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499 Lucas Lane

499 Lucas Lane, Forsyth, IL 62535
Property in Hickory Point
Sold Jun 10, 2022
$420,000
$326,000 by Murphy-wall State Bank And Tru
Mortgage Due Jun 09, 2052
Sold Dec 29, 2017
$360,000
$270,000 by Jp Morgan Chase Bank
Mortgage
499 Lucas Lane in Forsyth, IL was first built in 2006 and is 18 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there are a total of 5 full bathrooms. There are 5 partial bathrooms. 499 Lucas Lane has 1,994 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 1,994 sqft and has been categorized as a full basement. In total, the area measurement of the land is 14,375 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 garage. The garage is 442 sqft. There are a total of 2 available parking spaces. 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 B. 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. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Jun 1, 2022 for $420,000. That's $210.63 per sqft. Prior to that sales transaction, the property was also sold in Dec 7, 2017 for $360,000. 499 Lucas Lane was last assessed in 2022. The total value of the property was assessed at $124,624. Specifically, the land the property is located on was valued at $16,004. While improvements on the property were assessed at a total of $108,620. 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 $9,388. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. 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: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: B
  • Construction Type: Frame
  • Exterior Walls Type: Wood
  • Floor Count: 2
  • Basement Type: Full basement
  • Basement Area: 1,994
  • Garage Type: Garage
  • Garage Square Area: 442
  • Parking Space Count: 2
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 14,375
  • Total Building Area: 1,994
  • Building Area: 1,994
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,994
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GREENBRIER ADD
  • Land Acres: 0.33
  • Standard Land Use Code: Single family residential
  • Legal Description 1: THE GREENBRIER ~LT 33 ~ IRREG

Ownership

  • Current Owner : SINGH NARINDER
  • Current Owner 2: KAUR NAVNEET
  • Previous Owner : KRISHNA KOLLURU
  • Previous Owner 2: KRISHNA SUNIL
  • Owner Before Previous Owner: BINDER FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Maroa-Forsyth Community Unit School District 2
  • Census Tract: 002901

Zoning

  • Zoning: MUNICIPAL

Geography

  • Account Number: 070716276029
  • District: 07
  • Parcel: 07-07-16-276-029
  • Lot: 33
  • Meridian: SEC 16 TWN 17N RNG 2E
  • Municipality: HICKORY POINT
  • Latitude: 39.9294
  • Longitude: -88.9777

    Address

  • Full Address: 499 Lucas Ln
  • Address - House Number: 499
  • Address - Street Name: Lucas
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Forsyth
  • Carrier Code: R004
  • 4-Digit Zip Code: 8975
  • Zip Code: 62535

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,388
  • Tax Rate Code Area: 07315

    Appraisal Valuation

  • Standard Deviation: 0.2447
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 65
  • Final Value: 420,097
  • High Value: 522,914
  • Low Value: 317,280

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $326,000
  • First Open Lien Mortgage Lender: MURPHY-WALL STATE BANK AND TRU
  • First Open Lien Mortgage Recording Date: Jun 10, 2022
  • First Open Lien Mortgage Loan Amount: $326,000
  • 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: Jun 09, 2052

    Market Valuation

  • Market Total Value: $373,910
  • Market Land Value: $48,017
  • Market Improvement Value: $325,893

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $124,624
  • Assessed Land Value: $16,004
  • Assessed Improvements Value: $108,620

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2022
  • Current Sale Recording Date: Jun 10, 2022
  • Current Sale Transaction ID: 11889760830
  • Current Sale Price: $420,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1997132
  • Previous Sale Recording Date: Dec 29, 2017
  • Previous Sale Contract Date: Dec 07, 2017
  • Previous Sale Amount: $360,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MURPHY-WALL STATE BANK AND TRU
  • First Mortgage Transaction Date: Jun 10, 2022
  • First Mortgage Loan Amount: $326,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 09, 2052

    Previous Mortgages

  • Previous Mortgage Lender: JP MORGAN CHASE BANK
  • Previous Mortgage Transaction Date: Dec 29, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional

About Forsyth



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Frequently Asked Questions

What neighborhood is 499 Lucas Lane located in?
The 499 Lucas Lane is a located in the neighborhood of Hickory Point in Forsyth, Forsyth.
What is the average sales price for listings in 499 Lucas Lane?
The average sales price for units in 499 Lucas Lane is $0 currently.

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