NOT LISTED FOR SALE

Estimated Value: $107,414 - $125,000

2 Beds
2 Baths
308 Sq Ft
$372/Sq Ft Est. Value

Last Sold November 14, 2018

Last sale price $69,900 $227 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $803/month

186 Days on Market

Highlights

  • 1-Story Property
  • Heating System Uses Natural Gas
  • 2-minute walk to Victory Park
  • Paved or Partially Paved Lot

About This Home

As of November 2018

Live in the front house and rent rear separate studio apartment to help pay mortgage or purchase the property for a nice investment. Adjacent to a park and also community garden plots which can be rented. Or the rear free standing studio could be used as a man cave or other person. It contains a kitchen and full bath.

Last Agent to Sell the Property

Fred Dundore

RE/MAX REALTY ASSOCIATES-CHA License #471004043 Listed on: 04/16/2018

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Fred Dundore

RE/MAX REALTY ASSOCIATES-CHA License #471004043 Listed on: 04/16/2018

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,331

Lot Details

  • Lot Dimensions are 60 x 100
  • Paved or Partially Paved Lot

Home Design

  • Brick Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 1-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Schools

  • Leal Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,331

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 5 IN GROSSBACH PLACE SUBDIVISION
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Window Air Conditioner,Laundry Hook-Up,Range Hood
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Foundation Details: Brick/Mortar
  • List Price: 74900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Paved

Schools

  • Elementary School: Leal Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: 60 X 100
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 2331
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 1 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2018
Closed on
Nov 14, 2018
Sold by
Tran Hung B and Le Ngoc Nhung T
Bought by
Urbana Park District
Seller's Agent
Fred Dundore
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Fred Dundore
RE/MAX REALTY ASSOCIATES-CHA
List Price
$89,900
Sold Price
$69,900
Premium/Discount to List
-$20,000
-22.25%
Current Estimated Value
$114,471

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$44,571
Avg. Annual Appreciation
7.42%
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
Urbana Park District -- Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/14/2018 11/14/18 Sold $69,900 -6.7% $227 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
07/16/2018 07/16/18 Price Changed $74,900 -6.3% $243 / Sq Ft
06/07/2018 06/07/18 Price Changed $79,900 -11.1% $259 / Sq Ft
04/16/2018 04/16/18 For Sale $89,900 -- $292 / 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 $2,357 -- -- --
2022 $2,357 $0 $0 $0
2021 $2,357 $0 $0 $0
2020 $2,357 $0 $0 $0
2019 $2,357 $0 $0 $0
2018 $2,357 $22,810 $5,220 $17,590
2017 $2,438 $22,810 $5,220 $17,590
2016 $2,331 $21,930 $5,020 $16,910
2015 $2,357 $21,930 $5,020 $16,910
2014 $2,325 $21,930 $5,020 $16,910
2013 $2,294 $21,930 $5,020 $16,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09918489

Midwest Real Estate Data (MRED)

APN: 92-21-16-104-022