NOT LISTED FOR SALE

309 W Springfield Ave Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated Value: $1,021,000

25 Beds
15 Baths
-- Sq Ft
9,148 Sq Ft Lot

Last Sold May 31, 2018

Last sale price $821,000

Est. 24% increase in value since last sale

Current estimated payment $6,668/month

About This Home

As of May 2018

SOLD AT LIST! 309 & 311 W Springfield & 404 S Prairie, C

Last Agent to Sell the Property

Brian Hannon

Taylor Realty Associates License #471019689 Listed on: 05/31/2018

Last Buyer's Agent

Brian Hannon

Taylor Realty Associates License #471019689 Listed on: 05/31/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,564

Year Built

  • 1966

Lot Details

  • 9,148

Listing and Financial Details

  • Tenant pays for varies by tenant

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,564

Year Built

1966

Lot Details

0

Listing Details

  • Property Type: Multi Family 5+
  • Built Before 1978 (Y/N): Yes
  • Current Use: Residential-Multi-Family
  • Ownership Type: Limited Liability Corp
  • Potential Use: Residential-Multi-Family
  • Zoning Type: MULTI
  • Estimated Age: Older
  • Outdoor Parking: 13-18 Spaces
  • Number Of Stories: 2
  • Estimated Year Built: 1966
  • Type Multi Family: Corridor-Exterior Entrance
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2
  • Year Built: 1966

Exterior Features

  • Acreage: 0.21
  • Frontage Access: City Street

Garage/Parking

  • Number Of Parking Spaces: 15

Utilities

  • Heatventilation: Forced Air

Condo/Co-op/Association

  • Units in Building: 15

Lot Info

  • Lot Dimensions: 132 X 140.26
  • Parcel Identification Number: 432013201001

Rental Info

  • Tenant Pays: Varies by Tenant

Tax Info

  • Taxes: 17318.4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 31, 2018
Closed on
May 31, 2018
Sold by
Faron Properties Llc
Bought by
Moisson Property Managment Llc Series311
Seller's Agent
Brian Hannon
Taylor Realty Associates
Buyer's Agent
Brian Hannon
Taylor Realty Associates
List Price
$821,000
Sold Price
$821,000
Total Days on Market
0
Current Estimated Value
$1,021,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,000
Avg. Annual Appreciation
3.19%
Original Mortgage
$656,800
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
May 9, 2003
Sold by
Saathoff Jacob J and Wurmnest Glenn E
Bought by
Faron 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
$384,000
Interest Rate
5.24%
Mortgage Type
Commercial
Source: Public Records

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
Moisson Property Managment Llc Series311 $821,000 American Coast Title
Faron Properties Llc $480,000 Allied Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Moisson Property Managment Llc Series311 $656,800
Previous Owner Faron Properties Llc $384,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $821,000 0.0% --
05/31/2018 05/31/18 Pending -- -- --
05/31/2018 05/31/18 For Sale $821,000 -- --
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 $11,564 $140,790 $21,450 $119,340
2023 $11,564 $128,230 $19,540 $108,690
2022 $10,879 $118,300 $18,030 $100,270
2021 $10,017 $109,420 $16,680 $92,740
2020 $10,032 $109,420 $16,680 $92,740
2019 $9,710 $107,170 $16,340 $90,830
2018 $9,492 $105,480 $16,080 $89,400
2017 $9,531 $105,480 $16,080 $89,400
2016 $8,545 $103,310 $15,750 $87,560
2015 $8,611 $101,480 $15,470 $86,010
2014 $8,537 $101,480 $15,470 $86,010
2013 $8,460 $101,480 $15,470 $86,010
Source: Public Records

Agents Affiliated with this Home

  • Brian Hannon

    Seller's Agent in 2018

    Brian Hannon

    Taylor Realty Associates

    (217) 202-0920

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09971991

Midwest Real Estate Data (MRED)

APN: 43-20-13-201-001

Illinois Champaign County Champaign 61820 Downtown Champaign

309 W Springfield Ave, Champaign, IL

This home is located at 309 W Springfield Ave, Champaign, IL 61820 since 31 May 2018 and is currently estimated at $1,021,000. This property was built in 1966. 309 W Springfield Ave is a home located in Champaign County with nearby schools including Central High School and Holy Cross Elementary School.

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