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57 Bullock Lane

57 Bullock Lane, Metropolis, IL 62960
Property in Jefferson
Sold Oct 18, 2016
$50,000
$45,000 by City National Bank
Mortgage
Local assessors in Metropolis, IL have categorized 57 Bullock Lane as a residential type of property. The home was built in 1977 and is 47 years old. The property's lot size has been calculated to be 87,120 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms.

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. Residents rely on air conditioning for their cooling system. 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, 57 Bullock Lane was last sold in Oct 14, 2016 for $50,000. According to our calculations, that's $62.50 per sqft. Current property owners are expected to pay $729 in taxes per year. The property on 57 Bullock Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $15,000. To break that down further, the land itself was valued at $3,320. While improvements to the property were assessed at a total of $11,680. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1977
  • Effective Year Built: 1977
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 87,120
  • Total Building Area: 800
  • Building Area: 800
  • Building Area Measurement: 1st Floor

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 2
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: S31 T15 R05, PT E 1/2 SE 2.00 ACRES

Ownership

  • Current Owner : LOCKARD ANGELA
  • Current Owner 2: MCKINNESS DAWN
  • Previous Owner : CARTER WILLIAM H
  • Previous Owner 2: CARTER LINDA L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Massac Unit School District 1
  • Census Tract: 970100

Geography

  • Parcel: 06-31-401-025
  • Meridian: SEC 31 TWN 15 RNG 05
  • Latitude: 37.1667
  • Longitude: -88.6979

    Address

  • Full Address: 57 Bullock Ln
  • Address - House Number: 57
  • Address - Street Name: Bullock
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Metropolis
  • Carrier Code: R005
  • 4-Digit Zip Code: 3100
  • Zip Code: 62960

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $729

    Appraisal Valuation

  • Standard Deviation: 0.1111
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 77
  • Final Value: 44,874
  • High Value: 49,861
  • Low Value: 39,886

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $45,000
  • First Open Lien Mortgage Lender: CITY NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Oct 18, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $45,000
  • 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: $45,005

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,000
  • Assessed Land Value: $3,320
  • Assessed Improvements Value: $11,680

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 14, 2016
  • Current Sale Recording Date: Oct 18, 2016
  • Current Sale Transaction ID: 1870681805
  • Current Sale Price: $50,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016001628

    Last Sale Mortgage

  • First Mortgage Lender: CITY NATIONAL BANK
  • First Mortgage Transaction Date: Oct 18, 2016
  • First Mortgage Loan Amount: $45,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Massac



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Frequently Asked Questions

What neighborhood is 57 Bullock Lane located in?
The 57 Bullock Lane is a located in the neighborhood of Jefferson in Massac, Metropolis.
What is the average sales price for listings in 57 Bullock Lane?
The average sales price for units in 57 Bullock Lane is $0 currently.

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