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4 Canterbury Lane

4 Canterbury Lane, Lincoln, IL 62656
Property in West Lincoln
Sold May 08, 2017
$255,000
$229,140 by Iaa Cu
Mortgage
Sold Sep 21, 2005
Transfer
4 Canterbury Lane has been categorized by the local assessors in Lincoln, IL as a residential type of property. The area measurement of the land has been determined as 17,860 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 4, 2017 for $255,000. 4 Canterbury Lane was last assessed in 2022. The total value of the property was assessed at $88,990. Specifically, the land the property is located on was valued at $12,660. While improvements on the property were assessed at a total of $76,330. 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 $6,974. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. 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: 17,860
  • 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: STONEBRIDGE SUB
  • Land Acres: 0.41
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: 12-4787 S35 T20 R3 LOT 22 STONEBRIDGE SUBD, PT SE NW.

Ownership

  • Current Owner : SCHMIDT ADAM
  • Current Owner 2: SCHMIDT ALYSSA
  • Previous Owner : CRAVENS JAMES O
  • Owner Before Previous Owner: CRAVENS JAMES O
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: West Lincoln-Broadwell Elementary School District 92
  • Census Tract: 953400

Geography

  • District: 12
  • Parcel: 12-835-022-00
  • Lot: 22
  • Meridian: SEC 35 TWN 20 RNG 03
  • Municipality: WEST LINCOLN
  • Latitude: 40.1463
  • Longitude: -89.3986

    Address

  • Full Address: 4 Canterbury Ln
  • Address - House Number: 4
  • Address - Street Name: Canterbury
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Lincoln
  • Carrier Code: R004
  • 4-Digit Zip Code: 5431
  • Zip Code: 62656

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,974
  • Tax Rate Code Area: 12008

    Appraisal Valuation

  • Standard Deviation: 0.2469
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 65
  • Final Value: 324,682
  • High Value: 404,851
  • Low Value: 244,513

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $289,140
  • First Open Lien Mortgage Lender: IAA CU
  • First Open Lien Mortgage Recording Date: May 08, 2017
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $229,140
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Lender: IAA CU
  • Second Open Lien Mortgage Recording Date: Jul 26, 2022
  • Second Open Lien Mortgage Financing Type: Fixed Rate
  • Second Open Lien Mortgage Loan Amount: $60,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Interest Rate Type: Y
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $266,970
  • Market Land Value: $37,980
  • Market Improvement Value: $228,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $88,990
  • Assessed Land Value: $12,660
  • Assessed Improvements Value: $76,330

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2017
  • Current Sale Recording Date: May 08, 2017
  • Current Sale Transaction ID: 1589782746
  • Current Sale Price: $255,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2017095498
  • Previous Sale Recording Date: Sep 21, 2005
  • Previous Sale Contract Date: Sep 21, 2005
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: IAA CU
  • First Mortgage Transaction Date: May 08, 2017
  • First Mortgage Loan Amount: $229,140
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Lincoln



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Frequently Asked Questions

What neighborhood is 4 Canterbury Lane located in?
The 4 Canterbury Lane is a located in the neighborhood of West Lincoln in Lincoln, Lincoln.
What is the average sales price for listings in 4 Canterbury Lane?
The average sales price for units in 4 Canterbury Lane is $0 currently.

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