NOT LISTED FOR SALE

1308 Laurel Dr Urbana, IL 61801

Fairlawn Park Neighborhood

Estimated Value: $73,000 - $133,000

2 Beds
1 Bath
747 Sq Ft
$143/Sq Ft Est. Value

About This Home

This home is located at 1308 Laurel Dr, Urbana, IL 61801 and is currently estimated at $106,667, approximately $142 per square foot. 1308 Laurel Dr is a home located in Champaign County with nearby schools including Wiley Elementary School, Urbana Middle School, and Urbana High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 19, 2021
Sold by
The Thomas E Burgin Ii Trust
Bought by
Laurel Rentals Llc
Current Estimated Value
$106,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$182,017
Interest Rate
2.73%
Mortgage Type
Commercial
Estimated Equity
-$72,017

Purchase Details

Closed on
Dec 17, 2020
Sold by
Thomas E Burgin Ii Trust and Burgin Thomas E
Bought by
Laurel Rentals Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
2.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2020
Sold by
Burgin Thomas E
Bought by
The Thomas E Burgin Ii Trust

Purchase Details

Closed on
Jul 29, 2010
Sold by
Armstrong Management Of Champaign Llc
Bought by
Burgin Ii Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,000
Interest Rate
4.81%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Jul 1, 2004
Sold by
Armstrong Management Inc
Bought by
Armstrong Management Of Champaign Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Interest Rate
6.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Laurel Rentals Llc $475,000 Attorney
Laurel Rentals Llc $475,000 None Listed On Document
The Thomas E Burgin Ii Trust -- Attorney
Burgin Ii Thomas E $370,000 None Available
Armstrong Management Of Champaign Llc -- --
Armstrong Management Inc $1,962,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laurel Rentals Llc $105,602
Open Laurel Rentals Llc $700,000
Previous Owner Laurel Rentals Llc $700,000
Previous Owner Burgin Ii Thomas E $295,000
Previous Owner Armstrong Management Of Champaign Llc $60,346
Previous Owner Armstrong Management Of Champaign Llc $80,350
Previous Owner Armstrong Management Inc $1,600,000
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 $1,909 $19,670 $11,810 $7,860
2023 $1,909 $17,950 $10,780 $7,170
2022 $1,789 $16,530 $9,930 $6,600
2021 $1,015 $15,400 $9,250 $6,150
2020 $963 $14,950 $8,980 $5,970
2019 $935 $14,950 $8,980 $5,970
2018 $935 $15,050 $9,040 $6,010
2017 $967 $15,050 $9,040 $6,010
2016 $962 $15,050 $9,040 $6,010
2015 $973 $15,050 $9,040 $6,010
2014 $959 $15,050 $9,040 $6,010
2013 $947 $15,050 $9,040 $6,010
Source: Public Records

Map

Illinois Champaign County Urbana 61801 Fairlawn Park

1308 Laurel Dr, Urbana, IL

This home is located at 1308 Laurel Dr, Urbana, IL 61801 and is currently estimated at $106,667, approximately $142 per square foot. 1308 Laurel Dr is a home located in Champaign County with nearby schools including Wiley Elementary School, Urbana Middle School, and Urbana High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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