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707 Marshall Lane

707 Marshall Lane, Bloomington, IL 61701
Property in Bloomington City
Sold Apr 12, 2018
$90,000
$88,013 by Waterstone Mortgage Corp
Mortgage Due May 01, 2048
707 Marshall Lane in Bloomington, IL was first built in 1963 and is 61 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 5 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 707 Marshall Lane has 988 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 1,130 ft and the linear feet between the front and back of the lot is 1,450. In total, the area measurement of the land is 16,117 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a garage. The garage is 1,372 sqft. There are a total of 5 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of alum/vinyl siding. While the interior walls are made of gypsum boards such as those made of drywall, sheetrock, etc. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a forced air unit and being fueled with gas. The property was last sold in Mar 9, 2018 for $90,000. That's $91.09 per sqft. 707 Marshall Lane was last assessed in 2022. The total value of the property was assessed at $31,663. Specifically, the land the property is located on was valued at $11,277. While improvements on the property were assessed at a total of $20,386. 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 $2,222. 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! 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: 1963
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Alum/Vinyl siding
  • Interior Walls Type: Gypsum board (drywall, sheetrock, etc.)
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Floor Cover: Carpet
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 1,372
  • Parking Space Count: 5

    Dimensions

  • Lot Size Square Feet: 16,117
  • Lot Size Depth Feet: 1,450
  • Lot Size Frontage Feet: 1,130
  • Total Building Area: 988
  • Gross Building Area: 988
  • Building Area: 988
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 988
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LES WILSON SECOND SUB
  • Land Acres: 0.37
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LES WILSON SECOND SUB IN NE 6-23-2E LOT 26

Ownership

  • Current Owner : WEED GEOF
  • Previous Owner : WATSON PATRICIA A
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Bloomington School District 87
  • School Tax School District: 005
  • Census Tract: 000302

Zoning

  • Zoning: R1B

Geography

  • District: 40
  • Parcel: 21-06-226-008
  • Lot: 26
  • Meridian: SEC 06 TWN 23N RNG 02E
  • Municipality: CITY OF BLOOMINGTON
  • Latitude: 40.4866
  • Longitude: -89.0232

    Address

  • Full Address: 707 Marshall Ln
  • Address - House Number: 707
  • Address - Street Name: Marshall
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bloomington
  • Carrier Code: R007
  • 4-Digit Zip Code: 9539
  • Zip Code: 61701

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,222
  • Tax Rate Code Area: 4005

    Appraisal Valuation

  • Standard Deviation: 0.1954
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 73
  • Final Value: 140,977
  • High Value: 168,530
  • Low Value: 113,423

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $88,013
  • First Open Lien Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 12, 2018
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $88,013
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: May 01, 2048

    Market Valuation

  • Market Total Value: $94,989
  • Market Land Value: $33,831
  • Market Improvement Value: $61,158

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,663
  • Assessed Land Value: $11,277
  • Assessed Improvements Value: $20,386

    Sales

  • Current Sale Contract Date: Mar 09, 2018
  • Current Sale Recording Date: Apr 12, 2018
  • Current Sale Transaction ID: 11457223769
  • Current Sale Price: $90,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2018-00005500

    Last Sale Mortgage

  • First Mortgage Lender: WATERSTONE MORTGAGE CORP
  • First Mortgage Transaction Date: Apr 12, 2018
  • First Mortgage Loan Amount: $88,013
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2048

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Bloomington



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Frequently Asked Questions

What neighborhood is 707 Marshall Lane located in?
The 707 Marshall Lane is a located in the neighborhood of Bloomington City in Bloomington, Bloomington.
What is the average sales price for listings in 707 Marshall Lane?
The average sales price for units in 707 Marshall Lane is $0 currently.

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