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1260 Cedar Drive

1260 Cedar Drive, Wood River, IL 62095
Property in East Alton
Sold Jul 27, 2023
$170,000
$100,000 by Southern Bank
Mortgage Due Sep 25, 2033
Sold Jan 30, 2017
$130,000
$127,645 by Broker Solutions Inc
Mortgage Due Feb 01, 2047
1260 Cedar Drive has been categorized by the local assessors in Wood River, IL as a residential type of property. The building on the property was first built in 1976 and is 48 years old. The home has a total of 6 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1260 Cedar Drive has 1,098 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,280 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 8,960 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a ranch/rambler style.

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. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with masonry control joints. The exterior walls of the building are made of brick. 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1260 Cedar Drive was last sold in Jul 21, 2023 for $170,000. According to our calculations, that's $154.83 per sqft. Prior to that sales transaction, the property was sold for $130,000 in Jan 27, 2017. Current property owners are expected to pay $3,628 in taxes per year. The property on 1260 Cedar Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $42,800. To break that down further, the land itself was valued at $4,480. While improvements to the property were assessed at a total of $38,320. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1976
  • Effective Year Built: 1976
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Construction Type: Masonry
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Brick
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,960
  • Lot Size Depth Feet: 1,280
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,098
  • Gross Building Area: 1,098
  • Building Area: 1,098
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,098
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAST WOOD SECOND ADDN
  • Land Acres: 0.205
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EAST WOOD SECOND ADD LOT 157 70X128X IRR

Ownership

  • Current Owner : ARVIEW PAUL
  • Current Owner 2: ARVIEW PHYLLIS
  • Previous Owner : REYNOLDS JUSTIN
  • Owner Before Previous Owner: LYERLA PATRICK L
  • Owner Before Previous Owner 2: LYERLA CARRIE R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: East Alton-Wood River Community High School District 14
  • School Tax School District: H14
  • Census Tract: 401300

Geography

  • District: 19
  • Parcel: 19-2-08-22-05-101-004
  • Lot: 157
  • Municipality: WOOD RIVER
  • Latitude: 38.8784
  • Longitude: -90.0932

    Address

  • Full Address: 1260 Cedar Dr
  • Address - House Number: 1260
  • Address - Street Name: Cedar
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Wood River
  • Carrier Code: C008
  • 4-Digit Zip Code: 1376
  • Zip Code: 62095

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,628
  • Tax Rate Code Area: 158

    Appraisal Valuation

  • Standard Deviation: 0.137
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 72
  • Final Value: 169,622
  • High Value: 192,871
  • Low Value: 146,372

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: SOUTHERN BANK
  • First Open Lien Mortgage Recording Date: Sep 25, 2023
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $100,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 25, 2033

    Market Valuation

  • Market Total Value: $128,528
  • Market Land Value: $13,453
  • Market Improvement Value: $115,075

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,800
  • Assessed Land Value: $4,480
  • Assessed Improvements Value: $38,320

    Sales

  • Current Sale Contract Date: Jul 21, 2023
  • Current Sale Recording Date: Jul 27, 2023
  • Current Sale Transaction ID: 11910876200
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2023R19749
  • Previous Sale Recording Date: Jan 30, 2017
  • Previous Sale Contract Date: Jan 27, 2017
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Transaction Date: Jul 27, 2023
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: BROKER SOLUTIONS INC
  • Previous Mortgage Transaction Date: Jan 30, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $127,645
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Feb 01, 2047

About East Alton



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Frequently Asked Questions

What neighborhood is 1260 Cedar Drive located in?
The 1260 Cedar Drive is a located in the neighborhood of East Alton in East Alton, Wood River.
What is the average sales price for listings in 1260 Cedar Drive?
The average sales price for units in 1260 Cedar Drive is $0 currently.

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