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1542 Pier Drive

1542 Pier Drive, Davis, IL 61019
House in Laona
Sold Jun 03, 2021
$346,000
Sold Mar 03, 2017
$180,000
$110,000 by Union Svgs Bk
Mortgage Due Mar 01, 2047
1542 Pier Drive has been categorized by the local assessors in Davis, IL as a residential type of property. The area measurement of the land has been determined as 15,682 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. 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, 1542 Pier Drive sold most recently in May 25, 2021 for a total of $346,000. Before that, the property was also sold for $180,000 in Feb 24, 2017. 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 $0 in taxes each year. 1542 Pier Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $100,000. If we break it down further, the land itself was valued at $20,871. Improvements to the property, however, were assessed at a total of $79,129. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 15,682
  • 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: CORRECTED FINAL PLAT 2
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-SAYBROOK SEC 7 LOT 1542

Ownership

  • Current Owner : LAPINE ROBERT J
  • Current Owner 2: LAPINE NANCY R
  • Previous Owner : DEANS ROBERT B
  • Previous Owner 2: DEANS MARLA L
  • Owner Before Previous Owner: NEUBERGER HAROLD F
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Durand Community Unit School District 322
  • Census Tract: 004100

Zoning

  • Zoning: R1

Geography

  • Parcel: 05-06-403-014
  • Lot: 1542
  • Municipality: LAONA
  • Latitude: 42.4528
  • Longitude: -89.3861

    Address

  • Full Address: 1542 Pier Dr
  • Address - House Number: 1542
  • Address - Street Name: Pier
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Davis
  • Carrier Code: R002
  • 4-Digit Zip Code: 9649
  • Zip Code: 61019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 220

    Appraisal Valuation

  • Standard Deviation: 0.2001
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 73
  • Final Value: 416,863
  • High Value: 500,311
  • Low Value: 333,414

    Market Valuation

  • Market Total Value: $300,000
  • Market Land Value: $62,613
  • Market Improvement Value: $237,387

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $100,000
  • Assessed Land Value: $20,871
  • Assessed Improvements Value: $79,129

    Sales

  • Current Sale Contract Date: May 25, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11838238806
  • Current Sale Price: $346,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19378
  • Previous Sale Recording Date: Mar 03, 2017
  • Previous Sale Contract Date: Feb 24, 2017
  • Previous Sale Amount: $180,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: A & N MORTGAGE SERVICES INC
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $89,900
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2031

    Previous Mortgages

  • Previous Mortgage Lender: UNION SVGS BK
  • Previous Mortgage Transaction Date: Mar 03, 2017
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $110,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2047

About Lake Summerset



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1542 Pier Drive located in?
The 1542 Pier Drive is a house located in the neighborhood of Laona in Lake Summerset, Davis.
What is the average sales price for listings in 1542 Pier Drive?
The average sales price for units in 1542 Pier Drive is $345,900 , or $163/sqft. currently.

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