NOT LISTED FOR SALE

505 E Springfield Ave Champaign, IL 61820

Campustown Neighborhood

Estimated Value: $285,000

-- Bed
1 Bath
897 Sq Ft
$318/Sq Ft Est. Value

About This Home

This home is located at 505 E Springfield Ave, Champaign, IL 61820 and is currently estimated at $285,000, approximately $317 per square foot. 505 E Springfield Ave is a home located in Champaign County with nearby schools including Central High School, Canaan Academy, and Kingswood School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 27, 2019
Sold by
Dcb Mansions Llc
Bought by
501 S Sixth Project Owner Llc
Current Estimated Value
$285,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,735,000
Outstanding Balance
$3,334,670
Interest Rate
4%
Mortgage Type
Commercial
Estimated Equity
-$3,049,670

Purchase Details

Closed on
Mar 9, 2011
Sold by
Easley Darlene A and Estate Of Ruth Baker Clancy
Bought by
Dcb Mansions Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
4.85%
Mortgage Type
Construction
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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

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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
501 S Sixth Project Owner Llc $11,665,000 Attorney
Dcb Mansions Llc $150,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 501 S Sixth Project Owner Llc $7,735,000
Previous Owner Dcb Mansions Llc $560,000
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 $7,789 $94,830 $94,830 --
2023 $7,789 $86,370 $86,370 $0
2022 $7,327 $79,680 $79,680 $0
2021 $6,747 $73,700 $73,700 $0
2020 $6,435 $70,190 $70,190 $0
2019 $6,229 $68,750 $68,750 $0
2018 $6,089 $67,670 $67,670 $0
2017 $6,115 $67,670 $67,670 $0
2016 $5,482 $66,280 $66,280 $0
2015 $1,505 $65,110 $65,110 $0
2014 $1,492 $17,740 $17,740 $0
2013 $1,479 $17,740 $17,740 $0
Source: Public Records

Map

Illinois Champaign County Champaign 61820 Campustown

505 E Springfield Ave, Champaign, IL

Not Listed for Sale

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