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1315 Peppermill Lane

1315 Peppermill Lane, Champaign, IL 61822
Property in Boulder Ridge
Sold Jun 01, 2016
$212,000
$204,924 by Busey Bank
Mortgage Due Jun 01, 2046
Sold Nov 03, 2006
$205,000
$194,655 by Busey Bank
Mortgage Due Nov 01, 2036
1315 Peppermill Lane has been categorized by the local assessors in Champaign, IL as a residential type of property. The area measurement of the land has been determined as 7,199 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, 1315 Peppermill Lane sold most recently in May 19, 2016 for a total of $212,000. Before that, the property was also sold for $205,000 in Oct 25, 2006. 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 $6,175 in taxes each year. 1315 Peppermill Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $73,150. If we break it down further, the land itself was valued at $13,680. Improvements to the property, however, were assessed at a total of $59,470. 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: 7,199
  • 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: BOULDER RIDGE 1ST SUB
  • Land Acres: 0.165
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 125 BOULDER RIDGE 1ST SUB

Ownership

  • Current Owner : GRACE DEVIN P
  • Current Owner 2: GRACE KRYSTAL R
  • Previous Owner : MARTIN DAVID P
  • Previous Owner 2: MARTIN NICOLE M
  • Owner Before Previous Owner: NEW LINE HOMES INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000902

Geography

  • District: 04
  • Parcel: 41-20-04-356-008
  • Lot: 125
  • Meridian: SEC 04 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1298
  • Longitude: -88.3123

    Address

  • Full Address: 1315 Peppermill Ln
  • Address - House Number: 1315
  • Address - Street Name: Peppermill
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: R016
  • 4-Digit Zip Code: 2056
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,175
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2069
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 292,380
  • High Value: 352,892
  • Low Value: 231,869

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $204,924
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Jun 01, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $204,924
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2046

    Market Valuation

  • Market Total Value: $219,450
  • Market Land Value: $41,040
  • Market Improvement Value: $178,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,150
  • Assessed Land Value: $13,680
  • Assessed Improvements Value: $59,470

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 19, 2016
  • Current Sale Recording Date: Jun 01, 2016
  • Current Sale Transaction ID: 1600524407
  • Current Sale Price: $212,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2016R09679
  • Previous Sale Recording Date: Nov 03, 2006
  • Previous Sale Contract Date: Oct 25, 2006
  • Previous Sale Amount: $205,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: BUSEY BANK
  • First Mortgage Transaction Date: Jun 01, 2016
  • First Mortgage Loan Amount: $204,924
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2046

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BUSEY BANK
  • Previous Mortgage Transaction Date: Nov 03, 2006
  • Previous Mortgage Loan Amount: $194,655
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Nov 01, 2036

About Boulder Ridge



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Frequently Asked Questions

What neighborhood is 1315 Peppermill Lane located in?
The 1315 Peppermill Lane is a located in the neighborhood of Boulder Ridge in Boulder Ridge, Champaign.
What is the average sales price for listings in 1315 Peppermill Lane?
The average sales price for units in 1315 Peppermill Lane is $0 currently.

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