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7112 Gardenview Lane

7112 Gardenview Lane, Springfield, IL 62707
House in Cotton Hill
Sold Apr 27, 2020
$129,900
$127,546 by Marine Bank
Mortgage Due May 01, 2050
Sold Oct 30, 2013
Transfer
7112 Gardenview Lane has been categorized by the local assessors in Springfield, IL as a residential type of property. The linear feet between the front and back of the lot is 1,040 ft and across the front of the lot is 2,080 ft. The area measurement of the land has been determined as 21,780 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, 7112 Gardenview Lane sold most recently in Apr 24, 2020 for a total of $129,900. 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 $2,730 in taxes each year. 7112 Gardenview Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $42,134. If we break it down further, the land itself was valued at $2,115. Improvements to the property, however, were assessed at a total of $40,019. 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.

Building Features

Exterior

Vinyl Siding
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: 21,780
  • Lot Size Depth Feet: 1,040
  • Lot Size Frontage Feet: 2,080
  • 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: 0.5
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PT NW NW 104.37 X 208.74 6-14-4

Ownership

  • Current Owner : CABARCAS ARACELI
  • Previous Owner : ROBERT J MILLER REVOCABLE LIVING TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Ball-Chatham Community Unit School District 5
  • Census Tract: 003100

Zoning

  • Zoning: R1

Geography

  • Account Number: 30060101007 (CHECK DIGIT = 4)
  • District: 11
  • Parcel: 30-06.0-101-007
  • Meridian: SEC 06 TWN 14 RNG 04
  • Municipality: COTTON HILL
  • Latitude: 39.6984
  • Longitude: -89.5917

    Address

  • Full Address: 7112 Gardenview Ln
  • Address - House Number: 7112
  • Address - Street Name: Gardenview
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Springfield
  • Carrier Code: R008
  • 4-Digit Zip Code: 8907
  • Zip Code: 62712

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,730
  • Tax Rate Code Area: J07

    Appraisal Valuation

  • Standard Deviation: 0.1774
  • Valuation Date: Sep 06, 2023
  • Confidence Score: 77
  • Final Value: 167,427
  • High Value: 197,144
  • Low Value: 137,710

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $136,901
  • First Open Lien Mortgage Lender: MARINE BANK
  • First Open Lien Mortgage Recording Date: Apr 27, 2020
  • First Open Lien Mortgage Loan Amount: $127,546
  • 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, 2050
  • Second Open Lien Mortgage Lender: SECRETARY OF HOUSING AND URBAN
  • Second Open Lien Mortgage Recording Date: Jan 19, 2022
  • Second Open Lien Mortgage Loan Amount: $9,355
  • Second Open Lien Mortgage Term: 340
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: May 01, 2050

    Market Valuation

  • Market Total Value: $126,402
  • Market Land Value: $6,345
  • Market Improvement Value: $120,057

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,134
  • Assessed Land Value: $2,115
  • Assessed Improvements Value: $40,019

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 24, 2020
  • Current Sale Recording Date: Apr 27, 2020
  • Current Sale Transaction ID: 11771108397
  • Current Sale Price: $129,900
  • Current Sale Document Type: Trustee's Deed (Certificate of Title)
  • Current Sale Input Document Number: 8891
  • Previous Sale Recording Date: Oct 30, 2013
  • Previous Sale Contract Date: Oct 29, 2013
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARINE BANK
  • First Mortgage Transaction Date: Apr 27, 2020
  • First Mortgage Loan Amount: $127,546
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: May 01, 2050

About Sangamon



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Frequently Asked Questions

What neighborhood is 7112 Gardenview Lane located in?
The 7112 Gardenview Lane is a house located in the neighborhood of Cotton Hill in Sangamon, Springfield.
What is the average sales price for listings in 7112 Gardenview Lane?
The average sales price for units in 7112 Gardenview Lane is $0 currently.

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