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2903 Timbergate Road

2903 Timbergate Road, Champaign, IL 61822
Sold Jun 17, 2020
$260,000
$244,000 by First Fsb Of Champaign Urbana
Mortgage Due Jul 01, 2035
2903 Timbergate Road 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 10,534 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. 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, 2903 Timbergate Road sold most recently in Jun 16, 2020 for a total of $260,000. 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 $7,384 in taxes each year. 2903 Timbergate Road was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $86,300. If we break it down further, the land itself was valued at $20,870. Improvements to the property, however, were assessed at a total of $65,430. 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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
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: 10,534
  • 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: CHERRY HILLS 7TH ADD
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 320 CHERRY HILLS 7TH ADD

Ownership

  • Current Owner : NEFF JAMESON MURPHY
  • Current Owner 2: GARIMELLA ANNAPURNA ANANDA
  • Previous Owner : POOK SUNNY K
  • Previous Owner 2: POOK MOI LAU
  • 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: 001204

Geography

  • District: 04
  • Parcel: 46-20-27-302-016
  • Lot: 320
  • Meridian: SEC 27 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0765
  • Longitude: -88.2901

    Address

  • Full Address: 2903 Timbergate Rd
  • Address - House Number: 2903
  • Address - Street Name: Timbergate
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Champaign
  • Carrier Code: R010
  • 4-Digit Zip Code: 7569
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,384
  • Tax Rate Code Area: 4602

    Appraisal Valuation

  • Standard Deviation: 0.2069
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 349,009
  • High Value: 421,241
  • Low Value: 276,778

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $244,000
  • First Open Lien Mortgage Lender: FIRST FSB OF CHAMPAIGN URBANA
  • First Open Lien Mortgage Recording Date: Jun 17, 2020
  • First Open Lien Mortgage Loan Amount: $244,000
  • 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: Jul 01, 2035

    Market Valuation

  • Market Total Value: $258,900
  • Market Land Value: $62,610
  • Market Improvement Value: $196,290

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $86,300
  • Assessed Land Value: $20,870
  • Assessed Improvements Value: $65,430

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 16, 2020
  • Current Sale Recording Date: Jun 17, 2020
  • Current Sale Transaction ID: 11768777999
  • Current Sale Price: $260,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2020R10824

    Last Sale Mortgage

  • First Mortgage Lender: FIRST FSB OF CHAMPAIGN URBANA
  • First Mortgage Transaction Date: Jun 17, 2020
  • First Mortgage Loan Amount: $244,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2035

About Champaign



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2903 Timbergate Road located in?
The 2903 Timbergate Road is a house located in the neighborhood of Champaign City in Champaign, Champaign.
What is the average sales price for listings in 2903 Timbergate Road?
The average sales price for units in 2903 Timbergate Road is $275,000 , or $109/sqft. currently.

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