NOT LISTED FOR SALE

1502 S Race St Unit 6 Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $124,000 - $139,000

2 Beds
1 Bath
875 Sq Ft
$358/mo HOA Fee

Last Sold July 28, 2023

Last sale price $125,500 $143 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $1,202/month

2 Days on Market

Highlights

  • Mature Trees
  • Tennis Courts
  • 1 Car Detached Garage
  • Wood Flooring
  • Formal Dining Room
  • 3-minute walk to Blair Park

About This Home

As of July 2023

Looking for a charming, well maintained, and updated 2 bedroom, 1 bathroom condominium in the historic district of Urbana?!?! Look no further than this second floor condo tucked away within a miles distance of The University of Illinois & Carle Hospital. You immediately feel at home as you approach this unit with the vintage architecture, mature landscaping, and canopied trees. As you enter the unit you can tell the current owner has really loved and taken care of this unit. Featuring an open entrance with storage, living space, separate dining space, updated kitchen, and 1 car garage parking space. The owner has done some wonderful updates to this unit including newer vinyl windows, renovated kitchen with new appliances, faucet, disposal, updated plumbing, Central A/C, recent interior paint, lighting fixtures, and parquet hardwood flooring. Additionally this condo is conveniently located to Blair Park and bus routes taking you throughout Champaign-Urbana. Where can you find an affordable condo like this in the area? You can't! Don't miss your chance at this magnificent condo before it's gone!

Last Agent to Sell the Property

Nate Evans

eXp Realty-Mahomet License #475124281 Listed on: 06/06/2023

eXp Realty-Mahomet

Co-Listed By

Matt Walters

eXp Realty-Mahomet License #475177948

Last Buyer's Agent

Michael Hogue

RE/MAX REALTY ASSOCIATES-CHA License #475134094

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,827

Year Built

  • Built in 1949

Lot Details

  • Mature Trees

HOA Fees

  • $358 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 875 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Formal Dining Room
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

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

Utilities

  • Central Air
  • Heating System Uses Steam

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, scavenger, snow removal
  • 6 Units

Amenities

  • Common Area

Recreation

  • Tennis Courts
  • Park

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,827

Year Built

Built in 1949

Lot Details

0

HOA Fees

$358 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1949
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Historical District
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Legal Description: UNIT 106 & GARAGE UNIT G-5 DELMONT VILLAGE APTS
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 875
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 875
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 875
  • Basement Sq Ft: 0
  • Total Sq Ft: 875
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 875
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Flooring: Hardwood
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 124900
  • Lot Features: Common Grounds, Mature Trees
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Steam
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 358
  • Association Amenities: Park, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: n/a
  • Management Contact Name: n/a
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Scavenger, Snow Removal

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 Dimensions: CONDO
  • Special Assessments: U

Rental Info

  • Board Number: 22
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 0

Tax Info

  • Tax Annual Amount: 2827.24
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 26, 2023
Sold by
Stanley Kerry L
Bought by
Gant Thomas A
Seller's Agent
Nate Evans
eXp Realty-Mahomet
Buyer's Agent
Michael Hogue
RE/MAX REALTY ASSOCIATES-CHA
List Price
$124,900
Sold Price
$125,500
Premium/Discount to List
$600
0.48%
Views
17
Current Estimated Value
$128,484

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,984
Avg. Annual Appreciation
0.68%

Purchase Details

Closed on
Jun 21, 2021
Sold by
Tomlinson Thomas and Tomlinson Kathryn S
Bought by
Stanley Kerry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2015
Closed on
Aug 28, 2015
Sold by
Kobel Randall W
Bought by
Tomlinson Thomas
Seller's Agent
Scott Bechtel
KELLER WILLIAMS-TREC
Buyer's Agent
Steve Littlefield
KELLER WILLIAMS-TREC
List Price
$75,900
Sold Price
$73,000
Premium/Discount to List
-$2,900
-3.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%

Purchase Details

Closed on
Sep 9, 2009
Sold by
Miller Mary J
Bought by
Kobel Randall W and Kobel Therese B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
4.95%
Mortgage Type
New Conventional
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
Gant Thomas A $125,500 None Listed On Document
Stanley Kerry L $73,000 Attorney
Tomlinson Thomas -- --
Kobel Randall W $83,500 Atgf Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Stanley Kerry L $50,000
Previous Owner Kobel Randall W $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2023 07/28/23 Sold $125,500 +0.5% $143 / Sq Ft
06/09/2023 06/09/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $124,900 +71.1% $143 / Sq Ft
08/28/2015 08/28/15 Sold $73,000 -3.8% $83 / Sq Ft
08/10/2015 08/10/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $75,900 -- $87 / 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 $1,608 $31,090 $6,770 $24,320
2023 $1,608 $28,370 $6,180 $22,190
2022 $2,827 $26,120 $5,690 $20,430
2021 $1,980 $24,340 $5,300 $19,040
2020 $2,469 $22,950 $5,000 $17,950
2019 $1,771 $22,950 $5,000 $17,950
2018 $2,389 $23,120 $5,040 $18,080
2017 $1,830 $23,120 $5,040 $18,080
2016 $1,820 $23,120 $5,040 $18,080
2015 $1,970 $23,120 $5,040 $18,080
2014 $2,179 $26,550 $5,300 $21,250
2013 $2,150 $26,550 $5,300 $21,250
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11801177

Midwest Real Estate Data (MRED)

APN: 93-21-17-453-131