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1605 North Foster Avenue

1605 North Foster Avenue, Decatur, IL 62526
Property in Home Park
Sold Apr 15, 2021
$87,500
$84,875 by Draper & Kramer Mortgage Corp
Mortgage
Sold Sep 19, 2012
$68,000
$66,768 by Regions Bank
Mortgage Due Oct 01, 2042
Local assessors in Decatur, IL have categorized 1605 North Foster Avenue as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 10,043 square feet. The linear feet between the front and back of the lot was measured at 831 ft and the front of the lot was measured at 1,207 ft. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1605 North Foster Avenue has a total of 1,040 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a full basement that is 1,040 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

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 detached garage for those who need a place to park their vehicle. The garage on the property is 352 sqft. 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. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. 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, 1605 North Foster Avenue sold most recently in Apr 7, 2021 for a total of $87,500. If you work out the math, that's approximately a cost of $84.13 per sqft. Before that, the property was also sold for $68,000 in Apr 9, 2012. 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 $2,341 in taxes each year. 1605 North Foster Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $28,891. If we break it down further, the land itself was valued at $4,906. Improvements to the property, however, were assessed at a total of $23,985. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,040
  • Garage Type: Detached
  • Garage Square Area: 352
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,043
  • Lot Size Depth Feet: 831
  • Lot Size Frontage Feet: 1,207
  • Total Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,040
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HOME PARK 1ST ADD
  • Land Acres: 0.231
  • Standard Land Use Code: Single family residential
  • Legal Description 1: HOME PARK 1ST ADD ~LOT 8 BLK 8 ~04BK3540/497 120.7X83.1

Ownership

  • Current Owner : KENDALL DUSTIN E
  • Previous Owner : MONTAGUE PHALLEN N
  • Previous Owner 2: MONTAGUE ANDREW M
  • Owner Before Previous Owner: BUTLER CRAIG
  • Owner Before Previous Owner 2: BUTLER SUSAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Decatur School District 61
  • Census Tract: 001801

Zoning

  • Zoning: MUNICIPAL

Geography

  • Account Number: 041208232012
  • District: 04
  • Parcel: 04-12-08-232-012
  • Block: 8
  • Lot: 8
  • Meridian: SEC 8 TWN 16N RNG 2E
  • Municipality: DECATUR
  • Latitude: 39.8584
  • Longitude: -88.9952

    Address

  • Full Address: 1605 N Foster Ave
  • Address - House Number: 1605
  • Street Direction: N
  • Address - Street Name: Foster
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Decatur
  • Carrier Code: C086
  • 4-Digit Zip Code: 3343
  • Zip Code: 62526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,341
  • Tax Rate Code Area: 04055

    Appraisal Valuation

  • Standard Deviation: 0.2685
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 61
  • Final Value: 104,130
  • High Value: 132,098
  • Low Value: 76,162

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $84,875
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 15, 2021
  • First Open Lien Mortgage Loan Amount: $84,875
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $86,681
  • Market Land Value: $14,719
  • Market Improvement Value: $71,962

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,891
  • Assessed Land Value: $4,906
  • Assessed Improvements Value: $23,985

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 07, 2021
  • Current Sale Recording Date: Apr 15, 2021
  • Current Sale Transaction ID: 11834363014
  • Current Sale Price: $87,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1977176
  • Previous Sale Recording Date: Sep 19, 2012
  • Previous Sale Contract Date: Apr 09, 2012
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 15, 2021
  • First Mortgage Loan Amount: $84,875
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK
  • Previous Mortgage Transaction Date: Sep 19, 2012
  • Previous Mortgage Loan Amount: $66,768
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Oct 01, 2042

About Home Park



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Frequently Asked Questions

What neighborhood is 1605 North Foster Avenue located in?
The 1605 North Foster Avenue is a located in the neighborhood of Home Park in Home Park, Decatur.
What is the average sales price for listings in 1605 North Foster Avenue?
The average sales price for units in 1605 North Foster Avenue is $0 currently.

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