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1202 Railside Drive

1202 Railside Drive, Gibson City, IL 60936
House in Drummer
Sold Aug 16, 2023
$420,000
$336,000 by Busey Bank
Mortgage Due Sep 01, 2053
Sold Aug 20, 2012
$30,000
1202 Railside Drive in Gibson City, IL was first built in 2012 and is 12 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. 1202 Railside Drive has 2,488 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. The linear feet across the front of the lot is 955 ft and the linear feet between the front and back of the lot is 1,351. In total, the area measurement of the land is 13,323 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 1,006 sqft. The property was last sold in Aug 11, 2023 for $420,000. That's $70.21 per sqft. Prior to that sales transaction, the property was also sold in Jul 31, 2012 for $30,000. 1202 Railside Drive was last assessed in 2022. The total value of the property was assessed at $121,050. Specifically, the land the property is located on was valued at $11,810. While improvements on the property were assessed at a total of $109,240. 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 $9,253. 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. 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

Stone Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Total Rooms: 6
  • Bedroom Count: 3
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 2,488
  • Garage Type: Attached
  • Garage Square Area: 1,006
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,323
  • Lot Size Depth Feet: 1,351
  • Lot Size Frontage Feet: 955
  • Total Building Area: 5,982
  • Building Area: 2,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 2,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAILSIDE ESTATES SUB
  • Land Acres: 0.305
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 36 RAILSIDE ESTATES SUB NO 1 95.45 X 135.09 IRREG

Ownership

  • Current Owner : LUTTERBIE JOSEPH
  • Current Owner 2: LUTTERBIE SARAH
  • Previous Owner : CHUNG JOSEPH
  • Previous Owner 2: CHUNG BYEONGHYE
  • Owner Before Previous Owner: RAILSIDE FARMS INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Gibson City-Melvin-Sibley Community Unit School District 5
  • Census Tract: 961900

Geography

  • District: 90
  • Parcel: 09-11-02-253-009
  • Lot: 36
  • Meridian: SEC 02 TWN 23N RNG 07E
  • Municipality: DRUMMER TOWNSHIP
  • Latitude: 40.479
  • Longitude: -88.3743

    Address

  • Full Address: 1202 Railside Dr
  • Address - House Number: 1202
  • Address - Street Name: Railside
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Gibson City
  • Carrier Code: R001
  • 4-Digit Zip Code: 1347
  • Zip Code: 60936

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,253
  • Tax Rate Code Area: 09007

    Appraisal Valuation

  • Standard Deviation: 0.3436
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 31
  • Final Value: 413,630
  • High Value: 555,770
  • Low Value: 271,489

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $336,000
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Aug 16, 2023
  • First Open Lien Mortgage Loan Amount: $336,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $363,150
  • Market Land Value: $35,430
  • Market Improvement Value: $327,720

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $121,050
  • Assessed Land Value: $11,810
  • Assessed Improvements Value: $109,240

    Sales

  • Current Sale Contract Date: Aug 11, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Transaction ID: 11913435945
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 281830
  • Previous Sale Recording Date: Aug 20, 2012
  • Previous Sale Contract Date: Jul 31, 2012
  • Previous Sale Amount: $30,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BUSEY BANK
  • First Mortgage Transaction Date: Aug 16, 2023
  • First Mortgage Loan Amount: $336,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

About Gibson City



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Listing by Manager

Frequently Asked Questions

What neighborhood is 1202 Railside Drive located in?
The 1202 Railside Drive is a house located in the neighborhood of Drummer in Gibson City, Gibson City.
What is the average sales price for listings in 1202 Railside Drive?
The average sales price for units in 1202 Railside Drive is $0 currently.

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