NOT LISTED FOR SALE

306 Terra Ln Colfax, IL 61728

Estimated Value: $105,000 - $168,000

2 Beds
1 Bath
2,016 Sq Ft
$66/Sq Ft Est. Value

About This Home

This home is located at 306 Terra Ln, Colfax, IL 61728 and is currently estimated at $133,474, approximately $66 per square foot. 306 Terra Ln is a home located in McLean County with nearby schools including Ridgeview Elementary School and Ridgeview High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2018
Sold by
Wilson Jerry L and Wilson Cynthia K
Bought by
Wilson Jerry L and Wilson Cynthia K
Current Estimated Value
$133,474

Purchase Details

Closed on
Jun 8, 2009
Sold by
National City Bank
Bought by
Wilson Jerry L and Wilson Cynthia K

Purchase Details

Closed on
Oct 8, 2008
Sold by
Williamson Richard Lee and Williamson Richard L
Bought by
National City Bank

Purchase Details

Closed on
Jun 9, 2006
Sold by
Fincham Michael H
Bought by
Williamson Richard Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,400
Interest Rate
6.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 14, 2005
Sold by
Winterland Louise
Bought by
Fincham Michael H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$57,600
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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Average Value
Not Available
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
Wilson Jerry L -- Attorney
Wilson Jerry L $42,000 Central Illinois Title
National City Bank $51,850 None Available
Williamson Richard Lee $72,000 None Available
Fincham Michael H $72,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Williamson Richard Lee $71,400
Previous Owner Fincham Michael H $57,600
Source: Public Records

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 $2,962 $38,527 $3,788 $34,739
2022 $2,962 $31,421 $3,090 $28,331
2021 $2,795 $29,730 $2,924 $26,806
2020 $2,749 $29,087 $2,861 $26,226
2019 $2,750 $29,087 $2,861 $26,226
2018 $2,581 $28,169 $2,771 $25,398
2017 $2,406 $27,482 $2,703 $24,779
2016 $2,359 $27,159 $2,671 $24,488
2015 $2,406 $27,770 $2,731 $25,039
2014 $2,315 $27,566 $2,711 $24,855
2013 -- $29,136 $2,865 $26,271
Source: Public Records

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