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4714 Watermark Drive

4714 Watermark Drive, Champaign, IL 61822
Property in Champaign City
Sold Jun 03, 2021
$325,000
$325,000 by United Wholesale Mortgage
Mortgage Due Jun 01, 2051
Sold Aug 29, 2005
$393,500
$273,400 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2035
Local assessors in Champaign, IL have categorized 4714 Watermark Drive as a residential type of property. The property's lot size has been calculated to be 9,975 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, 4714 Watermark Drive sold most recently in May 19, 2021 for a total of $325,000. Before that, the property was also sold for $393,500 in Aug 26, 2005. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $13,319 in taxes each year. 4714 Watermark Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $144,840. If we break it down further, the land itself was valued at $25,140. Improvements to the property, however, were assessed at a total of $119,700. 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 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. 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: 9,975
  • 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 WEST VI SUB
  • Land Acres: 0.229
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 604 IRONWOOD WEST VI SUB

Ownership

  • Current Owner : ELVIR JORGE MARTIN
  • Current Owner 2: ELVIR MARIA LOUISE
  • Previous Owner : JACKSON ROCHELLE
  • Previous Owner 2: ROCHELLE JACKSON WALKER TRUST
  • Owner Before Previous Owner: RON CARTER HOMES LTD
  • 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: 04
  • Parcel: 45-20-20-329-021
  • Lot: 604
  • Meridian: SEC 20 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0877
  • Longitude: -88.3251

    Address

  • Full Address: 4714 Watermark Dr
  • Address - House Number: 4714
  • Address - Street Name: Watermark
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R015
  • 4-Digit Zip Code: 3618
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,319
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 482,180
  • High Value: 580,560
  • Low Value: 383,799

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $390,650
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Jun 03, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $325,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051
  • Second Open Lien Mortgage Lender: FIRST NATIONAL BANK
  • Second Open Lien Mortgage Recording Date: May 30, 2023
  • Second Open Lien Mortgage Loan Amount: $65,650
  • Second Open Lien Mortgage Term: 60
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: May 31, 2028

    Market Valuation

  • Market Total Value: $434,520
  • Market Land Value: $75,420
  • Market Improvement Value: $359,100

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $144,840
  • Assessed Land Value: $25,140
  • Assessed Improvements Value: $119,700

    Sales

  • Current Sale Contract Date: May 19, 2021
  • Current Sale Recording Date: Jun 03, 2021
  • Current Sale Transaction ID: 11836927536
  • Current Sale Price: $325,000
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2021R12964
  • Previous Sale Recording Date: Aug 29, 2005
  • Previous Sale Contract Date: Aug 26, 2005
  • Previous Sale Amount: $393,500
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Mortgage Transaction Date: Jun 03, 2021
  • First Mortgage Loan Amount: $325,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 29, 2005
  • Previous Mortgage Loan Amount: $273,400
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Sep 01, 2035

About Champaign



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Frequently Asked Questions

What neighborhood is 4714 Watermark Drive located in?
The 4714 Watermark Drive is a located in the neighborhood of Champaign City in Champaign, Champaign.
What is the average sales price for listings in 4714 Watermark Drive?
The average sales price for units in 4714 Watermark Drive is $0 currently.

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