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525 West Chestnut Street

525 West Chestnut Street, Mason City, IL 62664
Property in Mason City
Sold May 18, 2015
$36,000
$38,965 by Premier Home Mortgage Inc
Mortgage Due Jun 01, 2045
Local assessors in Mason City, IL have categorized 525 West Chestnut Street as a residential type of property. The property's lot size has been calculated to be 11,258 square feet.

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, 525 West Chestnut Street sold most recently in May 14, 2015 for a total of $36,000. 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 $727 in taxes each year. 525 West Chestnut Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $12,975. If we break it down further, the land itself was valued at $4,522. Improvements to the property, however, were assessed at a total of $8,453. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 11,258
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WEST ADD
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: WEST ADD W1/2 OF LOT 6 & ALL LOT 7 BLK 11 189

Ownership

  • Current Owner : DONZE DANIEL E
  • Previous Owner : DUNNE PEGGY S
  • Previous Owner 2: GIBBS PEGGY SUE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Illini Central Community Unit School District 189
  • Census Tract: 956800

Zoning

  • Zoning: CITY

Geography

  • District: 09
  • Parcel: 20-07-225-001
  • Block: 11
  • Lot: 6,7
  • Municipality: MASON CITY TOWNSHIP
  • Latitude: 40.202
  • Longitude: -89.7048

    Address

  • Full Address: 525 W Chestnut St
  • Address - House Number: 525
  • Street Direction: W
  • Address - Street Name: Chestnut
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mason City
  • Carrier Code: C001
  • 4-Digit Zip Code: 1323
  • Zip Code: 62664

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $727
  • Tax Rate Code Area: 09092

    Appraisal Valuation

  • Standard Deviation: 0.1212
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 75
  • Final Value: 37,390
  • High Value: 41,922
  • Low Value: 32,857

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $38,965
  • First Open Lien Mortgage Lender: PREMIER HOME MORTGAGE INC
  • First Open Lien Mortgage Recording Date: May 18, 2015
  • First Open Lien Mortgage Loan Amount: $38,965
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2045

    Market Valuation

  • Market Total Value: $38,925
  • Market Land Value: $13,566
  • Market Improvement Value: $25,359

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $12,975
  • Assessed Land Value: $4,522
  • Assessed Improvements Value: $8,453

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 14, 2015
  • Current Sale Recording Date: May 18, 2015
  • Current Sale Transaction ID: 1211953995
  • Current Sale Price: $36,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201500278009

    Last Sale Mortgage

  • First Mortgage Lender: PREMIER HOME MORTGAGE INC
  • First Mortgage Transaction Date: May 18, 2015
  • First Mortgage Loan Amount: $38,965
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2045

About Mason City



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Frequently Asked Questions

What neighborhood is 525 West Chestnut Street located in?
The 525 West Chestnut Street is a located in the neighborhood of Mason City in Mason City, Mason City.
What is the average sales price for listings in 525 West Chestnut Street?
The average sales price for units in 525 West Chestnut Street is $0 currently.

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