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1307 Mayfair Road

1307 Mayfair Road, Champaign, IL 61821
Property in Mayfair
Sold Jul 07, 2021
$195,000
$156,000 by Marine Bank Springfield
Mortgage Due Jul 01, 2036
Sold Jul 07, 2017
$160,000
$100,000 by Illinois National Bank
Mortgage Due Aug 01, 2047
1307 Mayfair Road in Champaign, IL was first built in 1956 and is 68 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. In total, the area measurement of the land is 9,366 square feet.

Learn more about the property and building on this page. There is a unknown. The roof of the home is made of materials that we aren't sure of. For those who need parking, there is a garage. The garage is 420 sqft. There are a total of 2 available parking spaces. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of brick veneer. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1307 Mayfair Road was last sold in Jun 11, 2021 for $195,000. According to our calculations, that's $131.31 per sqft. Prior to that sales transaction, the property was sold for $160,000 in Jun 9, 2017. Current property owners are expected to pay $4,990 in taxes per year. The property on 1307 Mayfair Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $54,260. To break that down further, the land itself was valued at $16,860. While improvements to the property were assessed at a total of $37,400. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Exterior

Brick Exterior

Parking

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

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Brick veneer
  • 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: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,366
  • Total Building Area: 1,485
  • Building Area: 1,485
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

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

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: MAYFAIR 4TH
  • Land Acres: 0.215
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 4 BLOCK 13 MAYFAIR 4TH

Ownership

  • Current Owner : ZHAO LEI
  • Current Owner 2: YANG XIAO
  • Previous Owner : GANZER KYLE A
  • Previous Owner 2: GANZER MANUEL SARAH
  • Owner Before Previous Owner: FISHER JEAN G
  • 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: 001100

Geography

  • District: 04
  • Parcel: 44-20-14-376-025
  • Block: 13
  • Lot: 4
  • Meridian: SEC 14 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1016
  • Longitude: -88.2716

    Address

  • Full Address: 1307 Mayfair Rd
  • Address - House Number: 1307
  • Address - Street Name: Mayfair
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Champaign
  • Carrier Code: C039
  • 4-Digit Zip Code: 5023
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,990
  • Tax Rate Code Area: 4402

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 226,162
  • High Value: 274,450
  • Low Value: 177,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $156,000
  • First Open Lien Mortgage Lender: MARINE BANK SPRINGFIELD
  • First Open Lien Mortgage Recording Date: Jul 07, 2021
  • First Open Lien Mortgage Loan Amount: $156,000
  • 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: Jul 01, 2036

    Market Valuation

  • Market Total Value: $162,780
  • Market Land Value: $50,580
  • Market Improvement Value: $112,200

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $54,260
  • Assessed Land Value: $16,860
  • Assessed Improvements Value: $37,400

    Sales

  • Current Sale Contract Date: Jun 11, 2021
  • Current Sale Recording Date: Jul 07, 2021
  • Current Sale Transaction ID: 11842365498
  • Current Sale Price: $195,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R15833
  • Previous Sale Recording Date: Jul 07, 2017
  • Previous Sale Contract Date: Jun 09, 2017
  • Previous Sale Amount: $160,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARINE BANK SPRINGFIELD
  • First Mortgage Transaction Date: Jul 07, 2021
  • First Mortgage Loan Amount: $156,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2036

    Previous Mortgages

  • Previous Mortgage Lender: ILLINOIS NATIONAL BANK
  • Previous Mortgage Transaction Date: Jul 07, 2017
  • Previous Mortgage Loan Amount: $100,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2047

About Mayfair



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Frequently Asked Questions

What neighborhood is 1307 Mayfair Road located in?
The 1307 Mayfair Road is a located in the neighborhood of Mayfair in Mayfair, Champaign.
What is the average sales price for listings in 1307 Mayfair Road?
The average sales price for units in 1307 Mayfair Road is $0 currently.

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