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1012 Frank Drive

1012 Frank Drive, Champaign, IL 61821
House in Hollycrest
Sold May 01, 2019
$117,000
$93,600 by Illinois National Bank
Mortgage Due May 01, 2049
Sold Mar 13, 2012
$107,500
$110,080 by Summit Financial Llc
Mortgage Due Apr 01, 2042
Local assessors in Champaign, IL have categorized 1012 Frank Drive as a residential type of property. The home was built in 1966 and is 58 years old. The property's lot size has been calculated to be 7,133 square feet. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 351 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has a unknown so you'll have a great option in the front of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of materials that we aren't sure of. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. Residents rely on air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Apr 24, 2019 for $117,000. That's $76.67 per sqft. Prior to that sales transaction, the property was also sold in Mar 7, 2012 for $107,500. 1012 Frank Drive was last assessed in 2022. The total value of the property was assessed at $39,380. Specifically, the land the property is located on was valued at $9,830. While improvements on the property were assessed at a total of $29,550. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $3,070. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Brick Exterior
Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 351
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,133
  • Total Building Area: 1,526
  • Building Area: 1,526
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: STONEGATE 1
  • Land Acres: 0.164
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 26 STONEGATE 1

Ownership

  • Current Owner : THOMSON RYAN
  • Current Owner 2: THOMSON SARA
  • Previous Owner : ARNOLD JOHN CHARLES
  • Previous Owner 2: ARNOLD KRISTINE MARIE
  • Owner Before Previous Owner: BRANDT KEVIN B
  • Owner Before Previous Owner 2: BRANDT STACY A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001201

Geography

  • District: 04
  • Parcel: 44-20-15-428-004
  • Lot: 26
  • Meridian: SEC 15 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.105
  • Longitude: -88.2787

    Address

  • Full Address: 1012 Frank Dr
  • Address - House Number: 1012
  • Address - Street Name: Frank
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C042
  • 4-Digit Zip Code: 4232
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,070
  • Tax Rate Code Area: 4402

    Appraisal Valuation

  • Standard Deviation: 0.2559
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 165,606
  • High Value: 207,998
  • Low Value: 123,215

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $105,300
  • First Open Lien Mortgage Lender: ILLINOIS NATIONAL BANK
  • First Open Lien Mortgage Recording Date: May 01, 2019
  • First Open Lien Mortgage Loan Amount: $93,600
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2049
  • Second Open Lien Mortgage Lender: ILLINOIS NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: Jun 04, 2019
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $11,700
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: May 15, 2039

    Market Valuation

  • Market Total Value: $118,140
  • Market Land Value: $29,490
  • Market Improvement Value: $88,650

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,380
  • Assessed Land Value: $9,830
  • Assessed Improvements Value: $29,550

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 24, 2019
  • Current Sale Recording Date: May 01, 2019
  • Current Sale Transaction ID: 11603408752
  • Current Sale Price: $117,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R06086
  • Previous Sale Recording Date: Mar 13, 2012
  • Previous Sale Contract Date: Mar 07, 2012
  • Previous Sale Amount: $107,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ILLINOIS NATIONAL BANK
  • First Mortgage Transaction Date: May 01, 2019
  • First Mortgage Loan Amount: $93,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2049

    Previous Mortgages

  • Previous Mortgage Lender: SUMMIT FINANCIAL LLC
  • Previous Mortgage Transaction Date: Mar 13, 2012
  • Previous Mortgage Loan Amount: $110,080
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: VA
  • Previous Mortgage Loan Due Date: Apr 01, 2042

About Hollycrest



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Frequently Asked Questions

What neighborhood is 1012 Frank Drive located in?
The 1012 Frank Drive is a house located in the neighborhood of Hollycrest in Hollycrest, Champaign.
What is the average sales price for listings in 1012 Frank Drive?
The average sales price for units in 1012 Frank Drive is $0 currently.

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