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1102 Colony Court

1102 Colony Court, O Fallon, IL 62269
Property in O'Fallon
Refi Jun 16, 2021
Transfer
Owner
$360,000 by Lima One Capital Llc
Mortgage
1102 Colony Court in O Fallon, IL was first built in 1988 and is 36 years old. Although, the building on the property was most recently renovated and altered in 1997. This has been categorized as a residential property type. There are a total of 2 floors. There are 4 partial bathrooms. 1102 Colony Court has 1,178 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. In total, the area measurement of the land is 17,424 square feet.

Learn more about the property and building on this page. There is a open porch. For those who need parking, there is a garage. The garage is 528 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C+. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $5,714 in taxes per year. The property on 1102 Colony Court was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $73,320. To break that down further, the land itself was valued at $19,830. While improvements to the property were assessed at a total of $53,490. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1988
  • Effective Year Built: 1997
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Quality: C+
  • Construction Type: Frame
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 17,424
  • Total Building Area: 1,178
  • Building Area: 1,178
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,178
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TIMBER CREEK ESTATES
  • Land Acres: 0.4
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TIMBER CREEK ESTATES5TH ADD LOT/SEC-92 A02703793

Ownership

  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: O'Fallon Community Consolidated School District 90
  • Census Tract: 504352

Geography

  • District: 06
  • Parcel: 04-32-0-211-003
  • Block: 211
  • Municipality: OFALLON
  • Latitude: 38.5777
  • Longitude: -89.8947

    Address

  • Full Address: 1102 Colony Ct
  • Address - House Number: 1102
  • Address - Street Name: Colony
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: O Fallon
  • Carrier Code: C003
  • 4-Digit Zip Code: 2838
  • Zip Code: 62269

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,714
  • Tax Rate Code Area: 06005

    Appraisal Valuation

  • Standard Deviation: 0.2663
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 62
  • Final Value: 276,679
  • High Value: 350,363
  • Low Value: 202,995

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $360,000
  • First Open Lien Mortgage Lender: LIMA ONE CAPITAL LLC
  • First Open Lien Mortgage Recording Date: Jun 16, 2021
  • First Open Lien Mortgage Loan Amount: $360,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Market Valuation

  • Market Total Value: $219,960
  • Market Land Value: $59,490
  • Market Improvement Value: $160,470

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,320
  • Assessed Land Value: $19,830
  • Assessed Improvements Value: $53,490

About O'Fallon



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Frequently Asked Questions

What neighborhood is 1102 Colony Court located in?
The 1102 Colony Court is a located in the neighborhood of O'Fallon in O'Fallon, O Fallon.
What is the average sales price for listings in 1102 Colony Court?
The average sales price for units in 1102 Colony Court is $0 currently.

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