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1330 West Ravina Park Road

1330 West Ravina Park Road, Decatur, IL 62526
Property in Ravina Park
Sold Jan 10, 2024
$35,000
$75,000 by Prairie State Bank And Trust
Mortgage Due Jan 09, 2029
Sold Aug 01, 1988
$35,000
Local assessors in Decatur, IL have categorized 1330 West Ravina Park Road as a residential type of property. The home was built in 1945 and is 79 years old. The property's lot size has been calculated to be 9,685 square feet. The linear feet between the front and back of the lot was measured at 650 ft and the front of the lot was measured at 1,490 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1330 West Ravina Park Road has a total of 772 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 672 sqft. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. 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, 1330 West Ravina Park Road sold most recently in Jan 9, 2024 for a total of $35,000. If you work out the math, that's approximately a cost of $45.34 per sqft. Before that, the property was also sold for $35,000 in Aug 1, 1988. That means the value of the property has remained about the same! Tax-wise, the current owner is expected to pay close to $1,374 in taxes each year. 1330 West Ravina Park Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $19,439. If we break it down further, the land itself was valued at $4,767. Improvements to the property, however, were assessed at a total of $14,672. 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. 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.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: 1945
  • Effective Year Built: 1945
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 672
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,685
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 1,490
  • Total Building Area: 772
  • Building Area: 772
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 772
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: L C WALTENS ADD
  • Land Acres: 0.222
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L C WALTENS ADD ~LOT 4 (EXC W 35) ~ 149X65

Ownership

  • Current Owner : LAMB GARY L
  • Current Owner 2: LAMB CHERYL
  • Previous Owner : YOUNKER SHERYL L
  • Previous Owner 2: YOUNKER TIMOTHY L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Decatur School District 61
  • Census Tract: 001802

Zoning

  • Zoning: MUNICIPAL

Geography

  • Account Number: 041204407005
  • District: 04
  • Parcel: 04-12-04-407-005
  • Lot: 4
  • Meridian: SEC 4 TWN 16N RNG 2E
  • Municipality: DECATUR
  • Latitude: 39.8658
  • Longitude: -88.9789

    Address

  • Full Address: 1330 W Ravina Park Rd
  • Address - House Number: 1330
  • Street Direction: W
  • Address - Street Name: Ravina Park
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Decatur
  • Carrier Code: C061
  • 4-Digit Zip Code: 3143
  • Zip Code: 62526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,374
  • Tax Rate Code Area: 04055

    Appraisal Valuation

  • Standard Deviation: 0.405
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 18
  • Final Value: 210,428
  • High Value: 295,652
  • Low Value: 125,203

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $75,000
  • First Open Lien Mortgage Lender: PRAIRIE STATE BANK AND TRUST
  • First Open Lien Mortgage Recording Date: Jan 10, 2024
  • First Open Lien Mortgage Loan Amount: $75,000
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: Jan 09, 2029

    Market Valuation

  • Market Total Value: $58,322
  • Market Land Value: $14,302
  • Market Improvement Value: $44,020

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,439
  • Assessed Land Value: $4,767
  • Assessed Improvements Value: $14,672

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 09, 2024
  • Current Sale Recording Date: Jan 10, 2024
  • Current Sale Transaction ID: 11920034206
  • Current Sale Price: $35,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021216
  • Previous Sale Recording Date: Aug 01, 1988
  • Previous Sale Contract Date: Aug 01, 1988
  • Previous Sale Amount: $35,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PRAIRIE STATE BANK AND TRUST
  • First Mortgage Transaction Date: Jan 10, 2024
  • First Mortgage Loan Amount: $75,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Credit Line (Revolving)
  • First Mortgage Loan Due Date: Jan 09, 2029

About Ravina Park



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Frequently Asked Questions

What neighborhood is 1330 West Ravina Park Road located in?
The 1330 West Ravina Park Road is a located in the neighborhood of Ravina Park in Ravina Park, Decatur.
What is the average sales price for listings in 1330 West Ravina Park Road?
The average sales price for units in 1330 West Ravina Park Road is $0 currently.

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