See Home Value
Champaign 61822
2507 Crimson Lane
$481,510*
House - Off Market

2507 Crimson Lane

Champaign, IL 61822
bedrooms
6 Beds
bathrooms
7 Baths, 1 Half Bath
square feet
5552 Sqft
$428,000 - $522,000
Reference Base Price*
1.37%
Since May 1, 2022
National-US
Primary Model
Sold Apr 01, 2022
$433,000
$324,750 by Wells Fargo Bank Na
Mortgage Due Apr 06, 2032
Sold May 08, 2018
$443,000
$354,400 by Citadel Servicing Corp
Mortgage Due May 01, 2048

About This Property

This majestic lake-front home boasts nearly 8,000 square feet of living space -- 6 bedrooms, 6.5 bathrooms, 3-car garage.  Boasting 9 foot ceilings throughout -- including the basement -- this home is grand in scale and offers plenty of space for living and entertaining.  Light and bright, the 2-story living room features windows overlooking the lake and fountain.  Formal living room, dining room, first-floor bedroom with attached full bathroom, breakfast area, laundry room, pantry closet.  Kitchen hosts an island for additional seating with prep sink, ample cabinet and countertop space, copper backsplash, and all appliances.  The second floor balcony overlooks the livingroom and hosts four bedrooms, one with a separate sitting area which is perfect for short or long-term guests, and all with attached full bathrooms.  Master en suite has a must-see closet space, dual-head shower, jetted tub, and double sink. Daylight basement is a highlight: great for entertaining with the full kitchen, family room, theater room, full bath, and ready-to-go office area.  Hard surface flooring throughout the entire home, three-piece crown moulding, light and inviting paint colors -- this home is a standout.  The backyard is where you can spend mornings sipping coffee or evenings enjoying a glass of wine -- beautiful deck with pergola, nurtured gardens, expansive lake views.  This is a one-of-a-kind home that you won't want to miss!

The manager has listed the unit size as 5552 square feet.
Unit Size
5,552Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$86
Property Type
House
Property Taxes
$1,302
HOA Dues
-
Year Built
-

Price History

Date / Event Date Event Price
Apr 2, 2022 No longer available -
No longer available
Apr 1, 2022 Sold to Hazem Jaber $433,000
Sold to Hazem Jaber
Oct 29, 2021 In contract -
In contract
Oct 1, 2021 Price Decreased $475,000
↓ $22K (4.4%)
Price Decreased
Aug 4, 2021 Price Decreased $497,000
↓ $30K (5.7%)
Price Decreased
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Property Highlights

Fireplace
Air Conditioning
Garage

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 10,663
  • 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: CHERRY HILLS12TH ADD
  • Land Acres: 0.245
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 609 CHERRY HILLS12TH ADD

Ownership

  • Current Owner : JABER HAZEM
  • Previous Owner : MARIA JANSSEN
  • Previous Owner 2: MARIA ANNA
  • Owner Before Previous Owner: SHAH SANJIV M
  • Owner Before Previous Owner 2: SHAH SUSAN L
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001204

Geography

  • District: 04
  • Parcel: 46-20-27-329-029
  • Lot: 609
  • Meridian: SEC 27 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0722
  • Longitude: -88.2871

    Address

  • Full Address: 2507 Crimson Ln
  • Address - House Number: 2507
  • Address - Street Name: Crimson
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: R010
  • 4-Digit Zip Code: 7420
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,721
  • Tax Rate Code Area: 4602

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 529,680
  • High Value: 637,752
  • Low Value: 421,608

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $324,750
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 01, 2022
  • First Open Lien Mortgage Loan Amount: $324,750
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 06, 2032

    Market Valuation

  • Market Total Value: $432,990
  • Market Land Value: $98,430
  • Market Improvement Value: $334,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $144,330
  • Assessed Land Value: $32,810
  • Assessed Improvements Value: $111,520

    Sales

  • Current Sale Contract Date: Mar 30, 2022
  • Current Sale Recording Date: Apr 01, 2022
  • Current Sale Transaction ID: 11884018212
  • Current Sale Price: $433,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 5819
  • Previous Sale Recording Date: May 08, 2018
  • Previous Sale Contract Date: Mar 24, 2018
  • Previous Sale Amount: $443,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 01, 2022
  • First Mortgage Loan Amount: $324,750
  • First Mortgage Terms: 120
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 06, 2032

    Previous Mortgages

  • Previous Mortgage Lender: CITADEL SERVICING CORP
  • Previous Mortgage Transaction Date: May 08, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $354,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2048



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Champaign


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Frequently Asked Questions

When was property at 2507 Crimson Lane built and last sold?
The property at 2507 Crimson Lane was built in and last sold on Mar 30, 2022 for $433,000.
How much is this home worth?
The estimated value of the home located at 2507 Crimson Lane is $479,750.
What are some comparable homes to 2507 Crimson Lane?
There are currently no comparable homes to 2507 Crimson Lane.

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