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420 West Lake Boulevard

420 West Lake Boulevard, Danville, IL 61832
Property in Newell
Sold Apr 06, 2021
$76,500
$47,760 by Tri-county Bank And Trust
Mortgage Due May 01, 2031
This has been categorized as a residential property type. The linear feet across the front of the lot is 650 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 10,019 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, 420 West Lake Boulevard sold most recently in Mar 25, 2021 for a total of $76,500. 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 $1,094 in taxes each year. 420 West Lake Boulevard was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $23,957. If we break it down further, the land itself was valued at $2,185. Improvements to the property, however, were assessed at a total of $21,772. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 10,019
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 650
  • 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: LAKE BLVD
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKE BLVD ADD L17 & 15'E SDE L18 B20

Ownership

  • Current Owner : SPRAGUE STEPHEN
  • Current Owner 2: SPRAGUE SABINE
  • Previous Owner : VARNER LINDSAY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Danville Community Consolidated School District 118
  • Census Tract: 001300

Geography

  • District: NE
  • Parcel: 18-18-404-006
  • Block: 20
  • Lot: A
  • Meridian: SEC 18 TWN 20N RNG 11W
  • Municipality: NEWELL
  • Latitude: 40.1927
  • Longitude: -87.6433

    Address

  • Full Address: 420 W Lake Blvd
  • Address - House Number: 420
  • Street Direction: W
  • Address - Street Name: Lake
  • Address - Suffix Type: Blvd
  • State: IL
  • City Name: Danville
  • Carrier Code: C023
  • 4-Digit Zip Code: 1048
  • Zip Code: 61832

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,094
  • Tax Rate Code Area: NE007

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 51
  • Final Value: 103,384
  • High Value: 137,485
  • Low Value: 69,283

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $47,760
  • First Open Lien Mortgage Lender: TRI-COUNTY BANK AND TRUST
  • First Open Lien Mortgage Recording Date: Apr 06, 2021
  • First Open Lien Mortgage Loan Amount: $47,760
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2031

    Market Valuation

  • Market Total Value: $71,871
  • Market Land Value: $6,555
  • Market Improvement Value: $65,316

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,957
  • Assessed Land Value: $2,185
  • Assessed Improvements Value: $21,772

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 25, 2021
  • Current Sale Recording Date: Apr 06, 2021
  • Current Sale Transaction ID: 11833349026
  • Current Sale Price: $76,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2604

    Last Sale Mortgage

  • First Mortgage Lender: TRI-COUNTY BANK AND TRUST
  • First Mortgage Transaction Date: Apr 06, 2021
  • First Mortgage Loan Amount: $47,760
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2031

About Vermilion



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Frequently Asked Questions

What neighborhood is 420 West Lake Boulevard located in?
The 420 West Lake Boulevard is a located in the neighborhood of Newell in Vermilion, Danville.
What is the average sales price for listings in 420 West Lake Boulevard?
The average sales price for units in 420 West Lake Boulevard is $0 currently.

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