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705 LA Sell Drive

705 LA Sell Drive, Champaign, IL 61820
Property in Champaign City
Sold Sep 24, 2020
$222,500
$177,981 by Flat Branch Home Loans Inc
Mortgage Due Oct 01, 2050
705 LA Sell Drive has been categorized by the local assessors in Champaign, IL as a residential type of property. The building on the property was first built in 1963 and is 61 years old. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 13,700 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. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 576 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of brick veneer. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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 LA Sell Drive sold most recently in Sep 19, 2020 for a total of $222,500. If you work out the math, that's approximately a cost of $120.14 per sqft. 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 $5,725 in taxes each year. 705 LA Sell Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $68,260. If we break it down further, the land itself was valued at $22,930. Improvements to the property, however, were assessed at a total of $45,330. 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. 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!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

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Exterior Walls Type: Brick veneer
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Floor Count: 1
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 576
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 13,700
  • Total Building Area: 1,852
  • Building Area: 1,852
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LA SELL SUB
  • Land Acres: 0.315
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 31 LA SELL SUB

Ownership

  • Current Owner : HOLMES JUSTIN R
  • Current Owner 2: HOLMES ERICA M
  • Previous Owner : JEWELL WALTRAUD M
  • Previous Owner 2: THE WALTRAUD M TRUST
  • 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: 000500

Geography

  • District: 04
  • Parcel: 43-20-13-351-008
  • Lot: 31
  • Meridian: SEC 13 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1011
  • Longitude: -88.2546

    Address

  • Full Address: 705 La Sell Dr
  • Address - House Number: 705
  • Address - Street Name: La Sell
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C025
  • 4-Digit Zip Code: 6817
  • Zip Code: 61820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,725
  • Tax Rate Code Area: 4302

    Appraisal Valuation

  • Standard Deviation: 0.2059
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 279,497
  • High Value: 337,054
  • Low Value: 221,940

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $177,981
  • First Open Lien Mortgage Lender: FLAT BRANCH HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Sep 24, 2020
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $177,981
  • 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: Oct 01, 2050

    Market Valuation

  • Market Total Value: $204,780
  • Market Land Value: $68,790
  • Market Improvement Value: $135,990

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,260
  • Assessed Land Value: $22,930
  • Assessed Improvements Value: $45,330

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 19, 2020
  • Current Sale Recording Date: Sep 24, 2020
  • Current Sale Transaction ID: 11788826276
  • Current Sale Price: $222,500
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 2020R19607

    Last Sale Mortgage

  • First Mortgage Lender: FLAT BRANCH HOME LOANS INC
  • First Mortgage Transaction Date: Sep 24, 2020
  • First Mortgage Loan Amount: $177,981
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Oct 01, 2050

    Financing

  • First Mortgage Financing Type: Fixed Rate

About Champaign



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Frequently Asked Questions

What neighborhood is 705 LA Sell Drive located in?
The 705 LA Sell Drive is a located in the neighborhood of Champaign City in Champaign, Champaign.
What is the average sales price for listings in 705 LA Sell Drive?
The average sales price for units in 705 LA Sell Drive is $0 currently.

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