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2940 Oakmont Drive

2940 Oakmont Drive, Decatur, IL 62521
Property in Southside
Sold Sep 05, 2019
$250,000
$237,500 by Draper & Kramer Mortgage Corp
Mortgage Due Oct 01, 2049
Sold May 24, 2006
$270,000
$150,000 by Soy Capital Bank & Trust
Mortgage Due Jun 01, 2021
2940 Oakmont Drive in Decatur, IL was first built in 1972 and is 52 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2940 Oakmont Drive has 2,406 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 22,216 square feet.

Learn more about the property and building on this page. There is a open porch. For those who need parking, there is a garage. The garage is 621 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2940 Oakmont Drive was last sold in Sep 3, 2019 for $250,000. According to our calculations, that's $103.91 per sqft. Prior to that sales transaction, the property was sold for $270,000 in May 22, 2006. Current property owners are expected to pay $8,811 in taxes per year. The property on 2940 Oakmont Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $88,479. To break that down further, the land itself was valued at $17,734. While improvements to the property were assessed at a total of $70,745. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. 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. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 621
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 22,216
  • Total Building Area: 2,406
  • Building Area: 2,406
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 2,406
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRWAY ESTATES
  • Land Acres: 0.51
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 0045 B 00 FAIRWAY ESTATES ~ IRREG

Ownership

  • Current Owner : GRACE NICHOLAS O
  • Current Owner 2: GRACE AMANDA R
  • Previous Owner : GADBERRY STEVEN
  • Owner Before Previous Owner: PERRY EDNA M
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Decatur School District 61
  • Census Tract: 002601

Zoning

  • Zoning: MUNICIPAL

Geography

  • Account Number: 171233126001
  • District: 17
  • Parcel: 17-12-33-126-001
  • Municipality: SOUTH WHEATLAND
  • Latitude: 39.8025
  • Longitude: -88.9869

    Address

  • Full Address: 2940 Oakmont Dr
  • Address - House Number: 2940
  • Address - Street Name: Oakmont
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Decatur
  • Carrier Code: R005
  • 4-Digit Zip Code: 9137
  • Zip Code: 62521

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,811
  • Tax Rate Code Area: 17249

    Appraisal Valuation

  • Standard Deviation: 0.1971
  • Valuation Date: Jul 05, 2023
  • Confidence Score: 73
  • Final Value: 320,699
  • High Value: 383,927
  • Low Value: 257,470

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $237,500
  • First Open Lien Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Sep 05, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $237,500
  • 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, 2049

    Market Valuation

  • Market Total Value: $265,463
  • Market Land Value: $53,207
  • Market Improvement Value: $212,256

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,479
  • Assessed Land Value: $17,734
  • Assessed Improvements Value: $70,745

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 03, 2019
  • Current Sale Recording Date: Sep 05, 2019
  • Current Sale Transaction ID: 11645963712
  • Current Sale Price: $250,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 1950738
  • Previous Sale Recording Date: May 24, 2006
  • Previous Sale Contract Date: May 22, 2006
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: DRAPER & KRAMER MORTGAGE CORP
  • First Mortgage Transaction Date: Sep 05, 2019
  • First Mortgage Loan Amount: $237,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2049

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: SOY CAPITAL BANK & TRUST
  • Previous Mortgage Transaction Date: May 24, 2006
  • Previous Mortgage Loan Amount: $150,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2021

About Southside



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Frequently Asked Questions

What neighborhood is 2940 Oakmont Drive located in?
The 2940 Oakmont Drive is a located in the neighborhood of Southside in Southside, Decatur.
What is the average sales price for listings in 2940 Oakmont Drive?
The average sales price for units in 2940 Oakmont Drive is $0 currently.

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