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521 Vanderbilt Drive

521 Vanderbilt Drive, Sherman, IL 62684
House in Fancy Creek
Sold Nov 22, 2021
$370,000
$333,000 by Marine Bank
Mortgage
Sold Oct 25, 1999
Transfer
This has been categorized as a residential property type. In total, the area measurement of the land is 26,690 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 521 Vanderbilt Drive sold most recently in Jan 1, 1970 for a total of $370,000. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $9,269 in taxes each year. 521 Vanderbilt Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $129,364. If we break it down further, the land itself was valued at $15,688. Improvements to the property, however, were assessed at a total of $113,676. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 26,690
  • 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: FLAGGLAND PARKS 3RD ADD
  • Land Acres: 0.612
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOTS 22 & 23 FLAGGLAND PARKS 3RD ADDN

Ownership

  • Current Owner : BECK ROBERT CLAGETT
  • Current Owner 2: BECK KATARAINA ANITA
  • Previous Owner : MARINE BANK SPRINGFIELD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Williamsville Community Unit School District 15
  • Census Tract: 003702

Geography

  • Account Number: 06250353043 (CHECK DIGIT = 6)
  • District: 14
  • Parcel: 06-25.0-353-043
  • Meridian: SEC 25 TWN 17 RNG 05
  • Municipality: FANCY CREEK
  • Latitude: 39.8899
  • Longitude: -89.6136

    Address

  • Full Address: 521 Vanderbilt
  • Address - House Number: 521
  • Address - Street Name: Vanderbilt
  • State: IL
  • City Name: Sherman
  • Carrier Code: R004
  • 4-Digit Zip Code: 9622
  • Zip Code: 62684

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,269
  • Tax Rate Code Area: M07

    Appraisal Valuation

  • Standard Deviation: 0.1567
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 80
  • Final Value: 438,031
  • High Value: 506,703
  • Low Value: 369,360

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $333,000
  • First Open Lien Mortgage Lender: MARINE BANK
  • First Open Lien Mortgage Recording Date: Jan 05, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $333,000
  • 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: $388,092
  • Market Land Value: $47,064
  • Market Improvement Value: $341,028

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $129,364
  • Assessed Land Value: $15,688
  • Assessed Improvements Value: $113,676

    Sales

  • Current Sale Recording Date: Nov 22, 2021
  • Current Sale Transaction ID: 11876935868
  • Current Sale Price: $370,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 31727
  • Previous Sale Recording Date: Oct 25, 1999
  • Previous Sale Contract Date: Oct 10, 1999
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARINE BANK
  • First Mortgage Transaction Date: Nov 22, 2021
  • First Mortgage Loan Amount: $333,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 521 Vanderbilt Drive located in?
The 521 Vanderbilt Drive is a house located in the neighborhood of Fancy Creek in Sherman, Sherman.
What is the average sales price for listings in 521 Vanderbilt Drive?
The average sales price for units in 521 Vanderbilt Drive is $0 currently.

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