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2470 Justin Lane

2470 Justin Lane, Hampshire, IL 60140
Property in Hampshire
Sold Apr 25, 2014
$223,000
$282,024 by Groves Capital, Inc.
Mortgage Due Oct 01, 2053
Sold Dec 07, 2011
$2,589,000
Local assessors in Hampshire, IL have categorized 2470 Justin Lane as a residential type of property. The property's lot size has been calculated to be 10,623 square feet.

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. 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, 2470 Justin Lane sold most recently in Apr 18, 2014 for a total of $223,000. Before that, the property was also sold for $2,589,000 in Nov 17, 2011. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $9,179 in taxes each year. 2470 Justin Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $96,960. If we break it down further, the land itself was valued at $23,279. Improvements to the property, however, were assessed at a total of $73,681. 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. 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. 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
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,623
  • 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: LAKEWOOD CROSSING
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LAKEWOOD CROSSING LT 43

Ownership

  • Current Owner : MILLER CHERYL
  • Current Owner 2: WILSHE ANN MARIE
  • Previous Owner : THE RYLAND GROUP INC
  • Owner Before Previous Owner: FEDERAL DEPOSIT INSURANCE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 850705

Zoning

  • Zoning: R2 DISTRIC

Geography

  • Parcel: 01-13-246-025
  • Lot: 43
  • Municipality: HAMPSHIRE
  • Latitude: 42.1235
  • Longitude: -88.4735

    Address

  • Full Address: 2470 Justin Ln
  • Address - House Number: 2470
  • Address - Street Name: Justin
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Hampshire
  • Carrier Code: R008
  • 4-Digit Zip Code: 9029
  • Zip Code: 60140

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,179
  • Tax Rate Code Area: HA025

    Appraisal Valuation

  • Standard Deviation: 0.1418
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 389,235
  • High Value: 444,456
  • Low Value: 334,013

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $282,024
  • First Open Lien Mortgage Lender: GROVES CAPITAL, INC.
  • First Open Lien Mortgage Recording Date: Oct 05, 2023
  • First Open Lien Mortgage Loan Amount: $282,024
  • 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: Oct 01, 2053

    Market Valuation

  • Market Total Value: $290,996
  • Market Land Value: $69,865
  • Market Improvement Value: $221,131

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $96,960
  • Assessed Land Value: $23,279
  • Assessed Improvements Value: $73,681

    Sales

  • Current Sale Contract Date: Apr 18, 2014
  • Current Sale Recording Date: Apr 25, 2014
  • Current Sale Transaction ID: 1086742132
  • Current Sale Price: $223,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2014K019443
  • Previous Sale Recording Date: Dec 07, 2011
  • Previous Sale Contract Date: Nov 17, 2011
  • Previous Sale Amount: $2,589,000
  • Previous Sale Document Type: Special Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: RMC MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 25, 2014
  • First Mortgage Loan Amount: $114,590
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2044

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Hampshire



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Frequently Asked Questions

What neighborhood is 2470 Justin Lane located in?
The 2470 Justin Lane is a located in the neighborhood of Hampshire in Hampshire, Hampshire.
What is the average sales price for listings in 2470 Justin Lane?
The average sales price for units in 2470 Justin Lane is $0 currently.

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