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24 South Lakewood Drive

24 South Lakewood Drive, Effingham, IL 62401
Property in Douglas
Sold Oct 06, 2022
$210,000
$168,000 by Washington Savings Bank
Mortgage Due Sep 23, 2037
Sold Jun 21, 2022
$210,000
24 South Lakewood Drive has been categorized by the local assessors in Effingham, IL as a residential type of property. The building on the property was first built in 1969 and is 55 years old. The home comes with a single bedroom. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. In addition, 24 South Lakewood Drive has 1,416 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 11,761 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 594 sqft. According to our sources, there are a total of 2 available parking spaces. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with frame control joints. The property was last sold in Sep 16, 2022 for $210,000. That's $148.31 per sqft. Prior to that sales transaction, the property was also sold in Jun 16, 2022 for $210,000. 24 South Lakewood Drive was last assessed in 2022. The total value of the property was assessed at $50,560. Specifically, the land the property is located on was valued at $12,600. While improvements on the property were assessed at a total of $37,960. 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 $2,946. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1969
  • Effective Year Built: 1969
  • Bedroom Count: 1
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Construction Type: Frame
  • Basement Type: Unspecified basement
  • Basement Area: 1,416
  • Garage Type: Garage
  • Garage Square Area: 594
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 11,761
  • Total Building Area: 1,416
  • Building Area: 1,416
  • Building Area Measurement: Base Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,416
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HILLS SUBDIVISION
  • Land Acres: 0.27
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 64 ROLLIN HILLS SUB 3815/241 3792/176 3146/101 2732/162 2352/337 2231/260 842/258

Ownership

  • Current Owner : GATEWAY INDUSTRIAL SOLUTIONS LLC
  • Previous Owner : WALK LINDA
  • Previous Owner 2: WALK KEN
  • Owner Before Previous Owner: PEDDYCOART JUSTIN L
  • Owner Before Previous Owner 2: PEDDYCOART KELLY M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Effingham Community Unit School District 40
  • Census Tract: 950800

Geography

  • District: 3
  • Parcel: 03-16-016-054
  • Lot: 64
  • Municipality: DOUGLAS
  • Latitude: 39.124
  • Longitude: -88.5613

    Address

  • Full Address: 24 S Lakewood Dr
  • Address - House Number: 24
  • Street Direction: S
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Effingham
  • Carrier Code: C006
  • 4-Digit Zip Code: 1847
  • Zip Code: 62401

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,946
  • Tax Rate Code Area: 03008

    Appraisal Valuation

  • Standard Deviation: 0.2665
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 62
  • Final Value: 205,686
  • High Value: 260,511
  • Low Value: 150,861

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $168,000
  • First Open Lien Mortgage Lender: WASHINGTON SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Oct 06, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $168,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 23, 2037

    Market Valuation

  • Market Total Value: $151,680
  • Market Land Value: $37,800
  • Market Improvement Value: $113,880

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,560
  • Assessed Land Value: $12,600
  • Assessed Improvements Value: $37,960

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 16, 2022
  • Current Sale Recording Date: Oct 06, 2022
  • Current Sale Transaction ID: 11898714904
  • Current Sale Price: $210,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 4060
  • Previous Sale Recording Date: Jun 21, 2022
  • Previous Sale Contract Date: Jun 16, 2022
  • Previous Sale Amount: $210,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WASHINGTON SAVINGS BANK
  • First Mortgage Transaction Date: Oct 06, 2022
  • First Mortgage Loan Amount: $168,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 23, 2037

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Effingham



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Frequently Asked Questions

What neighborhood is 24 South Lakewood Drive located in?
The 24 South Lakewood Drive is a located in the neighborhood of Douglas in Effingham, Effingham.
What is the average sales price for listings in 24 South Lakewood Drive?
The average sales price for units in 24 South Lakewood Drive is $0 currently.

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