NOT LISTED FOR SALE

1207 W University Ave Champaign, IL 61821

Estimated Value: $259,000 - $337,000

3 Beds
2 Baths
1,932 Sq Ft
$155/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $303,000 $157 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $2,104/month

12 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Attached Garage
  • Wood Burning Fireplace
  • Central High School Rated A
  • Central Air
  • Heating System Uses Natural Gas

About This Home

As of June 2024

Welcome to 1207 W University Ave! This stunning ranch-style home offers a blend of comfort and versatility. Featuring three spacious bedrooms and two modern bathrooms, this residence is perfect for living. The heart of the home is the cozy living room, complete with a wood-burning fireplace, perfect for those chilly evenings. A large dining room provides an ideal space for gatherings and entertaining guests. The home includes two inviting living spaces, offering plenty of room for relaxation and entertainment. The unfinished basement presents endless possibilities for customization, allowing you to create additional living space, a home gym, or a workshop. Outside, the fenced yard with a brand new deck offers a private oasis for outdoor activities and summer barbecues. The two-car garage provides ample parking and storage space. Don't miss the opportunity to make this beautiful, spacious home your own!

Last Agent to Sell the Property

Carol Meinhart

The Real Estate Group,Inc License #475127814 Listed on: 05/23/2024

The Real Estate Group,Inc

Last Buyer's Agent

Joanna Smith

Real Broker, LLC License #475182009

Real Broker, LLC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,906

Year Built

  • Built in 1946 | Remodeled in 2021

Lot Details

  • Lot Dimensions are 80x140

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 1,932 Sq Ft Home
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

  • Unit 4 Of Choice Elementary And Middle School
  • Centennial High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,906

Year Built

Built in 1946 | Remodeled in 2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1946
  • 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): Yes
  • Rehab Year: 2021
  • New Construction Y/N: No
  • Legal Description: LOT 4 BLOCK ELMWOOD ADDITION
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 1932
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1932
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1932
  • Basement Sq Ft: 624
  • Fireplace Location: Family Room
  • Total Sq Ft: 2556
  • Unfinished Basement Sq Ft: 624
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1932
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • List Price: 299900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Electric
  • 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: Unit 4 Of Choice
  • High School: Centennial High School
  • Middle/Junior School: Unit 4 Of Choice
  • Middle/Junior School District: 4

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 80X140
  • Rural (Y/N): N
  • 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: 5906
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2024
Closed on
Jun 26, 2024
Sold by
Cervantes Victor G and Cervantes Brenda Luz
Bought by
Singh Karandeep and Podila Lavanya
Seller's Agent
Carol Meinhart
The Real Estate Group,Inc
Buyer's Agent
Joanna Smith
Real Broker, LLC
List Price
$299,900
Sold Price
$303,000
Premium/Discount to List
$3,100
1.03%
Views
60
Current Estimated Value
$299,301

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,699
Avg. Annual Appreciation
-0.99%
Original Mortgage
$287,850
Outstanding Balance
$284,412
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$14,889

Purchase Details

Listed on
Feb 8, 2021
Closed on
Mar 26, 2021
Sold by
Brian Goettel Contracting Llc
Bought by
Cervantes Victor G and Cervantes Brenda Luz
Seller's Agent
Jesse Stauffer
Taylor Realty Associates
Buyer's Agent
Curtis Royse
The Real Estate Group,Inc
List Price
$230,000
Sold Price
$245,143
Premium/Discount to List
$15,143
6.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.72%
Original Mortgage
$195,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 13, 2020
Closed on
Nov 18, 2020
Sold by
Schultz Dorothy H
Bought by
Brian Goettel Contracting Llc
Seller's Agent
Phillip Trautman
Champaign County Realty
Buyer's Agent
Jesse Stauffer
Taylor Realty Associates
List Price
$125,000
Sold Price
$120,000
Premium/Discount to List
-$5,000
-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
832.17%
Original Mortgage
$104,550
Interest Rate
5%
Mortgage Type
Commercial
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
Singh Karandeep $303,000 None Listed On Document
Cervantes Victor G $245,500 Attorney
Brian Goettel Contracting Llc $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Karandeep $287,850
Previous Owner Cervantes Victor G $195,000
Previous Owner Brian Goettel Contracting Llc $104,550
Previous Owner Schultz Dorothy H $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2024 06/28/24 Sold $303,000 +1.0% $157 / Sq Ft
05/29/2024 05/29/24 Pending -- -- --
05/16/2024 05/16/24 For Sale $299,900 +22.3% $155 / Sq Ft
03/26/2021 03/26/21 Sold $245,143 +6.6% $127 / Sq Ft
02/11/2021 02/11/21 Pending -- -- --
02/08/2021 02/08/21 For Sale $230,000 +91.7% $119 / Sq Ft
12/01/2020 12/01/20 Sold $120,000 -4.0% $58 / Sq Ft
10/15/2020 10/15/20 Pending -- -- --
10/13/2020 10/13/20 For Sale $125,000 -- $61 / 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 $6,278 $76,440 $21,410 $55,030
2023 $6,278 $69,620 $19,500 $50,120
2022 $5,906 $64,230 $17,990 $46,240
2021 $5,765 $62,970 $17,640 $45,330
2020 $4,543 $60,550 $16,960 $43,590
2019 $4,376 $59,300 $16,610 $42,690
2018 $4,263 $58,370 $16,350 $42,020
2017 $4,087 $56,230 $15,750 $40,480
2016 $3,646 $55,080 $15,430 $39,650
2015 $3,658 $54,110 $15,160 $38,950
2014 $3,627 $54,110 $15,160 $38,950
2013 $3,594 $54,110 $15,160 $38,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12057913

Midwest Real Estate Data (MRED)

APN: 42-20-11-451-004