NOT LISTED FOR SALE

1402 W Beech St Urbana, IL 61801

King Park Neighborhood

Estimated Value: $79,766 - $102,000

2 Beds
2 Baths
922 Sq Ft
$96/Sq Ft Est. Value

Sale Details

Date Sold: November 4, 2024

Last sale price $82,000 $89 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $622 / mo

29 Days on Market

About This Home

As of November 2024

Fantastic opportunity to add to your portfolio with this charming duplex conveniently located near parks and school, plus just minutes from both hospitals and U of I campus! Both units offer 1 bedroom, 1 bath, a spacious living room and large kitchen with plenty of storage. Check out the full basement for bonus storage solutions. Start discovering instant income potential today!

Last Agent to Sell the Property

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 09/13/2024

Last Buyer's Agent

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 09/13/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,750

Year Built

  • Built in 1913

Lot Details

  • 6,621

Home Design

  • Duplex
  • Vinyl Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 66x132
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,750

Year Built

Built in 1913

Lot Details

6,621 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 12 BLOCK 10 SEMINARY ADD
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Elementary School: Urbana Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School

Lot Info

  • Lot Dimensions: 66X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 1749.8
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Nov 4, 2024
Sold by
Harvey Phillip
Bought by
Peng Nelson
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$89,900
Sold Price
$82,000
Premium/Discount to List
-$7,900
-8.79%
Views
45
Current Estimated Value
$88,442

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,442
Avg. Annual Appreciation
5.47%
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
Peng Nelson $82,000 None Listed On Document
Peng Nelson $82,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/04/2024 11/04/24 Sold $82,000 -8.8% $89 / Sq Ft
10/04/2024 10/04/24 Pending -- -- --
09/04/2024 09/04/24 For Sale $89,900 -- $98 / 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 $1,750 $18,030 $4,890 $13,140
2023 $1,750 $16,450 $4,460 $11,990
2022 $1,640 $15,150 $4,110 $11,040
2021 $1,524 $14,120 $3,830 $10,290
2020 $1,475 $13,710 $3,720 $9,990
2019 $1,433 $13,710 $3,720 $9,990
2018 $1,427 $13,810 $3,750 $10,060
2017 $1,444 $13,510 $3,670 $9,840
2016 $1,436 $13,510 $3,670 $9,840
2015 $1,452 $13,510 $3,670 $9,840
2014 $1,432 $13,510 $3,670 $9,840
2013 $1,472 $14,070 $3,820 $10,250
Source: Public Records

Agents Affiliated with this Home

  • Ryan Dallas

    Seller's Agent in 2024

    Ryan Dallas

    RYAN DALLAS REAL ESTATE

    (217) 239-7130

    31 in this area

    2,373 Total Sales

    Ryan Dallas
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12154927

Midwest Real Estate Data (MRED)

APN: 91-21-07-251-015

Illinois Champaign County Urbana 61801 King Park

1402 W Beech St, Urbana, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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