NOT LISTED FOR SALE

3920 Hospitality Ln Decatur, IL 62521

3.79 Acres
-- Price per Acre
165,092 Sq Ft Lot

Last Sold March 15, 2019

Last sale price $125,000

37 Days on Market

About This Lot

As of March 2019

Commercial lot at the corner of Brush College Rd and Hospitality Ln. All utilities available, within corporate limits of the City of Decatur. This lot may also be affected by the Macon County Beltway Project. aerial is attached.

Last Agent to Sell the Property

Tim Vieweg

Vieweg RE/Better Homes & Gardens Real Estate-Service First License #471018186 Listed on: 11/06/2018

Vieweg RE/Better Homes & Gardens Real Estate-Service First

Last Buyer's Agent

Kathy York

Glenda Williamson Realty License #475129205

Property Details

Property Type

  • Land

Lot Details

  • 3.79 Acre Lot
  • Property fronts an interstate
  • Property is zoned M-1

Listing and Financial Details

  • Assessor Parcel Number 18-08-29-100-013

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Directions: On the corner of N. Brush College Rd and E. Hospitality Ln
  • Lot Size Acres: 3.79
  • Property Sub Type: Multi Family
  • Prop. Type: Land
  • Road Surface Type: Asphalt
  • Road Frontage Type: Interstate
  • Property Sub Type Additional: Multi Family
  • Special Features: None

Exterior Features

  • Waterfront: No

Utilities

  • Water Source: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Other, Water Available

Condo/Co-op/Association

  • Community Features: Street Lights

Schools

  • Junior High Dist: Argenta Oreana Dist 1

Lot Info

  • Lot Size Sq Ft: 165300.0
  • Parcel #: 18-08-29-100-013
  • Zoning: M-1
  • ResoLotSizeUnits: Acres

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 7778.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 12, 2021
Sold by
Snmp Hospitality Inc
Bought by
Singh Brothers Hotel Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
2.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2008
Sold by
Central Illinois Hotel Group Llc
Bought by
Gunatit Hospitality Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Interest Rate
6.1%
Mortgage Type
Future Advance Clause Open End Mortgage
Source: Public Records

Range of Values:

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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
Singh Brothers Hotel Llc -- None Listed On Document
Singh Brothers Hotel Llc -- None Listed On Document
Gunatit Hospitality Inc $1,600,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Singh Brothers Hotel Llc $0
Previous Owner Snmp Hospitality Inc $2,500,000
Previous Owner Snmp Hospitality Inc $3,000,000
Previous Owner Snmp Hospitality Inc $2,343,500
Previous Owner Gunatit Hospitality Inc $1,800,000
Closed Singh Brothers Hotel Llc $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $125,000 -33.9% --
12/14/2018 12/14/18 Pending -- -- --
11/06/2018 11/06/18 For Sale $189,121 -- --
Source: Central Illinois Board of REALTORS®

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 $51,581 $635,584 $64,870 $570,714
2023 $48,334 $576,285 $58,818 $517,467
2022 $47,431 $537,474 $54,856 $482,618
2021 $45,723 $500,000 $51,032 $448,968
2020 $49,994 $539,979 $48,988 $490,991
2019 $49,994 $539,979 $48,988 $490,991
2018 $50,403 $545,323 $49,473 $495,850
2017 $49,727 $536,471 $48,670 $487,801
2016 $50,580 $537,600 $48,772 $488,828
2015 $50,370 $544,500 $48,385 $496,115
2014 $47,916 $544,500 $48,385 $496,115
2013 $48,094 $544,500 $48,385 $496,115
Source: Public Records

Agents Affiliated with this Home

  • Tim Vieweg

    Seller's Agent in 2019

    Tim Vieweg

    Vieweg RE/Better Homes & Gardens Real Estate-Service First

    (217) 454-4037

    528 Total Sales

    Tim Vieweg
    Section Image

  • K

    Buyer's Agent in 2019

    Kathy York

    Glenda Williamson Realty

    (217) 855-0725

    85 Total Sales

    Kathy York
    Section Image
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: 6184758

APN: 18-08-29-100-011

Illinois Macon County Decatur 62521

3920 Hospitality Ln, Decatur, IL

This home is located at 3920 Hospitality Ln, Decatur, IL 62521 since 06 November 2018. 3920 Hospitality Ln is a home located in Macon County with nearby schools including Argenta-Oreana Elementary School, Argenta Oreana High School, and Argenta-Oreana Middle School.

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