NOT LISTED FOR SALE

1102 E Kerr Ave Urbana, IL 61802

East Urbana Neighborhood

Estimated Value: $90,000 - $166,000

3 Beds
1 Bath
960 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: February 28, 2019

Last sale price $100,000 $104 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $888 / mo

430 Days on Market

Highlights

  • 0.53 Acre Lot
  • Wooded Lot
  • Porch
  • Deck
  • 2 Car Detached Garage
  • 2-minute walk to Chief Shemauger Park

About This Home

As of February 2019

Zoning is County R3 Cows, Horses, Chicken & Pigs OK. Good location for small business etc

Last Agent to Sell the Property

Phillip Trautman

Champaign County Realty License #471001829 Listed on: 12/03/2017

Last Buyer's Agent

Phillip Trautman

Champaign County Realty License #471001829 Listed on: 12/03/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,506

Year Built

  • Built in 1946 | Remodeled in 2011

Lot Details

  • 23,087 Sq Ft Lot
  • Lot Dimensions are 100x215
  • Paved or Partially Paved Lot
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • No Garage
  • Parking Included in Price

Home Design

  • Bungalow
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • Entrance Foyer
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Bathroom

Outdoor Features

  • Deck
  • Patio
  • Porch

Schools

  • Thomas Paine Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Gross Income $18,000
  • Net Operating Income $15,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,506

Year Built

Built in 1946 | Remodeled in 2011

Lot Details

0.53 Acres

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Year Built: 1946
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2011
  • Legal Description: W 100' OF LOT 59 & 60 FRED C CARROLL'S SUB
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2011

Interior Features

  • Basement: Partial
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Room Type: Foyer
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch
  • Foundation Details: Block
  • Lot Features: Wooded
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: None/NA
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Street Paved

Fee Information

  • Other Expenses $: 2500

Schools

  • Elementary School: THOMAS PAINE ELEMENTARY SCHOOL
  • High School: URBANA HIGH SCHOOL
  • Middle/Junior School: URBANA MIDDLE SCHOOL

Lot Info

  • Lot Size Acres: 0.53
  • Lot Dimensions: 100X215
  • Zoning: OTHER
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 15500
  • GrossIncome: 18000
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 1506.4
  • Tax Year: 2017
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2021
Sold by
Jv All Star Llc
Bought by
Emkes Kyle and Emkes Melissa
Current Estimated Value
$138,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,000
Outstanding Balance
$85,105
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$53,077

Purchase Details

Closed on
May 18, 2020
Sold by
Emkes Kyle and Emkes Melissa
Bought by
Jv All Star Llc

Purchase Details

Listed on
Dec 3, 2017
Closed on
Feb 26, 2019
Sold by
Mnm3 Properties Llc 1102 & 1002 12 E Ker
Bought by
Emkes Kyle and Emkes Melissa
Seller's Agent
Phillip Trautman
Champaign County Realty
Buyer's Agent
Phillip Trautman
Champaign County Realty
List Price
$124,900
Sold Price
$100,000
Premium/Discount to List
-$24,900
-19.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.63%
Original Mortgage
$100,000
Interest Rate
5.25%
Mortgage Type
Second Mortgage Made To Cover Down Payment

Purchase Details

Closed on
Jan 17, 2012
Sold by
Baribldgs Llc
Bought by
Baribldgs Llc 1102 & 1102 E Kerr

Purchase Details

Closed on
Aug 25, 2011
Sold by
Kondaur Capital Corporation
Bought by
Baribldgs Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.58%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 11, 2011
Sold by
Ribbe Kathy I and Ribbe Raymond W
Bought by
Kondaur Capital Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
4.58%
Mortgage Type
Unknown
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
Emkes Kyle -- None Available
Jv All Star Llc -- None Available
Emkes Kyle $100,000 Attorney
Baribldgs Llc 1102 & 1102 E Kerr -- None Available
Baribldgs Llc $50,000 None Available
Kondaur Capital Corporation $60,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Emkes Kyle $94,000
Previous Owner Emkes Kyle $100,000
Previous Owner Baribldgs Llc $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2019 02/28/19 Sold $100,000 -19.9% $104 / Sq Ft
02/06/2019 02/06/19 Pending -- -- --
12/03/2017 12/03/17 For Sale $124,900 -- $130 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $1,873 $20,410 $11,360 $9,050
2023 $1,873 $19,310 $10,750 $8,560
2022 $1,748 $17,620 $9,810 $7,810
2021 $1,654 $16,690 $9,290 $7,400
2020 $983 $15,920 $8,860 $7,060
2019 $1,537 $15,920 $8,860 $7,060
2018 $1,488 $15,520 $8,640 $6,880
2017 $1,506 $15,180 $8,450 $6,730
2016 $865 $14,770 $8,220 $6,550
2015 $842 $14,430 $8,030 $6,400
2014 $1,459 $14,920 $8,300 $6,620
2013 $932 $15,730 $8,750 $6,980
Source: Public Records

Agents Affiliated with this Home

  • Phillip Trautman

    Seller's Agent in 2019

    Phillip Trautman

    Champaign County Realty

    (217) 202-1234

    7 in this area

    114 Total Sales

    Phillip Trautman
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09811948

Midwest Real Estate Data (MRED)

APN: 30-21-09-126-031

Illinois Champaign County Urbana 61802 East Urbana

1102 E Kerr Ave, Urbana, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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