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707 East Washington Street

707 East Washington Street, Urbana, IL 61801
Property in Cunningham
Sold Jun 16, 2023
$199,000
$100,000 by Busey Bank
Mortgage Due Jul 01, 2053
Sold Jul 22, 2021
$187,500
$67,500 by Us Bank Na
Mortgage Due Aug 01, 2051
707 East Washington Street in Urbana, IL was first built in 1941 and is 83 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. In total, the area measurement of the land is 6,899 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of materials that we aren't sure of. For those who need parking, there is a detached garage. The garage is 224 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system. The property was last sold in May 12, 2023 for $199,000. That's $240.92 per sqft. Prior to that sales transaction, the property was also sold in Jul 7, 2021 for $187,500. 707 East Washington Street was last assessed in 2022. The total value of the property was assessed at $46,960. Specifically, the land the property is located on was valued at $9,930. While improvements on the property were assessed at a total of $37,030. 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 $4,434. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. 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

Vinyl Siding

Parking

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

Building Info

Overview

    General

  • Year Built: 1941
  • Effective Year Built: 1941
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Floor Count: 2
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 224
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,899
  • Total Building Area: 826
  • Building Area: 826
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HUBBARDS, MARTHA C., 3RD ADD
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 143 HUBBARDS, MARTHA C., 3RD ADD

Ownership

  • Current Owner : GEWIRTH CARMEN
  • Previous Owner : KUHN ANDREAS
  • Owner Before Previous Owner: CRAIN MATTHEW G
  • Owner Before Previous Owner 2: EBELING CORRINE V
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005601

Geography

  • District: 09
  • Parcel: 92-21-16-301-004
  • Lot: 143
  • Meridian: SEC 16 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.1055
  • Longitude: -88.1994

    Address

  • Full Address: 707 E Washington St
  • Address - House Number: 707
  • Street Direction: E
  • Address - Street Name: Washington
  • Address - Suffix Type: St
  • State: IL
  • City Name: Urbana
  • Carrier Code: C037
  • 4-Digit Zip Code: 4324
  • Zip Code: 61801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,434
  • Tax Rate Code Area: 9203

    Appraisal Valuation

  • Standard Deviation: 0.2252
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 201,698
  • High Value: 247,140
  • Low Value: 156,255

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $100,000
  • First Open Lien Mortgage Lender: BUSEY BANK
  • First Open Lien Mortgage Recording Date: Jun 16, 2023
  • First Open Lien Mortgage Loan Amount: $100,000
  • 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: Jul 01, 2053

    Market Valuation

  • Market Total Value: $140,880
  • Market Land Value: $29,790
  • Market Improvement Value: $111,090

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,960
  • Assessed Land Value: $9,930
  • Assessed Improvements Value: $37,030

    Sales

  • Current Sale Contract Date: May 12, 2023
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Transaction ID: 11908416222
  • Current Sale Price: $199,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 7981
  • Previous Sale Recording Date: Jul 22, 2021
  • Previous Sale Contract Date: Jul 07, 2021
  • Previous Sale Amount: $187,500
  • Previous Sale Document Type: Warranty Deed

    Last Sale Mortgage

  • First Mortgage Lender: BUSEY BANK
  • First Mortgage Transaction Date: Jun 16, 2023
  • First Mortgage Loan Amount: $100,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Jul 22, 2021
  • Previous Mortgage Financing Type: Unknown
  • Previous Mortgage Loan Amount: $67,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2051

About Urbana



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Frequently Asked Questions

What neighborhood is 707 East Washington Street located in?
The 707 East Washington Street is a located in the neighborhood of Cunningham in Urbana, Urbana.
What is the average sales price for listings in 707 East Washington Street?
The average sales price for units in 707 East Washington Street is $0 currently.

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