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837 North 5th Road

837 North 5th Road, Rutland, IL 61358
Property in Groveland
Sold Nov 05, 2018
$84,500
Sold Feb 11, 2009
Transfer
$300,000 by Bank Of America Na
Mortgage Due Jul 24, 2094
Local assessors in Rutland, IL have categorized 837 North 5th Road as a residential type of property. The home was built in 1926 and is 98 years old. The property's lot size has been calculated to be 201,247 square feet. If we look only at the heated or air conditioned part of the building, then 837 North 5th Road has a total of 1,920 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. 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, 837 North 5th Road sold most recently in Nov 2, 2018 for a total of $84,500. If you work out the math, that's approximately a cost of $44.01 per sqft. 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 $2,136 in taxes each year. The initial year of tax delinquency occurred in 2022. 837 North 5th Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $36,899. If we break it down further, the land itself was valued at $8,344. Improvements to the property, however, were assessed at a total of $28,555. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

  • Year Built: 1926
  • Effective Year Built: 1926
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 201,247
  • Total Building Area: 1,920
  • Gross Building Area: 1,920
  • Building Area: 1,920
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,920
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 4.62
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: PT SE1/4 SW1/4 SEC 4-29-2, COM SW COR SEC 4, E1629.4' POB, NE465' E433' SW465' W433' POB

Ownership

  • Current Owner : DRUMMET JASON
  • Current Owner 2: DRUMMET ROBERT
  • Previous Owner : EST DREMMET JASON
  • Owner Before Previous Owner: M & R TRUST NO 1
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Fieldcrest Community Unit School District 6
  • Census Tract: 964100

Geography

  • District: GV
  • Parcel: 37-04-306-000
  • Meridian: SEC 04 TWN 29 RNG 02
  • Municipality: GROVELAND TOWNSHIP
  • Latitude: 41.0005
  • Longitude: -89.0013

    Address

  • Full Address: 837 N 5th Rd
  • Address - House Number: 837
  • Street Direction: N
  • Address - Street Name: 5th
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rutland
  • Carrier Code: R001
  • 4-Digit Zip Code: 9517
  • Zip Code: 61358

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,136
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: GV004

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 18
  • Final Value: 244,788
  • High Value: 343,928
  • Low Value: 145,647

    Market Valuation

  • Market Total Value: $110,697
  • Market Land Value: $25,032
  • Market Improvement Value: $85,665

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,899
  • Assessed Land Value: $8,344
  • Assessed Improvements Value: $28,555

    Sales

  • Current Sale Contract Date: Nov 02, 2018
  • Current Sale Recording Date: Nov 05, 2018
  • Current Sale Transaction ID: 11529527316
  • Current Sale Price: $84,500
  • Current Sale Document Type: Administrator's Deed
  • Current Sale Input Document Number: 201814809
  • Previous Sale Recording Date: Feb 11, 2009
  • Previous Sale Contract Date: Jan 20, 2009
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Feb 11, 2009
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 999
  • Previous Mortgage Loan Type: Reverse Mortgage (Home Equity Conversion Mortgage)
  • Previous Mortgage Loan Due Date: Jul 24, 2094

About LaSalle



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Frequently Asked Questions

What neighborhood is 837 North 5th Road located in?
The 837 North 5th Road is a located in the neighborhood of Groveland in LaSalle, Rutland.
What is the average sales price for listings in 837 North 5th Road?
The average sales price for units in 837 North 5th Road is $0 currently.

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