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2005 Max Run Drive

2005 Max Run Drive, Champaign, IL 61822
Property in Champaign City
Sold Oct 02, 2019
$445,500
$356,136 by Busey Bank
Mortgage Due Nov 01, 2034
Sold May 28, 2019
$115,000
$358,695 by Heartland Bank & Trust Co
Mortgage Due Nov 23, 2019
Local assessors in Champaign, IL have categorized 2005 Max Run Drive as a residential type of property. The property's lot size has been calculated to be 10,019 square feet.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The property was last sold in Sep 16, 2019 for $445,500. Prior to that sales transaction, the property was also sold in Apr 24, 2019 for $115,000. 2005 Max Run Drive was last assessed in 2022. The total value of the property was assessed at $155,170. Specifically, the land the property is located on was valued at $20,050. While improvements on the property were assessed at a total of $135,120. 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 $13,909. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: WILLS TRACE SUB PHASE 4
  • Land Acres: 0.23
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 403 WILLS TRACE SUB PHASE 4

Ownership

  • Current Owner : JASTI SARVAN K
  • Current Owner 2: CHERUKUMALLI NISHITHA
  • Previous Owner : IRON WOOD BUILDERS INC
  • Owner Before Previous Owner: WILLS TRACE LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001205

Geography

  • District: 03
  • Parcel: 03-20-20-307-027
  • Lot: 403
  • Meridian: SEC 20 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0904
  • Longitude: -88.3292

    Address

  • Full Address: 2005 Max Run Dr
  • Address - House Number: 2005
  • Address - Street Name: Max Run
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R015
  • 4-Digit Zip Code: 3755
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,909
  • Tax Rate Code Area: 341

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 577,936
  • High Value: 695,854
  • Low Value: 460,018

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $506,136
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Oct 02, 2019
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $356,136
  • 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: Nov 01, 2034
  • Second Open Lien Mortgage Lender: BUSEY BANK
  • Second Open Lien Mortgage Recording Date: Dec 22, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $150,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jan 15, 2041

    Market Valuation

  • Market Total Value: $465,510
  • Market Land Value: $60,150
  • Market Improvement Value: $405,360

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $155,170
  • Assessed Land Value: $20,050
  • Assessed Improvements Value: $135,120

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 16, 2019
  • Current Sale Recording Date: Oct 02, 2019
  • Current Sale Transaction ID: 11657854342
  • Current Sale Price: $445,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2019R16391
  • Previous Sale Recording Date: May 28, 2019
  • Previous Sale Contract Date: Apr 24, 2019
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BUSEY BANK
  • First Mortgage Transaction Date: Oct 02, 2019
  • First Mortgage Loan Amount: $356,136
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2034

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: HEARTLAND BANK & TRUST CO
  • Previous Mortgage Transaction Date: May 28, 2019
  • Previous Mortgage Loan Amount: $358,695
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Nov 23, 2019

About Champaign



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Frequently Asked Questions

What neighborhood is 2005 Max Run Drive located in?
The 2005 Max Run Drive is a located in the neighborhood of Champaign City in Champaign, Champaign.
What is the average sales price for listings in 2005 Max Run Drive?
The average sales price for units in 2005 Max Run Drive is $0 currently.

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