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1021 Vermillion Street

1021 Vermillion Street, Plano, IL 60545
Property in Little Rock
Sold May 19, 2022
$325,000
$308,750 by Loandepot Com Llc
Mortgage
Sold Aug 03, 2021
$260,500
$255,514 by M/i Financial Llc
Mortgage Due Aug 01, 2051
1021 Vermillion Street has been categorized by the local assessors in Plano, IL as a residential type of property. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 8,360 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. The property was last sold in May 19, 2022 for $325,000. Prior to that sales transaction, the property was also sold in Jul 9, 2021 for $260,500. 1021 Vermillion Street was last assessed in 2022. The total value of the property was assessed at $81,259. Specifically, the land the property is located on was valued at $7,610. While improvements on the property were assessed at a total of $73,649. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $7,051. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. 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

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

    Dimensions

  • Lot Size Square Feet: 8,360
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • 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: LAKEWOOD SPRINGS
  • Land Acres: 0.192
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 1482 LAKEWOOD SPRINGS UNIT 6 CITY OF PLANO

Ownership

  • Current Owner : KERR NATHAN
  • Current Owner 2: KERR DARIAN
  • Previous Owner : HILL KEIDRA M
  • Owner Before Previous Owner: M I HOMES OF CHICAGO LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Plano Community Unit School District 88
  • Census Tract: 890502

Geography

  • Assessors Map Reference: 3259-B5
  • Parcel: 01-21-230-045
  • Lot: 1482
  • Municipality: LITTLE ROCK TOWNSHIP
  • Latitude: 41.6724
  • Longitude: -88.5477

    Address

  • Full Address: 1021 Vermillion St
  • Address - House Number: 1021
  • Address - Street Name: Vermillion
  • Address - Suffix Type: St
  • State: IL
  • City Name: Plano
  • Carrier Code: R003
  • 4-Digit Zip Code: 3027
  • Zip Code: 60545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,051
  • Tax Rate Code Area: LR003

    Appraisal Valuation

  • Standard Deviation: 0.1541
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 315,080
  • High Value: 363,665
  • Low Value: 266,496

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,750
  • First Open Lien Mortgage Lender: LOANDEPOT COM LLC
  • First Open Lien Mortgage Recording Date: May 19, 2022
  • First Open Lien Mortgage Loan Amount: $308,750
  • 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: $243,777
  • Market Land Value: $22,830
  • Market Improvement Value: $220,947

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,259
  • Assessed Land Value: $7,610
  • Assessed Improvements Value: $73,649

    Sales

  • Current Sale Contract Date: May 19, 2022
  • Current Sale Recording Date: May 19, 2022
  • Current Sale Transaction ID: 11888258175
  • Current Sale Price: $325,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 8849
  • Previous Sale Recording Date: Aug 03, 2021
  • Previous Sale Contract Date: Jul 09, 2021
  • Previous Sale Amount: $260,500
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT COM LLC
  • First Mortgage Transaction Date: May 19, 2022
  • First Mortgage Loan Amount: $308,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: M/I FINANCIAL LLC
  • Previous Mortgage Transaction Date: Aug 03, 2021
  • Previous Mortgage Loan Amount: $255,514
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Aug 01, 2051

About Plano



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1021 Vermillion Street located in?
The 1021 Vermillion Street is a located in the neighborhood of Little Rock in Plano, Plano.
What is the average sales price for listings in 1021 Vermillion Street?
The average sales price for units in 1021 Vermillion Street is $0 currently.

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