Sold Mar 24, 2021
$475,000
Buyer
Seller
$105,602
by First Neighbor Bank National A
Mortgage
Sold Jul 30, 2010
$370,000
Buyer
$295,000
by Busey Bank
Mortgage
1308 Laurel Drive in Urbana, IL was first built in 1953 and is 71 years old.
This has been categorized as a residential property type.
It is a single story home.
In terms of bathrooms, there is only one bathroom.
There is a 1 partial bathroom.
In total, the area measurement of the land is 7,026 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. 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 poor. The exterior walls of the home are made of stucco. 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. 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, 1308 Laurel Drive was last sold in Mar 19, 2021 for $475,000. According to our calculations, that's $635.88 per sqft. Prior to that sales transaction, the property was sold for $370,000 in Jul 29, 2010. Current property owners are expected to pay $1,789 in taxes per year. The property on 1308 Laurel Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $16,530. To break that down further, the land itself was valued at $9,930. While improvements to the property were assessed at a total of $6,600. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.
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. 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 poor. The exterior walls of the home are made of stucco. 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. 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, 1308 Laurel Drive was last sold in Mar 19, 2021 for $475,000. According to our calculations, that's $635.88 per sqft. Prior to that sales transaction, the property was sold for $370,000 in Jul 29, 2010. Current property owners are expected to pay $1,789 in taxes per year. The property on 1308 Laurel Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $16,530. To break that down further, the land itself was valued at $9,930. While improvements to the property were assessed at a total of $6,600. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.
This property description is generated based on publicly available data.
1308 Laurel Drive, Urbana, IL 61801
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