NOT LISTED FOR SALE

Estimated Value: $115,000 - $138,647

3 Beds
1 Bath
925 Sq Ft
$133/Sq Ft Est. Value

Last Sold November 14, 2024

Last sale price $105,000 $114 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $950/month

33 Days on Market

Highlights

  • 1 Car Detached Garage
  • Laundry Room
  • Central Air
  • Living Room
  • 1-Story Property
  • 3-minute walk to Crestview Park

About This Home

As of November 2024

Step into 1102 E. Florida in Urbana, where this charming 3-bedroom ranch awaits to welcome you. Nestled on a desirable corner lot, this cozy residence offers a blend of comfort and convenience that's hard to beat. You'll appreciate the easy access to public transportation with two MTD bus stops located just steps away, perfect for those on the go. The home itself has been thoughtfully updated, featuring a recently renovated full bathroom that brings modern convenience to its classic layout. The exterior is wrapped in low-maintenance vinyl, ensuring durability and freeing you from the worries of constant upkeep. As you step outside, you'll find a private, fenced rear yard that's perfect for unwinding after a long day or enjoying a sunny afternoon gardening, playing with pets, or hosting a weekend barbecue. Additional fencing in the front adds an extra layer of privacy and security, making this home feel like a true retreat in the heart of the city. Whether you're a first-time buyer eager to find a home that's move-in ready or someone looking to downsize into a more manageable space, this home offers immediate possession, allowing you to settle in and start personalizing your new space right away. While the property is being sold in "as-is" condition, it presents an exciting opportunity to customize it to fit your personal style and needs. With its affordable price point and prime location in Urbana, this is a home that's sure to capture your heart. Don't miss out on this gem-schedule your private viewing today and see for yourself how this lovely corner-lot ranch could be the perfect fit for your lifestyle!

Last Agent to Sell the Property

Max Mitchell

RE/MAX REALTY ASSOCIATES-CHA License #471002297 Listed on: 10/03/2024

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Kristin Yeadon

Pathway Realty, PLLC License #475199629

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,688

Year Built

  • Built in 1953

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 60 x 75 x 85

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,688

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1953
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 75 FAIRLAWN PARK 6TH ADD
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 925
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 925
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 925

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 50 X 60 X 75 X 85
  • 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: 3688
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Nov 14, 2024
Sold by
Bip Investments Llc
Bought by
Homer Emily
Seller's Agent
Max Mitchell
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Kristin Yeadon
Pathway Realty, PLLC
List Price
$115,000
Sold Price
$105,000
Premium/Discount to List
-$10,000
-8.7%
Views
9
Current Estimated Value
$123,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,162
Avg. Annual Appreciation
15.02%
Original Mortgage
$101,325
Outstanding Balance
$100,316
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$22,846

Purchase Details

Listed on
Oct 18, 2022
Closed on
Dec 9, 2022
Sold by
Lauer Andrew N
Bought by
Bip Investments Llc
Seller's Agent
Max Mitchell
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
List Price
$72,000
Sold Price
$72,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.59%
Original Mortgage
$73,600
Interest Rate
7.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2016
Sold by
Lach Timothy G
Bought by
Lauer Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,200
Interest Rate
3.62%

Purchase Details

Closed on
Jun 24, 2010
Sold by
Armstrong Christopher M
Bought by
Lach Timothy G and Lach Kathleen D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,400
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 2005
Sold by
Lewallen Michael
Bought by
Armstrong Christopher M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,250
Interest Rate
5.91%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Homer Emily $105,000 None Listed On Document
Homer Emily $105,000 None Listed On Document
Bip Investments Llc $6,000 --
Lauer Andrew $90,000 --
Lach Timothy G $98,000 None Available
Armstrong Christopher M $98,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Homer Emily $101,325
Closed Homer Emily $101,325
Previous Owner Bip Investments Llc $73,600
Previous Owner Lauer Andrew $67,200
Previous Owner Lauer Andrew --
Previous Owner Lach Timothy G $78,400
Previous Owner Armstrong Christopher M $95,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/14/2024 11/14/24 Sold $105,000 -8.7% $114 / Sq Ft
10/07/2024 10/07/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $115,000 0.0% $124 / Sq Ft
09/03/2024 09/03/24 For Sale $115,000 +59.7% $124 / Sq Ft
12/09/2022 12/09/22 Sold $72,000 0.0% $78 / Sq Ft View Prior Sale
10/22/2022 10/22/22 Pending -- -- --
10/18/2022 10/18/22 For Sale $72,000 -- $78 / 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 $3,688 $37,990 $11,810 $26,180
2023 $3,688 $34,670 $10,780 $23,890
2022 $2,807 $31,930 $9,930 $22,000
2021 $2,564 $29,750 $9,250 $20,500
2020 $2,461 $28,880 $8,980 $19,900
2019 $2,391 $28,880 $8,980 $19,900
2018 $2,384 $29,080 $9,040 $20,040
2017 $2,467 $29,080 $9,040 $20,040
2016 $2,453 $29,080 $9,040 $20,040
2015 $2,480 $29,080 $9,040 $20,040
2014 $2,447 $29,080 $9,040 $20,040
2013 $2,415 $29,080 $9,040 $20,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12153377

Midwest Real Estate Data (MRED)

APN: 92-21-16-381-003