NOT LISTED FOR SALE

507 N Prospect Ave Champaign, IL 61820

Champaign Area

Estimated Value: $48,000 - $229,000

0.19 Acre
$728,947 Price per Acre
8,276 Sq Ft Lot

Sale Details

Date Sold: November 12, 2018

Last sale price $17,500

Est. 691% increase in value since last sale

Current estimated payment $800 / mo

68 Days on Market

About This Lot

As of November 2018

Build your dream home on this rare city lot that has never been built on before! You could build on a double lot; the corner lot next door (901 W Columbia Ave) is also for sale. Not far from West Side Park, Spalding Park and the booming downtown where you will enjoy dining and shopping.

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 08/24/2018

Last Buyer's Agent

Creg McDonald

Realty Select One License #471008296

Property Details

Property Type

  • Land

Location

  • Property is near bus stop

Property Details

Property Type

Land

Listing Details

  • Property Type: Land
  • General Information: Commuter Bus
  • Ownership: Fee Simple
  • Potential Use: Residential-Single Family
  • Utilities To Site: Electric Nearby, Gas Nearby, Sanitary Sewer Nearby, Water to Site
  • Zoning Type: SINGL
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Road Surface: Concrete

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Acreage: 0.19
  • Frontage Access: City Street
  • Front Footage: 62.5

Schools

  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 62.5 X 132
  • Parcel Identification Number: 412011285014

Tax Info

  • Taxes: 466.24

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 14, 2022
Sold by
Bought by
Current Estimated Value
$138,500

Purchase Details

Listed on
Aug 24, 2018
Closed on
Nov 9, 2018
Sold by
Bought by
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Creg McDonald
Realty Select One
List Price
$25,000
Sold Price
$17,500
Premium/Discount to List
-$7,500
-30%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
30.96%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- --
$17,500 Attorney
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
11/12/2018 11/12/18 Sold $17,500 -30.0% --
10/31/2018 10/31/18 Pending -- -- --
08/24/2018 08/24/18 For Sale $25,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $623 $7,900 $7,900
2024 $578 $7,040 $7,040
2023 $578 $6,410 $6,410 $0
2022 $543 $5,910 $5,910 $0
2021 $530 $5,790 $5,790 $0
2020 $511 $5,570 $5,570 $0
2019 $495 $5,460 $5,460 $0
2018 $483 $5,370 $5,370 $0
2017 $466 $5,160 $5,160 $0
2016 $418 $5,050 $5,050 $0
2015 $421 $4,960 $4,960 $0
2014 $417 $4,960 $4,960 $0
2013 $414 $4,960 $4,960 $0
Source: Public Records

Agents Affiliated with this Home

  • Nick Taylor

    Seller's Agent in 2018

    Nick Taylor

    Taylor Realty Associates

    (217) 377-4353

    667 Total Sales

    Nick Taylor
    Section Image
  • Creg McDonald

    Buyer's Agent in 2018

    Creg McDonald

    Realty Select One

    (217) 493-8341

    714 Total Sales

    Creg McDonald
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10062133

Midwest Real Estate Data (MRED)

APN: 41-20-11-285-014

Illinois Champaign County Champaign 61820

507 N Prospect Ave, Champaign, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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