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1403 South Western Avenue

1403 South Western Avenue, Champaign, IL 61821
Sold Jun 18, 2021
$158,000
$126,400 by Fisher National Bank
Mortgage Due Jun 15, 2026
Sold Jun 12, 2020
$141,000
$141,000 by First Financial Bank Na
Mortgage Due Jul 01, 2050
1403 South Western Avenue in Champaign, IL was first built in 1962 and is 62 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 are 2 partial bathrooms. In total, the area measurement of the land is 7,658 square feet.

Learn more about the property and building on this page. There is a unknown and 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 240 sqft. There is one available parking space. 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 stucco. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in Jun 1, 2021 for $158,000. That's $104.50 per sqft. Prior to that sales transaction, the property was also sold in Jun 6, 2020 for $141,000. 1403 South Western Avenue was last assessed in 2022. The total value of the property was assessed at $48,150. Specifically, the land the property is located on was valued at $12,050. While improvements on the property were assessed at a total of $36,100. 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 $3,876. 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. 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

Aluminum Siding
Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • 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: 240
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,658
  • Total Building Area: 1,512
  • Building Area: 1,512
  • 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: WESTVIEW 2ND SUB
  • Land Acres: 0.176
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOTS 259, PT 261 WESTVIEW 2ND SUB

Ownership

  • Current Owner : MCCORMICK MICHAEL
  • Current Owner 2: THE MEDELLIN PARTNERS TRUST
  • Previous Owner : MUSSETT ZACHARY
  • Previous Owner 2: MUSSETT KRISTEN
  • Owner Before Previous Owner: ARMSTRONG WAYNE E
  • Owner Before Previous Owner 2: ESTATE OF VERNA JEAN ARMSTRONG
  • Ownership Rights Codes: Trustee/Conservator

Neighborhood

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

Geography

  • District: 04
  • Parcel: 44-20-14-353-013
  • Lot: 259
  • Meridian: SEC 14 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1008
  • Longitude: -88.2753

    Address

  • Full Address: 1403 S Western Ave
  • Address - House Number: 1403
  • Street Direction: S
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Champaign
  • Carrier Code: C039
  • 4-Digit Zip Code: 4924
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,876
  • Tax Rate Code Area: 4402

    Appraisal Valuation

  • Standard Deviation: 0.2238
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 193,678
  • High Value: 237,036
  • Low Value: 150,320

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,400
  • First Open Lien Mortgage Lender: FISHER NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 18, 2021
  • First Open Lien Mortgage Loan Amount: $126,400
  • First Open Lien Mortgage Term: 60
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Jun 15, 2026

    Market Valuation

  • Market Total Value: $144,450
  • Market Land Value: $36,150
  • Market Improvement Value: $108,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,150
  • Assessed Land Value: $12,050
  • Assessed Improvements Value: $36,100

    Sales

  • Current Sale Contract Date: Jun 01, 2021
  • Current Sale Recording Date: Jun 18, 2021
  • Current Sale Transaction ID: 11840646688
  • Current Sale Price: $158,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021R14318
  • Previous Sale Recording Date: Jun 12, 2020
  • Previous Sale Contract Date: Jun 06, 2020
  • Previous Sale Amount: $141,000
  • Previous Sale Document Type: Administrator's Deed

    Last Sale Mortgage

  • First Mortgage Lender: FISHER NATIONAL BANK
  • First Mortgage Transaction Date: Jun 18, 2021
  • First Mortgage Loan Amount: $126,400
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Jun 15, 2026

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FINANCIAL BANK NA
  • Previous Mortgage Transaction Date: Jun 12, 2020
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $141,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jul 01, 2050

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Frequently Asked Questions

What neighborhood is 1403 South Western Avenue located in?
The 1403 South Western Avenue is a house located in the neighborhood of Champaign City in Champaign, Champaign.
What is the average sales price for listings in 1403 South Western Avenue?
The average sales price for units in 1403 South Western Avenue is $0 currently.

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