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27225 Virginia Drive

27225 Virginia Drive, Danville, IL 61834
Property in Newell
Sold Jun 29, 2021
$345,000
$340,000 by Fisher National Bank
Mortgage Due Nov 15, 2043
27225 Virginia Drive has been categorized by the local assessors in Danville, IL as a residential type of property. The area measurement of the land has been determined as 84,506 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. Based on our sources, 27225 Virginia Drive was last sold in Jun 29, 2021 for $345,000. Current property owners are expected to pay $9,676 in taxes per year. The property on 27225 Virginia Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $122,459. To break that down further, the land itself was valued at $16,377. While improvements to the property were assessed at a total of $106,082. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 84,506
  • 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: BELLE-MEADE
  • Land Acres: 1.94
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BELLE-MEADE SUB 19 21 11 LT 21, 24

Ownership

  • Current Owner : FOX DEVAN
  • Current Owner 2: FOX MIRANDA
  • Previous Owner : DAVID CUNNINGHAM BRADLEY
  • Previous Owner 2: DAVID AMY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Bismarck-Henning Consolidated Unit School District
  • Census Tract: 010400

Geography

  • District: NE
  • Parcel: 14-19-401-026
  • Lot: 21,24
  • Meridian: SEC 19 TWN 21 RNG 11
  • Municipality: NEWELL
  • Latitude: 40.2601
  • Longitude: -87.6261

    Address

  • Full Address: 27225 Virginia Dr
  • Address - House Number: 27225
  • Address - Street Name: Virginia
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Danville
  • Carrier Code: R003
  • 4-Digit Zip Code: 6044
  • Zip Code: 61834

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,676
  • Tax Rate Code Area: NE019

    Appraisal Valuation

  • Standard Deviation: 0.3849
  • Valuation Date: Nov 22, 2023
  • Confidence Score: 23
  • Final Value: 412,906
  • High Value: 571,873
  • Low Value: 253,938

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $340,000
  • First Open Lien Mortgage Lender: FISHER NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Nov 17, 2023
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $340,000
  • First Open Lien Mortgage Term: 240
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Nov 15, 2043

    Market Valuation

  • Market Total Value: $367,377
  • Market Land Value: $49,131
  • Market Improvement Value: $318,246

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,459
  • Assessed Land Value: $16,377
  • Assessed Improvements Value: $106,082

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Transaction ID: 11844811037
  • Current Sale Price: $345,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4871

    Last Sale Mortgage

  • First Mortgage Lender: IROQUOIS FEDERAL SAVINGS & LOA
  • First Mortgage Transaction Date: Jun 29, 2021
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Vermilion



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Frequently Asked Questions

What neighborhood is 27225 Virginia Drive located in?
The 27225 Virginia Drive is a located in the neighborhood of Newell in Vermilion, Danville.
What is the average sales price for listings in 27225 Virginia Drive?
The average sales price for units in 27225 Virginia Drive is $0 currently.

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