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1511 East Fairchild Street

1511 East Fairchild Street, Danville, IL 61832
Property in Danville
Sold Jan 08, 2021
$31,000
Seller
$24,800 by Cibm Bank
Mortgage Due Feb 01, 2036
This has been categorized as a residential property type. In total, the area measurement of the land is 13,504 square feet.

Learn more about the property and building on this page. 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, 1511 East Fairchild Street sold most recently in Jan 8, 2021 for a total of $31,000. 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 $788 in taxes each year. 1511 East Fairchild Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $13,412. If we break it down further, the land itself was valued at $1,655. Improvements to the property, however, were assessed at a total of $11,757. 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. 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.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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,504
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CO CLKS
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CO CLKS SUB S2 NW4 3 19 11 S34'L4 & E5'N34'L14 & E5'L15 &W50'L16

Ownership

  • Current Owner : SATTI FAHEEM Z
  • Previous Owner : TERRY REED
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Danville Community Consolidated School District 118
  • Census Tract: 000400

Geography

  • District: DA
  • Parcel: 23-03-113-025
  • Lot: 4,14-16
  • Meridian: SEC 03 TWN 19 RNG 11
  • Municipality: DANVILLE
  • Latitude: 40.1396
  • Longitude: -87.5964

    Address

  • Full Address: 1511 E Fairchild St
  • Address - House Number: 1511
  • Street Direction: E
  • Address - Street Name: Fairchild
  • Address - Suffix Type: St
  • State: IL
  • City Name: Danville
  • Carrier Code: C008
  • 4-Digit Zip Code: 4143
  • Zip Code: 61832

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $788
  • Tax Rate Code Area: DN004

    Appraisal Valuation

  • Standard Deviation: 0.2861
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 42
  • Final Value: 140,327
  • High Value: 180,483
  • Low Value: 100,170

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $24,800
  • First Open Lien Mortgage Lender: CIBM BANK
  • First Open Lien Mortgage Recording Date: Jan 08, 2021
  • First Open Lien Mortgage Loan Amount: $24,800
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Market Valuation

  • Market Total Value: $40,236
  • Market Land Value: $4,965
  • Market Improvement Value: $35,271

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,412
  • Assessed Land Value: $1,655
  • Assessed Improvements Value: $11,757

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 08, 2021
  • Current Sale Recording Date: Jan 08, 2021
  • Current Sale Transaction ID: 11823144237
  • Current Sale Price: $31,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 186

    Last Sale Mortgage

  • First Mortgage Lender: CIBM BANK
  • First Mortgage Transaction Date: Jan 08, 2021
  • First Mortgage Loan Amount: $24,800
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2036

About Danville



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Frequently Asked Questions

What neighborhood is 1511 East Fairchild Street located in?
The 1511 East Fairchild Street is a located in the neighborhood of Danville in Danville, Danville.
What is the average sales price for listings in 1511 East Fairchild Street?
The average sales price for units in 1511 East Fairchild Street is $0 currently.

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