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1116 Fondulac Drive

1116 Fondulac Drive, East Peoria, IL 61611
Property in Fondulac
Sold May 02, 2018
$385,000
$308,000 by Commerce Bank
Mortgage
1116 Fondulac Drive has been categorized by the local assessors in East Peoria, IL as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1116 Fondulac Drive has 3,960 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. Those looking for additional storage or space will be happy to hear that there is a partial basement that is 1,480 sqft. Please note, that typically the basement, garage, and or porch square footage is not included in the calculations of the living area square footage. The area measurement of the land has been determined as 94,961 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 attached garage for those who require parking. The garage measured 1,488 sqft. According to our sources, there are a total of 3 available parking spaces. Moving on to the building itself. The condition of the building has been evaluated as average. The roof of the building is made of composition shingle. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 1116 Fondulac Drive sold most recently in May 1, 2018 for a total of $385,000. If you work out the math, that's approximately a cost of $173.11 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 $11,748 in taxes each year. 1116 Fondulac Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $135,290. If we break it down further, the land itself was valued at $31,040. Improvements to the property, however, were assessed at a total of $104,250. 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. 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!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

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 11
  • Building Condition: Average
  • Roof Cover Type: Composition shingle
  • Floor Count: 2
  • Basement Type: Partial basement
  • Basement Area: 1,480
  • Garage Type: Attached
  • Garage Square Area: 1,488
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 94,961
  • Total Building Area: 2,224
  • Gross Building Area: 2,224
  • Building Area: 3,960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 3,960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEVIEW CAMP
  • Land Acres: 2.18
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Vehicles general
  • Legal Description 1: SEC 27 T26N R4W LAKEVIEW CAMP LOT 6 SW 1/4

Ownership

  • Current Owner : BENEVENTI MICHAEL K
  • Current Owner 2: BENEVENTI SANDRA L
  • Previous Owner : GRAHAM MICHAEL J
  • Previous Owner 2: GRAHAM STACEY J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Peoria Community High School District 309
  • Census Tract: 020100

Geography

  • District: 010
  • Section: 27
  • Parcel: 01-01-27-302-014
  • Lot: 6
  • Meridian: SEC 27 TWN 26N RNG 04W
  • Municipality: FONDULAC
  • Latitude: 40.6752
  • Longitude: -89.5561

    Address

  • Full Address: 1116 Fondulac Dr
  • Address - House Number: 1116
  • Address - Street Name: Fondulac
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: East Peoria
  • Carrier Code: C056
  • 4-Digit Zip Code: 2126
  • Zip Code: 61611

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,748
  • Tax Rate Code Area: 01010

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 74
  • Final Value: 467,261
  • High Value: 557,968
  • Low Value: 376,555

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $308,000
  • First Open Lien Mortgage Lender: COMMERCE BANK
  • First Open Lien Mortgage Recording Date: May 02, 2018
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $308,000
  • 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: $405,870
  • Market Land Value: $93,120
  • Market Improvement Value: $312,750

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $135,290
  • Assessed Land Value: $31,040
  • Assessed Improvements Value: $104,250

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 01, 2018
  • Current Sale Recording Date: May 02, 2018
  • Current Sale Transaction ID: 11460205341
  • Current Sale Price: $385,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 201800005554

    Last Sale Mortgage

  • First Mortgage Lender: COMMERCE BANK
  • First Mortgage Transaction Date: May 02, 2018
  • First Mortgage Loan Amount: $308,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Variable

About East Peoria



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Frequently Asked Questions

What neighborhood is 1116 Fondulac Drive located in?
The 1116 Fondulac Drive is a located in the neighborhood of Fondulac in East Peoria, East Peoria.
What is the average sales price for listings in 1116 Fondulac Drive?
The average sales price for units in 1116 Fondulac Drive is $0 currently.

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