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807 Southern Lane

807 Southern Lane, Quincy, IL 62305
Property in Quincy
Sold Jul 17, 2020
$130,000
$127,645 by Diamond Residential Mortgage C
Mortgage Due Aug 01, 2050
Local assessors in Quincy, IL have categorized 807 Southern Lane as a residential type of property. The property's lot size has been calculated to be 6,354 square feet.

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. 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, 807 Southern Lane sold most recently in Jul 16, 2020 for a total of $130,000. 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 $2,561 in taxes each year. 807 Southern Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $44,220. If we break it down further, the land itself was valued at $6,990. Improvements to the property, however, were assessed at a total of $37,230. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

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: 6,354
  • Lot Size Frontage Feet: 0
  • 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
  • Subdivision: SOUTH PARK GARDEN SUBDIVISION
  • Land Acres: 0.15
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: LOT 2 SOUTH PARK GARDEN SUB LOT 2

Ownership

  • Current Owner : HEINECKE DILLON D E
  • Previous Owner : ALLISON CAROL J
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Quincy School District 172
  • Census Tract: 000900

Geography

  • District: 23
  • Parcel: 236182900000
  • Lot: 2
  • Meridian: SEC 11 TWN 2S RNG 9W
  • Municipality: QUINCY
  • Latitude: 39.907
  • Longitude: -91.4027

    Address

  • Full Address: 807 Southern Ln
  • Address - House Number: 807
  • Address - Street Name: Southern
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Quincy
  • Carrier Code: R004
  • 4-Digit Zip Code: 7220
  • Zip Code: 62305

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,561
  • Tax Rate Code Area: 23001

    Appraisal Valuation

  • Standard Deviation: 0.2253
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 68
  • Final Value: 169,614
  • High Value: 207,839
  • Low Value: 131,389

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $127,645
  • First Open Lien Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • First Open Lien Mortgage Recording Date: Jul 17, 2020
  • First Open Lien Mortgage Loan Amount: $127,645
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $132,660
  • Market Land Value: $20,970
  • Market Improvement Value: $111,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,220
  • Assessed Land Value: $6,990
  • Assessed Improvements Value: $37,230

    Sales

  • Current Sale Contract Date: Jul 16, 2020
  • Current Sale Recording Date: Jul 17, 2020
  • Current Sale Transaction ID: 11773163141
  • Current Sale Price: $130,000
  • Current Sale Document Type: Executor's Deed
  • Current Sale Input Document Number: 6360

    Last Sale Mortgage

  • First Mortgage Lender: DIAMOND RESIDENTIAL MORTGAGE C
  • First Mortgage Transaction Date: Jul 17, 2020
  • First Mortgage Loan Amount: $127,645
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Aug 01, 2050

About Quincy



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Nearby Rentals

Unit for rent at 1939 Adams St., Quincy, IL, 62301

$1,550 /mo

  • 3 Beds
  • 2.5 Baths
  • 2,184 ft²
1939 Adams St. #1939 Adams St., Quincy, IL, 62301 Listing by Manager

Frequently Asked Questions

What neighborhood is 807 Southern Lane located in?
The 807 Southern Lane is a located in the neighborhood of Quincy in Quincy, Quincy.
What is the average sales price for listings in 807 Southern Lane?
The average sales price for units in 807 Southern Lane is $0 currently.

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