NOT LISTED FOR SALE

506 W Griggs St Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $715,000

-- Bed
-- Bath
-- Sq Ft
10,149 Sq Ft Lot

About This Home

This home is located at 506 W Griggs St, Urbana, IL 61801 and is currently estimated at $715,000. 506 W Griggs St 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
Jun 7, 2022
Sold by
Trust Number Bct-123
Bought by
Saunders Holdings Llc
Current Estimated Value
$715,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,273,204
Outstanding Balance
$593,239
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$52,761

Purchase Details

Closed on
Jun 12, 2019
Sold by
University Edge Investments Llc
Bought by
Bankchampaign Na

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$11,287,500
Interest Rate
4%
Mortgage Type
Construction
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

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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
Saunders Holdings Llc -- Aeilts Rick W
Bankchampaign Na $2,575,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Saunders Holdings Llc $1,273,204
Previous Owner Bankchampaign Na $11,287,500
Previous Owner University Edge Investments Llc $3,044,000
Previous Owner University Edge Investments Llc $472,000
Previous Owner Saunders Christopher R $590,000
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 $16,433 $169,320 $25,220 $144,100
2023 $16,433 $154,490 $23,010 $131,480
2022 $15,398 $142,260 $21,190 $121,070
2021 $15,065 $139,560 $20,790 $118,770
2020 $14,574 $135,490 $20,180 $115,310
2019 $15,194 $145,400 $20,180 $125,220
2018 $12,710 $123,030 $17,070 $105,960
2017 $13,149 $123,030 $17,070 $105,960
2016 $13,077 $123,030 $17,070 $105,960
2015 $12,592 $123,030 $17,070 $105,960
2014 $12,421 $117,170 $16,260 $100,910
2013 $12,258 $117,170 $16,260 $100,910
Source: Public Records

Map

Illinois Champaign County Urbana 61801 West Urbana

506 W Griggs St, Urbana, IL

This home is located at 506 W Griggs St, Urbana, IL 61801 and is currently estimated at $715,000. 506 W Griggs St 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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