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512 Corey Lane

512 Corey Lane, Champaign, IL 61822
Property in Ashland Park
Sold Sep 03, 2010
$121,500
$65,000 by Pnc Mortgage Llc
Mortgage Due Sep 01, 2025
Sold Nov 15, 2005
$130,500
Local assessors in Champaign, IL have categorized 512 Corey Lane as a residential type of property. The property's lot size has been calculated to be 5,391 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, 512 Corey Lane sold most recently in Aug 23, 2010 for a total of $121,500. Before that, the property was also sold for $130,500 in Nov 10, 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 $2,728 in taxes each year. 512 Corey Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $47,040. If we break it down further, the land itself was valued at $11,900. Improvements to the property, however, were assessed at a total of $35,140. 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: 5,391
  • 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: ASHLAND PARK PHASE 1
  • Land Acres: 0.124
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 1084 ASHLAND PARK PHASE 1

Ownership

  • Current Owner : HENRY KAREN S
  • Current Owner 2: HENRY DAVID
  • Previous Owner : YOUNG TIMOTHY CHARLES
  • Previous Owner 2: YOUNG VALORIE THERESA
  • Owner Before Previous Owner: ATKINS CLINTON C
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000800

Geography

  • District: 04
  • Parcel: 41-14-36-105-037
  • Lot: 1084
  • Meridian: SEC 36 TWN 20N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1516
  • Longitude: -88.2535

    Address

  • Full Address: 512 Corey Ln
  • Address - House Number: 512
  • Address - Street Name: Corey
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: R007
  • 4-Digit Zip Code: 1049
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,728
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 193,569
  • High Value: 237,411
  • Low Value: 149,728

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $65,000
  • First Open Lien Mortgage Lender: PNC MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Sep 03, 2010
  • First Open Lien Mortgage Loan Amount: $65,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2025

    Market Valuation

  • Market Total Value: $141,120
  • Market Land Value: $35,700
  • Market Improvement Value: $105,420

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $47,040
  • Assessed Land Value: $11,900
  • Assessed Improvements Value: $35,140

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 23, 2010
  • Current Sale Recording Date: Sep 03, 2010
  • Current Sale Transaction ID: 1131054510
  • Current Sale Price: $121,500
  • Current Sale Document Type: Joint Tenancy Deed
  • Current Sale Input Document Number: 2010R19964
  • Previous Sale Recording Date: Nov 15, 2005
  • Previous Sale Contract Date: Nov 10, 2005
  • Previous Sale Amount: $130,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 03, 2010
  • First Mortgage Loan Amount: $65,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2025

About Ashland Park



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Frequently Asked Questions

What neighborhood is 512 Corey Lane located in?
The 512 Corey Lane is a located in the neighborhood of Ashland Park in Ashland Park, Champaign.
What is the average sales price for listings in 512 Corey Lane?
The average sales price for units in 512 Corey Lane is $0 currently.

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