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743 South 2nd Street

743 South 2nd Street, Watseka, IL 60970
Property in Belmont
Sold Apr 01, 2021
$75,000
$73,633 by Flanagan State Bank
Mortgage Due Apr 01, 2051
Sold Mar 01, 2007
$75,000
743 South 2nd Street has been categorized by the local assessors in Watseka, IL as a residential type of property. The area measurement of the land has been determined as 48,260 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. 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, 743 South 2nd Street sold most recently in Mar 31, 2021 for a total of $75,000. Before that, the property was also sold for $75,000 in Mar 1, 2007. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,478 in taxes each year. 743 South 2nd Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $25,790. If we break it down further, the land itself was valued at $3,460. Improvements to the property, however, were assessed at a total of $22,330. 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. 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.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

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

    Dimensions

  • Lot Size Square Feet: 48,260
  • 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
  • Subdivision: L TO CHAMBERLAINS ADD
  • Land Acres: 1.107
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: O L TO CHAMBERLAINS ADD OL 3 EX N 40'8 LT 3

Ownership

  • Current Owner : EVERT PHYLLIS J
  • Previous Owner : HANNA LOIS EILEEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Iroquois County Community Unit School District 9
  • Census Tract: 950500

Geography

  • District: 6
  • Parcel: 26 05 202 037
  • Lot: 3
  • Municipality: BELMONT TOWNSHIP
  • Latitude: 40.7672
  • Longitude: -87.7365

    Address

  • Full Address: 743 S 2nd St
  • Address - House Number: 743
  • Street Direction: S
  • Address - Street Name: 2nd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Watseka
  • Carrier Code: C002
  • 4-Digit Zip Code: 1518
  • Zip Code: 60970

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,478
  • Tax Rate Code Area: 06013

    Appraisal Valuation

  • Standard Deviation: 0.1281
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 74
  • Final Value: 84,345
  • High Value: 95,153
  • Low Value: 73,536

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $73,633
  • First Open Lien Mortgage Lender: FLANAGAN STATE BANK
  • First Open Lien Mortgage Recording Date: Apr 01, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $73,633
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2051

    Market Valuation

  • Market Total Value: $77,370
  • Market Land Value: $10,380
  • Market Improvement Value: $66,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $25,790
  • Assessed Land Value: $3,460
  • Assessed Improvements Value: $22,330

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 01, 2021
  • Current Sale Transaction ID: 11828932737
  • Current Sale Price: $75,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 21R1348
  • Previous Sale Recording Date: Mar 01, 2007
  • Previous Sale Contract Date: Mar 01, 2007
  • Previous Sale Amount: $75,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLANAGAN STATE BANK
  • First Mortgage Transaction Date: Apr 01, 2021
  • First Mortgage Loan Amount: $73,633
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Watseka



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Frequently Asked Questions

What neighborhood is 743 South 2nd Street located in?
The 743 South 2nd Street is a located in the neighborhood of Belmont in Watseka, Watseka.
What is the average sales price for listings in 743 South 2nd Street?
The average sales price for units in 743 South 2nd Street is $0 currently.

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