NOT LISTED FOR SALE

702 Western Ave Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $222,000 - $259,000

1 Bed
1 Bath
468 Sq Ft
$514/Sq Ft Est. Value

About This Home

This home is located at 702 Western Ave, Urbana, IL 61801 and is currently estimated at $240,500, approximately $513 per square foot. 702 Western 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
Mar 21, 2025
Sold by
702 West Western Avenue Llc
Bought by
Latham Solutions Llc
Current Estimated Value
$240,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Outstanding Balance
$179,771
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$105,729
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

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
Latham Solutions Llc $225,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Latham Solutions Llc $180,000
Previous Owner 702 West Western Avenue Llc $112,000
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 $8,720 $89,850 $26,450 $63,400
2023 $8,720 $81,980 $24,130 $57,850
2022 $8,171 $75,490 $22,220 $53,270
2021 $7,595 $70,360 $20,710 $49,650
2020 $7,066 $65,690 $19,340 $46,350
2019 $6,865 $65,690 $19,340 $46,350
2018 $5,743 $55,590 $16,370 $39,220
2017 $5,941 $55,590 $16,370 $39,220
2016 $5,909 $55,590 $16,370 $39,220
2015 $5,689 $55,590 $16,370 $39,220
2014 $5,612 $52,940 $15,590 $37,350
2013 $5,539 $52,940 $15,590 $37,350
Source: Public Records

Map

Illinois Champaign County Urbana 61801 West Urbana

702 Western Ave, Urbana, IL

This home is located at 702 Western Ave, Urbana, IL 61801 and is currently estimated at $240,500, approximately $513 per square foot. 702 Western 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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