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4509 Ironwood Lane

4509 Ironwood Lane, Champaign, IL 61822
House in Ironwood
Sold Feb 11, 2021
$359,000
$250,000 by Better Mortgage Corporation
Mortgage Due Mar 01, 2051
Sold Jun 13, 2003
$59,500
$200,000 by First Mid Illinois Bank & Trus
Mortgage Due Dec 06, 2003
This has been categorized as a residential property type. In total, the area measurement of the land is 10,228 square feet.

Learn more about the property and building on this page. 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, 4509 Ironwood Lane was last sold in Feb 10, 2021 for $359,000. Prior to that sales transaction, the property was sold for $59,500 in Jun 3, 2003. Current property owners are expected to pay $12,516 in taxes per year. The property on 4509 Ironwood Lane was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $140,230. To break that down further, the land itself was valued at $23,240. While improvements to the property were assessed at a total of $116,990. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Exterior

Brick 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: 10,228
  • 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: IRONWOOD 7
  • Land Acres: 0.235
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 736 IRONWOOD 7

Ownership

  • Current Owner : KIM MOON KI
  • Current Owner 2: SOHN IRENE HYEJUNG
  • Previous Owner : WANG HONG
  • Previous Owner 2: XU YUNXIA
  • Owner Before Previous Owner: ARMOR DEVELOPMENT INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Tenants by Entirety

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001205

Geography

  • District: 03
  • Parcel: 03-20-20-430-047
  • Lot: 736
  • Meridian: SEC 20 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0865
  • Longitude: -88.3201

    Address

  • Full Address: 4509 Ironwood Ln
  • Address - House Number: 4509
  • Address - Street Name: Ironwood
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: R014
  • 4-Digit Zip Code: 8599
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,516
  • Tax Rate Code Area: 341

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 503,757
  • High Value: 606,540
  • Low Value: 400,974

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $250,000
  • First Open Lien Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Open Lien Mortgage Recording Date: Feb 11, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $250,000
  • 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: Mar 01, 2051

    Market Valuation

  • Market Total Value: $420,690
  • Market Land Value: $69,720
  • Market Improvement Value: $350,970

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $140,230
  • Assessed Land Value: $23,240
  • Assessed Improvements Value: $116,990

    Sales

  • Current Sale Contract Date: Feb 10, 2021
  • Current Sale Recording Date: Feb 11, 2021
  • Current Sale Transaction ID: 11817470478
  • Current Sale Price: $359,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2021R03184
  • Previous Sale Recording Date: Jun 13, 2003
  • Previous Sale Contract Date: Jun 03, 2003
  • Previous Sale Amount: $59,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BETTER MORTGAGE CORPORATION
  • First Mortgage Transaction Date: Feb 11, 2021
  • First Mortgage Loan Amount: $250,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MID ILLINOIS BANK & TRUS
  • Previous Mortgage Transaction Date: Jun 13, 2003
  • Previous Mortgage Loan Amount: $200,000
  • Previous Mortgage Term: 5
  • Previous Mortgage Loan Type: Building or Construction Loan
  • Previous Mortgage Loan Due Date: Dec 06, 2003

About Ironwood



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Frequently Asked Questions

What neighborhood is 4509 Ironwood Lane located in?
The 4509 Ironwood Lane is a house located in the neighborhood of Ironwood in Ironwood, Champaign.
What is the average sales price for listings in 4509 Ironwood Lane?
The average sales price for units in 4509 Ironwood Lane is $370,000 , or $125/sqft. currently.

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