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714 South Bess Avenue

714 South Bess Avenue, Marissa, IL 62257
Property in Marissa
Sold Mar 04, 2021
$94,000
$85,000 by The First National Bank Of Spa
Mortgage Due Mar 01, 2041
Sold Sep 17, 2013
$82,000
$83,763 by Guaranteed Rate Inc
Mortgage Due Oct 01, 2043
Local assessors in Marissa, IL have categorized 714 South Bess Avenue as a residential type of property. The home was built in 1897 and is 127 years old. It was most recently renovated and altered in 1985. The property's lot size has been calculated to be 6,970 square feet. The linear feet between the front and back of the lot was measured at 1,400 ft and the front of the lot was measured at 500 ft. 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 714 South Bess Avenue has a total of 1,621 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. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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. Residents rely on central air conditioning for their cooling system. The property was last sold in Mar 1, 2021 for $94,000. That's $57.99 per sqft. Prior to that sales transaction, the property was also sold in Sep 13, 2013 for $82,000. 714 South Bess Avenue was last assessed in 2022. The total value of the property was assessed at $22,362. Specifically, the land the property is located on was valued at $1,636. While improvements on the property were assessed at a total of $20,726. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $1,991. The initial tax year of delinquency was in 2022. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1897
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 7
  • Building Quality: C
  • Construction Type: Frame
  • Floor Count: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 6,970
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,621
  • Building Area: 1,621
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,621
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BORDERS, W E, 1ST ADD TO MARISSA
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BORDERS, W E, 1ST ADD TO MARISSA LOT/SEC-5-BLK/RG-3 A02767817

Ownership

  • Current Owner : FARRAR NATHAN M
  • Current Owner 2: FARRAR ALICIA
  • Previous Owner : KING ADAM L
  • Previous Owner 2: KING JESSICA
  • Owner Before Previous Owner: EGGEMEYER NATHEN
  • Owner Before Previous Owner 2: EGGEMEYER TERRA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Marissa Community Unit School District 40
  • Census Tract: 504002

Geography

  • District: 16
  • Parcel: 21-27-0-309-010
  • Block: 309
  • Municipality: MARISSA
  • Latitude: 38.2401
  • Longitude: -89.7519

    Address

  • Full Address: 714 S Bess Ave
  • Address - House Number: 714
  • Street Direction: S
  • Address - Street Name: Bess
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Marissa
  • Carrier Code: C001
  • 4-Digit Zip Code: 1906
  • Zip Code: 62257

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,991
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 16006

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 73
  • Final Value: 105,065
  • High Value: 119,222
  • Low Value: 90,907

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $85,000
  • First Open Lien Mortgage Lender: THE FIRST NATIONAL BANK OF SPA
  • First Open Lien Mortgage Recording Date: Mar 04, 2021
  • First Open Lien Mortgage Loan Amount: $85,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Closed-end Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2041

    Market Valuation

  • Market Total Value: $67,086
  • Market Land Value: $4,908
  • Market Improvement Value: $62,178

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,362
  • Assessed Land Value: $1,636
  • Assessed Improvements Value: $20,726

    Sales

  • Current Sale Contract Date: Mar 01, 2021
  • Current Sale Recording Date: Mar 04, 2021
  • Current Sale Transaction ID: 11823890157
  • Current Sale Price: $94,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: A02689935
  • Previous Sale Recording Date: Sep 17, 2013
  • Previous Sale Contract Date: Sep 13, 2013
  • Previous Sale Amount: $82,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: THE FIRST NATIONAL BANK OF SPA
  • First Mortgage Transaction Date: Mar 04, 2021
  • First Mortgage Loan Amount: $85,000
  • First Mortgage Terms: 240
  • First Mortgage Loan Type: Closed-end Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2041

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTEED RATE INC
  • Previous Mortgage Transaction Date: Sep 17, 2013
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $83,763
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Oct 01, 2043

About Marissa



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Frequently Asked Questions

What neighborhood is 714 South Bess Avenue located in?
The 714 South Bess Avenue is a located in the neighborhood of Marissa in Marissa, Marissa.
What is the average sales price for listings in 714 South Bess Avenue?
The average sales price for units in 714 South Bess Avenue is $0 currently.

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