NOT LISTED FOR SALE

506 S Lincoln Ave Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $320,000 - $736,096

-- Bed
1 Bath
1,423 Sq Ft
$345/Sq Ft Est. Value

About This Home

This home is located at 506 S Lincoln Ave, Urbana, IL 61801 and is currently estimated at $491,365, approximately $345 per square foot. 506 S Lincoln Ave is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2017
Sold by
Sterling Management Llc
Bought by
Sterling Management L L C Lincoln Series
Current Estimated Value
$491,365

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,000
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 17, 2017
Sold by
Team Voigtalner Llc
Bought by
Sterling Mangemtn Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,000
Interest Rate
4%
Mortgage Type
Commercial
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.

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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

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.

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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
Sterling Management L L C Lincoln Series -- Attorney
Sterling Mangemtn Llc $500,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sterling Management Llc $316,578
Closed Sterling Management L L C $1,175,000
Previous Owner Team Voigtander Llc Commercial Ii $450,000
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 $10,216 $105,260 $30,400 $74,860
2023 $10,216 $96,040 $27,740 $68,300
2022 $9,572 $88,430 $25,540 $62,890
2021 $8,896 $82,410 $23,800 $58,610
2020 $8,275 $76,930 $22,220 $54,710
2019 $8,039 $76,930 $22,220 $54,710
2018 $8,004 $77,480 $22,380 $55,100
2017 $8,281 $77,480 $22,380 $55,100
2016 $8,235 $77,480 $22,380 $55,100
2015 $8,326 $77,480 $22,380 $55,100
2014 $8,214 $77,480 $22,380 $55,100
2013 $8,106 $77,480 $22,380 $55,100
Source: Public Records

Map

Illinois Champaign County Urbana 61801 West Urbana

506 S Lincoln Ave, Urbana, IL

This home is located at 506 S Lincoln Ave, Urbana, IL 61801 and is currently estimated at $491,365, approximately $345 per square foot. 506 S Lincoln Ave is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

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