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7617 Shane Lane

7617 Shane Lane, South Beloit, IL 61080
Property in Roscoe
Sold Jul 23, 2015
$240,000
$72,295
Mortgage
Sold Mar 31, 2005
$240,000
Local assessors in South Beloit, IL have categorized 7617 Shane 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 26,572 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 7617 Shane Lane has a total of 1,320 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 1,096 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 824 sqft. There are 3 available parking spaces so it's a great situation for those with more than one car. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. The home's a gas heating system is the primary heating source and it is being fueled with gas. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 7617 Shane Lane was last sold in Mar 31, 2005 for $240,000. According to our calculations, that's $181.82 per sqft. Prior to that sales transaction, the property was sold for $240,000 in Mar 31, 2005. Current property owners are expected to pay $8,720 in taxes per year. The property on 7617 Shane Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $103,128. To break that down further, the land itself was valued at $14,188. While improvements to the property were assessed at a total of $88,940. 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 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. 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
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Exterior Walls Type: Alum/Vinyl siding
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Partial basement
  • Basement Area: 1,096
  • Garage Type: Garage
  • Garage Square Area: 824
  • Parking Space Count: 3

    Dimensions

  • Lot Size Square Feet: 26,572
  • Total Building Area: 1,320
  • Building Area: 1,320
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Gas
  • Heated Square Feet: 1,320
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHVIEW ESTATES
  • Land Acres: 0.61
  • Standard Land Use Code: Single family residential
  • Legal Description 1: NORTHVIEW ESTATES BNG PT W1/2 SE1/4 SEC 11-46-2 LOT 25

Ownership

  • Current Owner : HAYES RAY LEETE
  • Previous Owner : LARSEN DANIEL E
  • Previous Owner 2: LARSEN LINDA S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Hononegah Community High School District 207
  • Census Tract: 003903

Zoning

  • Zoning: RR

Geography

  • Account Number: 011D025
  • Parcel: 04-11-402-003
  • Lot: 25
  • Meridian: SEC 11 TWN 46 RANGE 2
  • Municipality: ROSCOE
  • Latitude: 42.478
  • Longitude: -88.9678

    Address

  • Full Address: 7617 Shane Ln
  • Address - House Number: 7617
  • Address - Street Name: Shane
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: South Beloit
  • Carrier Code: R001
  • 4-Digit Zip Code: 9108
  • Zip Code: 61080

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,720
  • Tax Rate Code Area: 180

    Appraisal Valuation

  • Standard Deviation: 0.1965
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 73
  • Final Value: 380,834
  • High Value: 455,694
  • Low Value: 305,975

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $72,295
  • First Open Lien Mortgage Recording Date: Jul 23, 2015
  • First Open Lien Mortgage Loan Amount: $72,295
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1

    Market Valuation

  • Market Total Value: $309,384
  • Market Land Value: $42,564
  • Market Improvement Value: $266,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $103,128
  • Assessed Land Value: $14,188
  • Assessed Improvements Value: $88,940

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 31, 2005
  • Current Sale Recording Date: Jul 23, 2015
  • Current Sale Transaction ID: 11708799532
  • Current Sale Price: $240,000
  • Current Sale Document Type: Grant Deed
  • Previous Sale Recording Date: Mar 31, 2005
  • Previous Sale Contract Date: Mar 31, 2005
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: Deed

    Last Sale Mortgage

  • Second Mortgage Loan Amount: $72,295

About Winnebago



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Frequently Asked Questions

What neighborhood is 7617 Shane Lane located in?
The 7617 Shane Lane is a located in the neighborhood of Roscoe in Winnebago, South Beloit.
What is the average sales price for listings in 7617 Shane Lane?
The average sales price for units in 7617 Shane Lane is $0 currently.

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