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396 West Oak Lane

396 West Oak Lane, Decatur, IL 62526
Property in Windsor Village
Sold Apr 19, 2016
$133,000
$119,700 by Mortgage Services Iii Llc
Mortgage Due May 01, 2046
Sold Jun 24, 2014
$128,000
Local assessors in Decatur, IL have categorized 396 West Oak Lane as a residential type of property. The home was built in 1967 and is 57 years old. The property's lot size has been calculated to be 8,276 square feet. As for the restroom situation, there are 2 full bathrooms. There are also 3 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 396 West Oak Lane has a total of 1,765 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 576 sqft. 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 frame 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 wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 396 West Oak Lane sold most recently in Apr 15, 2016 for a total of $133,000. If you work out the math, that's approximately a cost of $75.35 per sqft. Before that, the property was also sold for $128,000 in Jun 20, 2014. 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 $3,479 in taxes each year. 396 West Oak Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $44,676. If we break it down further, the land itself was valued at $5,660. Improvements to the property, however, were assessed at a total of $39,016. 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. 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. 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

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,276
  • Total Building Area: 1,765
  • Building Area: 1,765
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,765
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WINDSOR VILLAGE
  • Land Acres: 0.19
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 274 WINDSOR VILLAGE ~6TH ADD ~04BK3542/121 IRREG

Ownership

  • Current Owner : REYNOLDS KEVIN J
  • Current Owner 2: REYNOLDS KELLI A
  • Previous Owner : LONG DAVID
  • Previous Owner 2: LONG CAMILLA
  • Owner Before Previous Owner: METZGER ROGER W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Decatur School District 61
  • Census Tract: 002902

Zoning

  • Zoning: MUNICIPAL

Geography

  • Account Number: 070727426004
  • District: 07
  • Parcel: 07-07-27-426-004
  • Lot: 274
  • Meridian: SEC 27 TWN 17N RNG 2E
  • Municipality: HICKORY POINT
  • Latitude: 39.8977
  • Longitude: -88.9604

    Address

  • Full Address: 396 W Oak Ln
  • Address - House Number: 396
  • Street Direction: W
  • Address - Street Name: Oak
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Decatur
  • Carrier Code: C071
  • 4-Digit Zip Code: 1737
  • Zip Code: 62526

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,479
  • Tax Rate Code Area: 07122

    Appraisal Valuation

  • Standard Deviation: 0.2447
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 65
  • Final Value: 171,573
  • High Value: 213,565
  • Low Value: 129,581

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $119,700
  • First Open Lien Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Open Lien Mortgage Recording Date: Apr 19, 2016
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $119,700
  • 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, 2046

    Market Valuation

  • Market Total Value: $134,042
  • Market Land Value: $16,982
  • Market Improvement Value: $117,060

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,676
  • Assessed Land Value: $5,660
  • Assessed Improvements Value: $39,016

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2016
  • Current Sale Recording Date: Apr 19, 2016
  • Current Sale Transaction ID: 1931993733
  • Current Sale Price: $133,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1902055
  • Previous Sale Recording Date: Jun 24, 2014
  • Previous Sale Contract Date: Jun 20, 2014
  • Previous Sale Amount: $128,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: MORTGAGE SERVICES III LLC
  • First Mortgage Transaction Date: Apr 19, 2016
  • First Mortgage Loan Amount: $119,700
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2046

    Financing

  • First Mortgage Financing Type: Unknown

About Windsor Village



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Frequently Asked Questions

What neighborhood is 396 West Oak Lane located in?
The 396 West Oak Lane is a located in the neighborhood of Windsor Village in Windsor Village, Decatur.
What is the average sales price for listings in 396 West Oak Lane?
The average sales price for units in 396 West Oak Lane is $0 currently.

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