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1218 Freeman Street

1218 Freeman Street, Danville, IL 61832
Property in Danville
Sold Dec 21, 2021
$38,000
$35,946 by Mortgage Research Center Llc
Mortgage Due Jan 01, 2052
This has been categorized as a residential property type. The linear feet across the front of the lot is 400 ft and the linear feet between the front and back of the lot is 1,360. In total, the area measurement of the land is 5,456 square feet.

Learn more about the property and building on this page. 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, 1218 Freeman Street sold most recently in Jan 1, 1970 for a total of $38,000. 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 $522 in taxes each year. 1218 Freeman Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $15,910. If we break it down further, the land itself was valued at $1,273. Improvements to the property, however, were assessed at a total of $14,637. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,456
  • Lot Size Depth Feet: 1,360
  • Lot Size Frontage Feet: 400
  • 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: CRAWFORD & LANES 1ST ADD
  • Land Acres: 0.125
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CRAWFORD & LANES 1ST ADD--L16

Ownership

  • Current Owner : LUSE KAREN
  • Previous Owner : COOPER FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Danville Community Consolidated School District 118
  • Census Tract: 010500

Geography

  • District: DA
  • Parcel: 23-16-207-017
  • Lot: 16
  • Meridian: SEC 16 TWN 19N RNG 11W
  • Municipality: DANVILLE
  • Latitude: 40.1104
  • Longitude: -87.6053

    Address

  • Full Address: 1218 Freeman St
  • Address - House Number: 1218
  • Address - Street Name: Freeman
  • Address - Suffix Type: St
  • State: IL
  • City Name: Danville
  • Carrier Code: C013
  • 4-Digit Zip Code: 7357
  • Zip Code: 61832

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $522
  • Tax Rate Code Area: DN004

    Appraisal Valuation

  • Standard Deviation: 0.1418
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 83
  • Final Value: 35,021
  • High Value: 39,988
  • Low Value: 30,054

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $35,946
  • First Open Lien Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Open Lien Mortgage Recording Date: Dec 21, 2021
  • First Open Lien Mortgage Loan Amount: $35,946
  • 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: Jan 01, 2052

    Market Valuation

  • Market Total Value: $47,730
  • Market Land Value: $3,819
  • Market Improvement Value: $43,911

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $15,910
  • Assessed Land Value: $1,273
  • Assessed Improvements Value: $14,637

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Dec 21, 2021
  • Current Sale Transaction ID: 11876948788
  • Current Sale Price: $38,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 10100

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE RESEARCH CENTER LLC
  • First Mortgage Transaction Date: Dec 21, 2021
  • First Mortgage Loan Amount: $35,946
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jan 01, 2052

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1218 Freeman Street located in?
The 1218 Freeman Street is a located in the neighborhood of Danville in Danville, Danville.
What is the average sales price for listings in 1218 Freeman Street?
The average sales price for units in 1218 Freeman Street is $0 currently.

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