NOT LISTED FOR SALE

406 W Michigan Ave Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $409,000 - $455,000

-- Bed
3 Baths
1,363 Sq Ft
$314/Sq Ft Est. Value

About This Home

This home is located at 406 W Michigan Ave, Urbana, IL 61801 and is currently estimated at $428,130, approximately $314 per square foot. 406 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
Oct 12, 2016
Sold by
Billman Jane G
Bought by
Gentry Lowell E and Gentry Laura F
Current Estimated Value
$428,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,500
Outstanding Balance
$114,118
Interest Rate
2.77%
Mortgage Type
New Conventional
Estimated Equity
$287,107

Purchase Details

Closed on
May 23, 2012
Sold by
Gray Theodore W
Bought by
Billman Jane G

Purchase Details

Closed on
Nov 10, 2009
Sold by
Golding Ido and Sokac Anna M
Bought by
Gray Theodore W and Billman Jane G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2007
Sold by
Schehr Lawrence R
Bought by
Golding Ido and Sokac Anna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.2%
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

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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
Gentry Lowell E $295,000 None Available
Billman Jane G -- None Available
Gray Theodore W $297,500 None Available
Golding Ido $267,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gentry Lowell E $235,500
Previous Owner Gray Theodore W $238,000
Previous Owner Golding Ido $180,000
Previous Owner Schehr Lawrence R $85,700
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 $11,824 $128,410 $30,690 $97,720
2023 $11,824 $117,160 $28,000 $89,160
2022 $11,028 $107,880 $25,780 $82,100
2021 $10,206 $100,540 $24,030 $76,510
2020 $9,854 $97,610 $23,330 $74,280
2019 $9,409 $97,610 $23,330 $74,280
2018 $9,370 $96,700 $23,490 $73,210
2017 $9,694 $98,290 $23,490 $74,800
2016 $10,413 $105,560 $22,590 $82,970
2015 $5,076 $105,560 $22,590 $82,970
2014 $10,014 $100,460 $21,830 $78,630
2013 $10,096 $102,500 $22,270 $80,230
Source: Public Records

Map

Illinois Champaign County Urbana 61801 West Urbana

406 W Michigan Ave, Urbana, IL

This home is located at 406 W Michigan Ave, Urbana, IL 61801 and is currently estimated at $428,130, approximately $314 per square foot. 406 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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