NOT LISTED FOR SALE

1402 Laurel Dr Unit 1 Urbana, IL 61801

Fairlawn Park Neighborhood

Estimated Value: $74,000 - $112,000

2 Beds
1 Bath
796 Sq Ft
$113/Sq Ft Est. Value

About This Home

This home is located at 1402 Laurel Dr Unit 1, Urbana, IL 61801 and is currently estimated at $90,000, approximately $113 per square foot. 1402 Laurel Dr Unit 1 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
$90,000

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
-$87,684

Purchase Details

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

Purchase Details

Closed on
Feb 28, 2018
Sold by
Illini Management Llc
Bought by
Burgin Ii Thoams E

Purchase Details

Closed on
Jul 10, 2007
Sold by
Urbana Property Partners Llc
Bought by
Illini Rental Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2004
Sold by
Bankillinois Trust Co
Bought by
Urbana Property Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,156
Interest Rate
5.5%
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
The Thomas E Burgin Ii Trust -- Attorney
Burgin Ii Thoams E $83,500 Attorney
Illini Managemnent Llc $94,500 Attorney
Illini Rental Properties Llc $350,000 Chicago Title Insurance Co
Urbana Property Partners Llc $404,794 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laurel Rentals Llc $105,602
Open Laurel Rentals Llc $700,000
Previous Owner Illini Rental Properties Llc $280,000
Previous Owner Urbana Property Partners Llc $407,156
Closed Burgin Ii Thoams E $0
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 $1,762 $18,140 $11,810 $6,330
2023 $1,762 $16,560 $10,780 $5,780
2022 $1,651 $15,250 $9,930 $5,320
2021 $886 $14,210 $9,250 $4,960
2020 $839 $13,800 $8,980 $4,820
2019 $815 $13,800 $8,980 $4,820
2018 $815 $13,890 $9,040 $4,850
2017 $1,133 $16,600 $9,040 $7,560
2016 $1,127 $16,600 $9,040 $7,560
2015 $1,139 $16,600 $9,040 $7,560
2014 $1,124 $16,600 $9,040 $7,560
2013 $1,109 $16,600 $9,040 $7,560
Source: Public Records

Map

Illinois Champaign County Urbana 61801 Fairlawn Park

1402 Laurel Dr Unit 1, Urbana, IL

This home is located at 1402 Laurel Dr Unit 1, Urbana, IL 61801 and is currently estimated at $90,000, approximately $113 per square foot. 1402 Laurel Dr Unit 1 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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