NOT LISTED FOR SALE

505 Corey Ln Champaign, IL 61822

Estimated Value: $221,000 - $238,000

3 Beds
2 Baths
1,420 Sq Ft
$164/Sq Ft Est. Value

Last Sold December 22, 2015

Last sale price $138,500 $98 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $1,616/month

133 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • Walk-In Closet
  • Central High School Rated A
  • Attached Garage
  • Breakfast Bar

About This Home

As of December 2015

This home is a three bedroom, two bath ranch, after a bedroom addition was added in 2013. Lovely laminate floors were installed 2 years ago in the foyer, great room and all the bedrooms. Extra insulation blown in. Heat pump with back up furnace that only runs on the coldest days. This is a very nice, well-maintained home.

Last Agent to Sell the Property

Kathleen Simmons

RE/MAX Choice License #471003827 Listed on: 06/29/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,959

Year Built

  • 2006

Lot Details

  • 5,358

HOA Fees

  • $3 per month

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Stone Siding
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Additional Features

  • Vaulted Ceiling
  • North or South Exposure
  • Patio
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • $3,500 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,959

Year Built

2006

Lot Details

0

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Disability Access: Yes
  • Age: 6-10 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1420
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 2006
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Interior Property Features: 1st Floor Bedroom, Vaulted/Cathedral Ceilings
  • Living Room: Dimensions: 20 X, On Level: Main Level, Flooring: Carpet
  • Appliances: Dishwasher, Disposal, Microwave
  • Equipment: TV-Cable
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 9.8 X, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 9 X 9, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Walk In Closet
  • Master Bedroom: Dimensions: 13 X, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 11 X, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 14 X, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1420
  • Estimated Total Finished Sq Ft: 1420
  • Main Level Sq Ft: 1420
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Stone, Vinyl Siding
  • Exterior Property Features: Patio
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Number Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Annual
  • Assessment Association Fees: 35

Schools

  • Elementary School: SOC
  • Middle School: CALL UNT 4 351-3701
  • High School: CENTRAL

Lot Info

  • Lot Dimensions: 51.9 X 103.5
  • Parcel Identification Number: 411436106004

Tax Info

  • Taxes: 2739

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2011
Sold by
Patel Jashvant P
Bought by
Patel Jashvant P and Patel Milka G
Current Estimated Value
$232,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,400
Interest Rate
4.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2006
Sold by
Atkins Clinton C
Bought by
Patel Jashvant P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,768
Interest Rate
6.42%
Mortgage Type
Fannie Mae Freddie Mac
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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

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.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Patel Jashvant P -- None Available
Patel Jashvant P $132,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frey Lorraine $133,292
Closed Patel Jashvant P $98,048
Closed Patel Jashvant P $98,400
Closed Patel Jashvant P $102,750
Closed Patel Jashvant P $105,768
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2015 12/22/15 Sold $138,500 -5.1% $98 / Sq Ft
11/09/2015 11/09/15 Pending -- -- --
06/29/2015 06/29/15 For Sale $146,000 -- $103 / 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 $3,959 $60,280 $14,550 $45,730
2023 $3,959 $54,900 $13,250 $41,650
2022 $3,645 $50,640 $12,220 $38,420
2021 $3,538 $49,650 $11,980 $37,670
2020 $3,411 $48,200 $11,630 $36,570
2019 $3,734 $47,210 $11,390 $35,820
2018 $3,642 $46,470 $11,210 $35,260
2017 $3,570 $45,510 $10,980 $34,530
2016 $2,759 $44,570 $10,750 $33,820
2015 $2,763 $43,780 $10,560 $33,220
2014 $2,739 $43,780 $10,560 $33,220
2013 $2,714 $43,780 $10,560 $33,220
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09424492

Midwest Real Estate Data (MRED)

APN: 41-14-36-106-004