1016 W University Ave Champaign, IL 61821
Estimated Value: $641,000 - $760,086
4
Beds
2.5
Baths
3,360
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- Heated Floors
- Landscaped Professionally
- Heated Sun or Florida Room
- Central High School Rated A
- Mediterranean Architecture
- 5-minute walk to Davidson Park
About This Home
As of March 2022Extraordinary home designed and built in 1926 with Spanish Mediterranean influences. So many stunning details have been meticulously preserved including exterior iron accents, custom millwork, a gracious staircase and one of the best front doors in all of C-U! The recent kitchen renovation makes modern living easy with stunning painted cabinetry, marble countertops, farmhouse sink and high end appliances. The formal dining room provides a warm and cozy space perfect for entertaining. The first floor sunporch provides an amazing 2nd living space flooded with natural light. The living room boasts original wood beams, arched windows, a masonry fireplace and built in display cabinetry. Entry from the back door finds you in the rear with access to powder room and fully functioning elevator. The 2nd floor offers 4 bedrooms and 2 fully renovated baths. There's an additional sunporch adjacent to the master bedroom providing a peaceful sitting area with beautiful views. Enjoy "The Ave" from the blue slate terrace overlooking recently re-landscaped front yard. This gracious floor plan allows easy living and entertaining with flowing spaces and stunning elements throughout the house and grounds. Fabulous location close to downtown and University of Illinois. Don't miss this remarkable opportunity to own a one of a kind home!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11,876
Year Built
- Built in 1926
Lot Details
- 0.34 Acre Lot
- Lot Dimensions are 101x145.25
- Landscaped Professionally
Parking
- 2 Car Detached Garage
- Parking Included in Price
Home Design
- Mediterranean Architecture
- Block Foundation
- Tile Roof
- Stucco
Interior Spaces
- 3,360 Sq Ft Home
- 2-Story Property
- Elevator
- Built-In Features
- Wood Burning Fireplace
- Entrance Foyer
- Living Room with Fireplace
- Sitting Room
- Formal Dining Room
- Heated Sun or Florida Room
- Pull Down Stairs to Attic
Kitchen
- Built-In Oven
- Range
- Microwave
- High End Refrigerator
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Wood
- Heated Floors
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Sump Pump
Home Security
- Home Security System
- Carbon Monoxide Detectors
Outdoor Features
- Patio
Schools
- Unit 4 Of Choice Elementary School
- Champaign/Middle Call Unit 4 351
- Central High School
Utilities
- Central Air
- Heating System Uses Steam
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 8, 2021
Closed on
Mar 8, 2022
Sold by
Barr John V and Barr Lori A
Bought by
Denny Steven Roger and Denny Alecia Ann
Seller's Agent
Creg McDonald
Realty Select One
Buyer's Agent
Creg McDonald
Realty Select One
List Price
$790,000
Sold Price
$700,000
Premium/Discount to List
-$90,000
-11.39%
Total Days on Market
157
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,305
Avg. Annual Appreciation
-0.35%
Original Mortgage
$600,000
Outstanding Balance
$564,669
Interest Rate
3.76%
Mortgage Type
Balloon
Estimated Equity
$127,548
Purchase Details
Closed on
Jul 29, 2003
Sold by
Brown John M and Brown Susan I
Bought by
Barr John and Barr Lori A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,650
Interest Rate
5.31%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in Champaign, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Denny Steven Roger | $700,000 | None Listed On Document | |
| Barr John | $453,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Denny Steven Roger | $600,000 | |
| Previous Owner | Barr John | $277,000 | |
| Previous Owner | Barr John | $90,000 | |
| Previous Owner | Barr John | $322,650 | |
| Closed | Barr John | $41,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/18/2022 03/18/22 | Sold | $700,000 | -11.4% | $208 / Sq Ft |
| 11/13/2021 11/13/21 | Pending | -- | -- | -- |
| 06/08/2021 06/08/21 | For Sale | $790,000 | -- | $235 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $13,512 | $171,110 | $36,760 | $134,350 |
| 2023 | $13,512 | $155,840 | $33,480 | $122,360 |
| 2022 | $12,669 | $143,770 | $30,890 | $112,880 |
| 2021 | $12,354 | $140,950 | $30,280 | $110,670 |
| 2020 | $11,876 | $135,530 | $29,120 | $106,410 |
| 2019 | $11,483 | $132,740 | $28,520 | $104,220 |
| 2018 | $11,217 | $130,650 | $28,070 | $102,580 |
| 2017 | $10,809 | $125,620 | $26,990 | $98,630 |
| 2016 | $9,680 | $123,030 | $26,430 | $96,600 |
| 2015 | $9,745 | $120,850 | $25,960 | $94,890 |
| 2014 | $9,662 | $120,850 | $25,960 | $94,890 |
| 2013 | $9,575 | $120,850 | $25,960 | $94,890 |
Source: Public Records
Agents Affiliated with this Home
-
Creg McDonald
Seller's Agent in 2022
Creg McDonald
Realty Select One
(217) 493-8341
824 Total Sales
-
Liz Mcdonald
Seller Co-Listing Agent in 2022
Liz Mcdonald
Realty Select One
(217) 649-8471
114 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11107197
APN: 42-20-11-431-009
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