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318 West Hitt Street

318 West Hitt Street, Mount Morris, IL 61054
Property in Mount Morris
Sold Feb 16, 2021
$80,000
$65,600 by Goldwater Bank Na
Mortgage
Local assessors in Mount Morris, IL have categorized 318 West Hitt Street as a residential type of property. The property's lot size has been calculated to be 15,931 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 1,058 ft. If we look only at the heated or air conditioned part of the building, then 318 West Hitt Street has a total of 1,064 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, 318 West Hitt Street sold most recently in Feb 12, 2021 for a total of $80,000. If you work out the math, that's approximately a cost of $75.19 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 $2,051 in taxes each year. 318 West Hitt Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $31,369. If we break it down further, the land itself was valued at $5,445. Improvements to the property, however, were assessed at a total of $25,924. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,931
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,058
  • Total Building Area: 1,064
  • Building Area: 1,064
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,064
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: YOUNGS ADD
  • Land Acres: 0.365
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RNG/BLK: TWP:0 SECT/LOT: W 39FT LOT 6 & ALL LOT 7 BLK 2 YOUNGS ADD VIL MT MORRIS

Ownership

  • Current Owner : SCHMIDT ERIC J
  • Current Owner 2: SCHMIDT ERIN L
  • Previous Owner : ENGELBARTS BENJAMIN L
  • Previous Owner 2: ENGELBARTS KARISSA R
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Oregon Community Unit School District 220
  • Census Tract: 960900

Geography

  • District: 16
  • Parcel: 08-27-260-008
  • Block: 2
  • Lot: 6-7
  • Municipality: MT MORRIS
  • Latitude: 42.0497
  • Longitude: -89.441

    Address

  • Full Address: 318 W Hitt St
  • Address - House Number: 318
  • Street Direction: W
  • Address - Street Name: Hitt
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mount Morris
  • Carrier Code: C002
  • 4-Digit Zip Code: 1004
  • Zip Code: 61054

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,051
  • Tax Rate Code Area: 1640

    Appraisal Valuation

  • Standard Deviation: 0.1307
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 73
  • Final Value: 94,192
  • High Value: 106,511
  • Low Value: 81,872

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,600
  • First Open Lien Mortgage Lender: GOLDWATER BANK NA
  • First Open Lien Mortgage Recording Date: Feb 16, 2021
  • First Open Lien Mortgage Loan Amount: $65,600
  • 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: $94,107
  • Market Land Value: $16,335
  • Market Improvement Value: $77,772

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,369
  • Assessed Land Value: $5,445
  • Assessed Improvements Value: $25,924

    Sales

  • Current Sale Contract Date: Feb 12, 2021
  • Current Sale Recording Date: Feb 16, 2021
  • Current Sale Transaction ID: 11822750146
  • Current Sale Price: $80,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202101155

    Last Sale Mortgage

  • First Mortgage Lender: GOLDWATER BANK NA
  • First Mortgage Transaction Date: Feb 16, 2021
  • First Mortgage Loan Amount: $65,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Mount Morris



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Frequently Asked Questions

What neighborhood is 318 West Hitt Street located in?
The 318 West Hitt Street is a located in the neighborhood of Mount Morris in Mount Morris, Mount Morris.
What is the average sales price for listings in 318 West Hitt Street?
The average sales price for units in 318 West Hitt Street is $0 currently.

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