NOT LISTED FOR SALE

1812 N Federal Dr Unit 1 Urbana, IL 61801

King Park Neighborhood

Estimated Value: $1,235,699

-- Bed
-- Bath
-- Sq Ft
1.5 Acres

About This Home

This home is located at 1812 N Federal Dr Unit 1, Urbana, IL 61801 and is currently estimated at $1,235,699. 1812 N Federal Dr Unit 1 is a home located in Champaign County with nearby schools including M.L. King Jr. Elementary School, Urbana Middle School, and Urbana High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 28, 2022
Sold by
Illini Rental Properties Llc - Series 1
Bought by
1812 Federal Llc
Current Estimated Value
$1,235,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,000
Outstanding Balance
$258,211
Interest Rate
3.69%
Mortgage Type
Construction
Estimated Equity
$977,488

Purchase Details

Closed on
Dec 15, 2017
Sold by
Apgar Investmnets 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
$740,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 1, 2017
Sold by
Des 2007 Llc
Bought by
Apgar Investment Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$740,000
Interest Rate
3.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 2, 2007
Sold by
Smith Dennis E
Bought by
Des 2007 Llc

Purchase Details

Closed on
Jul 20, 1995
Sold by
Sls Of Champaign County Inc
Bought by
Smith Dennis E
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
1812 Federal Llc $960,000 None Listed On Document
Illini Rental Properties Llc $925,000 Attorney
Apgar Investment Llc $500,000 Attorney
Des 2007 Llc -- None Available
Smith Dennis E $50,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 1812 Federal Llc $808,000
Previous Owner Illini Rental Properties Llc $740,000
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 $36,844 $379,580 $72,110 $307,470
2023 $36,844 $346,330 $65,790 $280,540
2022 $34,523 $318,900 $60,580 $258,320
2021 $32,087 $297,210 $56,460 $240,750
2020 $31,044 $288,560 $54,820 $233,740
2019 $26,691 $255,360 $48,510 $206,850
2018 $26,572 $257,160 $48,850 $208,310
2017 $25,347 $237,120 $45,040 $192,080
2016 $25,208 $237,120 $45,040 $192,080
2015 $25,482 $237,120 $45,040 $192,080
2014 $25,137 $237,120 $45,040 $192,080
2013 $24,807 $237,120 $45,040 $192,080
Source: Public Records

Map

Illinois Champaign County Urbana 61801 King Park

1812 N Federal Dr Unit 1, Urbana, IL

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