406 E Cumberland Rd Altamont, IL 62411
Studio
--
Bath
3,984
Sq Ft
105,415
Sq Ft
About This Home
This home is located at 406 E Cumberland Rd, Altamont, IL 62411. 406 E Cumberland Rd is a home located in Effingham County with nearby schools including Altamont Grade School, Altamont High School, and Altamont Lutheran Interparish School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 5, 2018
Sold by
New Directions Housing Corp
Bought by
Altamont Sernior Residences Lp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,215,182
Outstanding Balance
$1,059,807
Interest Rate
4.6%
Mortgage Type
Future Advance Clause Open End Mortgage
Purchase Details
Closed on
Jan 26, 2018
Sold by
Hli Llc
Bought by
New Directions Housing Corporation
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,000,000
Interest Rate
7%
Mortgage Type
Credit Line Revolving
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Altamont Sernior Residences Lp | -- | Title Services Inc | |
| New Directions Housing Corporation | $225,000 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Altamont Sernior Residences Lp | $1,215,182 | |
| Previous Owner | New Directions Housing Corporation | $2,000,000 |
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 | $7,923 | $115,600 | $19,410 | $96,190 |
| 2023 | $8,043 | $115,600 | $19,410 | $96,190 |
| 2022 | $7,492 | $104,150 | $17,490 | $86,660 |
| 2021 | $7,247 | $104,150 | $17,490 | $86,660 |
| 2020 | $7,120 | $103,530 | $17,390 | $86,140 |
| 2019 | $1,153 | $16,720 | $16,720 | $0 |
| 2018 | $2,599 | $36,790 | $16,080 | $20,710 |
| 2017 | $2,515 | $35,550 | $15,540 | $20,010 |
| 2016 | $2,494 | $34,860 | $15,240 | $19,620 |
| 2015 | -- | $32,890 | $14,380 | $18,510 |
| 2014 | -- | $32,250 | $14,100 | $18,150 |
| 2013 | -- | $32,250 | $14,100 | $18,150 |
| 2012 | -- | $32,250 | $14,100 | $18,150 |
Source: Public Records
Map
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