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31116 South Smith Road

31116 South Smith Road, Wilmington, IL 60481
Property in Florence
Sold Apr 14, 2015
$240,000
$235,653 by Directors Financial Group
Mortgage Due Apr 01, 2045
Sold Jun 27, 2000
$228,000
$182,400 by Washington Mutual Bank Fa
Mortgage Due Jul 01, 2030
Local assessors in Wilmington, IL have categorized 31116 South Smith Road as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 217,800 square feet. If we look only at the heated or air conditioned part of the building, then 31116 South Smith Road has a total of 2,936 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 31116 South Smith Road was last sold in Mar 18, 2015 for $240,000. According to our calculations, that's $81.74 per sqft. Prior to that sales transaction, the property was sold for $228,000 in Jun 12, 2000. Current property owners are expected to pay $6,717 in taxes per year. The property on 31116 South Smith Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $105,009. To break that down further, the land itself was valued at $22,388. While improvements to the property were assessed at a total of $82,621. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 217,800
  • Total Building Area: 2,936
  • Building Area: 2,936
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,936
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THAT PRT OF THE NW 1/4 OF SEC 29, T33N R10E DAF: BEG AT PT THAT IS LOCATED ON THE N LN OF THE NW 1/4 OF SEC 29, 609.55 FT E O

Ownership

  • Current Owner : GONZALEZ MARTIN R
  • Previous Owner : BOURKE PHILEOMENA
  • Previous Owner 2: CATE WILLIAM S
  • Owner Before Previous Owner: JANSON DOUGLAS J
  • Owner Before Previous Owner 2: JANSON MONICA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Wilmington Community Unit School District 209U
  • Census Tract: 883304

Geography

  • Parcel: 09-18-29-100-017
  • Meridian: SEC 29 TWN 33N RNG 10E
  • Municipality: FLORENCE
  • Latitude: 41.3203
  • Longitude: -88.11

    Address

  • Full Address: 31116 S Smith Rd
  • Address - House Number: 31116
  • Street Direction: S
  • Address - Street Name: Smith
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wilmington
  • Carrier Code: R003
  • 4-Digit Zip Code: 8887
  • Zip Code: 60481

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,717
  • Tax Rate Code Area: 0902

    Appraisal Valuation

  • Standard Deviation: 0.1513
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 81
  • Final Value: 365,038
  • High Value: 420,299
  • Low Value: 309,778

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $235,653
  • First Open Lien Mortgage Lender: DIRECTORS FINANCIAL GROUP
  • First Open Lien Mortgage Recording Date: Apr 14, 2015
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $235,653
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2045

    Market Valuation

  • Market Total Value: $315,027
  • Market Land Value: $67,164
  • Market Improvement Value: $247,863

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $105,009
  • Assessed Land Value: $22,388
  • Assessed Improvements Value: $82,621

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 18, 2015
  • Current Sale Recording Date: Apr 14, 2015
  • Current Sale Transaction ID: 1207334564
  • Current Sale Price: $240,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: R2015031052
  • Previous Sale Recording Date: Jun 27, 2000
  • Previous Sale Contract Date: Jun 12, 2000
  • Previous Sale Amount: $228,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DIRECTORS FINANCIAL GROUP
  • First Mortgage Transaction Date: Apr 14, 2015
  • First Mortgage Loan Amount: $235,653
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2045

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Previous Mortgage Transaction Date: Jun 27, 2000
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $182,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2030

About Will



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Frequently Asked Questions

What neighborhood is 31116 South Smith Road located in?
The 31116 South Smith Road is a located in the neighborhood of Florence in Will, Wilmington.
What is the average sales price for listings in 31116 South Smith Road?
The average sales price for units in 31116 South Smith Road is $0 currently.

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