701 Phaeton Pl, Normal, IL 61761 Property Records

McLean County property record for 701 Phaeton Pl, Normal, IL 61761 · Last verified April 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bedrooms3 Beds
Bathrooms2 Baths
Year BuiltBuilt 1991
Square Footage1,216 sqft Living Area
Lot Size7,683 sqft (0.176 acres)
OccupancyOwner Occupied
Last Sale$238,000 (2022)
Tax Bill$4,954.00 (2024)

Property Details

APN / Parcel Number

Primary APN14-22-129-005

Interior

Bedrooms3 Beds
Full Baths2 Baths
Total Rooms6 Rooms
Building Area1,216 sqft Living Area
1st Floor1,216 sqft 1st Floor
Basement Area572 sqft Basement
FireplaceFireplace
Fireplaces1 Fireplaces

Exterior

Year BuiltBuilt 1991
Effective Year BuiltEffective 1991
Exterior MaterialAluminum/Vinyl Exterior
Roof MaterialAsphalt Roof
Lot Area7,683 sqft (0.176 acres)
Depth X Width110 ft x 70 ft Depth x Width
Garage Area572 sqft Garage
Patio Area120 sqft Patio

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemForced Air with Air Conditioning Heating
Heating FuelGas Heating Fuel

Location & Zoning

Street Address701 PHAETON PL
CityNORMAL
StateIL
Zip61761-4809
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionCARRIAGE HILLS SUB LOT 10
Legal Range02E
Legal Township24N
Legal Section22
Legal SubdivisionCARRIAGE HILLS
Legal Lot Number10
JurisdictionMCLEAN IL
Minor Civil DivisionNORMAL
Census Blockgroup2
Census Block2015
Census Tract109

Owner

Source: McLean County records · APN 14-22-129-005

Assessment roll updated April 8, 2026 · Last verified April 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of RecordIndividual Name on File
Mailing Address701 PHAETON PL, NORMAL, IL 61761-4809
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity

Deeds, Mortgages & Sale History

DateDocument
Aug 11, 2022Warranty Deed, Transfer · Conventional Mortgage
FLAGSTAR BANK FSB
Apr 20, 2021Deed of Trust, Mortgage · Veterans Administration Mortgage
PENNYMAC LOAN SERVICES LLC
Nov 09, 2017Warranty Deed, Transfer · Veterans Administration Mortgage
FLANAGAN STATE BANK

Assessor's Deed Record

Deed NamesVerified Name on Deed
Known Transactions
  • Last Sale Amount on Aug 11, 2022
  • Deed Sale Price on Aug 11, 2022
  • Prior Sale Amount on Nov 09, 2017
Deed Doc Number202214231
Record RefreshedJun 08, 2026

August 2022: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateAug 11, 2022
Property Address701 PHAETON PL, NORMAL, IL 61761-4809
Document Number202200014231
Map ReferenceDOC 86-22840
Instrument DateAug 01, 2022
Instrument2022-00014231
Transaction TypeTransfer
Record UpdatedAug 19, 2022
Title CompanyMCLEAN COUNTY TITLE

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$238.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
Address701 PHAETON PL, NORMAL, IL 61761-4809

Mortgage

Document Number202200014232
DateAug 11, 2022
Instrument2022-00014232
Lender
NameFLAGSTAR BANK FSB
TypeBank
Agreement
TypeConventional Mortgage
AmountAmount Recorded
Term361 Months
DueSep 01, 2052
Interest
Rate TypeFixed Rate
Rate4.99%

April 2021: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionMCLEAN IL
Property Address701 PHAETON PL, NORMAL, IL 61761-4809
Transaction TypeMortgage
Record UpdatedApr 30, 2021

Transferred To (Grantee/Buyer)

NameVerified Name

Mortgage

Document Number202100009083
DateApr 20, 2021
Instrument2021-00009083
Lender
NamePENNYMAC LOAN SERVICES LLC
TypeMortgage Company
AddressWESTLAKE VILLAGE, CA 91361
Agreement
TypeVeterans Administration Mortgage
AmountAmount Recorded
Term361 Months
DueMay 01, 2051
Interest
Rate TypeFixed Rate
Rate2.12%

November 2017: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionMCLEAN IL
Recording DateNov 09, 2017
Property Address701 PHAETON PL, NORMAL, IL 61761-4809
Document Number201700020317
Map ReferenceMB86 PG22840
Instrument DateOct 31, 2017
Instrument2017-00020317
Transaction TypeTransfer
Record UpdatedFeb 28, 2022
Title CompanyMCLEAN COUNTY TITLE

Transaction

AmountAmount Recorded
Loan-to-Value (LTV)LTV on Record
Tax$297.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name
Address00000

Transferred To (Grantee/Buyer)

NameVerified Name
Address701 PHAETON PL, NORMAL, IL 61761-4809

Mortgage

Document Number201700020318
DateNov 09, 2017
Instrument2017-00020318
Lender
NameFLANAGAN STATE BANK
TypeBank
Agreement
TypeVeterans Administration Mortgage
AmountAmount Recorded
Term360 Months
DueNov 01, 2047

Tax Assessment & Valuation

Source: McLean County records · Assessment roll updated April 8, 2026 · Last verified April 2026

Property Jurisdictions

TypeName
StateIllinois
CountyMcLean County
County SubdivisionNormal Township
MunicipalityNormal Town
Unified School DistrictMcLean County Unit School District 5 (PK - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$73,146 (+21.89%) Land $13,936 Building $59,210$219,438 (+21.89%) Land $41,808 Building $177,630
2024$4,954.00 (+7.18%)
2023$4,622.00 (+6.72%)$60,011 (+10.69%) Land $11,434 Building $48,577$180,033 (+10.69%) Land $34,302 Building $145,731
2022$4,331.00$54,216 Land $10,330 Building $43,886$162,648 Land $30,990 Building $131,658

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