NOT LISTED FOR SALE

1505 E Marc Trail Urbana, IL 61802

Estimated Value: $249,000 - $329,000

-- Bed
3 Baths
980 Sq Ft
$289/Sq Ft Est. Value

About This Home

This home is located at 1505 E Marc Trail, Urbana, IL 61802 and is currently estimated at $283,519, approximately $289 per square foot. 1505 E Marc Trail 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
Jan 20, 2004
Sold by
Rasche Homes Inc
Bought by
Borich Peter T and May Borich Carrie A
Current Estimated Value
$283,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2003
Sold by
First Busey Trust & Investment Co
Bought by
Rasche Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,863
Interest Rate
6.44%
Mortgage Type
Construction
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
Borich Peter T $178,500 --
Rasche Homes Inc $39,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borich Peter T $117,855
Closed Borich Peter T $126,000
Closed Borich Peter T $130,000
Previous Owner Rasche Homes Inc $144,863
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 $7,529 $84,050 $17,630 $66,420
2023 $7,529 $76,690 $16,090 $60,600
2022 $7,004 $70,620 $14,820 $55,800
2021 $6,467 $65,810 $13,810 $52,000
2020 $6,239 $63,900 $13,410 $50,490
2019 $6,061 $63,900 $13,410 $50,490
2018 $6,038 $64,350 $13,500 $50,850
2017 $6,246 $64,350 $13,500 $50,850
2016 $6,077 $63,080 $13,230 $49,850
2015 $5,883 $63,080 $13,230 $49,850
2014 $5,804 $60,650 $12,720 $47,930
2013 $5,718 $60,650 $12,720 $47,930
Source: Public Records

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