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207 Lily Lane

207 Lily Lane, Rockford, IL 61107
Property in Rockford
Sold Jul 16, 2020
$114,500
Sold Sep 27, 2016
$99,000
Local assessors in Rockford, IL have categorized 207 Lily Lane as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 608,969 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a ranch/rambler style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 207 Lily Lane has a total of 1,272 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. The home sources its water from a water system. The home is connected to a sewer system. Which is great for homeowners who want a more hands-off approach to handling their wastewater disposal. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 567 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 both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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. The building has a roof that is made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. While the walls in the interior have been made of gypsum boards such as those made of drywall, sheetrock, etc. As for flooring, was the material of choice during construction. Residents rely on central air conditioning for their cooling system. The home's a heating system is the primary heating source. The property was last sold in Jul 10, 2020 for $114,500. That's $62.26 per sqft. Prior to that sales transaction, the property was also sold in Sep 22, 2016 for $99,000. 207 Lily Lane was last assessed in 2022. The total value of the property was assessed at $39,163. Specifically, the land the property is located on was valued at $5,811. While improvements on the property were assessed at a total of $33,352. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,218. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Ranch/Rambler
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Type: Building with no basement
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 567
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 608,969
  • Total Building Area: 1,839
  • Gross Building Area: 1,839
  • Building Area: 1,272
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,272
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Yes
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: VILLAS AT UNIVERSITY CENTRE CONDOS
  • Land Acres: 13.98
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: VILLAS AT UNIVERSITY CENTRE CONDOS PTW1/2 SEC 24-44-2 UNIT 207

Ownership

  • Current Owner : LESTER RUSSELL A
  • Current Owner 2: LESTER CHERYL J
  • Previous Owner : SHAW JR JOHN R
  • Owner Before Previous Owner: CARLSON MARJORIE C
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Rockford School District 205
  • Census Tract: 000512

Zoning

  • Zoning: C3

Geography

  • Parcel: 12-24-330-018
  • Lot: 207
  • Meridian: SEC 24 TWN 44 RANGE 2
  • Municipality: ROCKFORD
  • Latitude: 42.2752
  • Longitude: -88.9544

    Address

  • Full Address: 207 Lily Ln
  • Legal Unit: 207
  • Address - House Number: 207
  • Address - Street Name: Lily
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Rockford
  • Carrier Code: R017
  • 4-Digit Zip Code: 5311
  • Zip Code: 61107

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,218
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2379
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 66
  • Final Value: 164,956
  • High Value: 204,201
  • Low Value: 125,712

    Market Valuation

  • Market Total Value: $117,489
  • Market Land Value: $17,433
  • Market Improvement Value: $100,056

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,163
  • Assessed Land Value: $5,811
  • Assessed Improvements Value: $33,352

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 10, 2020
  • Current Sale Recording Date: Jul 16, 2020
  • Current Sale Transaction ID: 11808092004
  • Current Sale Price: $114,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 19423
  • Previous Sale Recording Date: Sep 27, 2016
  • Previous Sale Contract Date: Sep 22, 2016
  • Previous Sale Amount: $99,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CALIBER HOME LOANS INC
  • First Mortgage Transaction Date: Jul 16, 2020
  • First Mortgage Loan Amount: $91,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

About Rockford



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Frequently Asked Questions

What neighborhood is 207 Lily Lane located in?
The 207 Lily Lane is a located in the neighborhood of Rockford in Rockford, Rockford.
What is the average sales price for listings in 207 Lily Lane?
The average sales price for units in 207 Lily Lane is $0 currently.

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