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1116 West William Street

1116 West William Street, Champaign, IL 61821
Property in Clark
1116 West William Street has been categorized by the local assessors in Champaign, IL as a residential type of property. The building on the property was first built in 1928 and is 96 years old. Residents will have access to one full bathroom. There are 2 partial bathrooms in the home. The building has a total of 2 stories. The area measurement of the land has been determined as 6,590 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a detached garage for those who require parking. The garage measured 468 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as good. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of stucco. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1116 West William Street sold most recently in Jul 17, 2017 for a total of $265,000. If you work out the math, that's approximately a cost of $196.01 per sqft. Before that, the property was also sold for $256,000 in Jul 2, 2008. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,825 in taxes each year. 1116 West William Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $82,620. If we break it down further, the land itself was valued at $20,460. Improvements to the property, however, were assessed at a total of $62,160. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. 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!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20170709
07/09/2017
4 Bed
2 Bath
1940 ft²
$272,000
bedrooms
4 Bed
bathrooms
2 Bath
square feet
1940 ft²
$265,000 -2.57%
07/26/2017
Edna Carter

Building Info

Overview

    General

  • Year Built: 1928
  • Effective Year Built: 1928
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: C
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 468
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,590
  • Total Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHAMBER OF COMMERCE ADD
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 138 CHAMBER OF COMMERCE ADD

Ownership

  • Current Owner : PARK MINSOO
  • Current Owner 2: KIM ERIN
  • Previous Owner : JACOBY JOANN
  • Previous Owner 2: TAYLOR STEVEN J
  • Owner Before Previous Owner: FREYMAN WILLIAM C
  • Owner Before Previous Owner 2: FREYMAN SARAH A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001100

Geography

  • District: 04
  • Parcel: 43-20-14-254-008
  • Lot: 138
  • Meridian: SEC 14 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1076
  • Longitude: -88.2645

    Address

  • Full Address: 1116 W William St
  • Address - House Number: 1116
  • Street Direction: W
  • Address - Street Name: William
  • Address - Suffix Type: St
  • State: IL
  • City Name: Champaign
  • Carrier Code: C022
  • 4-Digit Zip Code: 4507
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,825
  • Tax Rate Code Area: 4302

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 347,913
  • High Value: 419,155
  • Low Value: 276,671

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: ILLINOIS NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jul 26, 2017
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Aug 01, 2032

    Market Valuation

  • Market Total Value: $247,860
  • Market Land Value: $61,380
  • Market Improvement Value: $186,480

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $82,620
  • Assessed Land Value: $20,460
  • Assessed Improvements Value: $62,160

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 17, 2017
  • Current Sale Recording Date: Jul 26, 2017
  • Current Sale Transaction ID: 1731862115
  • Current Sale Price: $265,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2017R13769
  • Previous Sale Recording Date: Jul 07, 2008
  • Previous Sale Contract Date: Jul 02, 2008
  • Previous Sale Amount: $256,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ILLINOIS NATIONAL BANK
  • First Mortgage Transaction Date: Jul 26, 2017
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: HEARTLAND BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jul 07, 2008
  • Previous Mortgage Loan Amount: $204,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2038

About Clark



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1116 West William Street located in?
The 1116 West William Street is a located in the neighborhood of Clark in Clark, Champaign.
What is the average sales price for listings in 1116 West William Street?
The average sales price for units in 1116 West William Street is $272,000 , or $140/sqft. currently.

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