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525 Highland Park

525 Highland Park, Danville, IL 61834
Property in Danville
Sold Aug 05, 2021
$50,500
$51,661 by Flat Branch Mortgage Inc
Mortgage Due Sep 01, 2051
525 Highland Park has been categorized by the local assessors in Danville, IL as a residential type of property. The linear feet between the front and back of the lot is 1,500 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 11,249 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. According to our sources, 525 Highland Park sold most recently in Aug 5, 2021 for a total of $50,500. 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 $653 in taxes each year. 525 Highland Park was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $13,717. If we break it down further, the land itself was valued at $2,071. Improvements to the property, however, were assessed at a total of $11,646. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 11,249
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 750
  • 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: GREENWOOD ESTATES
  • Land Acres: 0.258
  • Standard Land Use Code: Single family residential
  • Legal Description 1: GREENWOOD ESTATES L4

Ownership

  • Current Owner : BEAULIER JONATHAN
  • Previous Owner : SMITH RITA D
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Westville Community Unit School District 2
  • Census Tract: 010500

Geography

  • District: DA
  • Parcel: 23-28-101-048
  • Lot: 4
  • Meridian: SEC 28 TWN 19N RNG 11W
  • Municipality: DANVILLE
  • Latitude: 40.0801
  • Longitude: -87.6183

    Address

  • Full Address: 525 Highland Park Rd
  • Address - House Number: 525
  • Address - Street Name: Highland Park
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Danville
  • Carrier Code: R004
  • 4-Digit Zip Code: 7856
  • Zip Code: 61834

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $653
  • Tax Rate Code Area: DN032

    Appraisal Valuation

  • Standard Deviation: 0.2861
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 42
  • Final Value: 141,090
  • High Value: 181,465
  • Low Value: 100,714

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $51,661
  • First Open Lien Mortgage Lender: FLAT BRANCH MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Aug 05, 2021
  • First Open Lien Mortgage Loan Amount: $51,661
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Market Valuation

  • Market Total Value: $41,151
  • Market Land Value: $6,213
  • Market Improvement Value: $34,938

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $13,717
  • Assessed Land Value: $2,071
  • Assessed Improvements Value: $11,646

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 05, 2021
  • Current Sale Recording Date: Aug 05, 2021
  • Current Sale Transaction ID: 11850344365
  • Current Sale Price: $50,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 6057

    Last Sale Mortgage

  • First Mortgage Lender: FLAT BRANCH MORTGAGE INC
  • First Mortgage Transaction Date: Aug 05, 2021
  • First Mortgage Loan Amount: $51,661
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Sep 01, 2051

About Vermilion



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Frequently Asked Questions

What neighborhood is 525 Highland Park located in?
The 525 Highland Park is a located in the neighborhood of Danville in Vermilion, Danville.
What is the average sales price for listings in 525 Highland Park?
The average sales price for units in 525 Highland Park is $0 currently.

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