Check Availability

320 Benjamin Lane

320 Benjamin Lane, Waterloo, IL 62298
Property in 16
Sold Apr 27, 2018
$175,000
$70,000 by Regions Mortgage
Mortgage Due May 01, 2048
Local assessors in Waterloo, IL have categorized 320 Benjamin Lane as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 11,326 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. There are also 4 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 320 Benjamin Lane has a total of 1,968 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 624 sqft. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with masonry control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of masonry were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 320 Benjamin Lane was last sold in Apr 25, 2018 for $175,000. According to our calculations, that's $88.92 per sqft. Current property owners are expected to pay $4,334 in taxes per year. The property on 320 Benjamin Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $79,000. To break that down further, the land itself was valued at $15,330. While improvements to the property were assessed at a total of $63,670. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 3
  • Bathroom Count: 4
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Masonry
  • Exterior Walls Type: Masonry
  • Floor Count: 1
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 624
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 11,326
  • Total Building Area: 1,968
  • Building Area: 1,968
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,968
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MARNEY'S CLEARING
  • Land Acres: 0.26
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 MARNEYS CLEARING

Ownership

  • Current Owner : ELLIS PEGGY J
  • Previous Owner : BONNIE V ELLIS REVOCABLE LIVING TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Waterloo Community Unit School District 5
  • School Tax School District: WATERLOO FIRE
  • School Tax District Code 2: BELLEVILLE-522
  • School Tax District Code 3: WATERLOO PARK
  • Census Tract: 600401

Zoning

  • Zoning: WR2

Geography

  • Parcel: 07-13-481-008-000
  • Lot: 8
  • Meridian: SEC 13 TWN 02S RNG 10W
  • Municipality: TWN 07 - T2S R10W
  • Latitude: 38.354
  • Longitude: -90.1456

    Address

  • Full Address: 320 Benjamin Ln
  • Address - House Number: 320
  • Address - Street Name: Benjamin
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Waterloo
  • Carrier Code: R007
  • 4-Digit Zip Code: 3200
  • Zip Code: 62298

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,334
  • Tax Rate Code Area: 07001

    Appraisal Valuation

  • Standard Deviation: 0.1964
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 73
  • Final Value: 305,552
  • High Value: 365,585
  • Low Value: 245,520

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $70,000
  • First Open Lien Mortgage Lender: REGIONS MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 27, 2018
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $70,000
  • 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: May 01, 2048

    Market Valuation

  • Market Total Value: $237,000
  • Market Land Value: $45,990
  • Market Improvement Value: $191,010

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,000
  • Assessed Land Value: $15,330
  • Assessed Improvements Value: $63,670

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 25, 2018
  • Current Sale Recording Date: Apr 27, 2018
  • Current Sale Transaction ID: 11725886321
  • Current Sale Price: $175,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 395510

    Last Sale Mortgage

  • First Mortgage Lender: REGIONS MORTGAGE
  • First Mortgage Transaction Date: Apr 27, 2018
  • First Mortgage Loan Amount: $70,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Waterloo



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 228 Mueller Suite A Lane, Waterloo, IL, 62298

$3,700 /mo

  • 1 Bed
  • 1 Bath
  • 362 ft²
228 Mueller Suite A Lane, Waterloo, IL, 62298 Listing by Tammy Hines
Unit for rent at 814 Cone Flower Drive, Waterloo, IL, 62298

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,750 ft²
814 Cone Flower Drive, Waterloo, IL, 62298 Listing by Kevin Wrigley

Frequently Asked Questions

What neighborhood is 320 Benjamin Lane located in?
The 320 Benjamin Lane is a located in the neighborhood of 16 in Waterloo, Waterloo.
What is the average sales price for listings in 320 Benjamin Lane?
The average sales price for units in 320 Benjamin Lane is $0 currently.

Quantcast