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309 James Road

309 James Road, Rantoul, IL 61866
Property in Rantoul
Sold Mar 15, 2018
$1,689,500
$74,242 by Leader One Financial Corp
Mortgage Due Dec 01, 2046
Sold Nov 08, 2016
$73,000
$74,242 by Leader One Financial Corp
Mortgage Due Dec 01, 2046
This has been categorized as a residential property type. In total, the area measurement of the land is 7,570 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, 309 James Road sold most recently in Feb 22, 2018 for a total of $1,689,500. Before that, the property was also sold for $73,000 in Oct 27, 2016. 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 $2,618 in taxes each year. 309 James Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $30,800. If we break it down further, the land itself was valued at $4,380. Improvements to the property, however, were assessed at a total of $26,420. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,570
  • 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: BROADMEADOW 1ST ADD
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 BROADMEADOW 1ST ADD

Ownership

  • Current Owner : MOTHERSHIP PROPCO GSE IL LLC
  • Previous Owner : HERITAGE RANTOUL MHP LLC
  • Owner Before Previous Owner: PARK JUSTIN
  • Owner Before Previous Owner 2: PARK MEGAN Z
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Rantoul City School District 137
  • School Tax School District: 101
  • Census Tract: 010204

Geography

  • District: 20
  • Parcel: 20-09-03-252-007
  • Lot: 8
  • Meridian: SEC 03 TWN 21N RNG 09E
  • Municipality: RANTOUL
  • Latitude: 40.3057
  • Longitude: -88.1643

    Address

  • Full Address: 309 James Rd
  • Address - House Number: 309
  • Address - Street Name: James
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Rantoul
  • Carrier Code: C008
  • 4-Digit Zip Code: 2820
  • Zip Code: 61866

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,618
  • Tax Rate Code Area: 2005

    Appraisal Valuation

  • Standard Deviation: 0.2638
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 120,815
  • High Value: 152,693
  • Low Value: 88,937

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $74,242
  • First Open Lien Mortgage Lender: LEADER ONE FINANCIAL CORP
  • First Open Lien Mortgage Recording Date: Nov 08, 2016
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $74,242
  • 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: Dec 01, 2046

    Market Valuation

  • Market Total Value: $92,400
  • Market Land Value: $13,140
  • Market Improvement Value: $79,260

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,800
  • Assessed Land Value: $4,380
  • Assessed Improvements Value: $26,420

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 22, 2018
  • Current Sale Recording Date: Mar 15, 2018
  • Current Sale Transaction ID: 11435524768
  • Current Sale Price: $1,689,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2018R03857
  • Previous Sale Recording Date: Nov 08, 2016
  • Previous Sale Contract Date: Oct 27, 2016
  • Previous Sale Amount: $73,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: LEADER ONE FINANCIAL CORP
  • Previous Mortgage Transaction Date: Nov 08, 2016
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $74,242
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Dec 01, 2046

About Rantoul



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Frequently Asked Questions

What neighborhood is 309 James Road located in?
The 309 James Road is a located in the neighborhood of Rantoul in Rantoul, Rantoul.
What is the average sales price for listings in 309 James Road?
The average sales price for units in 309 James Road is $0 currently.

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