NOT LISTED FOR SALE

1505 Mayfair Rd Champaign, IL 61821

Estimated Value: $278,000 - $376,000

5 Beds
4 Baths
3,524 Sq Ft
$98/Sq Ft Est. Value

Last Sold August 04, 2020

Last sale price $193,000 $55 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $2,349/month

36 Days on Market

Highlights

  • Deck
  • Recreation Room
  • Home Office
  • Centennial High School Rated A-
  • Corner Lot
  • 5-minute walk to Mayfair Park

About This Home

As of August 2020

Spacious 5 bedroom/3.5 bath home with full basement, 2 car garage and fenced yard. First floor includes a private study with wood floors, private 1st floor bedroom suite addition with cathedral ceiling, skylights. Dining room and living room w/fireplace and wood floors. Second floor offers another bedroom suite and 3 more bedrooms. The basement offers a 2nd fireplace and plenty of entertaining space. Exceptional fixer-upper sold in as is condition.

Last Agent to Sell the Property

Rose Price

LANDMARK REAL ESTATE License #475122445 Listed on: 03/11/2020

Last Buyer's Agent

Darnell Cox

RE/MAX REALTY ASSOCIATES-CHA License #471022439

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,258

Year Built

  • 1966

Lot Details

  • East or West Exposure
  • Corner Lot

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Aluminum Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Home Office
  • Recreation Room
  • Finished Basement
  • Partial Basement

Outdoor Features

  • Deck

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • $590 Seller Concession

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,258

Year Built

1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 51-60 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 3524
  • Type Detached: 2 Stories
  • Estimated Year Built: 1966
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 4733
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1966

Interior Features

  • Number Of Rooms: 12
  • Living Room: Dimensions: 15X25, On Level: Main Level, Flooring: Parquet
  • Basement: Partial
  • Basement: Finished
  • Bedrooms All Levels: 5
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 5
  • Laundry: Dimensions: 7X16, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 12X18, On Level: Main Level, Flooring: Parquet
  • Kitchen Type: Dimensions: 17X13, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: 5th Bedroom, Den, Recreation Room, Office
  • Master Bedroom: Dimensions: 21X16, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: 5th Bdrm, Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 2 Name: Den, Dimensions: 15X23, On Level: Basement, Flooring: Vinyl
  • Bedroom 2: Dimensions: 14X12, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 3 Name: Recreation Rm, Dimensions: 16X23, On Level: Basement, Flooring: Vinyl
  • Bedroom 3: Dimensions: 13X13, On Level: 2nd Level, Flooring: Carpet
  • Additional Room 4 Name: Office, Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 4: Dimensions: 15X12, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 3524
  • Estimated Total Finished Sq Ft: 4733
  • Basement Sq Ft: 1209
  • Basement Finished Sq Ft: 1209
  • Main Level Sq Ft: 2321
  • Upper Level Sq Ft: 1203
  • Family Room: Dimensions: 17X19, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Building Type: Aluminum Siding, Brick
  • Exterior Property Features: Deck
  • Exposure: E (East)
  • Acreage: 0.33

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Assessed Sq Ft: 2220

Schools

  • School District: 4
  • Elementary School: Unit 4 Of Choice
  • Middle School: Champaign/Middle Call Unit 4 351
  • High School: Central High School
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 123.6 X 119 X 123.5 X 111
  • Lot Description: Corner
  • Parcel Identification Number: 442014379012

Tax Info

  • Taxes: 7754.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 21, 2020
Sold by
Kowshik Sumant Jagadish and Vasudevan Shobha
Bought by
Baughman Jeremiah S
Current Estimated Value
$344,594

Purchase Details

Closed on
Jul 6, 2011
Sold by
Halberstam Heini and Halberstam Doreen
Bought by
Kowshik Sumant Jagadish

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,900
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2003
Sold by
Keck Frank D and Keck Kathryn P
Bought by
Halberstam Heini and Halberstam Doreen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
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
Baughman Jeremiah S $193,000 Attorney
Kowshik Sumant Jagadish $261,000 None Available
Halberstam Heini $255,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kowshik Sumant Jagadish $234,900
Previous Owner Halberstam Heini $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2020 08/04/20 Sold $193,000 -3.5% $55 / Sq Ft
04/16/2020 04/16/20 Pending -- -- --
03/23/2020 03/23/20 Price Changed $200,000 -9.1% $57 / Sq Ft
03/11/2020 03/11/20 For Sale $220,000 -- $62 / 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 $6,258 $82,770 $28,050 $54,720
2023 $6,258 $75,390 $25,550 $49,840
2022 $5,844 $69,550 $23,570 $45,980
2021 $5,693 $68,190 $23,110 $45,080
2020 $5,348 $64,330 $21,800 $42,530
2019 $7,941 $93,650 $21,350 $72,300
2018 $7,754 $92,170 $21,010 $71,160
2017 $7,466 $88,620 $20,200 $68,420
2016 $6,683 $86,790 $19,780 $67,010
2015 $6,724 $85,250 $19,430 $65,820
2014 $6,667 $85,250 $19,430 $65,820
2013 $6,607 $85,250 $19,430 $65,820
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10663504

Midwest Real Estate Data (MRED)

APN: 44-20-14-379-012