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402 Spring Circle

402 Spring Circle, Urbana, IL 61802
Property in Urbana
Sold Sep 21, 2021
$134,000
$129,980 by Flat Branch Home Loans Inc
Mortgage Due Oct 01, 2051
Sold Jul 16, 2003
$109,000
$87,200 by Bankillinois
Mortgage Due Aug 01, 2033
Local assessors in Urbana, IL have categorized 402 Spring Circle as a residential type of property. The property's lot size has been calculated to be 1,349 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 Jul 31, 2021 for $134,000. Prior to that sales transaction, the property was also sold in Jul 14, 2003 for $109,000. 402 Spring Circle was last assessed in 2022. The total value of the property was assessed at $52,030. Specifically, the land the property is located on was valued at $6,420. While improvements on the property were assessed at a total of $45,610. 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 $3,993. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,349
  • 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: COMMONS THREE WILLOWS (WILLOW SPRINGS) C
  • Land Acres: 0.031
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT PT COMMONS THREE WILLOWS (WILLOW SPRINGS) CONDO PHASE 1

Ownership

  • Current Owner : DANIELS LAWRENCE
  • Current Owner 2: DANIELS SACRESHA
  • Previous Owner : KIM SOO JIN
  • Previous Owner 2: SUK SOOJIN
  • Owner Before Previous Owner: INCE BASIL
  • Owner Before Previous Owner 2: INCE LAUREL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005401

Geography

  • District: 30
  • Parcel: 30-21-04-377-004
  • Lot: 107
  • Meridian: SEC 04 TWN 19N RNG 09E
  • Municipality: URBANA
  • Latitude: 40.1285
  • Longitude: -88.1945

    Address

  • Full Address: 402 Spring Cir
  • Address - House Number: 402
  • Address - Street Name: Spring
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Urbana
  • Carrier Code: R006
  • 4-Digit Zip Code: 7542
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,993
  • Tax Rate Code Area: 3014

    Appraisal Valuation

  • Standard Deviation: 0.261
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 183,710
  • High Value: 231,672
  • Low Value: 135,748

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $129,980
  • First Open Lien Mortgage Lender: FLAT BRANCH HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 21, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $129,980
  • 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: Oct 01, 2051

    Market Valuation

  • Market Total Value: $156,090
  • Market Land Value: $19,260
  • Market Improvement Value: $136,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,030
  • Assessed Land Value: $6,420
  • Assessed Improvements Value: $45,610

    Sales

  • Current Sale Contract Date: Jul 31, 2021
  • Current Sale Recording Date: Sep 21, 2021
  • Current Sale Transaction ID: 11855805257
  • Current Sale Price: $134,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R22505
  • Previous Sale Recording Date: Jul 16, 2003
  • Previous Sale Contract Date: Jul 14, 2003
  • Previous Sale Amount: $109,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: FLAT BRANCH HOME LOANS INC
  • First Mortgage Transaction Date: Sep 21, 2021
  • First Mortgage Loan Amount: $129,980
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BANKILLINOIS
  • Previous Mortgage Transaction Date: Jul 16, 2003
  • Previous Mortgage Loan Amount: $87,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2033

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Frequently Asked Questions

What neighborhood is 402 Spring Circle located in?
The 402 Spring Circle is a located in the neighborhood of Urbana in Champaign, Urbana.
What is the average sales price for listings in 402 Spring Circle?
The average sales price for units in 402 Spring Circle is $0 currently.

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