Check Availability

1899 Gainsboro Avenue

1899 Gainsboro Avenue, Davis, IL 61019
Property in Durand
Sold Nov 04, 2017
$21,000
$16,720 by Lakeridge Hms
Mortgage Due Oct 01, 2047
Sold Aug 03, 1997
$20,900
This has been categorized as a residential property type. In total, the area measurement of the land is 18,295 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, 1899 Gainsboro Avenue sold most recently in Jan 1, 1970 for a total of $21,000. Before that, the property was also sold for $20,900 in Aug 3, 1997. 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 $4,891 in taxes each year. 1899 Gainsboro Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $64,925. If we break it down further, the land itself was valued at $1,744. Improvements to the property, however, were assessed at a total of $63,181. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 18,295
  • 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: 0.42
  • Standard Land Use Code: Single family residential
  • Legal Description 1: CORRECTED FINAL PLAT 2 OF LAKE SUMMERSET-WINDSOR SEC 6 LOT 1899

Ownership

  • Current Owner : EGAN RAYMOND A
  • Current Owner 2: EGAN SUSAN K
  • Previous Owner : LAKERIDGE HOMES
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: R1

Geography

  • Account Number: 330A176
  • Parcel: 05-07-276-005
  • Lot: 1899
  • Municipality: DURAND
  • Latitude: 42.4439
  • Longitude: -89.3831

    Address

  • Full Address: 1899 Gainsboro Ave
  • Address - House Number: 1899
  • Address - Street Name: Gainsboro
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Davis
  • Carrier Code: R001
  • 4-Digit Zip Code: 9428
  • Zip Code: 61019

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,891
  • Tax Rate Code Area: 230

    Appraisal Valuation

  • Standard Deviation: 0.253
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 64
  • Final Value: 201,000
  • High Value: 251,862
  • Low Value: 150,138

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $76,746
  • First Open Lien Mortgage Lender: LAKERIDGE HMS
  • First Open Lien Mortgage Recording Date: Nov 04, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $16,720
  • 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: Oct 01, 2047
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Dec 05, 2019
  • Second Open Lien Mortgage Loan Amount: $60,026
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Nov 01, 2049

    Market Valuation

  • Market Total Value: $194,775
  • Market Land Value: $5,232
  • Market Improvement Value: $189,543

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $64,925
  • Assessed Land Value: $1,744
  • Assessed Improvements Value: $63,181

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Recording Date: Nov 04, 2017
  • Current Sale Transaction ID: 11708800666
  • Current Sale Price: $21,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Aug 03, 1997
  • Previous Sale Contract Date: Aug 03, 1997
  • Previous Sale Amount: $20,900
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: LAKERIDGE HMS
  • First Mortgage Transaction Date: Nov 04, 2017
  • First Mortgage Loan Amount: $16,720
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Oct 01, 2047
  • Second Mortgage Loan Amount: $242,877

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lake Summerset



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1899 Gainsboro Avenue located in?
The 1899 Gainsboro Avenue is a located in the neighborhood of Durand in Lake Summerset, Davis.
What is the average sales price for listings in 1899 Gainsboro Avenue?
The average sales price for units in 1899 Gainsboro Avenue is $0 currently.

Quantcast