NOT LISTED FOR SALE

403 E Michigan Ave Urbana, IL 61801

Fairlawn Park Neighborhood

Estimated Value: $214,000 - $233,224

Studio
2 Baths
1,798 Sq Ft
$125/Sq Ft Est. Value

About This Home

This home is located at 403 E Michigan Ave, Urbana, IL 61801 and is currently estimated at $224,556, approximately $124 per square foot. 403 E Michigan Ave is a home located in Champaign County with nearby schools including Wiley Elementary School, Urbana Middle School, and Urbana High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2022
Sold by
Lawrence Ashley A
Bought by
Adkisson Brett
Current Estimated Value
$224,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,200
Outstanding Balance
$115,051
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$109,505

Purchase Details

Closed on
May 12, 2008
Sold by
Engel William C and Engel Barbara A
Bought by
Lawrence Ashley A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,019
Interest Rate
5.93%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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Quantarium

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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
Adkisson Brett $169,000 Murray Kate A
Lawrence Ashley A $142,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Adkisson Brett $135,200
Previous Owner Lawrence Ashley A $140,019
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
2025 $5,839 $59,890 $24,250 $35,640
2024 $5,494 $56,610 $22,920 $33,690
2023 $5,494 $51,650 $20,910 $30,740
2022 $4,498 $47,560 $19,250 $28,310
2021 $4,137 $44,320 $17,940 $26,380
2020 $3,983 $43,030 $17,420 $25,610
2019 $3,870 $43,030 $17,420 $25,610
2018 $3,857 $43,330 $17,540 $25,790
2017 $3,990 $43,330 $17,540 $25,790
2016 $3,968 $43,330 $17,540 $25,790
2015 $4,361 $46,580 $17,540 $29,040
2014 $4,302 $46,580 $17,540 $29,040
2013 $4,246 $46,580 $17,540 $29,040
Source: Public Records

Map

Illinois Champaign County Urbana 61801 Fairlawn Park

403 E Michigan Ave, Urbana, IL

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