording Date: Jan 03, 2022
  • Current Sale Transaction ID: 11877145216
  • Current Sale Price: $235,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2022R-00007
  • Previous Sale Recording Date: Sep 12, 2019
  • Previous Sale Contract Date: Aug 24, 2019
  • Previous Sale Amount: $182,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: STATE BANK OF GRAYMONT
  • First Mortgage Transaction Date: Jan 03, 2022
  • First Mortgage Loan Amount: $220,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK
  • Previous Mortgage Transaction Date: Sep 12, 2019
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $182,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2049

About Pontiac



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 712 South Walnut Street located in?
The 712 South Walnut Street is a located in the neighborhood of Pontiac in Pontiac, Pontiac.
What is the average sales price for listings in 712 South Walnut Street?
The average sales price for units in 712 South Walnut Street is $0 currently.

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