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618 Drake Lane

618 Drake Lane, Washington, IL 61571
Property in Washington
Sold Aug 05, 2019
$305,000
$289,750 by Cefcu
Mortgage
Sold Oct 12, 2009
$287,000
$258,210 by Heartland Bank & Trust Co
Mortgage Due Nov 01, 2039
618 Drake Lane in Washington, IL was first built in 2009 and is 15 years old. Although, the building on the property was most recently renovated and altered in 2021. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 3 partial bathrooms. 618 Drake Lane has 2,480 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 950 ft and the linear feet between the front and back of the lot is 1,300. In total, the area measurement of the land is 14,810 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of composition shingle. For those who need parking, there is a attached garage. The garage is 1,518 sqft. There are a total of 3 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 618 Drake Lane sold most recently in Aug 1, 2019 for a total of $305,000. If you work out the math, that's approximately a cost of $97.29 per sqft. Before that, the property was also sold for $287,000 in Sep 30, 2009. 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 $9,044 in taxes each year. 618 Drake Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $118,780. If we break it down further, the land itself was valued at $18,210. Improvements to the property, however, were assessed at a total of $100,570. 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: 2009
  • Effective Year Built: 2021
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: A
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Unfinished basement
  • Basement Area: 1,188
  • Garage Type: Attached
  • Garage Square Area: 1,518
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 14,810
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 950
  • Total Building Area: 3,135
  • Gross Building Area: 3,135
  • Building Area: 2,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MALLARD CROSSING
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 15 T26N R3W MALLARD CROSSING SECTION 2 LOT 113 SW 1/4 .34 AC

Ownership

  • Current Owner : STAMPER ERIC N
  • Current Owner 2: STAMPER YVONNE M
  • Previous Owner : LANG DANIEL I
  • Previous Owner 2: LANG DEANNE D
  • Owner Before Previous Owner: MERGANSER PROPERTIES LLC BROWN SERIES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Washington Community High School District 308
  • Census Tract: 022300

Geography

  • District: 020
  • Section: 15
  • Parcel: 02-02-15-303-020
  • Lot: 113
  • Meridian: SEC 15 TWN 26N RNG 03W
  • Municipality: WASHINGTON
  • Latitude: 40.7123
  • Longitude: -89.4382

    Address

  • Full Address: 618 Drake Ln
  • Address - House Number: 618
  • Address - Street Name: Drake
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Washington
  • Carrier Code: R005
  • 4-Digit Zip Code: 9281
  • Zip Code: 61571

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,044
  • Tax Rate Code Area: 02021

    Appraisal Valuation

  • Standard Deviation: 0.2129
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 407,089
  • High Value: 493,765
  • Low Value: 320,413

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $289,750
  • First Open Lien Mortgage Lender: CEFCU
  • First Open Lien Mortgage Recording Date: Aug 05, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $289,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $356,340
  • Market Land Value: $54,630
  • Market Improvement Value: $301,710

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $118,780
  • Assessed Land Value: $18,210
  • Assessed Improvements Value: $100,570

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 01, 2019
  • Current Sale Recording Date: Aug 05, 2019
  • Current Sale Transaction ID: 11635221405
  • Current Sale Price: $305,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 201900010093
  • Previous Sale Recording Date: Oct 12, 2009
  • Previous Sale Contract Date: Sep 30, 2009
  • Previous Sale Amount: $287,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: CEFCU
  • First Mortgage Transaction Date: Aug 05, 2019
  • First Mortgage Loan Amount: $289,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HEARTLAND BANK & TRUST CO
  • Previous Mortgage Transaction Date: Oct 12, 2009
  • Previous Mortgage Loan Amount: $258,210
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2039

About Washington



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Frequently Asked Questions

What neighborhood is 618 Drake Lane located in?
The 618 Drake Lane is a located in the neighborhood of Washington in Washington, Washington.
What is the average sales price for listings in 618 Drake Lane?
The average sales price for units in 618 Drake Lane is $0 currently.

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