508 Valley View Dr, Philo, IL 61864 Property Records

Champaign County property record for 508 Valley View Dr, Philo, IL 61864 · Last verified June 2026

Property Highlights

Property TypeResidential > Single Family > Home
Bathrooms1.5 Baths
Year BuiltBuilt 1992
Square Footage1,100 sqft Living Area
Lot Size19,784 sqft (0.454 acres)
GarageAttached, 288 sqft
OccupancyOwner Occupied
Last Sale$150,000 (2024)
Tax Bill$3,106.00 (2025)

Property Details

APN / Parcel Number

Primary APN19-27-23-456-002

Interior

Full Baths1.5 Baths
Partial Baths1 Partial Baths
Building Area1,100 sqft Living Area
Gross Area2,488 sqft Gross Area
1st Floor1,100 sqft 1st Floor
Basement Area1,100 sqft Basement
Stories1 Stories
Primary FlooringWood Flooring

Exterior

Year BuiltBuilt 1992
Effective Year BuiltEffective 1992
Architectural StyleA-Frame Style
Exterior MaterialStucco Exterior
Construction TypeFrame Construction
Foundation TypeNo Foundation Foundation
Roof MaterialOther (not Classified) Roof
Lot Area19,784 sqft (0.454 acres)
Parking Spaces1 Parking Spaces
Garage TypeAttached Garage
Garage Area288 sqft Garage

Utilities and HVAC

Cooling SystemCentral Cooling
Heating SystemCentral Heating

Location & Zoning

Street Address508 VALLEY VIEW DR
CityPHILO
StateIL
Zip61864-9624
Property UsageResidential Property Usage
TypeResidential > Single Family > Home
Legal DescriptionLOT 99 SHIPLEY ESTATES UNIT 3
Legal Range09E
Legal Township18N
Legal Section23
Legal SubdivisionSHIPLEY ESTATES UNIT 3
Legal Lot Number99
JurisdictionCHAMPAIGN IL
Minor Civil DivisionPHILO
Census Blockgroup2
Census Block2029
Census Tract10901

Owner

Source: Champaign County records · APN 19-27-23-456-002

Assessment roll updated April 29, 2026 · Last verified June 2026

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record2 Individual Names on File
Mailing Address508 VALLEY VIEW DR, PHILO, IL 61864-9624
OccupancyOwner Occupied
Owner TypeOwner is an Individual, Couple or Unincorporated Entity
VestingJoint Tenants

Deeds, Mortgages & Sale History

DateDocument
Sep 29, 2025Deed of Trust, Mortgage · Line of Credit
PHILO EXCHANGE BANK
Apr 03, 2024Warranty Deed, Transfer · Closed End Mortgage
PHILO EXCHANGE BANK

Assessor's Deed Record

Deed Names2 Verified Names on Deed
Last SaleApr 03, 2024 · Amount on Record
Deed SaleApr 03, 2024 · Amount on Record
Prior SaleDec 03, 2013 · Amount on Record
Deed Doc Number20244068
Record RefreshedSep 20, 2026

September 2025: Deed of Trust, Mortgage

Document TypeDeed of Trust
JurisdictionCHAMPAIGN IL
Property Address508 VALLEY VIEW DR, PHILO, IL 61864-9624
Transaction TypeMortgage
Record UpdatedOct 15, 2025

Transferred To (Grantee/Buyer)

NameVerified Name
Address508 VALLEY VIEW DR, PHILO, IL 61864-9624

Mortgage

Document Number0000014715
DateSep 29, 2025
Instrument2025R14715
Lender
NamePHILO EXCHANGE BANK
TypeBank
AddressPHILO, IL 61864
Agreement
TypeLine of Credit
AmountAmount Recorded
Term60 Months
DueSep 24, 2030
Interest
Rate TypeAdjustable Rate
Change FrequencyMonthly (Revolving credit lines are monthly unless stated otherwise).

April 2024: Warranty Deed, Transfer

Document TypeWarranty Deed
JurisdictionCHAMPAIGN IL
Recording DateApr 03, 2024
Property Address508 VALLEY VIEW DR, PHILO, IL 61864-9624
Document Number0000004068
Map ReferenceMB BB PG 101
Instrument DateMar 28, 2024
Instrument2024R04068
Transaction TypeTransfer
Record UpdatedApr 11, 2024
Title CompanyATTORNEY ONLY, ATTORNEY

Transaction

AmountAmount Recorded
DownpaymentDownpayment on File
Loan-to-Value (LTV)LTV on Record
Tax$150.00
Amount AccuracyRounded Values by County
Additional
  • Arms Length Transaction

Transferred From (Grantor/Seller)

NameVerified Name

Transferred To (Grantee/Buyer)

NameVerified Name
RelationshipJoint Tenant/Joint Tenant w/ Right Of Survivorship
Address568 VAWAY VIEW DR, PHILO, IL 61864

Mortgage

Document Number0000004069
DateApr 03, 2024
Instrument2024R04069
Lender
NamePHILO EXCHANGE BANK
TypeBank
Agreement
TypeClosed End Mortgage
AmountAmount Recorded
Term62 Months
DueJun 01, 2029

Tax Assessment & Valuation

Source: Champaign County records · Assessment roll updated April 29, 2026 · Last verified June 2026

Property Jurisdictions

TypeName
StateIllinois
CountyChampaign County
County SubdivisionPhilo Township
MunicipalityPhilo Village
Unified School DistrictTolono Community Unit School District 7 (KG - 12)

Tax Bill & Assessment History

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

YearTax BillAssessed ValueAssessed Market Value
2025$3,106.00 (+4.51%)$60,510 (+25.05%) Land $12,870 Building $47,640$181,530 (+25.05%) Land $38,610 Building $142,920
2024$2,972.00 (+9.95%)
2022$2,703.00 Homeowner's exemption$48,390 Land $10,290 Building $38,100$145,170 Land $30,870 Building $114,300

Flood & Wildfire

Source: FEMA National Flood Hazard Layer, Champaign County (17019C), updated July 14, 2021 · USDA Forest Service Wildfire Risk to Communities, 2nd edition (2024), fuels as of 2020 · Last verified October 2026

Flood

FEMA Flood ZoneZone X
Flood HazardMinimal
500-Year FloodplainNo
Special Flood Hazard AreaNo

Wildfire

Wildfire RiskLow
above 3% of the US · above 21% of Illinois
Wildfire LikelihoodLess than 1 in 10,000 per year
ExposureDirect
burnable vegetation at the parcel

Values are read at the parcel center point; lenders make the official flood determination.

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