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721 South Vermillion Street

721 South Vermillion Street, Pontiac, IL 61764
Property in Pontiac
Sold Aug 03, 2021
$89,000
$91,757 by Bank Of Pontiac
Mortgage Due Sep 01, 2051
Local assessors in Pontiac, IL have categorized 721 South Vermillion Street as a residential type of property. The home was built in 1910 and is 114 years old. The property's lot size has been calculated to be 6,820 square feet. The linear feet between the front and back of the lot was measured at 775 ft and the front of the lot was measured at 880 ft. 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, 5 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 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 721 South Vermillion Street has a total of 2,062 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 detached garage for those who need a place to park their vehicle. The garage on the property is 360 sqft. Moving onto specific details regarding the building. Our sources show that the building condition is poor. 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. The property was last sold in Aug 3, 2021 for $89,000. That's $40.05 per sqft. 721 South Vermillion Street was last assessed in 2022. The total value of the property was assessed at $26,425. Specifically, the land the property is located on was valued at $3,841. While improvements on the property were assessed at a total of $22,584. 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 $2,054. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 1910
  • Effective Year Built: 1910
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Poor
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 160
  • Garage Type: Detached
  • Garage Square Area: 360
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,820
  • Lot Size Depth Feet: 775
  • Lot Size Frontage Feet: 880
  • Total Building Area: 2,222
  • Building Area: 2,062
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 2,062
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FELLS 2ND ADD
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 15 27 129 018 LOT 88 X 77.5 E77' 6 OF LOTS 1 & 2 BLK 22 FELLS 2ND ADD

Ownership

  • Current Owner : SULLIVAN RYAN
  • Current Owner 2: SULLIVAN BRAXTAN
  • Previous Owner : ROUTIEN MATTHEW A
  • Previous Owner 2: ROUTIEN CATHERINE J
  • 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: 15-15-27-129-018
  • Block: 22
  • Lot: 1,2
  • Municipality: PONTIAC
  • Latitude: 40.872
  • Longitude: -88.6364

    Address

  • Full Address: 721 S Vermillion St
  • Address - House Number: 721
  • Street Direction: S
  • Address - Street Name: Vermillion
  • Address - Suffix Type: St
  • State: IL
  • City Name: Pontiac
  • Carrier Code: C005
  • 4-Digit Zip Code: 2364
  • Zip Code: 61764

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,054
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.1201
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 75
  • Final Value: 84,029
  • High Value: 94,125
  • Low Value: 73,932

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $91,757
  • First Open Lien Mortgage Lender: BANK OF PONTIAC
  • First Open Lien Mortgage Recording Date: Aug 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $91,757
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $79,275
  • Market Land Value: $11,523
  • Market Improvement Value: $67,752

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,425
  • Assessed Land Value: $3,841
  • Assessed Improvements Value: $22,584

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Transaction ID: 11846756165
  • Current Sale Price: $89,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R-03816

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF PONTIAC
  • First Mortgage Transaction Date: Aug 03, 2021
  • First Mortgage Loan Amount: $91,757
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Pontiac



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Frequently Asked Questions

What neighborhood is 721 South Vermillion Street located in?
The 721 South Vermillion Street is a located in the neighborhood of Pontiac in Pontiac, Pontiac.
What is the average sales price for listings in 721 South Vermillion Street?
The average sales price for units in 721 South Vermillion Street is $0 currently.

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