3314 Memory Ln Urbana, IL 61802
Southeast Urbana NeighborhoodEstimated Value: $337,679 - $409,000
--
Bed
3
Baths
1,901
Sq Ft
$198/Sq Ft
Est. Value
About This Home
This home is located at 3314 Memory Ln, Urbana, IL 61802 and is currently estimated at $375,920, approximately $197 per square foot. 3314 Memory Ln 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
Nov 16, 2015
Sold by
Smith Robert L and Smith Cassandra K
Bought by
Smith Robert L
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,950
Outstanding Balance
$168,204
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$207,716
Purchase Details
Closed on
Oct 13, 2006
Sold by
Ironwood Builders Inc
Bought by
Smith Robert L and Smith Cassandra K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,650
Interest Rate
10.3%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 2006
Sold by
First Busey Trust & Investment Co
Bought by
Ironwood Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,500
Interest Rate
6.83%
Mortgage Type
Construction
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Smith Robert L | -- | First American Title Co | |
| Smith Robert L | $235,000 | None Available | |
| Ironwood Builders Inc | $41,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Smith Robert L | $208,950 | |
| Closed | Smith Robert L | $194,650 | |
| Previous Owner | Ironwood Builders Inc | $199,500 |
Source: Public Records
Tax History Compared to Growth
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 | $8,842 | $103,050 | $17,630 | $85,420 |
| 2023 | $8,842 | $94,030 | $16,090 | $77,940 |
| 2022 | $8,192 | $86,590 | $14,820 | $71,770 |
| 2021 | $7,535 | $80,700 | $13,810 | $66,890 |
| 2020 | $7,255 | $78,350 | $13,410 | $64,940 |
| 2019 | $7,048 | $78,350 | $13,410 | $64,940 |
| 2018 | $7,025 | $78,900 | $13,500 | $65,400 |
| 2017 | $7,563 | $78,900 | $13,500 | $65,400 |
| 2016 | $6,848 | $77,350 | $13,230 | $64,120 |
| 2015 | $6,609 | $77,350 | $13,230 | $64,120 |
| 2014 | $6,520 | $74,370 | $12,720 | $61,650 |
| 2013 | $6,935 | $74,370 | $12,720 | $61,650 |
Source: Public Records
Map
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