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715 West Broadway Street

715 West Broadway Street, Sparta, IL 62286
Property in Sparta
Sold Dec 27, 2019
$128,000
$125,681 by Guaranteed Rate Inc
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 41,818 square feet.

Learn more about the property and building on this page. The property was last sold in Dec 23, 2019 for $128,000. 715 West Broadway Street was last assessed in 2022. The total value of the property was assessed at $44,560. Specifically, the land the property is located on was valued at $2,885. While improvements on the property were assessed at a total of $41,675. 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 $2,858. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 41,818
  • Lot Size Frontage Feet: 0
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.96
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 303/608 470/722 510/758 751/325 2012R02572 2019R04296 PT. S 1/2 NE SW T5 R6 SEC 1

Ownership

  • Current Owner : LAWLESS DENNIS L
  • Previous Owner : REYNOLDS MICHAEL T
  • Previous Owner 2: REYNOLDS TAMARA L
  • Is Owner Occupied: Owner-occupied property
  • Owner Generation Identifier: JR

Neighborhood

  • School District Name: Sparta Community Unit School District 140
  • Census Tract: 950700

Geography

  • District: 6
  • Section: 1
  • Parcel: 06-001-011-00
  • Meridian: SEC 01 TWN 05 RNG 06
  • Municipality: T5S R6W
  • Latitude: 38.1222
  • Longitude: -89.7139

    Address

  • Full Address: 715 W Broadway St
  • Address - House Number: 715
  • Street Direction: W
  • Address - Street Name: Broadway
  • Address - Suffix Type: St
  • State: IL
  • City Name: Sparta
  • Carrier Code: R003
  • 4-Digit Zip Code: 1658
  • Zip Code: 62286

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,858
  • Tax Rate Code Area: 20

    Appraisal Valuation

  • Standard Deviation: 0.2166
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 56
  • Final Value: 121,134
  • High Value: 147,375
  • Low Value: 94,892

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $125,681
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Dec 27, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $125,681
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA

    Market Valuation

  • Market Total Value: $133,680
  • Market Land Value: $8,655
  • Market Improvement Value: $125,025

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,560
  • Assessed Land Value: $2,885
  • Assessed Improvements Value: $41,675

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 23, 2019
  • Current Sale Recording Date: Dec 27, 2019
  • Current Sale Transaction ID: 11713861196
  • Current Sale Price: $128,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R04296

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Dec 27, 2019
  • First Mortgage Loan Amount: $125,681
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Randolph



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Frequently Asked Questions

What neighborhood is 715 West Broadway Street located in?
The 715 West Broadway Street is a located in the neighborhood of Sparta in Randolph, Sparta.
What is the average sales price for listings in 715 West Broadway Street?
The average sales price for units in 715 West Broadway Street is $0 currently.

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