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527 West Erie Street

527 West Erie Street, Spring Valley, IL 61362
Property in Hall
Sold Oct 18, 2021
$83,000
$86,262 by Central Bank Illinois
Mortgage
527 West Erie Street has been categorized by the local assessors in Spring Valley, IL as a residential type of property. The area measurement of the land has been determined as 6,424 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page 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, 527 West Erie Street sold most recently in Oct 15, 2021 for a total of $83,000. 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 $2,818 in taxes each year. 527 West Erie Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $28,956. If we break it down further, the land itself was valued at $4,835. Improvements to the property, however, were assessed at a total of $24,121. 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: 6,424
  • 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: GREENWOODS ADD
  • Land Acres: 0.147
  • Standard Land Use Code: Single family residential
  • Legal Description 1: SPRING VALLEY-GREENWOODS ADD.L 7 BLK 36 D 21-4776

Ownership

  • Current Owner : DIAZ NATHAN
  • Previous Owner : BERTRAND JAMES F
  • Previous Owner 2: BERTRAND JOSEPH R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Spring Valley Community Consolidated School District 99
  • Census Tract: 965200

Geography

  • Account Number: 1834407002
  • District: 18
  • Parcel: 18-34-407-002
  • Block: 36
  • Lot: 7
  • Meridian: SEC 34 TWN 16 RNG 11
  • Municipality: HALL
  • Latitude: 41.3253
  • Longitude: -89.2079

    Address

  • Full Address: 527 W Erie St
  • Address - House Number: 527
  • Street Direction: W
  • Address - Street Name: Erie
  • Address - Suffix Type: St
  • State: IL
  • City Name: Spring Valley
  • Carrier Code: C002
  • 4-Digit Zip Code: 1731
  • Zip Code: 61362

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,818
  • Tax Rate Code Area: 18005

    Appraisal Valuation

  • Standard Deviation: 0.1197
  • Valuation Date: May 31, 2023
  • Confidence Score: 76
  • Final Value: 99,829
  • High Value: 111,786
  • Low Value: 87,871

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $86,262
  • First Open Lien Mortgage Lender: CENTRAL BANK ILLINOIS
  • First Open Lien Mortgage Recording Date: Oct 18, 2021
  • First Open Lien Mortgage Loan Amount: $86,262
  • 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: $86,868
  • Market Land Value: $14,505
  • Market Improvement Value: $72,363

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,956
  • Assessed Land Value: $4,835
  • Assessed Improvements Value: $24,121

    Sales

  • Current Sale Contract Date: Oct 15, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Transaction ID: 11861208163
  • Current Sale Price: $83,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R04776

    Last Sale Mortgage

  • First Mortgage Lender: CENTRAL BANK ILLINOIS
  • First Mortgage Transaction Date: Oct 18, 2021
  • First Mortgage Loan Amount: $86,262
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Spring Valley



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Frequently Asked Questions

What neighborhood is 527 West Erie Street located in?
The 527 West Erie Street is a located in the neighborhood of Hall in Spring Valley, Spring Valley.
What is the average sales price for listings in 527 West Erie Street?
The average sales price for units in 527 West Erie Street is $0 currently.

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