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303 East Wood Street

303 East Wood Street, Bloomington, IL 61701
Property in South Hill
Sold Jul 27, 2006
$60,000
$59,123 by National City Mortgage
Mortgage Due Aug 01, 2036
Sold Jan 23, 2006
$46,000
$34,500 by First Franklin Financial Corp
Mortgage Due Feb 01, 2036
Local assessors in Bloomington, IL have categorized 303 East Wood Street as a residential type of property. The home was built in 1925 and is 99 years old. The property's lot size has been calculated to be 3,990 square feet. The linear feet between the front and back of the lot was measured at 870 ft and the front of the lot was measured at 430 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 303 East Wood Street has a total of 677 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. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is poor. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - D. The building has a roof that is made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. The home's a forced air unit is the primary heating source and it is being fueled with gas. 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, 303 East Wood Street sold most recently in Jul 20, 2006 for a total of $60,000. If you work out the math, that's approximately a cost of $88.63 per sqft. Before that, the property was also sold for $46,000 in Jan 17, 2006. 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 $837 in taxes each year. 303 East Wood Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $15,853. If we break it down further, the land itself was valued at $5,835. Improvements to the property, however, were assessed at a total of $10,018. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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: 1925
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Poor
  • Building Quality: D
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Plaster
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Wood
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,990
  • Lot Size Depth Feet: 870
  • Lot Size Frontage Feet: 430
  • Total Building Area: 677
  • Gross Building Area: 677
  • Building Area: 677
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 677
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EUGENE COMSTOCK SUB
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EUGENE COMSTOCK SUB LOT 1 BLK 12 NICCOLLS & COS 2ND ADD & PT OT 1 SUBN 9-23-2E LOT 2

Ownership

  • Current Owner : THOMAS TRUDY E
  • Previous Owner : MERRITT STEPHEN K
  • Previous Owner 2: MERRITT MONITA KEEPERS
  • Owner Before Previous Owner: REICHERT ROBERT
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 087
  • Census Tract: 005900

Zoning

  • Zoning: R1C

Geography

  • District: 40
  • Parcel: 21-09-207-003
  • Block: 12
  • Lot: 1,2
  • Meridian: SEC 09 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4713
  • Longitude: -88.9906

    Address

  • Full Address: 303 E Wood St
  • Address - House Number: 303
  • Street Direction: E
  • Address - Street Name: Wood
  • Address - Suffix Type: St
  • State: IL
  • City Name: Bloomington
  • Carrier Code: C026
  • 4-Digit Zip Code: 6737
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $837
  • Tax Rate Code Area: 4001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 79,827
  • High Value: 96,431
  • Low Value: 63,223

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $64,670
  • First Open Lien Mortgage Lender: NATIONAL CITY MORTGAGE
  • First Open Lien Mortgage Recording Date: Jul 27, 2006
  • First Open Lien Mortgage Loan Amount: $59,123
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2036
  • Second Open Lien Mortgage Lender: SECRRETARY OF HOUSING AND URBA
  • Second Open Lien Mortgage Recording Date: Sep 09, 2011
  • Second Open Lien Mortgage Loan Amount: $5,547
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Stand Alone Second
  • Second Open Lien Mortgage Loan Due Date: Sep 01, 2041

    Market Valuation

  • Market Total Value: $47,559
  • Market Land Value: $17,505
  • Market Improvement Value: $30,054

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,853
  • Assessed Land Value: $5,835
  • Assessed Improvements Value: $10,018

    Sales

  • Current Sale Contract Date: Jul 20, 2006
  • Current Sale Recording Date: Jul 27, 2006
  • Current Sale Transaction ID: 11473332782
  • Current Sale Price: $60,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2006-00020260
  • Previous Sale Recording Date: Jan 23, 2006
  • Previous Sale Contract Date: Jan 17, 2006
  • Previous Sale Amount: $46,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: NATIONAL CITY MORTGAGE
  • First Mortgage Transaction Date: Jul 27, 2006
  • First Mortgage Loan Amount: $59,123
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Aug 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FRANKLIN FINANCIAL CORP
  • Previous Mortgage Transaction Date: Jan 23, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $34,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2036

About South Hill



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Frequently Asked Questions

What neighborhood is 303 East Wood Street located in?
The 303 East Wood Street is a located in the neighborhood of South Hill in South Hill, Bloomington.
What is the average sales price for listings in 303 East Wood Street?
The average sales price for units in 303 East Wood Street is $0 currently.

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