NOT LISTED FOR SALE

1316 Alms Dr Champaign, IL 61820

Estimated Value: $229,113 - $292,000

6 Beds
4 Baths
1,248 Sq Ft
$207/Sq Ft Est. Value

Last Sold June 15, 2018

Last sale price $195,000 $156 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $1,718/month

99 Days on Market

Highlights

  • Ranch Style House
  • 2 Car Detached Garage
  • Patio
  • Central High School Rated A
  • Garage ceiling height seven feet or more
  • Paved or Partially Paved Lot

About This Home

As of June 2018

Wonderful duplex with option to expand. This property has four kitchens, and is laid out as four single bedroom units. We have been renting it as a duplex, because there are only two furnaces and electrical panels. Upstairs and downstairs share a furnace, A/C and circuit breakers. Lower section has separate kitchen, laundry, living room, bathroom and bedroom. Extra Laundry machines at foot of stairs as well. Spacious 2 car garage with off street parking for at least 4 cars. This property could be part of a package. Other properties soon to be listed are: 403 S. Poplar, Urbana, and 1922A, 1916A, and 2203A Melrose in Colony West, 210 Avondale, in Champaign; 1601B and 1601C Lyndhurst in Savoy

Last Agent to Sell the Property

Neil Fotzler

Abe Lincoln Realty License #471001016 Listed on: 01/23/2018

Last Buyer's Agent

Neil Fotzler

Abe Lincoln Realty License #471001016 Listed on: 01/23/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,142

Year Built

  • Built in 1953 | Remodeled in 2007

Lot Details

  • 6,098 Sq Ft Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage ceiling height seven feet or more
  • Garage Door Opener
  • Off-Street Parking
  • Parking Included in Price
  • Assigned Parking

Home Design

  • Ranch Style House
  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 4 Bathrooms

Schools

  • Champaign Elementary School
  • Champaign Junior/Middle Call Uni
  • Central High School

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Patio

Community Details

Overview

  • 2 Units
  • Buena Vista Subdivision, Two Level Half Inc. Bsmt Floorplan

Building Details

  • Gross Income $24,960
  • Net Operating Income $19,093

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,142

Year Built

Built in 1953 | Remodeled in 2007

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Subdivision Name: Buena Vista
  • Year Built: 1953
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2007
  • Legal Description: PART OF LOTS 22,23 AND 46 OF BUENA VISTA ADDITION TO THE CITY OF CHAMPAIGN
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2007

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 6
  • Room Type: Kitchen
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer

Exterior Features

  • ExteriorFeatures: Patio, Storms/Screens, Cable Access
  • Foundation Details: Block
  • List Price: 199999
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Assigned, Off Street
  • ParkingTotal: 4
  • Garage Details: Garage Door Opener(s),7 Foot or more high garage door
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

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

Condo/Co-op/Association

  • Community Features: Street Paved

Fee Information

  • Other Expenses $: 6362

Schools

  • Elementary School: CHAMPAIGN ELEMENTARY SCHOOL
  • High School: CENTRAL HIGH SCHOOL
  • Middle/Junior School: CHAMPAIGN JUNIOR/MIDDLE CALL UNI
  • Middle/Junior School District: 4

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.14
  • Lot Dimensions: 6106 SQ. FT.
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Multi Family

  • Net Operating Income: 19093
  • GrossIncome: 24960
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Tax Info

  • Tax Annual Amount: 3141.56
  • Tax Year: 2016
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2021
Sold by
Richards Wendell G and Richards Hyun
Bought by
Keever Jordan
Current Estimated Value
$257,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,004
Outstanding Balance
$229,182
Interest Rate
3%
Mortgage Type
FHA
Estimated Equity
$1,009

Purchase Details

Listed on
Jan 23, 2018
Closed on
Jun 21, 2018
Sold by
Neil Fotzler Enterprises Llc
Bought by
Richards Wendell G and Richards Hyun
Seller's Agent
Neil Fotzler
Abe Lincoln Realty
Buyer's Agent
Neil Fotzler
Abe Lincoln Realty
List Price
$199,999
Sold Price
$195,000
Premium/Discount to List
-$4,999
-2.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.32%
Original Mortgage
$193,400
Interest Rate
4.6%
Mortgage Type
VA

Purchase Details

Closed on
Jun 4, 2008
Sold by
Walker Sylva R
Bought by
Fotzler Neil

Purchase Details

Closed on
May 8, 2008
Sold by
Walker Sylva R
Bought by
Walker Sylva R

Purchase Details

Closed on
Dec 28, 2005
Sold by
Walker Sylva R
Bought by
Walker Sylva R
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
Keever Jordan $253,000 Allied Capital Title
Richards Wendell G $194,500 Attorney
Fotzler Neil $100,000 None Available
Walker Sylva R -- None Available
Walker Sylva R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keever Jordan $248,004
Previous Owner Richards Wendell G $193,490
Previous Owner Richards Wendell G $193,400
Previous Owner Fotzler Neil $131,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $195,000 -2.5% $156 / Sq Ft
05/02/2018 05/02/18 Pending -- -- --
01/23/2018 01/23/18 For Sale $199,999 -- $160 / 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 $3,797 $52,820 $15,080 $37,740
2023 $3,797 $48,100 $13,730 $34,370
2022 $3,529 $44,380 $12,670 $31,710
2021 $3,983 $43,510 $12,420 $31,090
2020 $0 $41,830 $11,940 $29,890
2019 $3,712 $40,970 $11,690 $29,280
2018 $3,629 $40,330 $11,510 $28,820
2017 $3,504 $38,780 $11,070 $27,710
2016 $3,142 $37,980 $10,840 $27,140
2015 $3,166 $37,310 $10,650 $26,660
2014 $3,139 $37,310 $10,650 $26,660
2013 $3,110 $37,310 $10,650 $26,660
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09839733

Midwest Real Estate Data (MRED)

APN: 43-20-13-452-002