NOT LISTED FOR SALE

1103 S Busey Ave Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $408,422

-- Bed
-- Bath
-- Sq Ft
4,792 Sq Ft Lot

Last Sold February 28, 2022

Last sale price $345,000

Est. 18% increase in value since last sale

Current estimated payment $2,701/month

250 Days on Market

About This Home

As of February 2022

This 9 bedroom rooming house is nestled in a quite neighborhood close to campus. Let the charm of the architecture take you to a different time. Well kept and creative sellers.

Last Agent to Sell the Property

Noah Ruggieri

SVN | North Star License #471019691 Listed on: 03/05/2021

Last Buyer's Agent

Dan Gordon

RE/MAX REALTY ASSOCIATES-CHA License #471022027

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,772

Year Built

  • Built in 1947

Lot Details

  • 4,792

Interior Spaces

  • 2-Story Property
  • 1 Fireplace
  • Unfinished Basement

Additional Features

  • 4,792 Sq Ft Lot
  • Central Heating

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,772

Year Built

Built in 1947

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1947
  • Built Before 1978 (Y/N): Yes
  • Legal Description: LOTS PT 10, PT 11 ASSESSOR'S PLAT NW 1/4 SW 1/4 SEC. 17-19-9, ASSESSOR'S SUB OF LT E
  • Information: Show-Call Listing Office
  • Estimated Age: Older
  • ResoPropertyType: CommercialSale
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 1
  • Basement Description: Unfinished,Concrete (Basement)
  • Fireplaces: 1
  • Refrigerators: 2
  • Ranges: 1
  • Number of Washers: 1
  • Room: 0
  • Room: 0
  • Room: 0

Exterior Features

  • List Price: 349900

Utilities

  • Heat/Ventilation: Central Heat/Indiv Controls

Fee Information

  • Janitor Expense: 0

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.11
  • Lot Dimensions: 7259 SQ FT

Rental Info

  • Tenant Pays: Other
  • Board Number: 22

Multi Family

  • NumberOfUnitsTotal: 1
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 12772
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2023
Sold by
Adcock Carson Andrew
Bought by
Psalm 128 Properties Llc
Total Days on Market
250
Current Estimated Value
$408,422

Purchase Details

Listed on
Mar 5, 2021
Closed on
Jan 12, 2022
Sold by
Four Jd Guys Llc
Bought by
Adcock Carson Andrew
Seller's Agent
Noah Ruggieri
SVN | North Star
Buyer's Agent
Dan Gordon
RE/MAX REALTY ASSOCIATES-CHA
List Price
$349,900
Sold Price
$345,000
Premium/Discount to List
-$4,900
-1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%
Original Mortgage
$276,000
Interest Rate
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 14, 2010
Sold by
Brashear Derek R and Brashear Melissa Hill
Bought by
Four Jd Guys Llc

Purchase Details

Closed on
Apr 12, 2005
Sold by
Omo Osagie Gabriel
Bought by
Brashear Melissa Hill and Brashear Derek R
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Psalm 128 Properties Llc -- None Listed On Document
Adcock Carson Andrew -- None Listed On Document
Four Jd Guys Llc $439,000 None Available
Brashear Melissa Hill $917,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Adcock Carson Andrew $276,000
Previous Owner Brashear Melissa Hill $352,000
Previous Owner Brashear Melissa Hill $74,300
Closed Brashear Melissa Hill $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $345,000 -1.4% --
11/10/2021 11/10/21 Pending -- -- --
03/05/2021 03/05/21 For Sale $349,900 -- --
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 $15,158 $156,180 $40,300 $115,880
2023 $15,158 $142,500 $36,770 $105,730
2022 $14,203 $131,220 $33,860 $97,360
2021 $13,202 $122,300 $31,560 $90,740
2020 $12,772 $118,740 $30,640 $88,100
2019 $11,555 $110,570 $25,970 $84,600
2018 $9,666 $93,560 $21,970 $71,590
2017 $9,220 $86,270 $20,260 $66,010
2016 $9,169 $86,270 $20,260 $66,010
2015 $9,271 $86,270 $20,260 $66,010
2014 $9,146 $86,270 $20,260 $66,010
2013 $9,026 $86,270 $20,260 $66,010
Source: Public Records

Agents Affiliated with this Home

  • Noah Ruggieri

    Seller's Agent in 2022

    Noah Ruggieri

    SVN | North Star

    (217) 367-1700

    4 in this area

    27 Total Sales

    Noah Ruggieri
    Section Image
  • Dan Gordon

    Buyer's Agent in 2022

    Dan Gordon

    RE/MAX

    (217) 493-5956

    9 in this area

    371 Total Sales

    Dan Gordon
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11012731

Midwest Real Estate Data (MRED)

APN: 93-21-17-303-007

Illinois Champaign County Urbana 61801 West Urbana

1103 S Busey Ave, Urbana, IL

This home is located at 1103 S Busey Ave, Urbana, IL 61801 since 05 March 2021 and is currently estimated at $408,422. This property was built in 1947. 1103 S Busey Ave is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

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