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405 Taylor Thomas Lane

405 Taylor Thomas Lane, Champaign, IL 61820
Property in Eureka Street
Sold Sep 22, 2004
$124,000
$68,982 by Busey Bank
Mortgage Due Oct 01, 2034
Local assessors in Champaign, IL have categorized 405 Taylor Thomas Lane as a residential type of property. The property's lot size has been calculated to be 6,800 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. 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, 405 Taylor Thomas Lane sold most recently in Sep 21, 2004 for a total of $124,000. 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 $3,137 in taxes each year. 405 Taylor Thomas Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $40,110. If we break it down further, the land itself was valued at $4,010. Improvements to the property, however, were assessed at a total of $36,100. 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. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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.

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: 6,800
  • 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: TAYLOR THOMAS SUB
  • Land Acres: 0.156
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 8 TAYLOR THOMAS SUB

Ownership

  • Current Owner : NEAL ANGELIA K
  • Previous Owner : CASTLEFORD GROUP INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000200

Geography

  • District: 04
  • Parcel: 46-21-07-126-009
  • Lot: 8
  • Meridian: SEC 07 TWN 19N RNG 09E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1266
  • Longitude: -88.233

    Address

  • Full Address: 405 Taylor Thomas Ln
  • Address - House Number: 405
  • Address - Street Name: Taylor Thomas
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: C009
  • 4-Digit Zip Code: 3154
  • Zip Code: 61820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,137
  • Tax Rate Code Area: 4602

    Appraisal Valuation

  • Standard Deviation: 0.2252
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 174,894
  • High Value: 214,290
  • Low Value: 135,498

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $68,982
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Sep 22, 2004
  • First Open Lien Mortgage Loan Amount: $68,982
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2034

    Market Valuation

  • Market Total Value: $120,330
  • Market Land Value: $12,030
  • Market Improvement Value: $108,300

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,110
  • Assessed Land Value: $4,010
  • Assessed Improvements Value: $36,100

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2004
  • Current Sale Recording Date: Sep 22, 2004
  • Current Sale Transaction ID: 1087091122
  • Current Sale Price: $124,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2004R30519

    Last Sale Mortgage

  • First Mortgage Lender: BUSEY BANK
  • First Mortgage Transaction Date: Sep 22, 2004
  • First Mortgage Loan Amount: $68,982
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Oct 01, 2034
  • Second Mortgage Loan Amount: $20,000

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 405 Taylor Thomas Lane located in?
The 405 Taylor Thomas Lane is a located in the neighborhood of Eureka Street in Douglas Park, Champaign.
What is the average sales price for listings in 405 Taylor Thomas Lane?
The average sales price for units in 405 Taylor Thomas Lane is $0 currently.

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