NOT LISTED FOR SALE

1002 E Colorado Ave Unit B Urbana, IL 61801

Southeast Urbana Neighborhood

Estimated Value: $154,000 - $201,000

3 Beds
3 Baths
1,800 Sq Ft
$225/mo HOA Fee

Last Sold July 17, 2023

Last sale price $170,000 $94 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $1,380/month

Highlights

  • Deck
  • Laundry Room
  • Combination Dining and Living Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Family Room

About This Home

As of July 2023

This is a large 3 bedroom 3 bath condo that's close to shopping and on the bus line. There is an open Living room/dining room condo that features a cathedral ceiling. Very spacious for relaxing and entertaining. There are 2 bedrooms on the 1st flor and a large master bedroom upstairs with it's own bathroom and lots of closet space. There is a nice sized deck just off of the living room. It has a galley kitchen for cooking convenience. There is new carpet in the bedrooms and the seller is offering to pay $4,000 for a flooring allowance or closing cost credit. Monthly fee is $225.

Last Agent to Sell the Property

Jim Waller

Coldwell Banker R.E. Group License #475129004 Listed on: 06/08/2023

Coldwell Banker R.E. Group

Last Buyer's Agent

Diane Dawson

RE/MAX REALTY ASSOCIATES-CHA License #475126019

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,039

Year Built

  • Built in 1989

Lot Details

  • 2,962

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Cedar

Interior Spaces

  • 1,800 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Laundry Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Outdoor Features

  • Deck

Schools

  • Wiley Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal
  • 2 Units
  • Kelli Association, Phone Number (217) 384-8001
  • Property managed by Weiner Companies

Pet Policy

  • Pets up to 50 lbs
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,039

Year Built

Built in 1989

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1989
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: No
  • Legal Description: LOT 1002B GLENWOOD OAK SUBD
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1800
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 1800
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1800
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Deck
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Weiner Companies
  • Management Contact Name: Kelli
  • Management Phone: 217-384-8001
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal, Other

Schools

  • Elementary School: Wiley Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 50

Tax Info

  • Tax Annual Amount: 2039.18
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 8, 2023
Closed on
Jul 17, 2023
Sold by
Ifr Holdings Llc
Bought by
Hall Lekisha A
Seller's Agent
Jim Waller
Coldwell Banker R.E. Group
Buyer's Agent
Diane Dawson
RE/MAX REALTY ASSOCIATES-CHA
List Price
$170,000
Sold Price
$170,000
Views
14
Current Estimated Value
$184,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,333
Avg. Annual Appreciation
3.39%
Original Mortgage
$10,000
Outstanding Balance
$1,438
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$182,895

Purchase Details

Closed on
Dec 27, 2016
Sold by
Neely Antwuan
Bought by
Ifr Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
3.94%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 6, 2008
Sold by
Ermakov Alexander and Klintsova Anna
Bought by
Anderson Amy C and Murray Kristen L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,020
Interest Rate
6.04%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hall Lekisha A $170,000 None Listed On Document
Ifr Holdings Llc -- None Available
Anderson Amy C $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hall Lekisha A $10,000
Open Hall Lekisha A $161,500
Previous Owner Ifr Holdings Llc $60,000
Previous Owner Anderson Amy C $133,020
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $170,000 0.0% $94 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $170,000 +150.7% $94 / Sq Ft
03/26/2017 03/26/17 Off Market $67,801 -- --
07/07/2015 07/07/15 Sold $67,801 -13.9% $38 / Sq Ft View Prior Sale
06/15/2015 06/15/15 Pending -- -- --
04/16/2015 04/16/15 For Sale $78,750 -- $44 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $2,231 $29,500 $8,690 $20,810
2023 $2,231 $26,920 $7,930 $18,990
2022 $2,039 $24,790 $7,300 $17,490
2021 $1,850 $23,100 $6,800 $16,300
2020 $1,702 $21,780 $6,410 $15,370
2019 $1,656 $21,780 $6,410 $15,370
2018 $1,651 $21,940 $6,460 $15,480
2017 $1,658 $21,470 $6,320 $15,150
2016 $2,287 $21,470 $6,320 $15,150
2015 $1,784 $21,470 $6,320 $15,150
2014 $3,860 $42,410 $6,650 $35,760
2013 $3,809 $42,410 $6,650 $35,760
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11798277

Midwest Real Estate Data (MRED)

APN: 93-21-21-108-008