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561 Cherry Street

561 Cherry Street, Jacksonville, IL 62650
Sold Oct 14, 2016
$48,000
$44,376 by Cnb Bank & Trust Na
Mortgage Due Nov 01, 2046
This has been categorized as a residential property type. The linear feet across the front of the lot is 500 ft and the linear feet between the front and back of the lot is 1,250. In total, the area measurement of the land is 6,098 square feet.

Learn more about the property and building on this page. 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, 561 Cherry Street sold most recently in Oct 13, 2016 for a total of $48,000. 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 $899 in taxes each year. 561 Cherry Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $15,440. If we break it down further, the land itself was valued at $1,890. Improvements to the property, however, were assessed at a total of $13,550. 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. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 6,098
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 500
  • 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: CITY JACKSONVILLE JONES & BUFF
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: TOWNSHIP RANGE: 15-10 ASMT DIST #2 CITY OF JACKSONVILLE JONES AND BUFFE SUBDIVISION OF MADEIRA SUB PT LTS 65- 67 & 70 -50X125

Ownership

  • Current Owner : ASHBAKER CAROLYN A
  • Current Owner 2: ASHBAKER HAZEL A
  • Previous Owner : TRUSLER PHYLLIS K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Jacksonville School District 117
  • Census Tract: 951700

Geography

  • District: 13
  • Parcel: 09-17-309-020
  • Lot: 65-
  • Meridian: SEC 17 TWN 15N RNG 10W
  • Municipality: JACKSONVILLE
  • Latitude: 39.743
  • Longitude: -90.2423

    Address

  • Full Address: 561 Cherry St
  • Address - House Number: 561
  • Address - Street Name: Cherry
  • Address - Suffix Type: St
  • State: IL
  • City Name: Jacksonville
  • Carrier Code: C020
  • 4-Digit Zip Code: 1219
  • Zip Code: 62650

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $899
  • Tax Rate Code Area: 12003

    Appraisal Valuation

  • Standard Deviation: 0.3755
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 24
  • Final Value: 188,060
  • High Value: 258,679
  • Low Value: 117,440

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $44,376
  • First Open Lien Mortgage Lender: CNB BANK & TRUST NA
  • First Open Lien Mortgage Recording Date: Oct 14, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $44,376
  • 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: Nov 01, 2046

    Market Valuation

  • Market Total Value: $46,320
  • Market Land Value: $5,670
  • Market Improvement Value: $40,650

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,440
  • Assessed Land Value: $1,890
  • Assessed Improvements Value: $13,550

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2016
  • Current Sale Recording Date: Oct 14, 2016
  • Current Sale Transaction ID: 1850192529
  • Current Sale Price: $48,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 614063

    Last Sale Mortgage

  • First Mortgage Lender: CNB BANK & TRUST NA
  • First Mortgage Transaction Date: Oct 14, 2016
  • First Mortgage Loan Amount: $44,376
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Jacksonville



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Frequently Asked Questions

What neighborhood is 561 Cherry Street located in?
The 561 Cherry Street is a located in the neighborhood of Jacksonville No. 17 in Jacksonville, Jacksonville.
What is the average sales price for listings in 561 Cherry Street?
The average sales price for units in 561 Cherry Street is $0 currently.

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