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1402 West King Street

1402 West King Street, Decatur, IL 62522
Property in Fairlawn
Sold Nov 23, 2020
$44,000
$41,239 by Regions Bank
Mortgage Due Dec 01, 2050
Sold Sep 08, 2008
$54,500
$41,006 by National City Mortgage
Mortgage Due Sep 01, 2038
1402 West King Street in Decatur, IL was first built in 1948 and is 76 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 1402 West King Street has 895 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. The basement is 895 sqft and has been categorized as a full basement. The linear feet across the front of the lot is 1,100 ft and the linear feet between the front and back of the lot is 650. In total, the area measurement of the land is 7,150 square feet.

Learn more about the property and building on this page. For those who need parking, there is a detached garage. The garage is 240 sqft. 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 exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. The property was last sold in Nov 19, 2020 for $44,000. That's $49.16 per sqft. Prior to that sales transaction, the property was also sold in Aug 27, 2008 for $54,500. 1402 West King Street was last assessed in 2022. The total value of the property was assessed at $17,858. Specifically, the land the property is located on was valued at $1,680. While improvements on the property were assessed at a total of $16,178. 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 $1,213. 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: 1948
  • Effective Year Built: 1948
  • 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: Full basement
  • Basement Area: 895
  • Garage Type: Detached
  • Garage Square Area: 240
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,150
  • Lot Size Depth Feet: 650
  • Lot Size Frontage Feet: 1,100
  • Total Building Area: 895
  • Building Area: 895
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 895
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DECATUR BLDG CORP 1ST ADD
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DECATUR BLDG CORP 1ST ADD ~LOT 1 BLK 3 ~ 110X65

Ownership

  • Current Owner : SANCHEZ SARAH
  • Previous Owner : MOOMEY MARGARET J
  • Previous Owner 2: MARLER ERIC E
  • Owner Before Previous Owner: SEITZ THOMAS W
  • Owner Before Previous Owner 2: SEITZ DEBORAH K
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Decatur School District 61
  • Census Tract: 001700

Zoning

  • Zoning: MUNICIPAL

Geography

  • Account Number: 041209453015
  • District: 04
  • Parcel: 04-12-09-453-015
  • Block: 3
  • Lot: 1
  • Meridian: SEC 9 TWN 16N RNG 2E
  • Municipality: DECATUR
  • Latitude: 39.8493
  • Longitude: -88.9798

    Address

  • Full Address: 1402 W King St
  • Address - House Number: 1402
  • Street Direction: W
  • Address - Street Name: King
  • Address - Suffix Type: St
  • State: IL
  • City Name: Decatur
  • Carrier Code: C016
  • 4-Digit Zip Code: 1445
  • Zip Code: 62522

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,213
  • Tax Rate Code Area: 04055

    Appraisal Valuation

  • Standard Deviation: 0.1391
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 72
  • Final Value: 79,796
  • High Value: 90,901
  • Low Value: 68,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $41,239
  • First Open Lien Mortgage Lender: REGIONS BANK
  • First Open Lien Mortgage Recording Date: Nov 23, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $41,239
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $53,580
  • Market Land Value: $5,041
  • Market Improvement Value: $48,539

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,858
  • Assessed Land Value: $1,680
  • Assessed Improvements Value: $16,178

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 19, 2020
  • Current Sale Recording Date: Nov 23, 2020
  • Current Sale Transaction ID: 11807252136
  • Current Sale Price: $44,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1970744
  • Previous Sale Recording Date: Sep 08, 2008
  • Previous Sale Contract Date: Aug 27, 2008
  • Previous Sale Amount: $54,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS BANK
  • First Mortgage Transaction Date: Nov 23, 2020
  • First Mortgage Loan Amount: $41,239
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Dec 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: NATIONAL CITY MORTGAGE
  • Previous Mortgage Transaction Date: Sep 08, 2008
  • Previous Mortgage Loan Amount: $41,006
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Sep 01, 2038

About Fairlawn



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Frequently Asked Questions

What neighborhood is 1402 West King Street located in?
The 1402 West King Street is a located in the neighborhood of Fairlawn in Fairlawn, Decatur.
What is the average sales price for listings in 1402 West King Street?
The average sales price for units in 1402 West King Street is $0 currently.

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