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60 Chestnut Court

60 Chestnut Court, Champaign, IL 61822
House in Champaign
Sold Aug 20, 2020
$237,000
$189,600 by Midland States Bank
Mortgage Due Sep 01, 2050
Sold Oct 17, 2019
$217,500
60 Chestnut Court has been categorized by the local assessors in Champaign, IL as a residential type of property. The area measurement of the land has been determined as 20,040 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. The property was last sold in Aug 13, 2020 for $237,000. Prior to that sales transaction, the property was also sold in Sep 26, 2019 for $217,500. 60 Chestnut Court was last assessed in 2022. The total value of the property was assessed at $98,730. Specifically, the land the property is located on was valued at $24,280. While improvements on the property were assessed at a total of $74,450. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $6,752. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Exterior

Cedar Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 20,040
  • 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: LAKE PARK SUB NO 3 AND OTHER LAND
  • Land Acres: 0.46
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 60 LAKE PARK SUB NO 3

Ownership

  • Current Owner : BRAVO MARIA LETICIA MICHEL
  • Previous Owner : FANNIE MAE
  • Owner Before Previous Owner: DICKSON STEWART P
  • Owner Before Previous Owner 2: DICKSON REBECKA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001400

Geography

  • District: 03
  • Parcel: 03-20-36-281-007
  • Lot: 60
  • Meridian: SEC 36 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0636
  • Longitude: -88.2388

    Address

  • Full Address: 60 Chestnut Ct
  • Address - House Number: 60
  • Address - Street Name: Chestnut
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Champaign
  • Carrier Code: R002
  • 4-Digit Zip Code: 7121
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,752
  • Tax Rate Code Area: 304

    Appraisal Valuation

  • Standard Deviation: 0.2069
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 357,771
  • High Value: 431,816
  • Low Value: 283,726

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $189,600
  • First Open Lien Mortgage Lender: MIDLAND STATES BANK
  • First Open Lien Mortgage Recording Date: Aug 20, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $189,600
  • 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: Sep 01, 2050

    Market Valuation

  • Market Total Value: $296,190
  • Market Land Value: $72,840
  • Market Improvement Value: $223,350

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,730
  • Assessed Land Value: $24,280
  • Assessed Improvements Value: $74,450

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2020
  • Current Sale Recording Date: Aug 20, 2020
  • Current Sale Transaction ID: 11783324550
  • Current Sale Price: $237,000
  • Current Sale Document Type: Special Warranty Deed
  • Current Sale Input Document Number: 2020R16581
  • Previous Sale Recording Date: Oct 17, 2019
  • Previous Sale Contract Date: Sep 26, 2019
  • Previous Sale Amount: $217,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MIDLAND STATES BANK
  • First Mortgage Transaction Date: Aug 20, 2020
  • First Mortgage Loan Amount: $189,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Champaign



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 60 Chestnut Court located in?
The 60 Chestnut Court is a house located in the neighborhood of Champaign in Champaign, Champaign.
What is the average sales price for listings in 60 Chestnut Court?
The average sales price for units in 60 Chestnut Court is $243,900 , or $105/sqft. currently.

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