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1361 Garden Lane

1361 Garden Lane, Galesburg, IL 61401
Property in Galesburg City
Sold Feb 22, 2016
$43,000
$29,500 by Ih Ms Vly Cu
Mortgage Due Mar 01, 2046
Local assessors in Galesburg, IL have categorized 1361 Garden Lane as a residential type of property. The home was built in 1969 and is 55 years old. The property's lot size has been calculated to be 7,560 square feet. The linear feet between the front and back of the lot was measured at 1,050 ft and the front of the lot was measured at 725 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. 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 1361 Garden Lane has a total of 925 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 garage for those who need a place to park their vehicle. The garage on the property is 300 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. Residents rely on air conditioning for their cooling system. The property was last sold in Feb 17, 2016 for $43,000. That's $46.49 per sqft. 1361 Garden Lane was last assessed in 2022. The total value of the property was assessed at $23,710. Specifically, the land the property is located on was valued at $2,830. While improvements on the property were assessed at a total of $20,880. 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 $975. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Construction Type: Frame
  • Building Style: Ranch/Rambler
  • Floor Count: 1
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 300
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,560
  • Lot Size Depth Feet: 1,050
  • Lot Size Frontage Feet: 725
  • Total Building Area: 925
  • Building Area: 925
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 925
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROLLING MEADOWS 2ND ADDN
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: ROLLING MEADOWS 2ND ADDN LOT 2 BLK 11

Ownership

  • Current Owner : RIPKA RICHARD W
  • Current Owner 2: RIPKA RUTH A
  • Previous Owner : HUNGATE REAL ESTATE VENTURES L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Galesburg Community Unit School District 205
  • Census Tract: 000300

Geography

  • District: 99
  • Parcel: 99-02-403-014
  • Block: 11
  • Lot: 2
  • Municipality: CITY OF GALESBURG
  • Latitude: 40.9693
  • Longitude: -90.3494

    Address

  • Full Address: 1361 Garden Ln
  • Address - House Number: 1361
  • Address - Street Name: Garden
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Galesburg
  • Carrier Code: C017
  • 4-Digit Zip Code: 2128
  • Zip Code: 61401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $975
  • Tax Rate Code Area: 36

    Appraisal Valuation

  • Standard Deviation: 0.2609
  • Valuation Date: Aug 30, 2023
  • Confidence Score: 62
  • Final Value: 87,133
  • High Value: 109,870
  • Low Value: 64,396

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $29,500
  • First Open Lien Mortgage Lender: IH MS VLY CU
  • First Open Lien Mortgage Recording Date: Feb 22, 2016
  • First Open Lien Mortgage Loan Amount: $29,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2046

    Market Valuation

  • Market Total Value: $71,130
  • Market Land Value: $8,490
  • Market Improvement Value: $62,640

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,710
  • Assessed Land Value: $2,830
  • Assessed Improvements Value: $20,880

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 17, 2016
  • Current Sale Recording Date: Feb 22, 2016
  • Current Sale Transaction ID: 11707941041
  • Current Sale Price: $43,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: IH MS VLY CU
  • First Mortgage Transaction Date: Feb 22, 2016
  • First Mortgage Loan Amount: $29,500
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2046

About Galesburg



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Frequently Asked Questions

What neighborhood is 1361 Garden Lane located in?
The 1361 Garden Lane is a located in the neighborhood of Galesburg City in Galesburg, Galesburg.
What is the average sales price for listings in 1361 Garden Lane?
The average sales price for units in 1361 Garden Lane is $0 currently.

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