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1004 Perry Lane

1004 Perry Lane, Normal, IL 61761
House in Normal
Sold Apr 19, 2019
$150,000
$127,285 by Busey Bank
Mortgage Due May 01, 2049
1004 Perry Lane has been categorized by the local assessors in Normal, IL as a residential type of property. The building on the property was first built in 2002 and is 22 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1004 Perry Lane has 1,608 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,100 ft and across the front of the lot is 530 ft. The area measurement of the land has been determined as 5,830 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 440 sqft. Residents will have the luxury of enjoying both a unknown and a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of asphalt. The exterior walls of the building are made of alum/vinyl siding. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a forced air unit and being fueled with gas. There is a single fireplace in the home. Perfect for those wintery 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, 1004 Perry Lane sold most recently in Apr 16, 2019 for a total of $150,000. If you work out the math, that's approximately a cost of $57.08 per sqft. 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 $4,409 in taxes each year. 1004 Perry Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $55,077. If we break it down further, the land itself was valued at $8,932. Improvements to the property, however, were assessed at a total of $46,145. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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

  • Year Built: 2002
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Basement Type: Unspecified basement
  • Basement Area: 804
  • Garage Type: Garage
  • Garage Square Area: 440
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,830
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 530
  • Total Building Area: 2,628
  • Building Area: 1,608
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,608
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SAVANNAH GREEN SUB
  • Land Acres: 0.146
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: SAVANNAH GREEN SUB 5TH ADD LT 163

Ownership

  • Current Owner : WU EMILY MICHELLE
  • Previous Owner : SCHMID ABAGAIL
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: McLean County Unit School District 5
  • Census Tract: 000109

Zoning

  • Zoning: R-1B

Geography

  • District: 30
  • Parcel: 14-22-406-019
  • Lot: 163
  • Meridian: SEC 22 TWN 24N RNG 02E
  • Municipality: NORMAL
  • Latitude: 40.5231
  • Longitude: -88.9715

    Address

  • Full Address: 1004 Perry Ln
  • Address - House Number: 1004
  • Address - Street Name: Perry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Normal
  • Carrier Code: R029
  • 4-Digit Zip Code: 5743
  • Zip Code: 61761

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,409
  • Tax Rate Code Area: 3001

    Appraisal Valuation

  • Standard Deviation: 0.2079
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 239,755
  • High Value: 289,624
  • Low Value: 189,886

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,285
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Apr 19, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $127,285
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: May 01, 2049

    Market Valuation

  • Market Total Value: $165,231
  • Market Land Value: $26,796
  • Market Improvement Value: $138,435

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $55,077
  • Assessed Land Value: $8,932
  • Assessed Improvements Value: $46,145

    Sales

  • Current Sale Contract Date: Apr 16, 2019
  • Current Sale Recording Date: Apr 19, 2019
  • Current Sale Transaction ID: 11600014957
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019-00005687

    Last Sale Mortgage

  • First Mortgage Lender: BUSEY BANK
  • First Mortgage Transaction Date: Apr 19, 2019
  • First Mortgage Loan Amount: $127,285
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: May 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Normal




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Frequently Asked Questions

What neighborhood is 1004 Perry Lane located in?
The 1004 Perry Lane is a house located in the neighborhood of Normal in Normal, Normal.
What is the average sales price for listings in 1004 Perry Lane?
The average sales price for units in 1004 Perry Lane is $155,000 , or $95/sqft. currently.

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