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816 South Vermillion Street

816 South Vermillion Street, Streator, IL 61364
Property in Bruce
Sold Jul 19, 2019
$65,000
$61,750 by First National Bank Ottawa
Mortgage
This has been categorized as a residential property type. In total, the area measurement of the land is 10,927 square feet.

Learn more about the property and building on this page. 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, 816 South Vermillion Street sold most recently in Jul 18, 2019 for a total of $65,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $1,202 in taxes each year. 816 South Vermillion Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $15,948. If we break it down further, the land itself was valued at $3,262. Improvements to the property, however, were assessed at a total of $12,686. 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. 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. 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: 10,927
  • 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: HOWLAND & KNAPPS ADD
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: HOWLAND & KNAPPS ADD, LTS 1 & 4 BLK 14 SEC 36-31-3

Ownership

  • Current Owner : RHODES DUSTIN
  • Previous Owner : CURTIS WINIFRED A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Streator Township High School District 40
  • Census Tract: 963900

Geography

  • District: BR
  • Parcel: 33-36-313-017
  • Block: 14
  • Lot: 1-4
  • Meridian: SEC 36 TWN 31 RNG 03
  • Municipality: BRUCE TOWNSHIP
  • Latitude: 41.1101
  • Longitude: -88.8317

    Address

  • Full Address: 816 S Vermillion St
  • Address - House Number: 816
  • Street Direction: S
  • Address - Street Name: Vermillion
  • Address - Suffix Type: St
  • State: IL
  • City Name: Streator
  • Zip Code: 61364

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,202
  • Tax Rate Code Area: BR003

    Appraisal Valuation

  • Standard Deviation: 0.2707
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 61
  • Final Value: 75,092
  • High Value: 95,425
  • Low Value: 54,759

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $61,750
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OTTAWA
  • First Open Lien Mortgage Recording Date: Jul 19, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $61,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $47,844
  • Market Land Value: $9,786
  • Market Improvement Value: $38,058

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,948
  • Assessed Land Value: $3,262
  • Assessed Improvements Value: $12,686

    Sales

  • Current Sale Contract Date: Jul 18, 2019
  • Current Sale Recording Date: Jul 19, 2019
  • Current Sale Transaction ID: 11625421829
  • Current Sale Price: $65,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201908654

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OTTAWA
  • First Mortgage Transaction Date: Jul 19, 2019
  • First Mortgage Loan Amount: $61,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Streator



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Frequently Asked Questions

What neighborhood is 816 South Vermillion Street located in?
The 816 South Vermillion Street is a located in the neighborhood of Bruce in Streator, Streator.
What is the average sales price for listings in 816 South Vermillion Street?
The average sales price for units in 816 South Vermillion Street is $0 currently.

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