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1305 Fairlawn Drive

1305 Fairlawn Drive, Rantoul, IL 61866
Property in Rantoul
Sold Jun 21, 2004
$49,000
$46,550 by Bank Of Rantoul
Mortgage Due Jul 01, 2034
1305 Fairlawn Drive in Rantoul, IL was first built in 1950 and is 74 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a a-frame style. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1305 Fairlawn Drive has 875 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 5,650 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 280 sqft. There is one available parking space. 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. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Jun 17, 2004 for $49,000. That's $42.42 per sqft. 1305 Fairlawn Drive was last assessed in 2022. The total value of the property was assessed at $17,500. Specifically, the land the property is located on was valued at $2,460. While improvements on the property were assessed at a total of $15,040. 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 $475. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: A-frame
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 875
  • Garage Type: Attached
  • Garage Square Area: 280
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,650
  • Total Building Area: 1,155
  • Gross Building Area: 1,155
  • Building Area: 875
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 875
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PRAIRIE VIEW PARK ADD 2
  • Land Acres: 0.13
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 141 PRAIRIE VIEW PARK ADD 2

Ownership

  • Current Owner : LAURILA SCOTT
  • Previous Owner : THOMPSON STEVEN L
  • Previous Owner 2: THOMPSON SHARON D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rantoul City School District 137
  • School Tax School District: 101
  • Census Tract: 010204

Geography

  • District: 20
  • Parcel: 20-09-02-231-028
  • Lot: 141
  • Meridian: SEC 02 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.3084
  • Longitude: -88.1401

    Address

  • Full Address: 1305 Fairlawn Dr
  • Address - House Number: 1305
  • Address - Street Name: Fairlawn
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C002
  • 4-Digit Zip Code: 2625
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $475
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 75,311
  • High Value: 95,183
  • Low Value: 55,440

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $46,550
  • First Open Lien Mortgage Lender: BANK OF RANTOUL
  • First Open Lien Mortgage Recording Date: Jun 21, 2004
  • First Open Lien Mortgage Loan Amount: $46,550
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2034

    Market Valuation

  • Market Total Value: $52,500
  • Market Land Value: $7,380
  • Market Improvement Value: $45,120

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,500
  • Assessed Land Value: $2,460
  • Assessed Improvements Value: $15,040

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 17, 2004
  • Current Sale Recording Date: Jun 21, 2004
  • Current Sale Transaction ID: 1143335258
  • Current Sale Price: $49,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2004R19008

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF RANTOUL
  • First Mortgage Transaction Date: Jun 21, 2004
  • First Mortgage Loan Amount: $46,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Unknown (DEFAULT)
  • First Mortgage Loan Due Date: Jul 01, 2034

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Frequently Asked Questions

What neighborhood is 1305 Fairlawn Drive located in?
The 1305 Fairlawn Drive is a located in the neighborhood of Rantoul in Rantoul, Rantoul.
What is the average sales price for listings in 1305 Fairlawn Drive?
The average sales price for units in 1305 Fairlawn Drive is $0 currently.

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