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802 South Franklin Street

802 South Franklin Street, Litchfield, IL 62056
Property in South Litchfield
Sold Mar 19, 2024
$86,000
$35,000 by First National Bank Litchfield
Mortgage Due Mar 19, 2054
Sold Sep 14, 2021
$67,500
$63,600 by Cu American Financial Svcs Inc
Mortgage
802 South Franklin Street has been categorized by the local assessors in Litchfield, IL as a residential type of property. The building on the property was first built in 1920 and is 104 years old. In addition, 802 South Franklin Street has 825 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,270 ft and across the front of the lot is 820 ft. The area measurement of the land has been determined as 10,414 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. The property was last sold in Mar 18, 2024 for $86,000. Prior to that sales transaction, the property was also sold in Sep 10, 2021 for $67,500. 802 South Franklin Street was last assessed in 2022. The total value of the property was assessed at $22,110. Specifically, the land the property is located on was valued at $930. While improvements on the property were assessed at a total of $21,180. 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 $1,500. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1920
  • Effective Year Built: 1920
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,414
  • Lot Size Depth Feet: 1,270
  • Lot Size Frontage Feet: 820
  • Total Building Area: 0
  • Building Area: 825
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 825
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TYLER 3RD ADD
  • Land Acres: 0.24
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: PT N 1/2 NW COR BLK 11 82 FT X 127 FT TYLER 3RD ADD 8-5-1899 S T00 R

Ownership

  • Current Owner : TIMPE SCOTT N
  • Previous Owner : BERTETTO WILLIAM A
  • Owner Before Previous Owner: VITALE JOHN
  • Owner Before Previous Owner 2: VITALE CATERINA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Litchfield Community Unit School District 12
  • Census Tract: 957800

Geography

  • District: 16
  • Parcel: 15-04-258-001
  • Block: 11
  • Municipality: SOUTH LITCHFIELD
  • Latitude: 39.1694
  • Longitude: -89.6495

    Address

  • Full Address: 802 S Franklin St
  • Address - House Number: 802
  • Street Direction: S
  • Address - Street Name: Franklin
  • Address - Suffix Type: St
  • State: IL
  • City Name: Litchfield
  • Carrier Code: C002
  • 4-Digit Zip Code: 2418
  • Zip Code: 62056

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,500
  • Tax Rate Code Area: 16005

    Appraisal Valuation

  • Standard Deviation: 0.4582
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 8
  • Final Value: 77,171
  • High Value: 112,536
  • Low Value: 41,805

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $35,000
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK LITCHFIELD
  • First Open Lien Mortgage Recording Date: Mar 19, 2024
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $35,000
  • 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: Mar 19, 2054

    Market Valuation

  • Market Total Value: $66,330
  • Market Land Value: $2,790
  • Market Improvement Value: $63,540

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,110
  • Assessed Land Value: $930
  • Assessed Improvements Value: $21,180

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 18, 2024
  • Current Sale Recording Date: Mar 19, 2024
  • Current Sale Transaction ID: 11923280342
  • Current Sale Price: $86,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202400795
  • Previous Sale Recording Date: Sep 14, 2021
  • Previous Sale Contract Date: Sep 10, 2021
  • Previous Sale Amount: $67,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK LITCHFIELD
  • First Mortgage Transaction Date: Mar 19, 2024
  • First Mortgage Loan Amount: $35,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: CU AMERICAN FINANCIAL SVCS INC
  • Previous Mortgage Transaction Date: Sep 14, 2021
  • Previous Mortgage Loan Amount: $63,600
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Litchfield



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 802 South Franklin Street located in?
The 802 South Franklin Street is a located in the neighborhood of South Litchfield in Litchfield, Litchfield.
What is the average sales price for listings in 802 South Franklin Street?
The average sales price for units in 802 South Franklin Street is $0 currently.

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