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706 North Prospect Avenue

706 North Prospect Avenue, Champaign, IL 61820
Sold Dec 06, 2023
$300,000
Sold Feb 22, 2018
$270,000
$270,000 by Fisher National Bank
Mortgage Due Feb 20, 2043
Local assessors in Champaign, IL have categorized 706 North Prospect Avenue as a residential type of property. The property's lot size has been calculated to be 3,828 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. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The property was last sold in Nov 22, 2023 for $300,000. Prior to that sales transaction, the property was also sold in Feb 20, 2018 for $270,000. 706 North Prospect Avenue was last assessed in 2022. The total value of the property was assessed at $31,220. Specifically, the land the property is located on was valued at $2,830. While improvements on the property were assessed at a total of $28,390. 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 $2,871. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly! 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

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

    Dimensions

  • Lot Size Square Feet: 3,828
  • 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: BIRCHS ADD
  • Land Acres: 0.087
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 24 BIRCHS ADD

Ownership

  • Current Owner : EP PROPERTY HOLDINGS LLC
  • Previous Owner : DALLAS JOSHUA L
  • Owner Before Previous Owner: ILLINI MAMANGEMENT LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 011001

Geography

  • District: 04
  • Parcel: 42-20-12-152-001
  • Lot: 24
  • Meridian: SEC 12 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1225
  • Longitude: -88.2577

    Address

  • Full Address: 706 N Prospect Ave
  • Address - House Number: 706
  • Street Direction: N
  • Address - Street Name: Prospect
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Champaign
  • Carrier Code: C017
  • 4-Digit Zip Code: 2813
  • Zip Code: 61820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,871
  • Tax Rate Code Area: 4202

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 124,421
  • High Value: 150,201
  • Low Value: 98,641

    Market Valuation

  • Market Total Value: $93,660
  • Market Land Value: $8,490
  • Market Improvement Value: $85,170

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,220
  • Assessed Land Value: $2,830
  • Assessed Improvements Value: $28,390

    Sales

  • Current Sale Contract Date: Nov 22, 2023
  • Current Sale Recording Date: Dec 06, 2023
  • Current Sale Transaction ID: 11918106087
  • Current Sale Price: $300,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 17095
  • Previous Sale Recording Date: Feb 22, 2018
  • Previous Sale Contract Date: Feb 20, 2018
  • Previous Sale Amount: $270,000
  • Previous Sale Document Type: Warranty Deed

    Previous Mortgages

  • Previous Mortgage Lender: FISHER NATIONAL BANK
  • Previous Mortgage Transaction Date: Feb 22, 2018
  • Previous Mortgage Loan Amount: $270,000
  • Previous Mortgage Term: 299
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage
  • Previous Mortgage Loan Due Date: Feb 20, 2043

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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 706 North Prospect Avenue located in?
The 706 North Prospect Avenue is a located in the neighborhood of Maple Street West in Maple Street West, Champaign.
What is the average sales price for listings in 706 North Prospect Avenue?
The average sales price for units in 706 North Prospect Avenue is $0 currently.

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