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4060 East William Street Road

4060 East William Street Road, Decatur, IL 62521
Property in Lakeview
Sold Apr 24, 2012
Transfer
$47,130 by Busey Bank
Mortgage Due Apr 01, 2046
Sold Nov 06, 2007
$65,000
$71,000 by Edward E Beasley
Mortgage
4060 East William Street Road in Decatur, IL was first built in 1924 and is 100 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 4060 East William Street Road has 960 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The basement is 960 sqft and has been categorized as a full basement. In total, the area measurement of the land is 20,909 square feet.

Learn more about the property and building on this page. There is a open porch. For those who need parking, there is a detached garage. The garage is 672 sqft. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with frame control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of wood. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Before that, the property was also sold for $65,000 in Nov 1, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $1,640 in taxes each year. 4060 East William Street Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $22,033. If we break it down further, the land itself was valued at $4,267. Improvements to the property, however, were assessed at a total of $17,766. 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 possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1924
  • Effective Year Built: 1924
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Basement Type: Full basement
  • Basement Area: 960
  • Garage Type: Detached
  • Garage Square Area: 672
  • Parking Space Count: 0
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 20,909
  • Total Building Area: 960
  • Building Area: 960
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 960
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SUNRISE ADD
  • Land Acres: 0.48
  • Standard Land Use Code: Single family residential
  • Legal Description 1: L 0009 B 00 SUNRISE ADD OF O ~L LOT 8 & W1/2 LT 10 ~EXC ST ROW ~98BK2854/271 IRREG ~95BK2613/625 8,000

Ownership

  • Current Owner : FEDERAL NATIONAL MORTGAGE ASSOCIATION
  • Previous Owner : LOENARD TABBATHA
  • Owner Before Previous Owner: GILLMAN ROBERT W
  • Owner Before Previous Owner 2: GILLMAN ROBERT W
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Decatur School District 61
  • Census Tract: 001100

Zoning

  • Zoning: MUNICIPAL

Geography

  • Account Number: 041308328008
  • District: 04
  • Parcel: 04-13-08-328-008
  • Lot: 10-8
  • Municipality: DECATUR
  • Latitude: 39.8529
  • Longitude: -88.8925

    Address

  • Full Address: 4060 E William Street Rd
  • Address - House Number: 4060
  • Street Direction: E
  • Address - Street Name: William Street
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Decatur
  • Carrier Code: C077
  • 4-Digit Zip Code: 1763
  • Zip Code: 62521

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,640
  • Tax Rate Code Area: 04055

    Appraisal Valuation

  • Standard Deviation: 0.1391
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 72
  • Final Value: 84,815
  • High Value: 96,619
  • Low Value: 73,010

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $47,130
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Mar 24, 2016
  • First Open Lien Mortgage Loan Amount: $47,130
  • 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: Apr 01, 2046

    Market Valuation

  • Market Total Value: $66,105
  • Market Land Value: $12,802
  • Market Improvement Value: $53,303

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $22,033
  • Assessed Land Value: $4,267
  • Assessed Improvements Value: $17,766

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 27, 2012
  • Current Sale Recording Date: Apr 24, 2012
  • Current Sale Transaction ID: 1178664335
  • Current Sale Document Type: Sheriff's Deed
  • Current Sale Input Document Number: 1832732
  • Previous Sale Recording Date: Nov 06, 2007
  • Previous Sale Contract Date: Nov 01, 2007
  • Previous Sale Amount: $65,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: EDWARD E BEASLEY
  • Previous Mortgage Transaction Date: Nov 06, 2007
  • Previous Mortgage Loan Amount: $71,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Lakeview



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Frequently Asked Questions

What neighborhood is 4060 East William Street Road located in?
The 4060 East William Street Road is a located in the neighborhood of Lakeview in Lakeview, Decatur.
What is the average sales price for listings in 4060 East William Street Road?
The average sales price for units in 4060 East William Street Road is $0 currently.

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