NOT LISTED FOR SALE

1341 Fairlawn Dr Rantoul, IL 61866

Estimated Value: $75,000 - $96,000

3 Beds
1 Bath
925 Sq Ft
$93/Sq Ft Est. Value

Last Sold January 14, 2022

Last sale price $52,750 $57 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $608/month

45 Days on Market

About This Home

As of January 2022

Calling all investors! This cute 3 bedroom, 1 bathroom home with separate storage shed is part of an investment package along with the following addresses: 1132 Bel Aire, 1365 Fairlawn, 1336 Sunset, 1508 Golfview, 619 Heath, 1801 Gleason, and 919 Congress. Immediate cash flow! All tenants are current on rent! Priced to sell as-is. $600,000 asking price for all 8 properties. $5,865 monthly gross rent. Re: 1341 Fairlawn -- 3 bedrooms, 1 bathroom, 1 car garage. Approximately 925 sqft. Wood laminate flooring throughout living room, kitchen with all appliances. Super tidy backyard, fully fenced, with a metal shed in the backyard that is perfect for storing supplies or could be rented separately. $735/mo rent, lease ending 2/15/22.

Last Agent to Sell the Property

Natalie Nielsen

Pathway Realty, PLLC License #471021839 Listed on: 10/11/2021

Last Buyer's Agent

Mike Neault

KELLER WILLIAMS-TREC License #475169255

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,658

Year Built

  • 1950

Lot Details

  • 6,011

Parking

  • Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,658

Year Built

1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 132 PRAIRIE VIEW PARK ADD 2
  • Directions: From Maplewood, West on Fairlawn
  • Lot Size: 55 X 110
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1950

Interior Features

  • Appliances: Range, Microwave, Refrigerator
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 925
  • Assessed Sq Ft: 1005
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 925
  • Total Sq Ft: 925
  • Main Level Sq Ft: 925
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Other Structures: Shed(s)
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 193

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 753.1
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2021
Closed on
Dec 14, 2021
Sold by
Illinois Land Trust
Bought by
Rantoul Properties Llc
Seller's Agent
Natalie Nielsen
Pathway Realty, PLLC
Buyer's Agent
Mike Neault
KELLER WILLIAMS-TREC
List Price
$64,000
Sold Price
$52,750
Premium/Discount to List
-$11,250
-17.58%
Current Estimated Value
$86,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,583
Avg. Annual Appreciation
12.71%
Original Mortgage
$408,000
Outstanding Balance
$143,098
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
-$61,765

Purchase Details

Closed on
Feb 26, 2004
Sold by
Claxton Tyler and Claxton Erica
Bought by
Loss Jonita E

Purchase Details

Closed on
Dec 5, 2003
Sold by
Loss Jonita E
Bought by
Loss Jonita E and Jonita E Loss Revocable Trust

Purchase Details

Closed on
May 6, 2003
Sold by
Flynn Davina L and Swink Davina L
Bought by
Claxton Tyler and Claxton Erica
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rantoul Properties Llc $510,000 Scott William R
Loss Jonita E -- --
Loss Jonita E -- --
Claxton Tyler $40,000 Allied Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rantoul Properties Llc $408,000
Previous Owner Tyme Jonita E $321,600
Previous Owner Loss Jonita E $224,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/14/2022 01/14/22 Sold $52,750 -17.6% $57 / Sq Ft
11/25/2021 11/25/21 Pending -- -- --
10/11/2021 10/11/21 For Sale $64,000 -- $69 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,658 $18,450 $3,090 $15,360
2023 $1,658 $16,460 $2,760 $13,700
2022 $1,551 $14,690 $2,460 $12,230
2021 $836 $13,720 $2,300 $11,420
2020 $753 $13,250 $2,220 $11,030
2019 $698 $12,730 $2,130 $10,600
2018 $706 $12,080 $2,020 $10,060
2017 $715 $11,740 $1,960 $9,780
2016 $701 $11,740 $1,960 $9,780
2015 $698 $11,740 $1,960 $9,780
2014 $686 $11,740 $1,960 $9,780
2013 $671 $12,000 $2,000 $10,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11244159

Midwest Real Estate Data (MRED)

APN: 20-09-02-231-037