NOT LISTED FOR SALE

1507 Theodore Dr Unit B Champaign, IL 61821

Estimated Value: $244,000 - $276,000

2 Beds
2 Baths
1,521 Sq Ft
$150/mo HOA Fee

Last Sold September 22, 2023

Last sale price $240,000 $158 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $1,883/month

8 Days on Market

Highlights

  • Landscaped Professionally
  • Wood Flooring
  • Stainless Steel Appliances
  • Central High School Rated A
  • Heated Sun or Florida Room
  • Skylights

About This Home

As of September 2023

Condo living at its finest in coveted Old Farm Subdivision! Granite countertops, stainless steel appliances, skylights, scraped hardwood floors, and a delightful 4-season sunroom overlooking a private deck. This condo is freshly painted and ready for a new owner. Make it yours today!

Last Agent to Sell the Property

Jim Schmidt

RE/MAX REALTY ASSOCIATES-CHA License #475169681 Listed on: 08/01/2023

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Joe Zalabak

KELLER WILLIAMS-TREC License #475151471

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,876

Year Built

  • Built in 1997

Lot Details

  • Landscaped Professionally

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,521 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Gas Log Fireplace
  • Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Heated Sun or Florida Room
  • Storage
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Dual Sinks
  • Separate Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Unit 4 Of Choice Elementary School
  • Champaign/Middle Call Unit 4 351
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal
  • 3 Units

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,876

Year Built

Built in 1997

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1997
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Legal Description: PART OF LOT 13 OLD FARM 4TH SUB
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s)
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, First Floor Bedroom, First Floor Full Bath, Laundry Hook-Up in Unit, Storage
  • LivingArea: 1521
  • Room Type: Heated Sun Room
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1521
  • Basement Description: Crawl
  • Bathroom Amenities: Separate Shower,Double Sink
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1521
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 1521
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1521
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 245000
  • Lot Features: Landscaped
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Circuit Breakers
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 150
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • 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: Exterior Maintenance, Lawn Care, Snow Removal, Other

Schools

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

Lot Info

  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: U

Rental Info

  • Board Number: 22
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3876.04
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2023
Closed on
Aug 22, 2023
Sold by
Patterson Beth A
Bought by
Densmore Chester and Densmore Joan
Seller's Agent
Jim Schmidt
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Joe Zalabak
KELLER WILLIAMS-TREC
List Price
$250,000
Sold Price
$240,000
Premium/Discount to List
-$10,000
-4%
Views
115
Current Estimated Value
$260,957

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,957
Avg. Annual Appreciation
5.67%
Original Mortgage
$192,000
Outstanding Balance
$188,064
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$80,194

Purchase Details

Listed on
Mar 14, 2023
Closed on
Apr 19, 2023
Sold by
Doolen Betty M
Bought by
Patterson Beth A
Seller's Agent
Deana Gauze
Coldwell Banker R.E. Group
Buyer's Agent
Bradley Coats
RE/MAX REALTY ASSOCIATES-CHA
List Price
$220,000
Sold Price
$225,000
Premium/Discount to List
$5,000
2.27%
Views
41

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.19%

Purchase Details

Closed on
Jan 25, 2022
Sold by
Doolen Betty M
Bought by
Doolen Betty M and Doolen Daniel

Purchase Details

Closed on
Jan 31, 2017
Sold by
Peterson Todd A
Bought by
Doolen Bertty M

Purchase Details

Closed on
Jan 25, 2012
Sold by
Desutter Margaret
Bought by
Desutter Margaret J and Margaret J Desutter Living Trust

Purchase Details

Closed on
Nov 4, 2011
Sold by
Schackmann Edna M
Bought by
Desutter Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2005
Sold by
Keck Gary E and Keck Laurie A
Bought by
Schackmann Edna M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$56,000
Interest Rate
6.05%
Mortgage Type
Fannie Mae Freddie Mac
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
Densmore Chester $240,000 None Listed On Document
Patterson Beth A $225,000 None Listed On Document
Doolen Betty M -- None Listed On Document
Doolen Bertty M $171,000 None Available
Desutter Margaret J -- None Available
Desutter Margaret -- Atgf Inc
Schackmann Edna M $145,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Densmore Chester $192,000
Previous Owner Desutter Margaret $65,000
Previous Owner Schackmann Edna M $56,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $240,000 -2.0% $158 / Sq Ft
08/10/2023 08/10/23 Pending -- -- --
08/05/2023 08/05/23 Price Changed $245,000 -2.0% $161 / Sq Ft
08/01/2023 08/01/23 For Sale $250,000 +11.1% $164 / Sq Ft
04/19/2023 04/19/23 Sold $225,000 +2.3% $154 / Sq Ft
03/15/2023 03/15/23 Pending -- -- --
03/14/2023 03/14/23 For Sale $220,000 -- $151 / 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 $4,203 $63,260 $19,150 $44,110
2023 $4,203 $57,610 $17,440 $40,170
2022 $3,876 $53,150 $16,090 $37,060
2021 $3,876 $52,100 $15,770 $36,330
2020 $3,419 $50,090 $15,160 $34,930
2019 $3,379 $49,060 $14,850 $34,210
2018 $3,356 $48,290 $14,620 $33,670
2017 $3,248 $46,430 $14,060 $32,370
2016 $3,265 $45,470 $13,770 $31,700
2015 $3,281 $44,670 $13,530 $31,140
2014 $3,253 $44,670 $13,530 $31,140
2013 $3,224 $44,670 $13,530 $31,140
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11839310

Midwest Real Estate Data (MRED)

APN: 45-20-23-153-022