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27365 Shake Rag Road

27365 Shake Rag Road, Danville, IL 61834
Property in Newell
Sold Feb 18, 2020
$35,000
$32,550 by First Midwest Bank
Mortgage Due Mar 01, 2050
This has been categorized as a residential property type. The linear feet across the front of the lot is 1,000 ft and the linear feet between the front and back of the lot is 1,500. In total, the area measurement of the land is 14,810 square feet.

Learn more about the property and building on this page. 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, 27365 Shake Rag Road sold most recently in Feb 13, 2020 for a total of $35,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $498 in taxes each year. 27365 Shake Rag Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $11,996. If we break it down further, the land itself was valued at $4,670. Improvements to the property, however, were assessed at a total of $7,326. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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.

Building Features

Exterior

Vinyl Siding
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: 14,810
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,000
  • 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: NEWELLS FIRST SUB
  • Land Acres: 0.34
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NEWELL'S 1ST ADD L20

Ownership

  • Current Owner : REED MONIKA
  • Previous Owner : COMMUNITY ALTERNATIVES ILLINOIS INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bismarck-Henning Consolidated Unit School District
  • Census Tract: 010400

Geography

  • District: NE
  • Parcel: 14-20-301-020
  • Lot: 20
  • Meridian: SEC 20 TWN 21N RNG 11W
  • Municipality: NEWELL
  • Latitude: 40.2621
  • Longitude: -87.6228

    Address

  • Full Address: 27365 Shake Rag Rd
  • Address - House Number: 27365
  • Address - Street Name: Shake Rag
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Danville
  • Carrier Code: R003
  • 4-Digit Zip Code: 6050
  • Zip Code: 61834

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $498
  • Tax Rate Code Area: NE019

    Appraisal Valuation

  • Standard Deviation: 0.2861
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 42
  • Final Value: 138,775
  • High Value: 178,487
  • Low Value: 99,062

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $32,550
  • First Open Lien Mortgage Lender: FIRST MIDWEST BANK
  • First Open Lien Mortgage Recording Date: Feb 18, 2020
  • First Open Lien Mortgage Loan Amount: $32,550
  • 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: Mar 01, 2050

    Market Valuation

  • Market Total Value: $35,988
  • Market Land Value: $14,010
  • Market Improvement Value: $21,978

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $11,996
  • Assessed Land Value: $4,670
  • Assessed Improvements Value: $7,326

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 13, 2020
  • Current Sale Recording Date: Feb 18, 2020
  • Current Sale Transaction ID: 11736511094
  • Current Sale Price: $35,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 968

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MIDWEST BANK
  • First Mortgage Transaction Date: Feb 18, 2020
  • First Mortgage Loan Amount: $32,550
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2050

About Vermilion



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 27365 Shake Rag Road located in?
The 27365 Shake Rag Road is a modular home located in the neighborhood of Newell in Vermilion, Danville.
What is the average sales price for listings in 27365 Shake Rag Road?
The average sales price for units in 27365 Shake Rag Road is $0 currently.

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