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4803 Vahalla Drive

4803 Vahalla Drive, Champaign, IL 61822
Property in Champaign City
Sold Apr 08, 2020
$465,000
$372,000 by Arcola First Bank
Mortgage Due Apr 01, 2050
Sold May 11, 2016
$495,000
$74,250 by First Fsb Of Champaign Urbana
Mortgage Due Jul 01, 2021
Local assessors in Champaign, IL have categorized 4803 Vahalla Drive as a residential type of property. The property's lot size has been calculated to be 9,628 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. 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, 4803 Vahalla Drive was last sold in Jan 14, 2020 for $465,000. Prior to that sales transaction, the property was sold for $495,000 in May 11, 2016. Current property owners are expected to pay $13,985 in taxes per year. The property on 4803 Vahalla Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $158,080. To break that down further, the land itself was valued at $23,050. While improvements to the property were assessed at a total of $135,030. 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.

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: 9,628
  • 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: THE TRAILS AT ABBEY FIELDS
  • Land Acres: 0.221
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 168 THE TRAILS AT ABBEY FIELDS

Ownership

  • Current Owner : MONAHAN MATTHEW J
  • Current Owner 2: MONAHAN KRISTIN R
  • Previous Owner : BUTKUS LUCAS
  • Previous Owner 2: BUTKUS NICOLE
  • Owner Before Previous Owner: MILLER CONSTRUCTION LLC
  • 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: 44-20-17-329-022
  • Lot: 168
  • Meridian: SEC 17 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1049
  • Longitude: -88.326

    Address

  • Full Address: 4803 Vahalla Dr
  • Address - House Number: 4803
  • Address - Street Name: Vahalla
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R017
  • 4-Digit Zip Code: 3331
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,985
  • Tax Rate Code Area: 4402

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 617,855
  • High Value: 743,918
  • Low Value: 491,792

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $397,000
  • First Open Lien Mortgage Lender: ARCOLA FIRST BANK
  • First Open Lien Mortgage Recording Date: Apr 08, 2020
  • First Open Lien Mortgage Financing Type: Unknown
  • First Open Lien Mortgage Loan Amount: $372,000
  • 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: Apr 01, 2050
  • Second Open Lien Mortgage Lender: BUSEY BANK
  • Second Open Lien Mortgage Recording Date: Dec 14, 2020
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $25,000
  • Second Open Lien Mortgage Term: 240
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Dec 15, 2040

    Market Valuation

  • Market Total Value: $474,240
  • Market Land Value: $69,150
  • Market Improvement Value: $405,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $158,080
  • Assessed Land Value: $23,050
  • Assessed Improvements Value: $135,030

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 14, 2020
  • Current Sale Recording Date: Apr 08, 2020
  • Current Sale Transaction ID: 11755324304
  • Current Sale Price: $465,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R05483
  • Previous Sale Recording Date: May 11, 2016
  • Previous Sale Contract Date: May 11, 2016
  • Previous Sale Amount: $495,000
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: ARCOLA FIRST BANK
  • First Mortgage Transaction Date: Apr 08, 2020
  • First Mortgage Loan Amount: $372,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2050

    Financing

  • First Mortgage Financing Type: Unknown

    Previous Mortgages

  • Previous Mortgage Lender: FIRST FSB OF CHAMPAIGN URBANA
  • Previous Mortgage Transaction Date: May 11, 2016
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $74,250
  • Previous Mortgage Term: 60
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2021

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Frequently Asked Questions

What neighborhood is 4803 Vahalla Drive located in?
The 4803 Vahalla Drive is a located in the neighborhood of Champaign City in Champaign, Champaign.
What is the average sales price for listings in 4803 Vahalla Drive?
The average sales price for units in 4803 Vahalla Drive is $0 currently.

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