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304 South Meadowhill Lane

304 South Meadowhill Lane, Mahomet, IL 61853
Property in Mahomet
Sold Jul 02, 2012
$170,000
$187,220 by Rocket Mortgage Llc
Mortgage Due May 01, 2052
304 South Meadowhill Lane has been categorized by the local assessors in Mahomet, IL as a residential type of property. The building on the property was first built in 1971 and is 53 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The area measurement of the land has been determined as 14,139 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

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 attached garage for those who require parking. The garage measured 624 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of stucco. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery 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, 304 South Meadowhill Lane was last sold in Jun 29, 2012 for $170,000. According to our calculations, that's $128.40 per sqft. Current property owners are expected to pay $5,223 in taxes per year. The property on 304 South Meadowhill Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $78,800. To break that down further, the land itself was valued at $12,230. While improvements to the property were assessed at a total of $66,570. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1971
  • Effective Year Built: 1971
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Living Units: 1
  • Floor Cover: Carpet
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 624
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 14,139
  • Total Building Area: 1,324
  • Building Area: 1,324
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MEADOWLAKE SUB 2
  • Land Acres: 0.325
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 30 MEADOWLAKE SUB 2

Ownership

  • Current Owner : JACOBS II DAVID L
  • Current Owner 2: JACOBS CARA A
  • Previous Owner : LUNDSTROM CRAIG CAMPBELL
  • Previous Owner 2: HANDSFIELD LARA JEAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants
  • Owner Generation Identifier: II

Neighborhood

  • School District Name: Mahomet-Seymour Community Unit School District 3
  • School Tax School District: 101
  • Census Tract: 010603

Geography

  • District: 15
  • Parcel: 15-13-13-151-022
  • Lot: 30
  • Meridian: SEC 13 TWN 20N RNG 07E
  • Municipality: MAHOMET
  • Latitude: 40.1946
  • Longitude: -88.3671

    Address

  • Full Address: 304 S Meadowhill Ln
  • Address - House Number: 304
  • Street Direction: S
  • Address - Street Name: Meadowhill
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Mahomet
  • Carrier Code: R007
  • 4-Digit Zip Code: 8515
  • Zip Code: 61853

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,223
  • Tax Rate Code Area: 1501

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 326,427
  • High Value: 394,063
  • Low Value: 258,792

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $187,220
  • First Open Lien Mortgage Lender: ROCKET MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Apr 29, 2022
  • First Open Lien Mortgage Loan Amount: $187,220
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Market Valuation

  • Market Total Value: $236,400
  • Market Land Value: $36,690
  • Market Improvement Value: $199,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,800
  • Assessed Land Value: $12,230
  • Assessed Improvements Value: $66,570

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2012
  • Current Sale Recording Date: Jul 02, 2012
  • Current Sale Transaction ID: 1175998946
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012R16127

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS MORTGAGE
  • First Mortgage Transaction Date: Jul 02, 2012
  • First Mortgage Loan Amount: $173,469
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2042

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 304 South Meadowhill Lane located in?
The 304 South Meadowhill Lane is a located in the neighborhood of Mahomet in Lake of the Woods, Mahomet.
What is the average sales price for listings in 304 South Meadowhill Lane?
The average sales price for units in 304 South Meadowhill Lane is $0 currently.

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