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5262 Cottonwood Lane

5262 Cottonwood Lane, Raymond, IL 62560
Property in Zanesville
Sold Jan 26, 2021
$455,000
$364,000 by Bank Of Hillsboro
Mortgage
Sold May 01, 2002
$70,000
5262 Cottonwood Lane has been categorized by the local assessors in Raymond, IL as a residential type of property. The area measurement of the land has been determined as 871,200 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. The property was last sold in Jan 6, 2021 for $455,000. Prior to that sales transaction, the property was also sold in May 1, 2002 for $70,000. 5262 Cottonwood Lane was last assessed in 2022. The total value of the property was assessed at $102,524. Specifically, the land the property is located on was valued at $6,700. While improvements on the property were assessed at a total of $95,824. 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 $7,153. 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. 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

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

    Dimensions

  • Lot Size Square Feet: 871,200
  • 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
  • Land Acres: 20
  • Standard Land Use Code: Rural/agricultural residence
  • County Land Use Code: Pipeline or right-of-way
  • Legal Description 1: PT NW1/4 SE1/4 BEG NE COR NW1/4 S 1327.79' W 625.55' N 1329.29' E 658.84' TO POB 10-5-509 S36 T10 R5

Ownership

  • Current Owner : THOMAS ADAM
  • Current Owner 2: THOMAS TAWNY
  • Previous Owner : GARRETT RICHARD M
  • Previous Owner 2: GARRETT KAREN J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Panhandle Community Unit School District 2
  • Census Tract: 957600

Geography

  • District: 19
  • Parcel: 05-36-400-011
  • Meridian: SEC 36 TWN 10 RNG 05
  • Municipality: ZANESVILLE
  • Latitude: 39.2683
  • Longitude: -89.5907

    Address

  • Full Address: 5262 Cottonwood Ln
  • Address - House Number: 5262
  • Address - Street Name: Cottonwood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Raymond
  • Carrier Code: R001
  • 4-Digit Zip Code: 5195
  • Zip Code: 62560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,153
  • Tax Rate Code Area: 19004

    Appraisal Valuation

  • Standard Deviation: 0.2637
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 62
  • Final Value: 469,795
  • High Value: 593,722
  • Low Value: 345,868

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $364,000
  • First Open Lien Mortgage Lender: BANK OF HILLSBORO
  • First Open Lien Mortgage Recording Date: Jan 26, 2021
  • First Open Lien Mortgage Loan Amount: $364,000
  • 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: $273,582
  • Market Land Value: $17,520
  • Market Improvement Value: $256,062

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,524
  • Assessed Land Value: $6,700
  • Assessed Improvements Value: $95,824

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 06, 2021
  • Current Sale Recording Date: Jan 26, 2021
  • Current Sale Transaction ID: 11815725959
  • Current Sale Price: $455,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202100317
  • Previous Sale Recording Date: May 01, 2002
  • Previous Sale Contract Date: May 01, 2002
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF HILLSBORO
  • First Mortgage Transaction Date: Jan 26, 2021
  • First Mortgage Loan Amount: $364,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Montgomery



Similar Buildings

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 5262 Cottonwood Lane located in?
The 5262 Cottonwood Lane is a located in the neighborhood of Zanesville in Montgomery, Raymond.
What is the average sales price for listings in 5262 Cottonwood Lane?
The average sales price for units in 5262 Cottonwood Lane is $0 currently.

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