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2 Forest Knolls

2 Forest Knolls, Decatur, IL 62521
Property in Scovill Gardens
Sold Sep 25, 2019
$210,000
$199,500 by Colonial Savings Fa
Mortgage
Sold Jun 07, 2007
$268,000
$200,000 by Regions Bank Dba
Mortgage Due Jun 01, 2037
Local assessors in Decatur, IL have categorized 2 Forest Knolls as a residential type of property. The home was built in 1932 and is 92 years old. The property's lot size has been calculated to be 25,700 square feet. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. 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 2 Forest Knolls has a total of 1,938 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 1,938 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 garage for those who need a place to park their vehicle. The garage on the property is 387 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2 Forest Knolls was last sold in Sep 12, 2019 for $210,000. According to our calculations, that's $108.36 per sqft. Prior to that sales transaction, the property was sold for $268,000 in Apr 16, 2007. Current property owners are expected to pay $8,342 in taxes per year. The property on 2 Forest Knolls was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $87,889. To break that down further, the land itself was valued at $22,554. While improvements to the property were assessed at a total of $65,335. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1932
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,938
  • Garage Type: Garage
  • Garage Square Area: 387
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 25,700
  • Total Building Area: 1,938
  • Building Area: 1,938
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,938
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FOREST KNOLLS ESTATE
  • Land Acres: 0.59
  • Standard Land Use Code: Single family residential
  • Legal Description 1: FOREST KNOLLS ~EST L 2 ~ IRREG

Ownership

  • Current Owner : LARSON RYAN F
  • Current Owner 2: LARSON KATHERINE M
  • Previous Owner : RICHARDSON DONALD E
  • Previous Owner 2: RICHARDSON SARA L
  • Owner Before Previous Owner: SCHULUETER GERALD F
  • Owner Before Previous Owner 2: SCHULUETER KIMBERLIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Decatur School District 61
  • Census Tract: 002402

Zoning

  • Zoning: MUNICIPAL

Geography

  • Account Number: 091319129004
  • District: 09
  • Parcel: 09-13-19-129-004
  • Meridian: SEC 19 TWN 16N RNG 003
  • Municipality: LONG CREEK
  • Latitude: 39.8312
  • Longitude: -88.9088

    Address

  • Full Address: 2 Forest Knolls Est
  • Address - House Number: 2
  • Address - Street Name: Forest Knolls
  • Address - Suffix Type: Est
  • State: IL
  • City Name: Decatur
  • Carrier Code: C050
  • 4-Digit Zip Code: 4422
  • Zip Code: 62521

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,342
  • Tax Rate Code Area: 09168

    Appraisal Valuation

  • Standard Deviation: 0.2431
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 65
  • Final Value: 256,520
  • High Value: 318,904
  • Low Value: 194,135

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $249,500
  • First Open Lien Mortgage Lender: COLONIAL SAVINGS FA
  • First Open Lien Mortgage Recording Date: Sep 25, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $199,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: DUPACO COMMUNITY CU
  • Second Open Lien Mortgage Recording Date: Oct 21, 2021
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $50,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $263,694
  • Market Land Value: $67,669
  • Market Improvement Value: $196,025

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,889
  • Assessed Land Value: $22,554
  • Assessed Improvements Value: $65,335

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 12, 2019
  • Current Sale Recording Date: Sep 25, 2019
  • Current Sale Transaction ID: 11659619850
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1951665
  • Previous Sale Recording Date: Jun 07, 2007
  • Previous Sale Contract Date: Apr 16, 2007
  • Previous Sale Amount: $268,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: COLONIAL SAVINGS FA
  • First Mortgage Transaction Date: Sep 25, 2019
  • First Mortgage Loan Amount: $199,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: REGIONS BANK DBA
  • Previous Mortgage Transaction Date: Jun 07, 2007
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Jun 01, 2037

About Scovill Gardens



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Frequently Asked Questions

What neighborhood is 2 Forest Knolls located in?
The 2 Forest Knolls is a located in the neighborhood of Scovill Gardens in Scovill Gardens, Decatur.
What is the average sales price for listings in 2 Forest Knolls?
The average sales price for units in 2 Forest Knolls is $0 currently.

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