NOT LISTED FOR SALE

1502 E Florida Ave Urbana, IL 61802

East Urbana Neighborhood

Estimated Value: $10,021,142

Studio
-- Bath
-- Sq Ft
2.56 Acres

About This Home

This home is located at 1502 E Florida Ave, Urbana, IL 61802 and is currently estimated at $10,021,142. 1502 E Florida Ave is a home located in Champaign County with nearby schools including Thomas Paine Elementary School, Urbana Middle School, and Urbana High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2006
Sold by
Chicago Title Land Trust Co
Bought by
Floridaurbana Lp
Current Estimated Value
$10,021,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,660,000
Outstanding Balance
$3,375,026
Interest Rate
6.73%
Mortgage Type
Commercial
Estimated Equity
$6,646,116
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Floridaurbana Lp $6,200,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Floridaurbana Lp $5,660,000
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 $168,275 $1,563,410 $142,460 $1,420,950
2023 $168,275 $1,581,980 $129,980 $1,452,000
2022 $182,606 $1,687,050 $119,690 $1,567,360
2021 $179,710 $1,664,770 $117,420 $1,547,350
2020 $173,857 $1,616,280 $114,000 $1,502,280
2019 $168,115 $1,608,760 $114,000 $1,494,760
2018 $146,122 $1,414,400 $96,460 $1,317,940
2017 $151,165 $1,414,400 $96,460 $1,317,940
2016 $150,334 $1,414,400 $96,460 $1,317,940
2015 $151,997 $1,414,400 $96,460 $1,317,940
2014 $149,942 $1,414,400 $96,460 $1,317,940
2013 $147,975 $1,414,400 $96,460 $1,317,940
Source: Public Records

Map

Illinois Champaign County Urbana 61802 East Urbana

1502 E Florida Ave, Urbana, IL

Not Listed for Sale

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