$715,000
SOLD DEC 22, 2023

1012 W University Ave Champaign, IL 61821

5 Beds
4.5 Baths
3,219 Sq Ft
0.44 Acres

Recently Sold

$222 Per Sq Ft

3% Below List Price

6 Days on Market

Highlights

  • Landscaped Professionally
  • Mature Trees
  • Whirlpool Bathtub
  • Central High School Rated A
  • Wood Flooring
  • Home Gym

About This Home

As of December 2023

Wonderful opportunity to own a piece of Champaign history! If you are looking for craftsmanship with an emphasis on the quality of materials, natural beauty of its surroundings, and the excellent location of University Avenue, look no further than 1012 W University. This is where the past meets the present! When entering the property, you'll immediately notice a "new" garage, constructed in 2014, and beautiful brick driveway and paths. You'll truly feel at one with nature in the park like setting and if nature is your passion, you'll appreciate the beautifully landscaped 132 x 145 yard including koi pond, and widespread gardens. You can enjoy all that while sitting on the wraparound porch having your morning breakfast or evening favorite beverage. Inside you find beautiful hardwood flooring and extensive remodeling, including a gourmet kitchen designed and constructed by New Prairie Construction, restored baths, and many nice touches such as recreated lead glass windows upstairs. This home possesses five bedrooms, including two bedrooms that could be primary suites. Four full baths and one-half bath, living room and separate dining room, and a library and exercise room in the basement. This is a true showcase and needs to be at the top of your list of must-see homes in Champaign.

Last Agent to Sell the Property

Michael Hogue

RE/MAX REALTY ASSOCIATES-CHA License #475134094 Listed on: 09/11/2023

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Scott Bechtel

KELLER WILLIAMS-TREC License #471003745

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,428

Year Built

  • Built in 1914

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 132 x 145
  • Fenced Yard
  • Landscaped Professionally
  • Paved or Partially Paved Lot
  • Mature Trees

Parking

  • 2 Car Detached Garage
  • Parking Included in Price

Home Design

  • Asphalt Roof
  • Rubber Roof

Interior Spaces

  • 3,219 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Bar Fridge
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Formal Dining Room
  • Library
  • Home Gym
  • Wood Flooring

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Whirlpool Bathtub
  • Separate Shower

Laundry

  • Dryer
  • Washer
  • Sink Near Laundry

Finished Basement

  • Basement Fills Entire Space Under The House
  • Finished Basement Bathroom

Outdoor Features

  • Patio
  • Porch

Schools

  • Unit 4 Of Choice Elementary School
  • Champaign/Middle Call Unit 4 351
  • Central High School

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Steam

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,428

Year Built

Built in 1914

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 3 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 3 Stories
  • Year Built: 1914
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOTS 13, 14 BLOCK 2 MCKINLEY ADD
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Bar Fridge, Washer, Dryer, Range Hood
  • Basement: Full
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bathrooms: 5
  • Total Bedrooms: 5
  • Below Grade Finished Sq Ft: 992
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Bar-Wet, Hardwood Floors, Built-in Features, Walk-In Closet(s)
  • LivingArea: 3219
  • Room Type: Bedroom 5, Library, Exercise Room
  • Estimated Total Finished Sq Ft: 4211
  • Basement Description: Finished
  • Bathroom Amenities: Whirlpool,Separate Shower,Double Sink
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3219
  • Basement Sq Ft: 1193
  • Fireplace Location: Living Room
  • Total Sq Ft: 4412
  • Unfinished Basement Sq Ft: 201
  • Upper Level Sq Ft: 2026
  • Main Level Sq Ft: 1193
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • List Price: 740000
  • Lot Features: Fenced Yard, Landscaped, Mature Trees
  • Roof: Asphalt, Rubber, Other
  • Waterfront: No
  • Exterior Building Type: Brick,Stucco

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Steam, Heat Pump
  • Laundry Features: Sink
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Central High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351
  • Middle/Junior School District: 4

Lot Info

  • Lot Size Acres: 0.44
  • Lot Dimensions: 132 X 145
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 11427.62
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2023
Closed on
Dec 7, 2023
Sold by
Henry Lucas and Henry Patricia
Bought by
Goldsmith Peter D and Tamimie Courtney A
Seller's Agent
Michael Hogue
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Scott Bechtel
KELLER WILLIAMS-TREC
List Price
$740,000
Sold Price
$715,000
Premium/Discount to List
-$25,000
-3.38%
Views
46
Current Estimated Value
$623,171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$91,829
Avg. Annual Appreciation
-7.86%
Original Mortgage
$572,000
Outstanding Balance
$563,365
Interest Rate
7.44%
Mortgage Type
New Conventional
Estimated Equity
$59,806

Purchase Details

Listed on
May 22, 2019
Closed on
Jul 24, 2019
Sold by
Irwin David E and Bock June Kathryn
Bought by
Henry Lucas and Henry Patricia
Seller's Agent
Lisa Duncan
KELLER WILLIAMS-TREC
Buyer's Agent
Lisa Duncan
KELLER WILLIAMS-TREC
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.08%
Original Mortgage
$460,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2002
Sold by
Byers John G
Bought by
Yoerger Roger R and Wakeland Howard
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $715,000 None Listed On Document
Warranty Deed $575,000 Attorney
Warranty Deed $150,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $572,000 New Conventional
Previous Owner $460,000 New Conventional
Previous Owner $281,000 New Conventional
Previous Owner $310,000 New Conventional
Previous Owner $233,500 Unknown
Previous Owner $90,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2023 12/22/23 Sold $715,000 -3.4% $222 / Sq Ft
09/18/2023 09/18/23 Pending -- -- --
09/11/2023 09/11/23 For Sale $740,000 +28.7% $230 / Sq Ft
07/30/2019 07/30/19 Sold $575,000 +4.5% $179 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/22/2019 05/22/19 For Sale $550,000 -- $171 / 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 $12,193 $155,040 $47,660 $107,380
2023 $12,193 $141,210 $43,410 $97,800
2022 $11,428 $130,270 $40,050 $90,220
2021 $11,142 $127,710 $39,260 $88,450
2020 $10,709 $122,800 $37,750 $85,050
2019 $10,353 $120,270 $36,970 $83,300
2018 $9,762 $114,480 $36,390 $78,090
2017 $9,391 $113,830 $34,990 $78,840
2016 $8,403 $111,490 $34,270 $77,220
2015 $8,452 $109,510 $33,660 $75,850
2014 $8,380 $105,610 $33,660 $71,950
2013 $8,584 $108,960 $33,660 $75,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11874248

Midwest Real Estate Data (MRED)

APN: 42-20-11-431-011