NOT LISTED FOR SALE

2408 High View Ct Champaign, IL 61822

Parkland Ridge Neighborhood

Estimated Value: $5,068,000

196 Beds
36 Baths
-- Sq Ft
0.51 Acres

Last Sold September 12, 2023

Last sale price $5,225,000

Est. 3% decrease in value since last sale

Current estimated payment $31,229/month

Highlights

  • Courtyard
  • Heating System Mounted To A Wall or Window
  • 3-minute walk to Dodds Park
  • Centennial High School Rated A-

About This Home

As of September 2023

Sold before print

Last Listed By

Kacia Snyder

Jameson Sotheby's Intl Realty License #475178708 Listed on: 08/25/2023

Jameson Sotheby's Intl Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $121,364

Year Built

  • Built in 1987

Lot Details

  • 0.51

Bedrooms and Bathrooms

  • 196 Bedrooms
  • 36 Bathrooms

Additional Features

  • 3-Story Property
  • Courtyard
  • Additional Parcels
  • Heating System Mounted To A Wall or Window

Community Details

  • 84 Units
  • Gross Income $630,000

Listing and Financial Details

  • Tenant pays for electricity, heat

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$121,364

Year Built

Built in 1987

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Current Use: Multi-Family
  • Property Sub-Type: Courtyard
  • Stories: 3
  • Year Built: 1987
  • Built Before 1978 (Y/N): No
  • Information: None
  • Estimated Age: 26-35 Years
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Total Bathrooms: 36
  • Total Bedrooms: 196
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 5499000

Utilities

  • Heat/Ventilation: Electric,Wall Unit

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: Yes
  • Lot Dimensions: 4.59 ACRES
  • Zoning: MULTI

Rental Info

  • Tenant Pays: Electricity, Heat
  • Board Number: 8

Multi Family

  • GrossIncome: 630000
  • NumberOfUnitsTotal: 84
  • Type Multi-Family: Courtyard

Tax Info

  • Tax Annual Amount: 121364
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 25, 2023
Closed on
Sep 8, 2023
Sold by
Tuscany Cove Llc
Bought by
Tuscany Cove 1Ngestors Llc
Seller's Agent
Kacia Snyder
Jameson Sotheby's Intl Realty
Buyer's Agent
Marco Cesario
Jameson Commercial
List Price
$5,499,000
Sold Price
$5,225,000
Premium/Discount to List
-$274,000
-4.98%
Total Days on Market
0
Views
3
Current Estimated Value
$5,068,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$157,000
Original Mortgage
$3,762,000
Outstanding Balance
$3,699,049
Interest Rate
6.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2003
Sold by
Johnson Kenneth E and Johnson Betty J
Bought by
Tuscany Cove Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5%
Mortgage Type
Seller Take Back

Range of Values:

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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
Tuscany Cove 1Ngestors Llc $5,225,000 None Listed On Document
Tuscany Cove Llc $3,489,000 Allied Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tuscany Cove 1Ngestors Llc $3,762,000
Previous Owner Tuscany Cove Llc $240,000
Previous Owner Tuscany Cove Llc $40,000
Previous Owner Tuscany Cove Llc $3,075,000
Previous Owner Tuscany Cove Llc $280,000
Previous Owner Tuscany Cove Llc $3,200,000
Previous Owner Tuscany Cove Llc $400,000
Previous Owner Tuscany Cove Llc $600,000
Closed Tuscany Cove Llc $2,900,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/12/2023 09/12/23 Sold $5,225,000 -5.0% --
08/25/2023 08/25/23 Pending -- -- --
08/25/2023 08/25/23 For Sale $5,499,000 -- --
Source: Midwest Real Estate Data (MRED)

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 $37,569 $457,430 $25,110 $432,320
2023 $37,569 $416,600 $22,870 $393,730
2022 $35,341 $384,320 $21,100 $363,220
2021 $32,541 $355,460 $19,520 $335,940
2020 $32,590 $355,460 $19,520 $335,940
2019 $31,543 $348,150 $19,120 $329,030
2018 $30,835 $342,670 $18,820 $323,850
2017 $30,964 $342,670 $18,820 $323,850
2016 $27,761 $335,620 $18,430 $317,190
2015 $27,973 $329,680 $18,100 $311,580
2014 $27,734 $329,680 $18,100 $311,580
2013 $27,485 $329,680 $18,100 $311,580
Source: Public Records

Agents Affiliated with this Home

  • Kacia Snyder

    Seller's Agent in 2023

    Kacia Snyder

    Jameson Sotheby's Intl Realty

    (217) 493-5291

    1 in this area

    83 Total Sales

    Kacia Snyder
    Section Image
  • Marco Cesario

    Buyer's Agent in 2023

    Marco Cesario

    Jameson Commercial

    (312) 315-7173

    1 in this area

    12 Total Sales

    Marco Cesario
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11869631

Midwest Real Estate Data (MRED)

APN: 41-20-10-131-026

Illinois Champaign County Champaign 61821 Parkland Ridge

2408 High View Ct, Champaign, IL

Homes for Sale in Champaign, IL

This home is located at 2408 High View Ct, Champaign, IL 61822 since 25 August 2023 and is currently priced at $5,068,000. This property was built in 1987. 2408 High View Ct is a home located in Champaign County with nearby schools including Centennial High School, Judah Christian School, and Swann Special Care Center-Elem/Secondary School.

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