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5 Victory Lane

5 Victory Lane, Fairfield, IL 62837
Townhouse in Big Mound
Sold Nov 13, 2023
$105,000
Sold May 29, 2019
$68,000
$62,000 by Fairfield Nat'l Bk
Mortgage Due Jun 08, 2026
5 Victory Lane has been categorized by the local assessors in Fairfield, IL as a residential type of property. The linear feet between the front and back of the lot is 980 ft and across the front of the lot is 1,600 ft. The area measurement of the land has been determined as 15,680 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. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 5 Victory Lane was last sold in Nov 8, 2023 for $105,000. Prior to that sales transaction, the property was sold for $68,000 in May 28, 2019. Current property owners are expected to pay $2,621 in taxes per year. The property on 5 Victory Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $33,148. To break that down further, the land itself was valued at $2,987. While improvements to the property were assessed at a total of $30,161. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Parking

Attached Garage
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: 15,680
  • Lot Size Depth Feet: 980
  • Lot Size Frontage Feet: 1,600
  • 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: VICTORY SUB
  • Land Acres: 0.36
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SE LOT 5 EXCEPT N 25' VICTORY SUBDIV 2019-1292 WD 5-19

Ownership

  • Current Owner : BRACH OTIS H
  • Previous Owner : BULLARD JUSTIN
  • Previous Owner 2: BULLARD MYAH
  • Owner Before Previous Owner: DUCKWORTH DORIS J
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Fairfield Public School District 112
  • Census Tract: 955200

Geography

  • Account Number: 35482
  • Parcel: 22-50-045-016
  • Lot: 5
  • Meridian: SEC 01 TWN 02S RNG 07E
  • Municipality: BIG MOUND CITY
  • Latitude: 38.3761
  • Longitude: -88.3757

    Address

  • Full Address: 5 Victory Ln
  • Address - House Number: 5
  • Address - Street Name: Victory
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Fairfield
  • Carrier Code: R004
  • 4-Digit Zip Code: 1363
  • Zip Code: 62837

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,621
  • Tax Rate Code Area: 05006

    Appraisal Valuation

  • Standard Deviation: 0.439
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 12
  • Final Value: 193,912
  • High Value: 279,045
  • Low Value: 108,778

    Market Valuation

  • Market Total Value: $99,444
  • Market Land Value: $8,961
  • Market Improvement Value: $90,483

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,148
  • Assessed Land Value: $2,987
  • Assessed Improvements Value: $30,161

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 08, 2023
  • Current Sale Recording Date: Nov 13, 2023
  • Current Sale Transaction ID: 11920739124
  • Current Sale Price: $105,000
  • Current Sale Document Type: Deed
  • Previous Sale Recording Date: May 29, 2019
  • Previous Sale Contract Date: May 28, 2019
  • Previous Sale Amount: $68,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: FAIRFIELD NAT'L BK
  • Previous Mortgage Transaction Date: May 29, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $62,000
  • Previous Mortgage Term: 84
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Jun 08, 2026

About Fairfield



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Frequently Asked Questions

What neighborhood is 5 Victory Lane located in?
The 5 Victory Lane is a townhouse located in the neighborhood of Big Mound in Fairfield, Fairfield.
What is the average sales price for listings in 5 Victory Lane?
The average sales price for units in 5 Victory Lane is $0 currently.

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