NOT LISTED FOR SALE

702 W Town Center Blvd Champaign, IL 61822

Estimated Value: $1,440,816

-- Bed
-- Bath
-- Sq Ft
1 Acres

About This Home

This home is located at 702 W Town Center Blvd, Champaign, IL 61822 and is currently estimated at $1,440,816. 702 W Town Center Blvd is a home located in Champaign County with nearby schools including Central High School, Judah Christian School, and Franklin STEAM Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Sachi Real Estate Llc
Bought by
Laxmi Corporation
Current Estimated Value
$1,440,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,800,000
Outstanding Balance
$1,431,803
Interest Rate
6.66%
Mortgage Type
New Conventional
Estimated Equity
$47,637

Purchase Details

Closed on
Aug 21, 2012
Sold by
R K A Properties Of Illinois Llc
Bought by
Pride Restaurants Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.65%

Purchase Details

Closed on
Sep 16, 2005
Sold by
Brbs Champaign Real Estate Llc
Bought by
R K A Properties Of Illinois Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,375,000
Interest Rate
5.93%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 14, 2004
Sold by
Central Illinois Ribs Inc
Bought by
Brbs Champaign Real Estate Llc

Home Financials for this Owner

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

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

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Laxmi Corporation $1,344,000 None Listed On Document
Sachi Real Estate Llc $1,368,000 None Listed On Document
Pride Restaurants Llc $731,500 None Available
R K A Properties Of Illinois Llc $1,763,000 --
Brbs Champaign Real Estate Llc $1,000,000 Central Illinois Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Laxmi Corporation $1,800,000
Previous Owner Pride Restaurents Llc $0
Previous Owner R K A Properties Of Illinois Llc $1,375,000
Previous Owner Brbs Champaign Real Estate Llc $1,000,000
Closed R K A Properties Of Illinois Llc $235,000
Closed Pride Restaurants Llc $0
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 $43,388 $528,280 $383,430 $144,850
2023 $43,388 $481,130 $349,210 $131,920
2022 $40,816 $443,850 $322,150 $121,700
2021 $37,580 $410,510 $297,950 $112,560
2020 $37,638 $410,510 $297,950 $112,560
2019 $36,428 $402,060 $291,820 $110,240
2018 $35,609 $395,720 $287,220 $108,500
2017 $35,757 $395,720 $287,220 $108,500
2016 $32,059 $387,580 $281,310 $106,270
2015 $32,305 $380,730 $276,340 $104,390
2014 $32,029 $380,730 $276,340 $104,390
2013 $31,741 $380,730 $276,340 $104,390
Source: Public Records

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