NOT LISTED FOR SALE

1010 W Springfield Ave Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $532,000

-- Bed
-- Bath
-- Sq Ft
0.45 Acres

About This Home

This home is located at 1010 W Springfield Ave, Urbana, IL 61801 and is currently priced at $532,000. 1010 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
$532,000

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
Source: Public Records

Range of Values:

Collateral Analytics

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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

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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 $76,908 $792,430 $203,940 $588,490
2023 $76,908 $723,020 $186,080 $536,940
2022 $72,062 $665,760 $171,340 $494,420
2021 $70,503 $653,110 $168,080 $485,030
2020 $68,205 $634,080 $163,180 $470,900
2019 $70,077 $670,590 $163,180 $507,410
2018 $58,623 $567,450 $138,080 $429,370
2017 $60,647 $567,450 $138,080 $429,370
2016 $60,313 $567,450 $138,080 $429,370
2015 $58,076 $567,450 $138,080 $429,370
2014 $57,290 $540,420 $131,500 $408,920
2013 $56,539 $540,420 $131,500 $408,920
Source: Public Records

Map

Illinois Champaign County Urbana 61801 West Urbana

1010 W Springfield Ave, Urbana, IL

This home is located at 1010 W Springfield Ave, Urbana, IL 61801 and is currently priced at $532,000. 1010 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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