NOT LISTED FOR SALE

5008 Abbey Fields Dr Champaign, IL 61822

Estimated Value: $531,000 - $669,000

0.2 Acre
$2,838,300 Price per Acre
8,712 Sq Ft Lot

Last Sold March 04, 2022

Last sale price $75,000

Est. 657% increase in value since last sale

Current estimated payment $3,319/month

131 Days on Market

About This Lot

As of March 2022

Looking to build your dream home in a luxurious subdivision in Champaign? This is the perfect subdivision for you! The Jacob's Landing subdivision is situated in close proximity to the amenities and job opportunities that the CU community offers. Jacob's Landing is zoned for single-family homes, hosts paved pathways for walking and biking, and has a community fishing pond. Enjoy a Champaign address while being within the Mahomet-Seymour school district, and right next door to the future site of Judah Christian Elementary-12th grade school complex. Jacob's Landing also offers easy access to the new Carle at the Fields, interstates, and shopping and dining centers. Jacob's Landing is now available to the builder of your choice. Do not hesitate to secure your lot!

Last Agent to Sell the Property

Barbara Gallivan

KELLER WILLIAMS-TREC License #475126516 Listed on: 09/16/2021

KELLER WILLIAMS-TREC

Last Buyer's Agent

Jenny Snodsmith

Realty Select One License #475169231

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,563

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 95.59x120x53.36x120
  • Waterfront
  • Property is zoned SINGL

Schools

  • Mahomet Elementary School
  • Mahomet Junior High School
  • Mahomet-Seymour High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • Jacob's Landing Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$3,563

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Platted, Single Family
  • Road Surface Type: Concrete
  • Subdivision Name: Jacob's Landing
  • General Information: School Bus Service
  • Legal Description: LOT 122 JACOBS LANDING SUB
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Possible Use: Single Family
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • List Price: 75000
  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site

Schools

  • Elementary School: Mahomet Elementary School
  • High School: Mahomet-Seymour High School
  • Middle/Junior School: Mahomet Junior High School
  • Middle/Junior School District: 3

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 95.59X120X53.36X120
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Subdivision Lot Number: 122
  • Land Amenities: Pond/Lake,Sidewalks
  • Land Description: Pond/Lake

Rental Info

  • Board Number: 22
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 26.82
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2023
Sold by
Signature Construction Inc
Bought by
Freres William B and Freres Karen M
Current Estimated Value
$567,660

Purchase Details

Closed on
Nov 7, 2022
Sold by
Freres William B and Freres Karen M
Bought by
Signature Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,685
Interest Rate
7.08%
Mortgage Type
Construction

Purchase Details

Listed on
Sep 16, 2021
Closed on
Feb 28, 2022
Sold by
Champaign Homes-Helmuth Llc
Bought by
Freres William B and Freres Karen M
Seller's Agent
Barbara Gallivan
KELLER WILLIAMS-TREC
Buyer's Agent
Jenny Snodsmith
Realty Select One
List Price
$75,000
Sold Price
$75,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
75.73%
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
Freres William B $433,500 --
Signature Construction Inc -- --
Freres William B $75,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Signature Construction Inc $376,685
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/04/2022 03/04/22 Sold $75,000 0.0% --
01/26/2022 01/26/22 Pending -- -- --
09/16/2021 09/16/21 For Sale $75,000 -1.6% --
06/29/2018 06/29/18 Sold $76,230 0.0% -- View Prior Sale
10/27/2017 10/27/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $76,230 0.0% --
01/19/2017 01/19/17 Pending -- -- --
12/31/2016 12/31/16 For Sale $76,230 -- --
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 $3,563 $147,110 $27,440 $119,670
2023 $3,563 $41,250 $24,990 $16,260
2022 $28 $320 $320 $0
2021 $27 $310 $310 $0
2020 $27 $310 $310 $0
2019 $26 $300 $300 $0
2018 $26 $300 $300 $0
2017 $26 $300 $300 $0
2016 $24 $290 $290 $0
2015 $23 $280 $280 $0
2014 $23 $280 $280 $0
2013 $23 $280 $280 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11220243

Midwest Real Estate Data (MRED)

APN: 44-20-17-358-010