NOT LISTED FOR SALE

402 W Michigan Ave Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $289,000 - $310,000

-- Bed
2 Baths
1,110 Sq Ft
$270/Sq Ft Est. Value

About This Home

This home is located at 402 W Michigan Ave, Urbana, IL 61801 and is currently estimated at $299,864, approximately $270 per square foot. 402 W Michigan Ave is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 28, 2013
Sold by
Cain Timothy Reese and Cain Karen Prosser
Bought by
Shosted Ryan K
Current Estimated Value
$299,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Outstanding Balance
$64,424
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$224,529

Purchase Details

Closed on
Mar 13, 2006
Sold by
Rundell Julie A H and Rundell Andrea L
Bought by
Cain Timothy Reese and Cain Karen Prosser

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,800
Interest Rate
6.38%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 3, 2003
Sold by
Rosenstein Jay M and Hug Gail L
Bought by
Rundell Julie A H and Rundell Andrea

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,900
Interest Rate
5.97%
Mortgage Type
Purchase Money Mortgage
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
Shosted Ryan K $175,000 None Available
Cain Timothy Reese $173,000 None Available
Rundell Julie A H $155,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shosted Ryan K $90,000
Previous Owner Cain Timothy Reese $20,800
Previous Owner Cain Timothy Reese $138,300
Previous Owner Rundell Julie A H $114,900
Previous Owner Rosenstein Jay M $76,900
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 $7,144 $80,190 $30,690 $49,500
2023 $7,144 $73,160 $28,000 $45,160
2022 $6,642 $67,360 $25,780 $41,580
2021 $6,129 $62,780 $24,030 $38,750
2020 $5,911 $60,950 $23,330 $37,620
2019 $5,742 $60,950 $23,330 $37,620
2018 $5,721 $61,380 $23,490 $37,890
2017 $5,919 $61,380 $23,490 $37,890
2016 $5,635 $59,020 $22,590 $36,430
2015 $5,484 $59,020 $22,590 $36,430
2014 $5,410 $57,030 $21,830 $35,200
2013 $5,460 $58,190 $22,270 $35,920
Source: Public Records

Map

Illinois Champaign County Urbana 61801 West Urbana

402 W Michigan Ave, Urbana, IL

This home is located at 402 W Michigan Ave, Urbana, IL 61801 and is currently estimated at $299,864, approximately $270 per square foot. 402 W Michigan Ave is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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