Check Availability

563 Meadow Lane

563 Meadow Lane, Dixon, IL 61021
Property in Palmyra
Sold Oct 22, 2020
$220,000
$155,000 by Midland States Bank
Mortgage
Sold Oct 15, 2014
$47,500
563 Meadow Lane has been categorized by the local assessors in Dixon, IL as a residential type of property. The building on the property was first built in 2017 and is 7 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. The building has a total of 2 stories. In addition, 563 Meadow Lane has 1,392 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 3,180 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 31,800 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 exterior walls of the building are made of alum/vinyl siding. The property was last sold in Oct 21, 2020 for $220,000. That's $158.05 per sqft. Prior to that sales transaction, the property was also sold in Oct 7, 2014 for $47,500. 563 Meadow Lane was last assessed in 2022. The total value of the property was assessed at $69,961. Specifically, the land the property is located on was valued at $27,387. While improvements on the property were assessed at a total of $42,574. 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 $5,100. 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. 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

  • Year Built: 2017
  • Effective Year Built: 2017
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 3
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 31,800
  • Lot Size Depth Feet: 3,180
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,392
  • Building Area: 1,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HENSONS RIVERVIEW SUB
  • Land Acres: 0.73
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: SECT/LOT:01 TWP:21 RNG/BLK:008 HENSONS RIVERVIEW SUB LOT 34 BK 9404-1280 WD JT

Ownership

  • Current Owner : FALEY TODD
  • Current Owner 2: FALEY TERESA
  • Previous Owner : JACOBS JOHN M
  • Previous Owner 2: JACOBS ELIZABETH J
  • Owner Before Previous Owner: SOHN RORY L
  • Owner Before Previous Owner 2: SOHN CHERYL L

Neighborhood

  • School District Name: Dixon Unit School District 170
  • Census Tract: 000500

Geography

  • Account Number: 155184
  • District: 16
  • Parcel: 16-07-01-405-013
  • Block: 8
  • Lot: 34
  • Meridian: SEC 01 TWN 21 RNG 08
  • Municipality: PALMYRA
  • Latitude: 41.8353
  • Longitude: -89.5223

    Address

  • Full Address: 563 Meadow Ln
  • Address - House Number: 563
  • Address - Street Name: Meadow
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Dixon
  • Carrier Code: R005
  • 4-Digit Zip Code: 8411
  • Zip Code: 61021

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,100
  • Tax Rate Code Area: 16004

    Appraisal Valuation

  • Standard Deviation: 0.2205
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 69
  • Final Value: 291,492
  • High Value: 355,772
  • Low Value: 227,212

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $155,000
  • First Open Lien Mortgage Lender: MIDLAND STATES BANK
  • First Open Lien Mortgage Recording Date: Oct 22, 2020
  • First Open Lien Mortgage Loan Amount: $155,000
  • 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: $209,883
  • Market Land Value: $82,161
  • Market Improvement Value: $127,722

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,961
  • Assessed Land Value: $27,387
  • Assessed Improvements Value: $42,574

    Sales

  • Current Sale Contract Date: Oct 21, 2020
  • Current Sale Recording Date: Oct 22, 2020
  • Current Sale Transaction ID: 11796216110
  • Current Sale Price: $220,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 202005169
  • Previous Sale Recording Date: Oct 15, 2014
  • Previous Sale Contract Date: Oct 07, 2014
  • Previous Sale Amount: $47,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDLAND STATES BANK
  • First Mortgage Transaction Date: Oct 22, 2020
  • First Mortgage Loan Amount: $155,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

About Lee



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 563 Meadow Lane located in?
The 563 Meadow Lane is a located in the neighborhood of Palmyra in Lee, Dixon.
What is the average sales price for listings in 563 Meadow Lane?
The average sales price for units in 563 Meadow Lane is $0 currently.

Quantcast