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606 North Madison Street

606 North Madison Street, Washburn, IL 61570
Property in Cazenovia
Refi Aug 27, 2021
Transfer
$69,850 by Morton Community Bank
Mortgage Due Sep 01, 2051
606 North Madison Street has been categorized by the local assessors in Washburn, IL as a residential type of property. The building on the property was first built in 1900 and is 124 years old. In addition, 606 North Madison Street has 1,093 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 11,250 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $1,252 in taxes per year. The property on 606 North Madison Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $24,310. To break that down further, the land itself was valued at $4,161. While improvements to the property were assessed at a total of $20,149. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1900
  • Effective Year Built: 1900
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 11,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,093
  • Gross Building Area: 1,093
  • Building Area: 1,093
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,093
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T28N - R2W - S01 PT OL 6 NW1/4

Ownership

  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Lowpoint-Washburn Community Unit School District 21
  • Census Tract: 030100

Geography

  • District: 03
  • Parcel: 03-01-108-003
  • Meridian: SEC 01 TWN 28N RNG 02W
  • Municipality: CAZENOVIA
  • Latitude: 40.9236
  • Longitude: -89.2898

    Address

  • Full Address: 606 N Madison St
  • Address - House Number: 606
  • Street Direction: N
  • Address - Street Name: Madison
  • Address - Suffix Type: St
  • State: IL
  • City Name: Washburn
  • Carrier Code: R011
  • 4-Digit Zip Code: 9807
  • Zip Code: 61570

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,252
  • Tax Rate Code Area: 3004

    Appraisal Valuation

  • Standard Deviation: 0.2506
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 64
  • Final Value: 85,315
  • High Value: 106,701
  • Low Value: 63,928

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $69,850
  • First Open Lien Mortgage Lender: MORTON COMMUNITY BANK
  • First Open Lien Mortgage Recording Date: Aug 27, 2021
  • First Open Lien Mortgage Loan Amount: $69,850
  • 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: Sep 01, 2051

    Market Valuation

  • Market Total Value: $72,930
  • Market Land Value: $12,483
  • Market Improvement Value: $60,447

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,310
  • Assessed Land Value: $4,161
  • Assessed Improvements Value: $20,149

About Washburn



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Frequently Asked Questions

What neighborhood is 606 North Madison Street located in?
The 606 North Madison Street is a located in the neighborhood of Cazenovia in Washburn, Washburn.
What is the average sales price for listings in 606 North Madison Street?
The average sales price for units in 606 North Madison Street is $0 currently.

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