NOT LISTED FOR SALE

1506 Ogelthorpe Ave Urbana, IL 61802

East Urbana Neighborhood

Estimated Value: $251,000 - $268,000

4 Beds
3 Baths
2,002 Sq Ft
$129/Sq Ft Est. Value

Last Sold March 01, 2017

Last sale price $143,000 $71 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $1,844/month

87 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • 3-minute walk to Savannah Green
  • Breakfast Bar

About This Home

As of March 2017

STEP INTO THE 2-STORY ENTRY OF THIS GREAT VALUE IN EAST URBANA. WELL MAINTAINED HOME WITH FULL BASEMENT! OAK KITCHEN AND CERAMIC TILE THROUGHOUT THE ENTRY, KITCHEN, AND LAUNDRY. FAMILY ROOM WITH FIREPLACE. PROPERTY INCLUDES A MASTER SUITE WITH VAULTED CEILINGS, LARGE CLOSETS AND SPACIOUS BATH. THE BASEMENT IS AWAITING YOUR PERSONAL TOUCH...FINISH IT OUT THE WAY YOU WANT IT! PERFECT SIZE FOR JUST ABOUT ANY HOBBY OR LIVING NEED. THE OVERSIZED GARAGE PROVIDES AMPLE STORAGE. GREAT LOCATION AND PRICE!!! SCHEDULE YOUR SHOWING TODAY!

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 10/03/2016

Last Buyer's Agent

Creg McDonald

Realty Select One License #471008296

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,422

Year Built

  • 2003

Lot Details

  • 5,663

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Vinyl Siding

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Basement Fills Entire Space Under The House

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,422

Year Built

2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 2996
  • Unfinished Basement Sq Ft: 994
  • Type Detached: 2 Stories
  • Estimated Year Built: 2003
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2003

Interior Features

  • Number Of Rooms: 8
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Fireplace Location: Family Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Laundry: Dimensions: 6X5, On Level: Main Level, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 14X11, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 14X14, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X10, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 12X11, On Level: 2nd Level, Flooring: Carpet
  • Estimated Sq Ft: 2002
  • Estimated Total Finished Sq Ft: 2002
  • Basement Sq Ft: 994
  • Main Level Sq Ft: 1119
  • Upper Level Sq Ft: 883
  • Dining Room Type: Separate
  • Family Room: Dimensions: 15X12, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.13

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 116
  • Junior High Dist: 116

Lot Info

  • Lot Dimensions: 46X119
  • Parcel Identification Number: 912115387019

Tax Info

  • Taxes: 5137.84

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2016
Closed on
Mar 1, 2017
Sold by
Welle Kennth and Moffitt Letitia
Bought by
Mcfarland Nakia
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Creg McDonald
Realty Select One
List Price
$147,000
Sold Price
$143,000
Premium/Discount to List
-$4,000
-2.72%
Current Estimated Value
$257,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,478
Avg. Annual Appreciation
7.09%
Original Mortgage
$138,710
Outstanding Balance
$115,046
Interest Rate
4.09%
Mortgage Type
New Conventional
Estimated Equity
$141,198

Purchase Details

Closed on
Jul 9, 2013
Sold by
Chang Robert
Bought by
Welle Kenneth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,800
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2012
Sold by
Chang David
Bought by
Chang Robert

Purchase Details

Closed on
Aug 12, 2003
Sold by
V-M Llc
Bought by
Chang Robert and Chang David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcfarland Nakia $95,333 Attorney
Welle Kenneth $148,500 None Available
Chang Robert -- None Available
Chang Robert $151,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcfarland Nakia $138,710
Previous Owner Welle Kenneth $20,000
Previous Owner Welle Kenneth $118,800
Previous Owner Chang Robert $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2017 03/01/17 Sold $143,000 -2.7% $71 / Sq Ft
12/29/2016 12/29/16 Pending -- -- --
10/03/2016 10/03/16 For Sale $147,000 -- $73 / 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 $5,422 $62,440 $8,420 $54,020
2023 $5,422 $56,970 $7,680 $49,290
2022 $5,029 $52,460 $7,070 $45,390
2021 $4,630 $48,890 $6,590 $42,300
2020 $4,461 $47,470 $6,400 $41,070
2019 $4,334 $47,470 $6,400 $41,070
2018 $4,319 $47,810 $6,450 $41,360
2017 $5,110 $47,810 $6,450 $41,360
2016 $5,082 $47,810 $6,450 $41,360
2015 $5,138 $47,810 $6,450 $41,360
2014 $5,068 $47,810 $6,450 $41,360
2013 $5,002 $47,810 $6,450 $41,360
Source: Public Records

Agents Affiliated with this Home

  • Nick Taylor

    Seller's Agent in 2017

    Nick Taylor

    Taylor Realty Associates

    (217) 377-4353

    29 in this area

    788 Total Sales

    Nick Taylor
    Section Image
  • Creg McDonald

    Buyer's Agent in 2017

    Creg McDonald

    Realty Select One

    (217) 493-8341

    14 in this area

    809 Total Sales

    Creg McDonald
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09481824

Midwest Real Estate Data (MRED)

APN: 91-21-15-387-019

Illinois Champaign County Urbana 61802 East Urbana

1506 Ogelthorpe Ave, Urbana, IL

This home is located at 1506 Ogelthorpe Ave, Urbana, IL 61802 since 03 October 2016 and is currently estimated at $257,478, approximately $128 per square foot. This property was built in 2003. 1506 Ogelthorpe Ave is a home located in Champaign County with nearby schools including Dr. Preston L. Williams Jr. Elementary School, Urbana Middle School, and Urbana High School.

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