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1028 Bel Air Drive

1028 Bel Air Drive, Rantoul, IL 61866
House in Ludlow
Sold Sep 12, 2017
$57,000
$55,967 by Finance Of America Mortgage Ll
Mortgage Due Oct 01, 2047
Local assessors in Rantoul, IL have categorized 1028 Bel Air Drive as a residential type of property. The property's lot size has been calculated to be 6,170 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. 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, 1028 Bel Air Drive sold most recently in Aug 14, 2017 for a total of $57,000. 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 $1,452 in taxes each year. 1028 Bel Air Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $19,610. If we break it down further, the land itself was valued at $3,780. Improvements to the property, however, were assessed at a total of $15,830. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 6,170
  • 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: BEL AIR ADD
  • Land Acres: 0.142
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 22 BEL AIR ADD

Ownership

  • Current Owner : COOPER VICTORIA L
  • Previous Owner : MORGAN MELINDA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rantoul City School District 137
  • School Tax School District: 101
  • Census Tract: 010100

Geography

  • District: 14
  • Parcel: 14-03-35-404-006
  • Lot: 22
  • Meridian: SEC 35 TWN 22N RNG 09E
  • Municipality: LUDLOW
  • Latitude: 40.3173
  • Longitude: -88.1451

    Address

  • Full Address: 1028 Bel Aire Dr
  • Address - House Number: 1028
  • Address - Street Name: Bel Aire
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C005
  • 4-Digit Zip Code: 1615
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,452
  • Tax Rate Code Area: 1405

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 86,680
  • High Value: 109,551
  • Low Value: 63,808

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $55,967
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Sep 12, 2017
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $55,967
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2047

    Market Valuation

  • Market Total Value: $58,830
  • Market Land Value: $11,340
  • Market Improvement Value: $47,490

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,610
  • Assessed Land Value: $3,780
  • Assessed Improvements Value: $15,830

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 14, 2017
  • Current Sale Recording Date: Sep 12, 2017
  • Current Sale Transaction ID: 1736331555
  • Current Sale Price: $57,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017R17416

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Sep 12, 2017
  • First Mortgage Loan Amount: $55,967
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047

    Financing

  • First Mortgage Financing Type: Unknown

About Rantoul



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Frequently Asked Questions

What neighborhood is 1028 Bel Air Drive located in?
The 1028 Bel Air Drive is a house located in the neighborhood of Ludlow in Rantoul, Rantoul.
What is the average sales price for listings in 1028 Bel Air Drive?
The average sales price for units in 1028 Bel Air Drive is $0 currently.

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