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829 Covey Lane

829 Covey Lane, Coal City, IL 60416
Multifamily in Braceville
Sold Nov 17, 2020
$167,000
$163,975 by Guaranteed Rate Inc
Mortgage
829 Covey Lane has been categorized by the local assessors in Coal City, IL as a residential type of property. The building on the property was first built in 2004 and is 20 years old. In addition, 829 Covey Lane has 1,048 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 5,227 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. The property was last sold in Nov 13, 2020 for $167,000. That's $159.35 per sqft. 829 Covey Lane was last assessed in 2022. The total value of the property was assessed at $51,781. Specifically, the land the property is located on was valued at $8,433. While improvements on the property were assessed at a total of $43,348. 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 $3,702. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home. 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.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,227
  • Total Building Area: 1,048
  • Gross Building Area: 1,048
  • Building Area: 1,048
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,048
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: QUAIL RUN SUBDIVISION
  • Land Acres: 0.12
  • Standard Land Use Code: Single family residential (assumed)
  • Legal Description 1: QUAIL RUN SUB 4TH ADD PT LT 11 BEG NW COR, NE35.06' SE150.21' SW34.79' NW151.96' TO POB SEC 3-32-8

Ownership

  • Current Owner : ADAIR ALEX
  • Current Owner 2: LIVINGSTON STEPHANIE
  • Previous Owner : HUTCHINSON ROBERT
  • Previous Owner 2: HUTCHINSON NADINE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Coal City Community Unit School District 1
  • Census Tract: 000800

Geography

  • District: 02
  • Parcel: 09-03-380-018
  • Lot: 11
  • Meridian: SEC 03 TWN 32N RNG 08W
  • Municipality: BRACEVILLE TOWNSHIP
  • Latitude: 41.275
  • Longitude: -88.2969

    Address

  • Full Address: 829 Covey Ln
  • Address - House Number: 829
  • Address - Street Name: Covey
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Coal City
  • Carrier Code: C004
  • 4-Digit Zip Code: 2442
  • Zip Code: 60416

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,702
  • Tax Rate Code Area: 2001

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jan 03, 2024
  • Confidence Score: 73
  • Final Value: 199,147
  • High Value: 238,241
  • Low Value: 160,053

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $169,151
  • First Open Lien Mortgage Lender: GUARANTEED RATE INC
  • First Open Lien Mortgage Recording Date: Nov 17, 2020
  • First Open Lien Mortgage Loan Amount: $163,975
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Lender: SECRETARY/HOUSING & URBAN DEV
  • Second Open Lien Mortgage Recording Date: Dec 22, 2023
  • Second Open Lien Mortgage Loan Amount: $5,176
  • Second Open Lien Mortgage Term: 323
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: FHA
  • Second Open Lien Mortgage Loan Due Date: Dec 01, 2050

    Market Valuation

  • Market Total Value: $155,343
  • Market Land Value: $25,299
  • Market Improvement Value: $130,044

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,781
  • Assessed Land Value: $8,433
  • Assessed Improvements Value: $43,348

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 13, 2020
  • Current Sale Recording Date: Nov 17, 2020
  • Current Sale Transaction ID: 11804677902
  • Current Sale Price: $167,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 597915

    Last Sale Mortgage

  • First Mortgage Lender: GUARANTEED RATE INC
  • First Mortgage Transaction Date: Nov 17, 2020
  • First Mortgage Loan Amount: $163,975
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA

About Coal City



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 829 Covey Lane located in?
The 829 Covey Lane is a multifamily located in the neighborhood of Braceville in Coal City, Coal City.
What is the average sales price for listings in 829 Covey Lane?
The average sales price for units in 829 Covey Lane is $162,000 , or $155/sqft. currently.

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