1507 Wiley Dr Urbana, IL 61801
Fairlawn Park Neighborhood
3
Beds
1
Bath
858
Sq Ft
6,970
Sq Ft Lot
Highlights
- Mature Trees
- Ranch Style House
- Living Room
- Property is near a park
- Fenced Yard
- Laundry Room
About This Home
As of November 2023Amazing investment opportunity in a quiet Urbana neighborhood, just minutes from U of I and right next to Wiley Elementary! You'll love the layout of this cozy 3BR/1BA ranch home. It has everything you need, including living room, eat-in kitchen, laundry room with storage space and a spacious fenced back yard, offering privacy and shade from mature trees. Location is very convenient, close to Urbana Middle School/High School and public transportation, as well as Downtown Urbana, shopping and restaurants. New roof 2022, Furnace 2021, WH and Sewer line 2018. Tenants currently in place through July 31, 2023.
Last Agent to Sell the Property
KELLER WILLIAMS-TREC License #475126777 Listed on: 07/29/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,598
Year Built
- Built in 1952
Lot Details
- Lot Dimensions are 55 x 120
- Fenced Yard
- Paved or Partially Paved Lot
- Mature Trees
Parking
- Gravel Driveway
Home Design
- Ranch Style House
- Slab Foundation
Interior Spaces
- 858 Sq Ft Home
- Ceiling Fan
- Living Room
Kitchen
- Range
- Portable Dishwasher
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Bathroom on Main Level
- 1 Full Bathroom
Laundry
- Laundry Room
- Laundry on main level
- Dryer
- Washer
Location
- Property is near a park
Schools
- Wiley Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- Fairlawn Park Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 29, 2022
Closed on
Nov 1, 2022
Sold by
Wiley Group Llc
Bought by
Yascatt Llc
Seller's Agent
Katie Ruthstrom
KELLER WILLIAMS-TREC
Buyer's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
List Price
$97,500
Sold Price
$82,000
Premium/Discount to List
-$15,500
-15.9%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,475
Avg. Annual Appreciation
20.51%
Original Mortgage
$42,000
Outstanding Balance
$33,557
Interest Rate
6.36%
Estimated Equity
$102,918
Purchase Details
Listed on
Sep 27, 2017
Closed on
Feb 16, 2018
Sold by
Qian Yu and Xu Wenxin
Bought by
Wiley Group Llc
Seller's Agent
Judy Fejes
Coldwell Banker R.E. Group
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$69,000
Sold Price
$61,000
Premium/Discount to List
-$8,000
-11.59%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.54%
Original Mortgage
$57,000
Interest Rate
4.04%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 14, 2010
Sold by
Shoemaker Robert C and Jarrell Vickie L
Bought by
Qian Yu and Xu Wenxin
Purchase Details
Closed on
Feb 6, 2004
Sold by
Hartke Ronald S and Hartke Pamela A
Bought by
Shoemaker Robert C and Jarrell Vickie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,400
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 30, 2002
Sold by
Alvey Lois A
Bought by
Hartke Ronald S and Hartke Pamela A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
5.94%
Similar Home in Urbana, IL
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $82,000 | -- | |
| Warranty Deed | $61,000 | None Available | |
| Warranty Deed | $73,000 | None Available | |
| Warranty Deed | $69,000 | Chicago Title Insurance Co | |
| Warranty Deed | -- | Chicago Title Insurance Comp |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $42,000 | No Value Available | |
| Previous Owner | $65,600 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $57,000 | New Conventional | |
| Previous Owner | $60,000 | New Conventional | |
| Previous Owner | $54,400 | Purchase Money Mortgage | |
| Previous Owner | $48,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/02/2023 11/02/23 | Sold | $120,000 | -6.9% | $137 / Sq Ft |
| 09/12/2023 09/12/23 | Pending | -- | -- | -- |
| 08/24/2023 08/24/23 | For Sale | $128,900 | +57.2% | $147 / Sq Ft |
| 11/01/2022 11/01/22 | Sold | $82,000 | -11.4% | $96 / Sq Ft |
| 09/22/2022 09/22/22 | Pending | -- | -- | -- |
| 08/25/2022 08/25/22 | Price Changed | $92,500 | -5.1% | $108 / Sq Ft |
| 07/29/2022 07/29/22 | For Sale | $97,500 | +59.8% | $114 / Sq Ft |
| 03/02/2018 03/02/18 | Sold | $61,000 | -11.6% | $70 / Sq Ft |
| 02/16/2018 02/16/18 | Pending | -- | -- | -- |
| 09/27/2017 09/27/17 | For Sale | $69,000 | -- | $79 / 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 | $2,578 | $26,560 | $11,810 | $14,750 |
| 2023 | $2,578 | $24,240 | $10,780 | $13,460 |
| 2022 | $1,766 | $22,320 | $9,930 | $12,390 |
| 2021 | $1,598 | $20,800 | $9,250 | $11,550 |
| 2020 | $2,172 | $20,190 | $8,980 | $11,210 |
| 2019 | $1,483 | $20,190 | $8,980 | $11,210 |
| 2018 | $1,480 | $20,330 | $9,040 | $11,290 |
| 2017 | $1,991 | $24,630 | $9,040 | $15,590 |
| 2016 | $1,980 | $24,630 | $9,040 | $15,590 |
| 2015 | $2,002 | $24,630 | $9,040 | $15,590 |
| 2014 | $1,975 | $24,630 | $9,040 | $15,590 |
| 2013 | $1,949 | $24,630 | $9,040 | $15,590 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Mark Waldhoff
KELLER WILLIAMS-TREC
(217) 714-3603
17 in this area
665 Total Sales
-
Buyer's Agent in 2023
Joanna Smith
Real Broker, LLC
(217) 979-6944
3 in this area
206 Total Sales
-
Seller's Agent in 2022
Katie Ruthstrom
KELLER WILLIAMS-TREC
(217) 418-6683
10 in this area
232 Total Sales
-
Seller's Agent in 2018
Judy Fejes
Coldwell Banker R.E. Group
(217) 621-8003
3 in this area
207 Total Sales
-
Buyer's Agent in 2018
Ryan Dallas
RYAN DALLAS REAL ESTATE
(217) 493-5068
27 in this area
2,369 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11470171
APN: 92-21-16-352-010
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