NOT LISTED FOR SALE

507 Corey Ln Champaign, IL 61822

Estimated Value: $241,000 - $268,000

3 Beds
2 Baths
1,465 Sq Ft
$173/Sq Ft Est. Value

Last Sold October 14, 2016

Last sale price $142,500 $97 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $1,674/month

7 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 October 2016

Are you looking for your very first home to call yours or maybe you are looking to downsize? This three bedroom ranch in Ashland Park would be great. Open floorplan with soaring cathedral ceiling, eat-in kitchen with full height maple cabinets. Master bedroom with walk-in closet and private bath. Great location; close to shopping, dining, bus line and Toalson Park. Call today!

Last Agent to Sell the Property

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 08/22/2016

Last Buyer's Agent

Matt Difanis

RE/MAX REALTY ASSOCIATES-CHA License #471020468

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Year Built

  • 2005

Lot Details

  • 5,358

HOA Fees

  • $3 per month

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • 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

  • $1,500 Seller Concession

Home Details

Home Type

Single Family

Year Built

2005

Lot Details

5,358 Sq Ft Lot

HOA Fees

$3 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1465
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 2005
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2005

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 1st Floor Bedroom
  • Living Room: Dimensions: 15.8, On Level: Main Level, Flooring: Carpet
  • Appliances: Dishwasher, Disposal, Oven/Range, Refrigerator
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14.1, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 17.11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: Walk In Closet
  • Master Bedroom: Dimensions: 14.4, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 10.8, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11.5, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1465
  • Estimated Total Finished Sq Ft: 1465
  • Main Level Sq Ft: 1465

Exterior Features

  • Exterior Building Type: 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: 40

Lot Info

  • Lot Dimensions: 51 X 103
  • Parcel Identification Number: 411436106005

Tax Info

  • Taxes: 3220

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 22, 2016
Closed on
Oct 14, 2016
Sold by
Lei Xinrong and Shahan Jason A
Bought by
Calundan Cristopher C and Calundan Monette C
Seller's Agent
Russ Taylor
Taylor Realty Associates
Buyer's Agent
Matt Difanis
RE/MAX REALTY ASSOCIATES-CHA
List Price
$142,000
Sold Price
$142,500
Premium/Discount to List
$500
0.35%
Current Estimated Value
$253,393

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,893
Avg. Annual Appreciation
6.35%
Original Mortgage
$123,600
Outstanding Balance
$97,726
Interest Rate
3.37%
Mortgage Type
New Conventional
Estimated Equity
$155,667

Purchase Details

Closed on
Feb 27, 2013
Sold by
Garg Sanjay and Garg Poonam
Bought by
Lei Xinrong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,800
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2005
Sold by
Atkins Clinton C
Bought by
Garg Sanjay and Garg Poonam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,144
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Calundan Cristopher C $142,500 None Available
Lei Xinrong $126,000 None Available
Garg Sanjay $141,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Calundan Cristopher C $123,600
Previous Owner Lei Xinrong $100,800
Previous Owner Garg Sanjay $113,144
Closed Garg Sanjay $28,286
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2016 10/14/16 Sold $142,500 +0.4% $97 / Sq Ft
08/29/2016 08/29/16 Pending -- -- --
08/22/2016 08/22/16 For Sale $142,000 -- $97 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $4,428 $60,500 $14,160 $46,340
2023 $4,428 $55,100 $12,900 $42,200
2022 $4,122 $50,830 $11,900 $38,930
2021 $4,013 $49,840 $11,670 $38,170
2020 $3,887 $48,390 $11,330 $37,060
2019 $3,751 $47,400 $11,100 $36,300
2018 $3,659 $46,660 $10,930 $35,730
2017 $3,586 $45,690 $10,700 $34,990
2016 $3,205 $44,750 $10,480 $34,270
2015 $3,220 $43,950 $10,290 $33,660
2014 $3,193 $43,950 $10,290 $33,660
2013 $3,164 $43,950 $10,290 $33,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09439807

Midwest Real Estate Data (MRED)

APN: 41-14-36-106-005

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