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108 South State Street

108 South State Street, Franklin Grove, IL 61031
Property in Franklin Grove
Sold Aug 26, 2022
$77,500
$62,000 by Community State Bank
Mortgage
Sold Jul 21, 2021
$71,000
$68,870 by First National Bank Amboy
Mortgage
108 South State Street in Franklin Grove, IL was first built in 1900 and is 124 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 108 South State Street has 984 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 660 ft and the linear feet between the front and back of the lot is 1,700. In total, the area measurement of the land is 11,220 square feet.

Learn more about the property and building on this page. The exterior walls of the home are made of alum/vinyl siding. 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, 108 South State Street sold most recently in Aug 23, 2022 for a total of $77,500. If you work out the math, that's approximately a cost of $78.76 per sqft. Before that, the property was also sold for $71,000 in Jul 16, 2021. 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 $964 in taxes each year. 108 South State Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $17,205. If we break it down further, the land itself was valued at $3,286. Improvements to the property, however, were assessed at a total of $13,919. 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

  • Year Built: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 1
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 620
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,220
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 660
  • Total Building Area: 984
  • Building Area: 984
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 984
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ORIGINAL TOWN OF FRANKLIN GROVE
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SECT/LOT:00 TWP:02 RNG/BLK:002 FR. GROVE

Ownership

  • Current Owner : VANRADEN CHARITY
  • Previous Owner : BURGER MATTHEW R
  • Owner Before Previous Owner: STACEY TYLER MICHAEL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ashton Community Unit School District 275
  • Census Tract: 000200

Geography

  • Account Number: 162480
  • District: 06
  • Parcel: 06-09-01-155-002
  • Block: 2
  • Municipality: FRANKLIN GROVE
  • Latitude: 41.84
  • Longitude: -89.3022

    Address

  • Full Address: 108 S State St
  • Address - House Number: 108
  • Street Direction: S
  • Address - Street Name: State
  • Address - Suffix Type: St
  • State: IL
  • City Name: Franklin Grove
  • Carrier Code: R021
  • 4-Digit Zip Code: 9534
  • Zip Code: 61031

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $964
  • Tax Rate Code Area: 06005

    Appraisal Valuation

  • Standard Deviation: 0.2663
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 62
  • Final Value: 76,023
  • High Value: 96,275
  • Low Value: 55,771

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $62,000
  • First Open Lien Mortgage Lender: COMMUNITY STATE BANK
  • First Open Lien Mortgage Recording Date: Aug 26, 2022
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $62,000
  • 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: $51,615
  • Market Land Value: $9,858
  • Market Improvement Value: $41,757

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,205
  • Assessed Land Value: $3,286
  • Assessed Improvements Value: $13,919

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2022
  • Current Sale Recording Date: Aug 26, 2022
  • Current Sale Transaction ID: 11895568811
  • Current Sale Price: $77,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202203609
  • Previous Sale Recording Date: Jul 21, 2021
  • Previous Sale Contract Date: Jul 16, 2021
  • Previous Sale Amount: $71,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COMMUNITY STATE BANK
  • First Mortgage Transaction Date: Aug 26, 2022
  • First Mortgage Loan Amount: $62,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST NATIONAL BANK AMBOY
  • Previous Mortgage Transaction Date: Jul 21, 2021
  • Previous Mortgage Loan Amount: $68,870
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Franklin Grove



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Frequently Asked Questions

What neighborhood is 108 South State Street located in?
The 108 South State Street is a located in the neighborhood of Franklin Grove in Franklin Grove, Franklin Grove.
What is the average sales price for listings in 108 South State Street?
The average sales price for units in 108 South State Street is $0 currently.

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