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722 Gunnar Lane

722 Gunnar Lane, Forsyth, IL 62535
Property in Hickory Point
Sold Sep 05, 2019
$170,000
$130,000 by Pnc Bank
Mortgage
Sold Dec 19, 2017
Transfer
$118,650 by Mortgage Services Iii Llc
Mortgage Due Jan 01, 2048
Local assessors in Forsyth, IL have categorized 722 Gunnar Lane as a residential type of property. The home was built in 1995 and is 29 years old. The property's lot size has been calculated to be 10,890 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a split level style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 722 Gunnar Lane has a total of 1,182 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations. There is a partial basement that is 558 sqft. Perfect for those looking for additional storage or living space such as a recreational room, additional bedroom, etc.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 288 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a open porch so you'll have a great option in the front of the home. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with frame control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Lots of wood were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 722 Gunnar Lane was last sold in Sep 3, 2019 for $170,000. According to our calculations, that's $143.82 per sqft. Current property owners are expected to pay $4,592 in taxes per year. The property on 722 Gunnar Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $69,328. To break that down further, the land itself was valued at $8,468. While improvements to the property were assessed at a total of $60,860. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Frame
  • Building Style: Split level
  • Exterior Walls Type: Wood
  • Basement Type: Partial basement
  • Basement Area: 558
  • Garage Type: Garage
  • Garage Square Area: 288
  • Parking Space Count: 1
  • Porch Type: Open porch

    Dimensions

  • Lot Size Square Feet: 10,890
  • Total Building Area: 1,182
  • Building Area: 1,182
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: unknown
  • Heated Square Feet: 1,182
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: EAGLE RIDGE ESTATES
  • Land Acres: 0.25
  • Standard Land Use Code: Single family residential
  • Legal Description 1: EAGLE RIDGE ESTATES ~LOT 48 ~ IRREG ~ ~ ~

Ownership

  • Current Owner : BALLAZHI QAMIL
  • Previous Owner : INGRAM RONALD K
  • Previous Owner 2: INGRAM ANGELA M
  • Owner Before Previous Owner: OSBORNE BRADLEY A
  • Owner Before Previous Owner 2: OSBORNE GAIL L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Maroa-Forsyth Community Unit School District 2
  • Census Tract: 002901

Zoning

  • Zoning: MUNICIPAL

Geography

  • Account Number: 070714327002
  • District: 07
  • Parcel: 07-07-14-327-002
  • Lot: 48
  • Meridian: SEC 14 TWN 17N RNG 2E
  • Municipality: HICKORY POINT
  • Latitude: 39.9258
  • Longitude: -88.9499

    Address

  • Full Address: 722 Gunnar Ln
  • Address - House Number: 722
  • Address - Street Name: Gunnar
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Forsyth
  • Carrier Code: R002
  • 4-Digit Zip Code: 8904
  • Zip Code: 62535

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,592
  • Tax Rate Code Area: 07315

    Appraisal Valuation

  • Standard Deviation: 0.2339
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 67
  • Final Value: 215,745
  • High Value: 266,210
  • Low Value: 165,279

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $130,000
  • First Open Lien Mortgage Lender: PNC BANK
  • First Open Lien Mortgage Recording Date: Sep 05, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $130,000
  • 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: $208,005
  • Market Land Value: $25,407
  • Market Improvement Value: $182,598

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,328
  • Assessed Land Value: $8,468
  • Assessed Improvements Value: $60,860

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 03, 2019
  • Current Sale Recording Date: Sep 05, 2019
  • Current Sale Transaction ID: 11645961749
  • Current Sale Price: $170,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 1950726
  • Previous Sale Recording Date: Dec 19, 2017
  • Previous Sale Contract Date: Dec 15, 2017
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK
  • First Mortgage Transaction Date: Sep 05, 2019
  • First Mortgage Loan Amount: $130,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: MORTGAGE SERVICES III LLC
  • Previous Mortgage Transaction Date: Dec 19, 2017
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $118,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2048

About Forsyth



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Frequently Asked Questions

What neighborhood is 722 Gunnar Lane located in?
The 722 Gunnar Lane is a located in the neighborhood of Hickory Point in Forsyth, Forsyth.
What is the average sales price for listings in 722 Gunnar Lane?
The average sales price for units in 722 Gunnar Lane is $0 currently.

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