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705 Luria Lane

705 Luria Lane, Champaign, IL 61822
Property in Ashland Park
Sold Jul 31, 2020
$150,000
$120,000 by Marine Bank Springfield
Mortgage Due Aug 01, 2050
Sold Jul 17, 2006
$148,500
$140,650 by 2004-0000275 Llc
Mortgage Due Aug 01, 2036
This has been categorized as a residential property type. In total, the area measurement of the land is 5,185 square feet.

Learn more about the property and building on this page. 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, 705 Luria Lane sold most recently in Jul 30, 2020 for a total of $150,000. Before that, the property was also sold for $148,500 in Jul 13, 2006. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $4,161 in taxes each year. 705 Luria Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $51,250. If we break it down further, the land itself was valued at $11,560. Improvements to the property, however, were assessed at a total of $39,690. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 5,185
  • 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 2
  • Land Acres: 0.119
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 2114 ASHLAND PARK PHASE 2

Ownership

  • Current Owner : SHARMA VARUN
  • Current Owner 2: DHINSA JAS SIMRIT
  • Previous Owner : BHUTTA AMMAR A
  • Previous Owner 2: BHUTTA SIDRA
  • Owner Before Previous Owner: ATKINS CLINTON C
  • 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: 000800

Geography

  • District: 04
  • Parcel: 41-14-36-111-011
  • Lot: 2114
  • Meridian: SEC 36 TWN 20N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1541
  • Longitude: -88.2557

    Address

  • Full Address: 705 Luria Ln
  • Address - House Number: 705
  • Address - Street Name: Luria
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: R007
  • 4-Digit Zip Code: 1106
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,161
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 205,036
  • High Value: 251,475
  • Low Value: 158,598

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $120,000
  • First Open Lien Mortgage Lender: MARINE BANK SPRINGFIELD
  • First Open Lien Mortgage Recording Date: Jul 31, 2020
  • First Open Lien Mortgage Loan Amount: $120,000
  • 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: Aug 01, 2050

    Market Valuation

  • Market Total Value: $153,750
  • Market Land Value: $34,680
  • Market Improvement Value: $119,070

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,250
  • Assessed Land Value: $11,560
  • Assessed Improvements Value: $39,690

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 30, 2020
  • Current Sale Recording Date: Jul 31, 2020
  • Current Sale Transaction ID: 11776009825
  • Current Sale Price: $150,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R14820
  • Previous Sale Recording Date: Jul 17, 2006
  • Previous Sale Contract Date: Jul 13, 2006
  • Previous Sale Amount: $148,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: MARINE BANK SPRINGFIELD
  • First Mortgage Transaction Date: Jul 31, 2020
  • First Mortgage Loan Amount: $120,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: 2004-0000275 LLC
  • Previous Mortgage Transaction Date: Jul 17, 2006
  • Previous Mortgage Loan Amount: $140,650
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Aug 01, 2036

About Ashland Park



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Frequently Asked Questions

What neighborhood is 705 Luria Lane located in?
The 705 Luria Lane is a located in the neighborhood of Ashland Park in Ashland Park, Champaign.
What is the average sales price for listings in 705 Luria Lane?
The average sales price for units in 705 Luria Lane is $0 currently.

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