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407 South 8000W Road

407 South 8000W Road, Kankakee, IL 60901
Property in Limestone
Sold Mar 23, 2017
$143,000
$2,000,000 by First Farmers Bk&tr
Mortgage Due Mar 23, 2032
This has been categorized as a residential property type. In total, the area measurement of the land is 1,809,047 square feet.

Learn more about the property and building on this page. The property was last sold in Mar 23, 2017 for $143,000. 407 South 8000W Road was last assessed in 2023. The total value of the property was assessed at $38,158. Specifically, the land the property is located on was valued at $20,958. While improvements on the property were assessed at a total of $17,200. 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 $2,770. 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. 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: 1,809,047
  • 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: JOSEPH BLANCHETTE SUB
  • Land Acres: 41.53
  • Standard Land Use Code: Rural/agricultural residence
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: JOSEPH BLANCHETTE SUB LOTS 11-13 41.53AC 06-30-11E

Ownership

  • Current Owner : SCANLON CHRISTOPHER
  • Current Owner 2: SCANLON BETH
  • Previous Owner : ELMORE LEGRAND
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Kankakee School District 111
  • Census Tract: 010400

Geography

  • District: 7
  • Parcel: 07-15-06-100-013
  • Lot: 11-13
  • Municipality: LIMESTONE
  • Latitude: 41.1113
  • Longitude: -88.0173

    Address

  • Full Address: 407 S 8000w Rd
  • Address - House Number: 407
  • Street Direction: S
  • Address - Street Name: 8000w
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Kankakee
  • Carrier Code: R006
  • 4-Digit Zip Code: 7927
  • Zip Code: 60901

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,770
  • Tax Rate Code Area: 7001

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,000,000
  • First Open Lien Mortgage Lender: FIRST FARMERS BK&TR
  • First Open Lien Mortgage Recording Date: Mar 23, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,000,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Mar 23, 2032

    Market Valuation

  • Market Total Value: $95,817
  • Market Land Value: $44,217
  • Market Improvement Value: $51,600

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $38,158
  • Assessed Land Value: $20,958
  • Assessed Improvements Value: $17,200

    Sales

  • Current Sale Contract Date: Mar 23, 2017
  • Current Sale Recording Date: Mar 23, 2017
  • Current Sale Transaction ID: 11710493281
  • Current Sale Price: $143,000
  • Current Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FARMERS BK&TR
  • First Mortgage Transaction Date: Mar 23, 2017
  • First Mortgage Loan Amount: $2,000,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 23, 2032

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Kankakee



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Frequently Asked Questions

What neighborhood is 407 South 8000W Road located in?
The 407 South 8000W Road is a located in the neighborhood of Limestone in Kankakee, Kankakee.
What is the average sales price for listings in 407 South 8000W Road?
The average sales price for units in 407 South 8000W Road is $0 currently.

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