NOT LISTED FOR SALE

1502 E Olympian Rd Urbana, IL 61802

Estimated Value: $193,634 - $225,000

2 Beds
2 Baths
1,095 Sq Ft
$191/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $140,000 $128 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $1,449/month

99 Days on Market

Highlights

  • Deck
  • Garage
  • Forced Air Heating and Cooling System
  • Fenced Yard
  • Breakfast Bar

About This Home

As of November 2020

Looking for a little more land just outside of town? Look no further. Enjoy your coffee in the morning and the stars at night. Peaceful location with field in the back and front. Situated on 1.18 acres with part of the back yard privacy fenced and deck. 1 car attached garage. 2 car detached and garden shed also. Whole house generator could be a lifesaver for those Illinois winters. Windows replaced 2014, furnace 2010, sump 2018, carpets 2014. Shared well, septic, but Natural gas rather than propane. Home has been pre-inspected.

Last Agent to Sell the Property

Diana Sjuts

Coldwell Banker R.E. Group License #471017794 Listed on: 06/30/2020

Coldwell Banker R.E. Group

Last Buyer's Agent

Diane Dawson

RE/MAX REALTY ASSOCIATES-CHA License #475126019

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,999

Year Built

  • 1954

Lot Details

  • 1.2

Parking

  • Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Asphalt Shingled Roof

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Shared Well
  • Private or Community Septic Tank

Additional Features

  • Deck
  • Fenced Yard

Listing and Financial Details

  • $250 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,999

Year Built

1954

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1095
  • Type Detached: 1 Story
  • Estimated Year Built: 1954
  • Total Sq Ft: 1095
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1954

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X20, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Refrigerator, Washer, Dryer
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 7X8, On Level: Main Level, Flooring: Vinyl
  • Dining Room: Dimensions: 8X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 9X11, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 11X12, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1095
  • Estimated Total Finished Sq Ft: 1095
  • Main Level Sq Ft: 1095

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Deck
  • Acreage: 1.2

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached, Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Well-Shared
  • Sewer: Septic-Private
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 116
  • Elementary School: Yankee Ridge Elementary School
  • Middle School: Urbana Middle School
  • High School: Urbana High School
  • Junior High Dist: 116

Lot Info

  • Lot Dimensions: 156X330
  • Lot Description: Fenced Yard
  • Parcel Identification Number: 251528451007

Tax Info

  • Taxes: 3327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 30, 2020
Closed on
Nov 1, 2020
Sold by
Hays Ilene D and Simmons Ronna
Bought by
Walworth Charles A and Postley Kaitland T
Seller's Agent
Diana Sjuts
Coldwell Banker R.E. Group
Buyer's Agent
Diane Dawson
RE/MAX REALTY ASSOCIATES-CHA
List Price
$152,000
Sold Price
$140,000
Premium/Discount to List
-$12,000
-7.89%
Current Estimated Value
$209,659

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,659
Avg. Annual Appreciation
8.70%
Original Mortgage
$112,000
Outstanding Balance
$99,664
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$109,995

Purchase Details

Closed on
Sep 30, 2008
Sold by
Hays Ronald J and Hays Ilene D
Bought by
Hays Ronald J and Hays Ilene D
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
Walworth Charles A $140,000 Attorney
Hays Ronald J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Walworth Charles A $112,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2020 11/25/20 Sold $140,000 -3.4% $128 / Sq Ft
10/07/2020 10/07/20 Pending -- -- --
09/02/2020 09/02/20 Price Changed $144,900 -3.4% $132 / Sq Ft
07/11/2020 07/11/20 Price Changed $150,000 -1.3% $137 / Sq Ft
06/30/2020 06/30/20 For Sale $152,000 -- $139 / 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 $3,999 $53,420 $7,440 $45,980
2023 $3,999 $50,020 $6,970 $43,050
2022 $3,825 $46,840 $6,530 $40,310
2021 $3,634 $44,610 $6,220 $38,390
2020 $3,518 $43,180 $6,020 $37,160
2019 $3,332 $41,920 $5,840 $36,080
2018 $3,250 $41,220 $5,740 $35,480
2017 $3,235 $39,260 $5,470 $33,790
2016 $3,131 $38,190 $5,320 $32,870
2015 $3,054 $36,790 $5,120 $31,670
2014 $2,995 $36,790 $5,120 $31,670
2013 $2,070 $36,790 $5,120 $31,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10745955

Midwest Real Estate Data (MRED)

APN: 25-15-28-451-007