NOT LISTED FOR SALE

1506 S Race St Unit 4 Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $111,219 - $148,000

2 Beds
1 Bath
800 Sq Ft
871 Sq Ft Lot

Last Sold February 01, 2016

Last sale price $50,000 $62 Per Sq Ft

Est. 156% increase in value since last sale

Current estimated payment $823/month

140 Days on Market

Highlights

  • Detached Garage
  • Central Air
  • East or West Exposure
  • Breakfast Bar
  • Hot Water Heating System
  • 2-minute walk to Blair Park

About This Home

As of February 2016

Well desired Delmont Village. This condo offers many great features which includes wood flooring, granite kitchen counter tops, 1 car detached garage and free laundry facilities in the basement. The condo fee includes water, heat, building maintenance, snow removal, grass mowing and garbage. This condo is on a busline and close to U of I campus and downtown Urbana.

Last Agent to Sell the Property

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 08/29/2014

Last Buyer's Agent

Susan Frobish

Heartland Real Estate of Central Illinois, Inc License #475132373

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,538

Year Built

  • 1942

Lot Details

  • 871

Parking

  • Detached Garage

Home Design

  • Brick Exterior Construction

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Disposal

Utilities

  • Central Air
  • Hot Water Heating System
  • Heating System Uses Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • East or West Exposure

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,538

Year Built

1942

Lot Details

0

Parking

1

Listing Details

  • Property Type: Attached Single
  • Unit Floor Level: 2
  • Age: 71-80 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 800
  • Type Detached: 1 Story
  • Estimated Year Built: 1942
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1942

Interior Features

  • Living Room: Dimensions: 12.1, On Level: Main Level, Flooring: Hardwood
  • Appliances: Disposal, Microwave, Oven/Range, Refrigerator
  • Equipment: TV-Cable
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 12 X, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Eating Area-Table Space
  • Master Bedroom: Dimensions: 9.5 X, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 9.5 X, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 800
  • Estimated Total Finished Sq Ft: 800
  • Main Level Sq Ft: 800
  • Existing Basement Foundation: Yes

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: W (West)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Number Garage Spaces: 1

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Hot Water/Steam

Schools

  • Elementary School: LEAL
  • Middle School: UMS
  • High School: UHS

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 932117453010

Tax Info

  • Taxes: 2778

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 6, 2022
Sold by
John Haglund Andrew and John Nicole
Bought by
Jefferson Brian and Lazarus Jennifer
Current Estimated Value
$127,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,000
Outstanding Balance
$63,826
Interest Rate
4.88%
Mortgage Type
New Conventional
Estimated Equity
$49,087

Purchase Details

Closed on
Jul 25, 2017
Sold by
Liu Hao Jan
Bought by
Haglund Andrew John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$58,200
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2016
Sold by
Liu Hao Jan
Bought by
Liu Hao Jan and The 204 Delmont Land Trust

Purchase Details

Closed on
Mar 6, 2012
Sold by
Woodbury Roger E
Bought by
Birkhead David D and Birkhead Tammy R

Purchase Details

Closed on
Jan 22, 2010
Sold by
Patterson Jean F
Bought by
Woodbury Roger E
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
Jefferson Brian $100,000 --
Haglund Andrew John $73,000 Attorney
Liu Hao Jan -- None Available
Birkhead David D $82,000 None Available
Woodbury Roger E $84,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jefferson Brian $74,000
Previous Owner Haglund Andrew John $58,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2016 02/01/16 Sold $50,000 -44.4% $63 / Sq Ft
01/16/2015 01/16/15 Pending -- -- --
08/29/2014 08/29/14 For Sale $89,900 -- $112 / 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 $1,538 $22,420 $6,770 $15,650
2023 $1,538 $20,460 $6,180 $14,280
2022 $1,390 $18,840 $5,690 $13,150
2021 $1,248 $17,560 $5,300 $12,260
2020 $1,135 $16,550 $5,000 $11,550
2019 $1,102 $16,550 $5,000 $11,550
2018 $1,102 $16,670 $5,040 $11,630
2017 $606 $16,670 $5,040 $11,630
2016 $1,772 $16,670 $5,040 $11,630
2015 $2,853 $25,230 $5,040 $20,190
2014 $2,815 $26,550 $5,300 $21,250
2013 $2,778 $26,550 $5,300 $21,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09452684

Midwest Real Estate Data (MRED)

APN: 93-21-17-453-010