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264 Illinois Drive

264 Illinois Drive, Rantoul, IL 61866
Property in Rantoul
Sold Apr 27, 2021
$103,000
$30,525 by Flat Branch Home Loans Inc
Mortgage Due May 01, 2051
Sold Jan 30, 2020
$20,000
$250,000 by Jitw Inc
Mortgage Due Jan 28, 2025
This has been categorized as a residential property type. In total, the area measurement of the land is 8,702 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, 264 Illinois Drive sold most recently in Apr 21, 2021 for a total of $103,000. Before that, the property was also sold for $20,000 in Jan 28, 2020. 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 $1,473 in taxes each year. 264 Illinois Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $19,950. If we break it down further, the land itself was valued at $4,110. Improvements to the property, however, were assessed at a total of $15,840. 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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,702
  • 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: YOUMANS SUB
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 23 YOUMANS SUB

Ownership

  • Current Owner : CASTON ANGELA
  • Previous Owner : SMITH TRACY
  • Previous Owner 2: ESTATE OF JANICE LEE BUNKE
  • Owner Before Previous Owner: SMITH TRACY E
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Rantoul City School District 137
  • School Tax School District: 101
  • Census Tract: 010100

Geography

  • District: 20
  • Parcel: 20-03-35-380-009
  • Lot: 23
  • Meridian: SEC 35 TWN 22N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.3145
  • Longitude: -88.1465

    Address

  • Full Address: 264 Illinois Dr
  • Address - House Number: 264
  • Address - Street Name: Illinois
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C002
  • 4-Digit Zip Code: 1823
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,473
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 101,739
  • High Value: 128,583
  • Low Value: 74,894

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $30,525
  • First Open Lien Mortgage Lender: FLAT BRANCH HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Apr 27, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $30,525
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2051

    Market Valuation

  • Market Total Value: $59,850
  • Market Land Value: $12,330
  • Market Improvement Value: $47,520

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,950
  • Assessed Land Value: $4,110
  • Assessed Improvements Value: $15,840

    Sales

  • Current Sale Contract Date: Apr 21, 2021
  • Current Sale Recording Date: Apr 27, 2021
  • Current Sale Transaction ID: 11833578061
  • Current Sale Price: $103,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 2021R09665
  • Previous Sale Recording Date: Jan 30, 2020
  • Previous Sale Contract Date: Jan 28, 2020
  • Previous Sale Amount: $20,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAT BRANCH HOME LOANS INC
  • First Mortgage Transaction Date: Apr 27, 2021
  • First Mortgage Loan Amount: $30,525
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: JITW INC
  • Previous Mortgage Transaction Date: Jan 30, 2020
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Unknown (DEFAULT)
  • Previous Mortgage Loan Due Date: Jan 28, 2025

About Rantoul



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Frequently Asked Questions

What neighborhood is 264 Illinois Drive located in?
The 264 Illinois Drive is a located in the neighborhood of Rantoul in Rantoul, Rantoul.
What is the average sales price for listings in 264 Illinois Drive?
The average sales price for units in 264 Illinois Drive is $110,000 , or $84/sqft. currently.

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