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2506 Arden Drive

2506 Arden Drive, Champaign, IL 61821
Property in Champaign City
Sold Jun 03, 2022
$108,000
Seller
$126,400 by First National Bank
Mortgage Due May 13, 2027
Sold Jul 18, 2006
$123,000
$88,000 by Busey Bank
Mortgage Due Aug 01, 2036
2506 Arden Drive has been categorized by the local assessors in Champaign, IL as a residential type of property. The building on the property was first built in 1967 and is 57 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 6,560 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 325 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of stucco. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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, 2506 Arden Drive was last sold in May 6, 2022 for $108,000. According to our calculations, that's $105.37 per sqft. Prior to that sales transaction, the property was sold for $123,000 in Jul 12, 2006. Current property owners are expected to pay $2,714 in taxes per year. The property on 2506 Arden Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $35,510. To break that down further, the land itself was valued at $10,770. While improvements to the property were assessed at a total of $24,740. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: Tile
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 325
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,560
  • Total Building Area: 1,025
  • Building Area: 1,025
  • 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: STRATFORD PARK 2ND SUB
  • Land Acres: 0.151
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 209 STRATFORD PARK 2ND SUB

Ownership

  • Current Owner : FEJES SALLY J
  • Previous Owner : JUNG
  • Previous Owner 2: SUMI
  • Owner Before Previous Owner: MONTI ROBERT L
  • Owner Before Previous Owner 2: SLATE MONTI ELICIA K

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001203

Geography

  • District: 04
  • Parcel: 45-20-22-127-023
  • Lot: 209
  • Meridian: SEC 22 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0972
  • Longitude: -88.2887

    Address

  • Full Address: 2506 Arden Dr
  • Address - House Number: 2506
  • Address - Street Name: Arden
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C060
  • 4-Digit Zip Code: 5354
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,714
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2559
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 143,905
  • High Value: 180,741
  • Low Value: 107,068

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $126,400
  • First Open Lien Mortgage Lender: FIRST NATIONAL BANK
  • First Open Lien Mortgage Recording Date: Jun 03, 2022
  • 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: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 13, 2027

    Market Valuation

  • Market Total Value: $106,530
  • Market Land Value: $32,310
  • Market Improvement Value: $74,220

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $35,510
  • Assessed Land Value: $10,770
  • Assessed Improvements Value: $24,740

    Sales

  • Current Sale Contract Date: May 06, 2022
  • Current Sale Recording Date: Jun 03, 2022
  • Current Sale Transaction ID: 11889831473
  • Current Sale Price: $108,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 10059
  • Previous Sale Recording Date: Jul 18, 2006
  • Previous Sale Contract Date: Jul 12, 2006
  • Previous Sale Amount: $123,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST NATIONAL BANK
  • First Mortgage Transaction Date: Jun 03, 2022
  • First Mortgage Loan Amount: $126,400
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 13, 2027

    Previous Mortgages

  • Previous Mortgage Lender: BUSEY BANK
  • Previous Mortgage Transaction Date: Jul 18, 2006
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $88,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2036

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Frequently Asked Questions

What neighborhood is 2506 Arden Drive located in?
The 2506 Arden Drive is a located in the neighborhood of Champaign City in Champaign, Champaign.
What is the average sales price for listings in 2506 Arden Drive?
The average sales price for units in 2506 Arden Drive is $0 currently.

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