NOT LISTED FOR SALE

1004 W Springfield Ave Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $897,000

-- Bed
-- Bath
-- Sq Ft
6,578 Sq Ft Lot

About This Home

This home is located at 1004 W Springfield Ave, Urbana, IL 61801 and is currently estimated at $897,000. 1004 W Springfield Ave is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 10, 2024
Sold by
Bailey Phillip W and Bailey Janice K
Bought by
Bailey Apartments Llc
Current Estimated Value
$897,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,150,000
Outstanding Balance
$5,120,859
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
-$4,223,859
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
Bailey Apartments Llc -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bailey Apartments Llc $5,150,000
Previous Owner Bailey Phillip W $5,650,000
Previous Owner Bailey Phillip W $175,293
Previous Owner Bailey Phillip W $5,800,000
Previous Owner Bailey Phillip W $200,000
Previous Owner Bailey Phillip W $6,000,000
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 $18,781 $193,510 $68,000 $125,510
2023 $18,781 $176,560 $62,040 $114,520
2022 $17,598 $162,580 $57,130 $105,450
2021 $17,217 $159,490 $56,040 $103,450
2020 $16,657 $154,850 $54,410 $100,440
2019 $15,509 $148,410 $54,410 $94,000
2018 $12,974 $125,580 $46,040 $79,540
2017 $13,421 $125,580 $46,040 $79,540
2016 $13,348 $125,580 $46,040 $79,540
2015 $12,853 $125,580 $46,040 $79,540
2014 $12,679 $119,600 $43,850 $75,750
2013 $12,513 $119,600 $43,850 $75,750
Source: Public Records

Map

Illinois Champaign County Urbana 61801 West Urbana

1004 W Springfield Ave, Urbana, IL

This home is located at 1004 W Springfield Ave, Urbana, IL 61801 and is currently estimated at $897,000. 1004 W Springfield Ave is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

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