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3002 Stanley Lane

3002 Stanley Lane, Champaign, IL 61822
Sold Jun 08, 2020
$219,500
$207,765 by Inb Na
Mortgage Due Jul 01, 2050
Sold Jul 29, 2016
$204,500
$183,773 by Heartland Bank & Trust Co
Mortgage Due Aug 01, 2046
This has been categorized as a residential property type. In total, the area measurement of the land is 5,909 square feet.

Learn more about the property and building on this page. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 3002 Stanley Lane sold most recently in Jun 1, 2020 for a total of $219,500. Before that, the property was also sold for $204,500 in Jul 28, 2016. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,286 in taxes each year. 3002 Stanley Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $74,360. If we break it down further, the land itself was valued at $13,640. Improvements to the property, however, were assessed at a total of $60,720. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
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: 5,909
  • 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: ASHLAND PARK PHASE 4
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 4027 ASHLAND PARK PHASE 4

Ownership

  • Current Owner : LIU HAO JAN
  • Previous Owner : HOLLAND JACOB T
  • Previous Owner 2: WILLIAMS HOLLAND TAYLOR
  • Owner Before Previous Owner: TAG RESIDENTIAL LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000800

Geography

  • District: 04
  • Parcel: 41-14-36-101-096
  • Lot: 4027
  • Meridian: SEC 36 TWN 20N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1514
  • Longitude: -88.2494

    Address

  • Full Address: 3002 Stanley Ln
  • Address - House Number: 3002
  • Address - Street Name: Stanley
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: R007
  • 4-Digit Zip Code: 1124
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,286
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 293,582
  • High Value: 356,963
  • Low Value: 230,200

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $207,765
  • First Open Lien Mortgage Lender: INB NA
  • First Open Lien Mortgage Recording Date: Jun 08, 2020
  • First Open Lien Mortgage Loan Amount: $207,765
  • 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: $223,080
  • Market Land Value: $40,920
  • Market Improvement Value: $182,160

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,360
  • Assessed Land Value: $13,640
  • Assessed Improvements Value: $60,720

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2020
  • Current Sale Recording Date: Jun 08, 2020
  • Current Sale Transaction ID: 11766402549
  • Current Sale Price: $219,500
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R09869
  • Previous Sale Recording Date: Jul 29, 2016
  • Previous Sale Contract Date: Jul 28, 2016
  • Previous Sale Amount: $204,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: INB NA
  • First Mortgage Transaction Date: Jun 08, 2020
  • First Mortgage Loan Amount: $207,765
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: HEARTLAND BANK & TRUST CO
  • Previous Mortgage Transaction Date: Jul 29, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $183,773
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2046

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Frequently Asked Questions

What neighborhood is 3002 Stanley Lane located in?
The 3002 Stanley Lane is a house located in the neighborhood of Champaign City in Champaign, Champaign.
What is the average sales price for listings in 3002 Stanley Lane?
The average sales price for units in 3002 Stanley Lane is $0 currently.

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