Seller's Agent in 2023
Natalie Nielsen
Pathway Realty, PLLC
(217) 202-9351
21 in this area
498 Total Sales
1506 Philo Rd Urbana, IL 61802
East Urbana NeighborhoodEstimated Value: $146,000 - $163,487
3
Beds
2
Baths
1,050
Sq Ft
$148/Sq Ft
Est. Value
About This Home
As of June 2023Great investment opportunity or homeowner looking for house hack! Duplex with good cash flow history. Main level has 2 generously sized bedrooms with 1 ba, kitchen and separate dining area, living room and an additional sitting area. Lower level studio offers its own entrance from the front or attached garage. 1 bedroom, 1 bath, kitchen and living room. Tenants share the garage. It is close to retail and bus line. Shared laundry area off of 2 car attached garage. Large back yard. Units were being rented for $800/$575. Home has new roof, new siding, new windows including egress, 2 new water heaters. Pre-inspection will be available by time of activation and home will be sold 'as-is'. Seller prefers no inspection contingencies.
Last Agent to Sell the Property
Pathway Realty, PLLC License #471021839 Listed on: 05/22/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,312
Lot Details
- Lot Dimensions are 60x115x65x145
Parking
- 2 Car Attached Garage
- Parking Included in Price
Home Design
- Converted Dwelling
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Bathrooms
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Exterior Basement Entry
Schools
- Thomas Paine Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Heating System Uses Natural Gas
- Private Water Source
- Cable TV Available
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 2 Units
- Amvets Homestead Subdivision
Building Details
- Gross Income $1,100
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 17, 2025
Sold by
Walsh Property Services Llc
Bought by
Clear Horizon Investments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,300
Outstanding Balance
$130,079
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$25,043
Purchase Details
Listed on
May 22, 2023
Closed on
Jun 23, 2023
Sold by
Redding Cleve and Redding Gail Ann
Bought by
Walsh Property Services Llc
Seller's Agent
Natalie Nielsen
Pathway Realty, PLLC
List Price
$125,000
Sold Price
$125,000
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.02%
Original Mortgage
$125,000
Interest Rate
6.39%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 4, 2022
Sold by
Wallace Gail A
Bought by
Wallace-Redding Gail Ann and Redding Cleve
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Clear Horizon Investments Llc | $163,000 | None Listed On Document | |
| Walsh Property Services Llc | $125,000 | None Listed On Document | |
| Wallace-Redding Gail Ann | -- | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Clear Horizon Investments Llc | $130,300 | |
| Previous Owner | Walsh Property Services Llc | $125,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/27/2023 06/27/23 | Sold | $125,000 | 0.0% | $119 / Sq Ft |
| 05/24/2023 05/24/23 | Pending | -- | -- | -- |
| 05/22/2023 05/22/23 | For Sale | $125,000 | -- | $119 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,494 | $36,010 | $14,340 | $21,670 |
| 2023 | $3,494 | $32,850 | $13,080 | $19,770 |
| 2022 | $2,624 | $30,240 | $12,040 | $18,200 |
| 2021 | $3,042 | $28,180 | $11,220 | $16,960 |
| 2020 | $2,776 | $25,810 | $10,270 | $15,540 |
| 2019 | $2,697 | $25,810 | $10,270 | $15,540 |
| 2018 | $2,685 | $25,990 | $10,340 | $15,650 |
| 2017 | $2,778 | $25,990 | $10,340 | $15,650 |
| 2016 | $2,762 | $25,990 | $10,340 | $15,650 |
| 2015 | $2,793 | $25,990 | $10,340 | $15,650 |
| 2014 | $2,755 | $25,990 | $10,340 | $15,650 |
| 2013 | $2,861 | $27,350 | $10,880 | $16,470 |
Source: Public Records
Agents Affiliated with this Home
-
Natalie Nielsen
-
Kristen Dilley
Seller Co-Listing Agent in 2023
Kristen Dilley
eXp Realty-Champaign
(217) 827-1522
2 in this area
138 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11778013
APN: 92-21-16-453-003
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