NOT LISTED FOR SALE

502 Corey Ln Champaign, IL 61822

Estimated Value: $253,000 - $271,235

4 Beds
3 Baths
1,640 Sq Ft
$158/Sq Ft Est. Value

Last Sold June 30, 2020

Last sale price $175,000 $107 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,841/month

1 Day on Market

Highlights

  • Vaulted Ceiling
  • Traditional Architecture
  • Attached Garage
  • Central High School Rated A
  • Main Floor Bedroom
  • Walk-In Closet

About This Home

As of June 2020

Located at the corner of popular Ashland Park Subdivision, the house offers 4 bedrooms with 3 full bathrooms. A spacious living room has cathedral ceilings; range hood in the kitchen vents outside; first-floor master suite offers a large walk-in closet and private bath. The first-floor front bedroom features french doors and would make a great office space. The upper level is complete with two additional bedrooms and a full bath. Close to shopping center, park and highway. Must see!

Last Agent to Sell the Property

Sherry Qiang

KELLER WILLIAMS-TREC License #475156936 Listed on: 05/22/2020

KELLER WILLIAMS-TREC

Last Buyer's Agent

Deanna Williams

Coldwell Banker R.E. Group License #475132479

Coldwell Banker R.E. Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,916

Year Built

  • 2005

Lot Details

  • 5,227

HOA Fees

  • $5 per month

Parking

  • Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System

Additional Features

  • Vaulted Ceiling
  • Patio
  • Southern Exposure
  • Property is near a bus stop

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,916

Year Built

2005

Lot Details

0

HOA Fees

$5 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Bus
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 1640
  • Style Of House: Traditional
  • Type Detached: 1.5 Story
  • Estimated Year Built: 2005
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 1640
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Walk-In Closet(s)
  • Number Of Rooms: 7
  • Living Room: Dimensions: 20X15, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Slab
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 10X8, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 10X10, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11X13, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 9X9, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 1640
  • Estimated Total Finished Sq Ft: 1640
  • Main Level Sq Ft: 1210
  • Upper Level Sq Ft: 430
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: S (South)
  • Acreage: 0.12

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Forced Air, Heat Pump

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Special Assessments: U
  • Assessment Association Fees: 60

Schools

  • School District: 4
  • Elementary School: Unit 4 Of Choice
  • Middle School: Champaign/Middle Call Unit 4 351
  • High School: Central High School
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 52X103
  • Parcel Identification Number: 411436105042

Tax Info

  • Taxes: 4172

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2020
Closed on
Jun 18, 2020
Sold by
Zhou Ruisong and Yang Fang
Bought by
Kaur Maninder and Singh Kranti Deepak
Seller's Agent
Sherry Qiang
KELLER WILLIAMS-TREC
Buyer's Agent
Deanna Williams
Coldwell Banker R.E. Group
List Price
$172,990
Sold Price
$175,000
Premium/Discount to List
$2,010
1.16%
Current Estimated Value
$258,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,309
Avg. Annual Appreciation
7.11%
Original Mortgage
$157,500
Outstanding Balance
$140,949
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$106,408

Purchase Details

Closed on
Jun 10, 2013
Sold by
Illinois Ohio Properties Llc
Bought by
Carlson Chad Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
3.34%
Mortgage Type
VA

Purchase Details

Closed on
Mar 11, 2010
Sold by
Awadzi Gerald
Bought by
Illinois Ohio Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,223
Interest Rate
4.96%
Mortgage Type
Unknown

Purchase Details

Closed on
Nov 14, 2005
Sold by
Atkins Clinton C
Bought by
Awadzi Gerald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,800
Interest Rate
6.04%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Kaur Maninder $175,000 Act
Carlson Chad Eric $143,500 None Available
Illinois Ohio Properties Llc $148,500 None Available
Awadzi Gerald $157,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaur Maninder $157,500
Previous Owner Zhou Ruisong $118,017
Previous Owner Zhou Ruisong $120,400
Previous Owner Carlson Chad E $42,782
Previous Owner Carlson Chad Eric $135,850
Previous Owner Carlson Chad E $10,000
Previous Owner Illinois Ohio Properties Llc $146,223
Previous Owner Awadzi Gerald $120,000
Previous Owner Awadzi Gerald $124,800
Previous Owner Izard Tim $50,373
Closed Awadzi Gerald $15,581
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2020 06/30/20 Sold $175,000 +1.2% $107 / Sq Ft
05/23/2020 05/23/20 Pending -- -- --
05/22/2020 05/22/20 For Sale $172,990 +14.9% $105 / Sq Ft
07/30/2015 07/30/15 Sold $150,500 -2.9% $93 / Sq Ft
06/28/2015 06/28/15 Pending -- -- --
06/06/2015 06/06/15 For Sale $155,000 -- $96 / Sq Ft
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 $4,916 $66,440 $15,190 $51,250
2023 $4,916 $60,510 $13,830 $46,680
2022 $4,581 $55,820 $12,760 $43,060
2021 $4,461 $54,730 $12,510 $42,220
2020 $4,322 $53,140 $12,150 $40,990
2019 $4,172 $52,050 $11,900 $40,150
2018 $4,070 $51,230 $11,710 $39,520
2017 $3,992 $50,180 $11,470 $38,710
2016 $3,568 $49,140 $11,230 $37,910
2015 $3,587 $48,270 $11,030 $37,240
2014 $3,556 $48,270 $11,030 $37,240
2013 $4,024 $48,270 $11,030 $37,240
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10723342

Midwest Real Estate Data (MRED)

APN: 41-14-36-105-042