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434 North Guy Lane

434 North Guy Lane, Cortland, IL 60112
Sold Apr 04, 2012
$61,000
$45,750 by First National Bank Omaha
Mortgage
Sold Nov 22, 2011
Transfer
434 North Guy Lane in Cortland, IL was first built in 2007 and is 17 years old. This has been categorized as a residential property type. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. The basement is 132 sqft and has been categorized as a finished improved basement. The linear feet across the front of the lot is 200 ft and the linear feet between the front and back of the lot is 320. In total, the area measurement of the land is 640 square feet.

Learn more about the property and building on this page. For those who need parking, there is a attached garage. The garage is 400 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 brick. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. The property was last sold in Mar 9, 2012 for $61,000. That's $95.31 per sqft. 434 North Guy Lane was last assessed in 2023. The total value of the property was assessed at $46,803. Specifically, the land the property is located on was valued at $4,931. While improvements on the property were assessed at a total of $41,872. 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 $3,853. 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

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Exterior Walls Type: Brick
  • Basement Type: Finished improved basement
  • Basement Area: 132
  • Garage Type: Attached
  • Garage Square Area: 400
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 640
  • Lot Size Depth Feet: 320
  • Lot Size Frontage Feet: 200
  • Total Building Area: 640
  • Building Area: 640
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GRAINGER RESUBDIVISION OF CORTLAND ESTAT
  • Land Acres: 0.15
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT J-1 - GRAINGER RESUBDIVISION OF CORTLAND ESTATES - UNIT 3 - PHASE 4

Ownership

  • Current Owner : MCKEON JOHN
  • Current Owner 2: MCKEON MICHELLE
  • Previous Owner : JP MORGAN CHASE BANK
  • Owner Before Previous Owner: DEKALB COUNTY SHERIFF
  • Ownership Rights Codes: Revocable Trust

Neighborhood

  • School District Name: DeKalb Community Unit School District 428
  • Census Tract: 000800

Geography

  • Account Number: 0920102133
  • District: CO
  • Subdivision Phase Number: 4
  • Parcel: 09-20-102-133
  • Lot: J-1
  • Municipality: CORTLAND
  • Latitude: 41.9341
  • Longitude: -88.6971

    Address

  • Full Address: 434 N Guy Ln
  • Legal Unit: 3
  • Address - House Number: 434
  • Street Direction: N
  • Address - Street Name: Guy
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Cortland
  • Carrier Code: R010
  • 4-Digit Zip Code: 4196
  • Zip Code: 60112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,853
  • Tax Rate Code Area: CO09

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 75
  • Final Value: 175,613
  • High Value: 208,800
  • Low Value: 142,426

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $45,750
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK OMAHA
  • First Open Lien Mortgage Recording Date: Apr 04, 2012
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $45,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Market Valuation

  • Market Total Value: $140,409
  • Market Land Value: $14,793
  • Market Improvement Value: $125,616

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $46,803
  • Assessed Land Value: $4,931
  • Assessed Improvements Value: $41,872

    Sales

  • Current Sale Contract Date: Mar 09, 2012
  • Current Sale Recording Date: Apr 04, 2012
  • Current Sale Transaction ID: 11458909266
  • Current Sale Price: $61,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2012003898
  • Previous Sale Recording Date: Nov 22, 2011
  • Previous Sale Contract Date: Nov 16, 2011
  • Previous Sale Document Type: Sheriff's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK OMAHA
  • First Mortgage Transaction Date: Apr 04, 2012
  • First Mortgage Loan Amount: $45,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Gainger of Cortland Estates



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Frequently Asked Questions

What neighborhood is 434 North Guy Lane located in?
The 434 North Guy Lane is a located in the neighborhood of Gainger of Cortland Estates in Gainger of Cortland Estates, Cortland.
What is the average sales price for listings in 434 North Guy Lane?
The average sales price for units in 434 North Guy Lane is $0 currently.

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