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396 South Cannon Avenue

396 South Cannon Avenue, Kankakee, IL 60901
Property in Kankakee
Sold Jun 06, 2022
$160,000
$157,102 by Hometown Lenders Inc
Mortgage Due Jun 01, 2052
Sold Nov 17, 2014
$109,000
$101,000 by Wells Fargo Bk Na
Mortgage Due Dec 01, 2044
396 South Cannon Avenue has been categorized by the local assessors in Kankakee, IL as a residential type of property. The area measurement of the land has been determined as 4,300 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in May 27, 2022 for $160,000. Prior to that sales transaction, the property was also sold in Nov 14, 2014 for $109,000. 396 South Cannon Avenue was last assessed in 2023. The total value of the property was assessed at $51,118. Specifically, the land the property is located on was valued at $3,665. While improvements on the property were assessed at a total of $47,453. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,265. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

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: 4,300
  • 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: WEST KANKAKEE SUB
  • Land Acres: 0.098
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 1ST WEST KANKAKEE SUB W 86' LOT 8 BLK 1 01-30-14W

Ownership

  • Current Owner : BAEZA VANESSA
  • Current Owner 2: HILL DANIEL
  • Previous Owner : JOHNSON LATRICE A
  • Owner Before Previous Owner: RABE DENNIS D
  • Owner Before Previous Owner 2: RABE NANCY S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 012100

Geography

  • District: 16
  • Parcel: 16-16-01-207-007
  • Block: 1
  • Lot: 8
  • Municipality: KANKAKEE
  • Latitude: 41.1175
  • Longitude: -87.8882

    Address

  • Full Address: 396 S Cannon Ave
  • Address - House Number: 396
  • Street Direction: S
  • Address - Street Name: Cannon
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Kankakee
  • Carrier Code: C016
  • 4-Digit Zip Code: 3116
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,265
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.263
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 69
  • Final Value: 174,930
  • High Value: 213,677
  • Low Value: 136,184

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $157,102
  • First Open Lien Mortgage Lender: HOMETOWN LENDERS INC
  • First Open Lien Mortgage Recording Date: Jun 13, 2022
  • First Open Lien Mortgage Loan Amount: $157,102
  • 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: Jun 01, 2052

    Market Valuation

  • Market Total Value: $153,354
  • Market Land Value: $10,995
  • Market Improvement Value: $142,359

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $51,118
  • Assessed Land Value: $3,665
  • Assessed Improvements Value: $47,453

    Sales

  • Current Sale Contract Date: May 27, 2022
  • Current Sale Recording Date: Jun 06, 2022
  • Current Sale Transaction ID: 11889551674
  • Current Sale Price: $160,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6444
  • Previous Sale Recording Date: Nov 17, 2014
  • Previous Sale Contract Date: Nov 14, 2014
  • Previous Sale Amount: $109,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: HOMETOWN LENDERS INC
  • First Mortgage Transaction Date: Jun 06, 2022
  • First Mortgage Loan Amount: $157,102
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Jun 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BK NA
  • Previous Mortgage Transaction Date: Nov 17, 2014
  • Previous Mortgage Loan Amount: $101,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2044

About Kankakee



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Frequently Asked Questions

What neighborhood is 396 South Cannon Avenue located in?
The 396 South Cannon Avenue is a located in the neighborhood of Kankakee in Kankakee, Kankakee.
What is the average sales price for listings in 396 South Cannon Avenue?
The average sales price for units in 396 South Cannon Avenue is $0 currently.

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