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5247 North Lakewood Road

5247 North Lakewood Road, Olney, IL 62450
Property in Preston
Sold Dec 12, 2011
Transfer
$200,000 by First Robinson Savings Bank, N
Mortgage Due Jan 01, 2042
5247 North Lakewood Road has been categorized by the local assessors in Olney, IL as a residential type of property. The area measurement of the land has been determined as 39,769 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $7,072 in taxes each year. 5247 North Lakewood Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $104,635. If we break it down further, the land itself was valued at $21,047. Improvements to the property, however, were assessed at a total of $83,588. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 39,769
  • 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: NORTH SHORE ESTATE
  • Land Acres: 0.913
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: RANGE/TOWN/SEC/QTR 10E/4N/23/SW LOT 37 NORTH SHORE ESTATES

Ownership

  • Current Owner : RUMP R WILLIAM
  • Current Owner 2: LYNNE RUMP T
  • Previous Owner : KOWALIS MICHAEL G
  • Previous Owner 2: KOWALIS LINDA

Neighborhood

  • School District Name: East Richland Community Unit School District 1
  • Census Tract: 977900

Zoning

  • Zoning: RS

Geography

  • District: 02
  • Parcel: 06-23-400-064
  • Lot: 37
  • Meridian: SEC 23 TWN 4N RNG 10E
  • Municipality: PRESTON
  • Latitude: 38.7626
  • Longitude: -88.0611

    Address

  • Full Address: 5247 N Lakewood Rd
  • Address - House Number: 5247
  • Street Direction: N
  • Address - Street Name: Lakewood
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Olney
  • Carrier Code: R006
  • 4-Digit Zip Code: 4313
  • Zip Code: 62450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,072
  • Tax Rate Code Area: 02001

    Appraisal Valuation

  • Standard Deviation: 0.2626
  • Valuation Date: Jun 28, 2023
  • Confidence Score: 62
  • Final Value: 408,818
  • High Value: 516,212
  • Low Value: 301,423

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: FIRST ROBINSON SAVINGS BANK, N
  • First Open Lien Mortgage Recording Date: Dec 12, 2011
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2042

    Market Valuation

  • Market Total Value: $313,905
  • Market Land Value: $63,141
  • Market Improvement Value: $250,764

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,635
  • Assessed Land Value: $21,047
  • Assessed Improvements Value: $83,588

    Sales

  • Current Sale Contract Date: Dec 12, 2011
  • Current Sale Recording Date: Dec 12, 2011
  • Current Sale Transaction ID: 1178816406
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2489

    Last Sale Mortgage

  • First Mortgage Lender: FIRST ROBINSON SAVINGS BANK, N
  • First Mortgage Transaction Date: Dec 12, 2011
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jan 01, 2042

About Richland



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Frequently Asked Questions

What neighborhood is 5247 North Lakewood Road located in?
The 5247 North Lakewood Road is a located in the neighborhood of Preston in Richland, Olney.
What is the average sales price for listings in 5247 North Lakewood Road?
The average sales price for units in 5247 North Lakewood Road is $0 currently.

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