13341 Phipps Lane

13341 Phipps Lane has been categorized by the local assessors in Lerna, IL as a residential type of property. The building on the property was first built in 2003 and is 21 years old. The home has a total of 4 bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. In addition, 13341 Phipps Lane has 2,196 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 435,600 square feet.

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. The garage measured 624 sqft. Moving on to the building itself. The condition of the building has been evaluated as average. 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, 13341 Phipps Lane sold most recently in Dec 10, 2021 for a total of $335,000. If you work out the math, that's approximately a cost of $118.79 per sqft. Before that, the property was also sold for $221,000 in May 12, 2016. 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 $8,005 in taxes each year. 13341 Phipps Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $116,052. If we break it down further, the land itself was valued at $22,782. Improvements to the property, however, were assessed at a total of $93,270. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.