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714 North Morgan Street

714 North Morgan Street, Shelbyville, IL 62565
Property in Shelbyville
Sold May 01, 2020
$23,000
$35,000 by Shelby Cnty St Bk
Mortgage Due May 01, 2027
Sold Nov 26, 2013
$50,000
Local assessors in Shelbyville, IL have categorized 714 North Morgan Street as a residential type of property. The home was built in 1915 and is 109 years old. The property's lot size has been calculated to be 13,680 square feet. The linear feet between the front and back of the lot was measured at 1,800 ft and the front of the lot was measured at 760 ft. 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. If we look only at the heated or air conditioned part of the building, then 714 North Morgan Street has a total of 1,334 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 572 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. 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, 714 North Morgan Street sold most recently in Apr 20, 2020 for a total of $23,000. If you work out the math, that's approximately a cost of $17.24 per sqft. Before that, the property was also sold for $50,000 in Nov 26, 2013. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $2,613 in taxes each year. 714 North Morgan Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $31,408. If we break it down further, the land itself was valued at $8,743. Improvements to the property, however, were assessed at a total of $22,665. 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

  • Year Built: 1915
  • Effective Year Built: 1915
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 572
  • Parking Space Count: 2
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 13,680
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 760
  • Total Building Area: 1,334
  • Building Area: 1,334
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,334
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCOVILS SECOND ADDN
  • Land Acres: 0.314
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: S7 T11N R4E, LOT 3 BLK 6 , CC SCOVILS 2ND ADDN , 76' X 180'

Ownership

  • Current Owner : FOX STEPHEN C
  • Previous Owner : PENNY MAC LOAN SERVICES LLC
  • Owner Before Previous Owner: NOT AVAILABLE FROM COUNTY

Neighborhood

  • School District Name: Shelbyville Community Unit School District 4
  • Census Tract: 959300

Geography

  • Parcel: 2013-07-12-205-009
  • Block: 6
  • Lot: 3
  • Meridian: SEC 7 TWN 11N RNG 04E
  • Municipality: SHELBYVILLE
  • Latitude: 39.4133
  • Longitude: -88.7926

    Address

  • Full Address: 714 N Morgan St
  • Address - House Number: 714
  • Street Direction: N
  • Address - Street Name: Morgan
  • Address - Suffix Type: St
  • State: IL
  • City Name: Shelbyville
  • Carrier Code: C001
  • 4-Digit Zip Code: 1162
  • Zip Code: 62565

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,613

    Appraisal Valuation

  • Standard Deviation: 0.4721
  • Valuation Date: May 31, 2023
  • Confidence Score: 5
  • Final Value: 136,840
  • High Value: 201,442
  • Low Value: 72,237

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $35,000
  • First Open Lien Mortgage Lender: SHELBY CNTY ST BK
  • First Open Lien Mortgage Recording Date: May 01, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $35,000
  • First Open Lien Mortgage Term: 83
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2027

    Market Valuation

  • Market Total Value: $94,224
  • Market Land Value: $26,229
  • Market Improvement Value: $67,995

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,408
  • Assessed Land Value: $8,743
  • Assessed Improvements Value: $22,665

    Sales

  • Current Sale Contract Date: Apr 20, 2020
  • Current Sale Recording Date: May 01, 2020
  • Current Sale Transaction ID: 11831880727
  • Current Sale Price: $23,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Nov 26, 2013
  • Previous Sale Contract Date: Nov 26, 2013
  • Previous Sale Amount: $50,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: SHELBY CNTY ST BK
  • First Mortgage Transaction Date: May 01, 2020
  • First Mortgage Loan Amount: $35,000
  • First Mortgage Terms: 83
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2027

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Shelbyville



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Frequently Asked Questions

What neighborhood is 714 North Morgan Street located in?
The 714 North Morgan Street is a located in the neighborhood of Shelbyville in Shelbyville, Shelbyville.
What is the average sales price for listings in 714 North Morgan Street?
The average sales price for units in 714 North Morgan Street is $0 currently.

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