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225 Cherry Lane

225 Cherry Lane, Momence, IL 60954
Property in Ganeer
Sold Aug 10, 2022
$162,000
$129,600 by Inland Bank And Trust
Mortgage Due Sep 01, 2052
Sold Apr 19, 2019
$114,500
$111,065 by Wells Fargo Bank Na
Mortgage Due May 01, 2049
This has been categorized as a residential property type. In total, the area measurement of the land is 8,750 square feet.

Learn more about the property and building on this page. The property was last sold in Aug 5, 2022 for $162,000. Prior to that sales transaction, the property was also sold in Apr 19, 2019 for $114,500. 225 Cherry Lane was last assessed in 2023. The total value of the property was assessed at $50,374. Specifically, the land the property is located on was valued at $8,514. While improvements on the property were assessed at a total of $41,860. 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 $2,932. 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. 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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,750
  • 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: VAN DRUNENS 4TH ADD
  • Land Acres: 0.2
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: VAN DRUNENS 4TH ADDN LOT 74 13-31-13E

Ownership

  • Current Owner : JANOWSKI JAMES
  • Previous Owner : MICHAEL BELGRAVE
  • Owner Before Previous Owner: BAILEY MEGAN A
  • Owner Before Previous Owner 2: BAILEY KENNETH
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: Momence Community Unit School District 1
  • Census Tract: 010800

Geography

  • District: 6
  • Parcel: 06-10-13-303-002
  • Lot: 74
  • Municipality: GANEER
  • Latitude: 41.1664
  • Longitude: -87.6747

    Address

  • Full Address: 225 Cherry Ln
  • Address - House Number: 225
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Momence
  • Carrier Code: C002
  • 4-Digit Zip Code: 1029
  • Zip Code: 60954

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,932
  • Tax Rate Code Area: 6002

    Appraisal Valuation

  • Standard Deviation: 0.2666
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 62
  • Final Value: 161,367
  • High Value: 204,372
  • Low Value: 118,361

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,600
  • First Open Lien Mortgage Lender: INLAND BANK AND TRUST
  • First Open Lien Mortgage Recording Date: Aug 10, 2022
  • First Open Lien Mortgage Loan Amount: $129,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Market Valuation

  • Market Total Value: $151,122
  • Market Land Value: $25,542
  • Market Improvement Value: $125,580

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $50,374
  • Assessed Land Value: $8,514
  • Assessed Improvements Value: $41,860

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Transaction ID: 11894365672
  • Current Sale Price: $162,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 9104
  • Previous Sale Recording Date: Apr 19, 2019
  • Previous Sale Contract Date: Apr 19, 2019
  • Previous Sale Amount: $114,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INLAND BANK AND TRUST
  • First Mortgage Transaction Date: Aug 10, 2022
  • First Mortgage Loan Amount: $129,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Apr 19, 2019
  • Previous Mortgage Loan Amount: $111,065
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2049

About Momence



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Frequently Asked Questions

What neighborhood is 225 Cherry Lane located in?
The 225 Cherry Lane is a located in the neighborhood of Ganeer in Momence, Momence.
What is the average sales price for listings in 225 Cherry Lane?
The average sales price for units in 225 Cherry Lane is $0 currently.

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