NOT LISTED FOR SALE

1214 E Olympian Rd Urbana, IL 61802

Estimated Value: $431,000 - $736,163

3 Beds
3 Baths
2,892 Sq Ft
$199/Sq Ft Est. Value

Last Sold May 30, 2024

Last sale price $695,000 $240 Per Sq Ft

Est. 17% decrease in value since last sale

Current estimated payment $3,465/month

2 Days on Market

Highlights

  • Barn
  • Second Garage
  • Deck
  • In Ground Pool
  • RV or Boat Parking
  • Vaulted Ceiling

About This Home

As of May 2024

This one is Special! This exceptional property, just minutes outside the North side of Urbana, presents a remarkable brick home nestled on expansive acreage adorned with an inviting inground pool and multiple sheds. 100% Meticulously reconstructed, this farm embodies perfection with top-notch craftsmanship and design collaboration. Approached via a private lane, the property captures you with its professionally landscaped grounds, immaculate upkeep, and attention to detail. Step inside to discover a seamless blend of natural tones and tasteful finishes, starting with a tiled foyer leading into a sprawling open floorplan graced by trendy wide-planked, light hardwood floors. The kitchen is the true focal point flexing custom cabinetry, an oversized island, and a breakfast bar, all accentuated by chic design elements. The kitchen seamlessly flows into the living room, featuring a striking brick accent wall complemented by an oversized wood-burning fireplace, creating a cozy ambiance. Adjacent to the kitchen is a separate dining room and a walk-in pantry, ensuring both convenience and functionality. Additional living spaces include a cozy sitting area and a bright breakfast nook, both flooded with natural light, providing intimate spaces for gatherings. Vaulted ceilings with exposed wood beams highlight several rooms, adding a touch of modern rustic charm and character. Step up to the second story loft, offering extra seating and entertainment space, perfect for relaxation or recreation. The master bedroom retreat showcases luxury living, flexing a spacious vaulted ceiling, exposed wood beams, and a tranquil spa-like bathroom. Sliders lead to a private deck featuring a hot tub, offering a private resort like oasis just steps away from the inviting inground pool. All this is surrounded by professional landscape that creates a resort-like atmosphere, complete with organic borders and privacy. From 2020-2021 the home was completely redone. It was completely "gutted" all the way to the studs, had the insulation removed for spray foam. Then replaced/installed ALL, plumbing, electrical, roof, a/c heat units (there are 2 hvac units), real wood floors, new kitchen, appliances, granite, etc. 2023-All sheds were painted. Front garage was remodeled to include plumbing, hvac, and turned into a showpiece of a garage. In 2022 pool was completely redone by Ohana in Urbana. New liner, new concrete floor, and all new mechanicals, and yes it's heated

Last Agent to Sell the Property

Nate Evans

eXp Realty-Mahomet License #475124281 Listed on: 03/21/2024

eXp Realty-Mahomet

Last Buyer's Agent

Lisa Rector

KELLER WILLIAMS-TREC License #475146101

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,603

Year Renovated

  • 2021

Lot Details

  • 1.8 Acre Lot
  • Lot Dimensions are 297x264
  • Backs to Open Ground
  • Paved or Partially Paved Lot

Parking

  • 2.5 Car Detached Garage
  • Second Garage
  • Garage ceiling height seven feet or more
  • Gravel Driveway
  • RV or Boat Parking
  • Parking Space is Owned

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

  • 2,892 Sq Ft Home
  • 1.5-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Entrance Foyer
  • Living Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Loft
  • Crawl Space
  • Laundry on main level

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Soaking Tub
  • Separate Shower

Pool

  • In Ground Pool
  • Spa

Outdoor Features

  • Deck
  • Patio
  • Separate Outdoor Workshop
  • Shed
  • Porch

Schools

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

Farming

  • Barn

Utilities

  • Forced Air Heating and Cooling System
  • Two Heating Systems
  • Heating System Uses Propane
  • Well
  • Private or Community Septic Tank

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,603

Year Renovated

2021

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Traditional
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2021
  • Legal Description: E262 S297 N792 E1/2 SW
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Range Hood
  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Hardwood Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Beamed Ceilings, Some Carpeting
  • LivingArea: 2892
  • Room Type: Breakfast Room, Loft, Pantry, Foyer
  • Estimated Total Finished Sq Ft: 2892
  • Basement Description: Crawl
  • Bathroom Amenities: Separate Shower,Double Sink,Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2892
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 2892
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 286
  • Main Level Sq Ft: 2606
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck, Patio, Porch, Hot Tub, In Ground Pool, Workshop
  • List Price: 699900
  • Lot Features: Backs to Open Grnd
  • OtherStructures: Barn(s), RV/Boat Storage, Second Garage, Shed(s), Garage(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2.5
  • ParkingTotal: 2.5
  • Driveway: Gravel
  • Garage Details: 7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Propane, Forced Air, Sep Heating Systems - 2+
  • Water Source: Private Well

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • 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
  • Middle/Junior School District: 116

Lot Info

  • Lot Size Acres: 1.8
  • Lot Dimensions: 297X264
  • Lot Size: 1.0-1.99 Acres
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 4603.3
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2024
Closed on
May 30, 2024
Sold by
Maier Matthew M and Maier Falonn C
Bought by
Harrison Daniel and Harrison Maria
Seller's Agent
Nate Evans
eXp Realty-Mahomet
Buyer's Agent
Lisa Rector
KELLER WILLIAMS-TREC
List Price
$699,900
Sold Price
$695,000
Premium/Discount to List
-$4,900
-0.7%
Views
17
Current Estimated Value
$576,041

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$118,959
Avg. Annual Appreciation
-12.98%
Original Mortgage
$625,431
Outstanding Balance
$490,942
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$85,099

Purchase Details

Closed on
Dec 29, 2021
Sold by
Lakey Robert W and Lakey Mary
Bought by
Maier Matthew M and Maier Falonn C

Purchase Details

Closed on
Apr 20, 2018
Sold by
Lakey Robert W and Lakey Mary E
Bought by
Lakey Farms Lllp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Harrison Daniel $695,000 None Listed On Document
Maier Matthew M $100,000 None Available
Lakey Robert W -- Attorney
Lakey Farms Lllp -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Harrison Daniel $625,431
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/30/2024 05/30/24 Sold $695,000 -0.7% $240 / Sq Ft
03/24/2024 03/24/24 Pending -- -- --
03/21/2024 03/21/24 For Sale $699,900 -- $242 / 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 $4,782 $69,560 $7,960 $61,600
2023 $4,782 $65,900 $7,460 $58,440
2022 $4,603 $62,460 $6,980 $55,480
2021 $4,399 $60,050 $6,640 $53,410
2020 $4,274 $58,520 $6,430 $52,090
2019 $4,063 $57,170 $6,250 $50,920
2018 $3,971 $56,400 $6,130 $50,270
2017 $3,976 $54,290 $5,840 $48,450
2016 $4,353 $53,140 $5,680 $47,460
2015 $4,282 $51,620 $5,460 $46,160
2014 $4,202 $51,620 $5,460 $46,160
2013 $4,138 $51,620 $5,460 $46,160
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12004108

Midwest Real Estate Data (MRED)

APN: 25-15-28-300-003