NOT LISTED FOR SALE

Estimated Value: $696,545 - $791,000

5 Beds
5 Baths
3,919 Sq Ft
$187/Sq Ft Est. Value

About This Home

This home is located at 2703 Summerhill Ln, Champaign, IL 61822 and is currently estimated at $732,886, approximately $187 per square foot. 2703 Summerhill Ln is a home located in Champaign County with nearby schools including Central High School, Next Generation School, and Countryside School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2017
Sold by
Walker Nathan R and Walker Mary J
Bought by
Moraites Eleni M and Connor Jamie A L
Current Estimated Value
$732,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 29, 2011
Sold by
King Stuart C and King Teresa S
Bought by
Walker Nathan and Walker Mary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2005
Sold by
Chesser James C and Chesser Amy S
Bought by
King Stuart C and King Teresa S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.17%
Mortgage Type
Fannie Mae Freddie Mac
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
Moraites Eleni M $485,000 Attorney
Walker Nathan $490,000 None Available
King Stuart C $550,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moraites Eleni M $374,000
Closed Moraites Eleni M $379,000
Closed Moraites Eleni M $388,000
Previous Owner Walker Mary J $295,000
Previous Owner Walker Nathan $392,000
Previous Owner King Stuart C $149,618
Previous Owner King Stuart C $417,000
Previous Owner King Stuart C $440,000
Previous Owner Chesser Ii James C $316,000
Previous Owner Chesser Ii James C $219,000
Previous Owner Chesser Ii James C $65,000
Previous Owner Chesser Ii James C $65,000
Previous Owner Chesser Ii James C $322,000
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 $17,485 $219,480 $28,600 $190,880
2023 $17,485 $199,890 $26,050 $173,840
2022 $16,405 $184,400 $24,030 $160,370
2021 $16,001 $180,790 $23,560 $157,230
2020 $15,542 $175,520 $22,870 $152,650
2019 $15,032 $171,910 $22,400 $149,510
2018 $14,686 $169,210 $22,050 $147,160
2017 $14,159 $162,700 $21,200 $141,500
2016 $12,685 $159,350 $20,760 $138,590
2015 $12,772 $156,530 $20,390 $136,140
2014 $12,663 $156,530 $20,390 $136,140
2013 $12,549 $156,530 $20,390 $136,140
Source: Public Records

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