NOT LISTED FOR SALE

5012 Abbey Fields Dr Champaign, IL 61822

Estimated Value: $650,000 - $1,000,982

0.22 Acre
$3,807,550 Price per Acre
9,583 Sq Ft Lot

Sale Details

Date Sold: October 27, 2021

Last sale price $75,000

Est. 1,017% increase in value since last sale

Current estimated payment $4,862 / mo

210 Days on Market

About This Lot

As of October 2021

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: 01/26/2021

KELLER WILLIAMS-TREC

Last Buyer's Agent

Mark Waldhoff

KELLER WILLIAMS-TREC License #475122749

KELLER WILLIAMS-TREC

Property Details

Property Type

  • Land

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • Property Type: Land
  • General Information: School Bus Service
  • Legal Description: LOT 124 JACOBS LANDING
  • Directions: Turn north off Kirby, Just east of Rising Road.
  • Road Frontage Type: City Street
  • Lot Size: 80X120
  • Ownership: Fee Simple
  • Road Surface Type: Concrete
  • Subdivision Name: Jacob's Landing
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No
  • Possible Use: Single Family

Exterior Features

  • Waterfront: Yes

Garage/Parking

  • Number of Cars: 0

Utilities

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

Schools

  • Junior High Dist: 3
  • Middle Or Junior School: Mahomet Junior High School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Subdivision Lot Number: 124
  • Land Amenities: Pond/Lake,Sidewalks
  • Land Description: Level,Pond/Lake
  • Current Use: Platted, Single Family
  • Zoning: SINGL

Rental Info

  • Board Number: 22
  • Rental Price: 0

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Exemptions: None
  • Tax Annual Amount: 26.82
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 12, 2025
Sold by
Jorstad Chip S and Jorstad Jennifer M
Bought by
Jennifer M Jorstad Trust and Jorstad
Current Estimated Value
$837,661

Purchase Details

Closed on
Apr 12, 2023
Sold by
Armstrong Builders Of Champaign Inc
Bought by
Jorstad Chip S and Jorstad Jennifer M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$687,918
Interest Rate
5.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2022
Sold by
Jorstad and Jorstad Jennifer
Bought by
Builder Armstrong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$558,200
Interest Rate
4.59%
Mortgage Type
Construction

Purchase Details

Listed on
Jan 26, 2021
Closed on
Oct 25, 2021
Sold by
Jacob S Landing Llc
Bought by
Jorstad Chip and Jorstad Jenniffer
Seller's Agent
Barbara Gallivan
KELLER WILLIAMS-TREC
Buyer's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
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
71.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jennifer M Jorstad Trust -- None Listed On Document
Jorstad Chip S $860,000 None Listed On Document
Builder Armstrong -- None Listed On Document
Jorstad Chip $75,000 Act
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jorstad Chip S $687,918
Previous Owner Builder Armstrong $558,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2021 10/27/21 Sold $75,000 0.0% --
08/24/2021 08/24/21 Pending -- -- --
02/20/2021 02/20/21 For Sale $75,000 0.0% --
01/26/2021 01/26/21 Pending -- -- --
01/26/2021 01/26/21 For Sale $75,000 -3.8% --
06/29/2018 06/29/18 Sold $77,962 0.0% -- View Prior Sale
10/27/2017 10/27/17 Pending -- -- --
12/31/2016 12/31/16 For Sale $77,962 -- --
Source: Midwest Real Estate Data (MRED)

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 $4,681 $278,490 $29,760 $248,730
2023 $4,681 $54,200 $27,100 $27,100
2022 $2,168 $25,000 $25,000 $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

  • Barbara Gallivan

    Seller's Agent in 2021

    Barbara Gallivan

    KELLER WILLIAMS-TREC

    (217) 202-5999

    549 Total Sales

    Barbara Gallivan
    Section Image
  • Mark Waldhoff

    Buyer's Agent in 2021

    Mark Waldhoff

    KELLER WILLIAMS-TREC

    (217) 714-3603

    744 Total Sales

    Mark Waldhoff
    Section Image
  • Peggy Holdren

    Seller's Agent in 2018

    Peggy Holdren

    Holdren & Associates, Inc.

    (217) 202-5121

    68 Total Sales

    Peggy Holdren
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10980153

Midwest Real Estate Data (MRED)

APN: 44-20-17-358-012

Illinois Champaign County Champaign 61822

5012 Abbey Fields Dr, Champaign, IL

Not Listed for Sale

Lots

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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Based on information submitted to the MLS GRID

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