NOT LISTED FOR SALE

1016 W University Ave Champaign, IL 61821

Estimated Value: $619,000 - $865,896

4 Beds
2.5 Baths
3,360 Sq Ft
$217/Sq Ft Est. Value

Last Sold March 18, 2022

Last sale price $700,000 $208 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,969/month

157 Days on Market

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 2022

Extraordinary 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!

Last Agent to Sell the Property

Creg McDonald

Realty Select One License #471008296 Listed on: 06/08/2021

Co-Listed By

Liz Mcdonald

Realty Select One License #471022702

Last Buyer's Agent

Creg McDonald

Realty Select One License #471008296 Listed on: 06/08/2021

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,876

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • ArchitecturalStyle: Mediterranean
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1926
  • Age: 91-100 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
  • Legal Description: LOT 10 & THE WEST 1/2 OF LOT 11, MCKINLEY ADDITION
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Built-In Oven
  • Basement: Full
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Elevator, Hardwood Floors, Heated Floors, Built-in Features
  • LivingArea: 3360
  • Other Equipment: TV-Cable, Security System, CO Detectors, Sump Pump, Backup Sump Pump;
  • Room Type: Sitting Room, Heated Sun Room, Foyer
  • Estimated Total Finished Sq Ft: 3360
  • Assessed Sq Ft: 1687
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 3360
  • Basement Sq Ft: 1430
  • Fireplace Location: Living Room
  • Total Sq Ft: 4790
  • Unfinished Basement Sq Ft: 1430
  • Upper Level Sq Ft: 1680
  • Attic: Pull Down Stair
  • Main Level Sq Ft: 1680
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Primary Bedroom Bath: None
  • Kitchen Flooring: Hardwood
  • Kitchen Type: Galley,Custom Cabinetry,Updated Kitchen
  • Living Room Flooring: Hardwood
  • Master Bedroom Flooring: Hardwood
  • Second Bedroom Flooring: Hardwood
  • Third Bedroom Flooring: Hardwood
  • Fourth Bedroom Flooring: Hardwood
  • Dining Room Flooring: Other

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Block
  • List Price: 750000
  • Lot Features: Landscaped
  • Roof: Tile
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks
  • 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

  • Additional Parcels: No
  • Lot Size Acres: 0.34
  • Lot Dimensions: 101X145.25
  • 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: 11875.96
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

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%
Current Estimated Value
$727,632

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,632
Avg. Annual Appreciation
-0.58%
Original Mortgage
$600,000
Outstanding Balance
$564,669
Interest Rate
3.76%
Mortgage Type
Balloon
Estimated Equity
$121,026

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
Source: Public Records

Range of Values:

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Average Value
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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
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

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 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11107197

Midwest Real Estate Data (MRED)

APN: 42-20-11-431-009