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1002 South Timber Lane

1002 South Timber Lane, Eureka, IL 61530
Property in Olio
Sold Apr 01, 2019
$108,500
$104,046 by Goodfield State Bank
Mortgage Due Apr 01, 2052
1002 South Timber Lane in Eureka, IL was first built in 1956 and is 68 years old. This has been categorized as a residential property type. 1002 South Timber Lane has 1,600 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 1,500 ft and the linear feet between the front and back of the lot is 1,350. In total, the area measurement of the land is 20,250 square feet.

Learn more about the property and building on this page. 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, 1002 South Timber Lane was last sold in Mar 28, 2019 for $108,500. According to our calculations, that's $67.81 per sqft. Current property owners are expected to pay $2,587 in taxes per year. The property on 1002 South Timber Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $38,052. To break that down further, the land itself was valued at $7,677. While improvements to the property were assessed at a total of $30,375. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,250
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 1,500
  • Total Building Area: 1,600
  • Gross Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,600
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BAILEY HARTTER SUBDIVISION
  • Land Acres: 0.464
  • Standard Land Use Code: Single family residential
  • Legal Description 1: T26N - R2W - S13 LTS 11 12 PT 13 PLT B SE1/4 BAILEY HARTTER SUBD

Ownership

  • Current Owner : WEECH TIMOTHY G
  • Current Owner 2: SCOFIELD SARAH A
  • Previous Owner : REIHL HAROLD A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Eureka Community Unit District 140
  • Census Tract: 030601

Geography

  • District: 14
  • Parcel: 13-13-405-001
  • Lot: 11-13
  • Meridian: SEC 13 TWN 26N RNG 02W
  • Municipality: OLIO
  • Latitude: 40.7118
  • Longitude: -89.2748

    Address

  • Full Address: 1002 S Timber Ln
  • Address - House Number: 1002
  • Street Direction: S
  • Address - Street Name: Timber
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Eureka
  • Carrier Code: R003
  • 4-Digit Zip Code: 1693
  • Zip Code: 61530

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,587
  • Tax Rate Code Area: 14008

    Appraisal Valuation

  • Standard Deviation: 0.2137
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 70
  • Final Value: 140,438
  • High Value: 170,457
  • Low Value: 110,419

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $142,924
  • First Open Lien Mortgage Lender: GOODFIELD STATE BANK
  • First Open Lien Mortgage Recording Date: Mar 21, 2022
  • First Open Lien Mortgage Loan Amount: $104,046
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052
  • Second Open Lien Mortgage Lender: GOODFIELD STATE BANK
  • Second Open Lien Mortgage Recording Date: May 03, 2022
  • Second Open Lien Mortgage Loan Amount: $38,878
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $114,156
  • Market Land Value: $23,031
  • Market Improvement Value: $91,125

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $38,052
  • Assessed Land Value: $7,677
  • Assessed Improvements Value: $30,375

    Sales

  • Current Sale Contract Date: Mar 28, 2019
  • Current Sale Recording Date: Apr 01, 2019
  • Current Sale Transaction ID: 11808089446
  • Current Sale Price: $108,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 901077

    Last Sale Mortgage

  • First Mortgage Lender: GOODFIELD STATE BANK
  • First Mortgage Transaction Date: Apr 01, 2019
  • First Mortgage Loan Amount: $105,245
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2049

About Eureka



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Frequently Asked Questions

What neighborhood is 1002 South Timber Lane located in?
The 1002 South Timber Lane is a located in the neighborhood of Olio in Eureka, Eureka.
What is the average sales price for listings in 1002 South Timber Lane?
The average sales price for units in 1002 South Timber Lane is $0 currently.

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