Check Availability

1502 West William Street

1502 West William Street, Champaign, IL 61821
House in Westlawn
Sold Jun 25, 2020
$181,500
$163,500 by Illinois National Bank
Mortgage Due Jul 01, 2050
Sold Aug 21, 2018
$110,000
$108,000 by Iroquois Fsla
Mortgage Due Aug 15, 2038
1502 West William Street 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 is only one bathroom. There is a 1 partial bathroom. In total, the area measurement of the land is 9,356 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 detached 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. 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. 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, 1502 West William Street was last sold in Jun 18, 2020 for $181,500. According to our calculations, that's $139.72 per sqft. Prior to that sales transaction, the property was sold for $110,000 in Jul 25, 2018. Current property owners are expected to pay $4,991 in taxes per year. The property on 1502 West William Street was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $60,270. To break that down further, the land itself was valued at $23,580. While improvements to the property were assessed at a total of $36,690. 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. 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!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: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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 Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 420
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 9,356
  • Total Building Area: 1,299
  • Building Area: 1,299
  • 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: MAYFAIR 3RD
  • Land Acres: 0.215
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 20 BLOCK 16 MAYFAIR 3RD

Ownership

  • Current Owner : OEHLERT SAMUEL J
  • Current Owner 2: LINGSCHEIT CARRIE D
  • Previous Owner : U & D ELITE PROPERTIES LLC
  • Owner Before Previous Owner: TSAI CHANG WENDY WEN
  • Owner Before Previous Owner 2: THE WENDY WEN TSAI CHIAG TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Geography

  • District: 04
  • Parcel: 43-20-14-176-011
  • Block: 16
  • Lot: 20
  • Meridian: SEC 14 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1083
  • Longitude: -88.2704

    Address

  • Full Address: 1502 W William St
  • Address - House Number: 1502
  • Street Direction: W
  • Address - Street Name: William
  • Address - Suffix Type: St
  • State: IL
  • City Name: Champaign
  • Carrier Code: C039
  • 4-Digit Zip Code: 4405
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,991
  • Tax Rate Code Area: 4302

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 242,552
  • High Value: 294,338
  • Low Value: 190,765

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $163,500
  • First Open Lien Mortgage Lender: ILLINOIS NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 25, 2020
  • First Open Lien Mortgage Loan Amount: $163,500
  • 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: Jul 01, 2050

    Market Valuation

  • Market Total Value: $180,810
  • Market Land Value: $70,740
  • Market Improvement Value: $110,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,270
  • Assessed Land Value: $23,580
  • Assessed Improvements Value: $36,690

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 18, 2020
  • Current Sale Recording Date: Jun 25, 2020
  • Current Sale Transaction ID: 11770351057
  • Current Sale Price: $181,500
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020R11529
  • Previous Sale Recording Date: Aug 21, 2018
  • Previous Sale Contract Date: Jul 25, 2018
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: ILLINOIS NATIONAL BANK
  • First Mortgage Transaction Date: Jun 25, 2020
  • First Mortgage Loan Amount: $163,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: IROQUOIS FSLA
  • Previous Mortgage Transaction Date: Aug 21, 2018
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $108,000
  • Previous Mortgage Term: 240
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Aug 15, 2038

About Westlawn



Similar Buildings

House at 1502 West William Street,

1712 West Springfield Avenue

  • 1 Unit for Sale
1712 West Springfield Avenue, Champaign, IL 61821
House at 1502 West William Street,

1305 Mayfair Road

  • 1 Unit for Sale
1305 Mayfair Road, Champaign, IL 61821
House at 1502 West William Street,

1210 South Mattis Avenue

  • 1 Unit for Sale
1210 South Mattis Avenue, Champaign, IL 61821
House at 1502 West William Street,

1314 West White Street

  • 1 Unit for Sale
1314 West White Street, Champaign, IL 61821
House at 1502 West William Street,

1 Flora Court

  • 1 Unit for Sale
1 Flora Court, Champaign, IL 61821
House at 1502 West William Street,

1706 Princeton Drive

  • 1 Unit for Sale
1706 Princeton Drive, Champaign, IL 61821
House at 1502 West William Street,

1611 West Park Avenue

  • 1 Unit for Sale
1611 West Park Avenue, Champaign, IL 61821

Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1502 West William Street located in?
The 1502 West William Street is a house located in the neighborhood of Westlawn in Westlawn, Champaign.
What is the average sales price for listings in 1502 West William Street?
The average sales price for units in 1502 West William Street is $183,500 , or $146/sqft. currently.

Quantcast