NOT LISTED FOR SALE

1601 E Horizon Ln Urbana, IL 61802

Estimated Value: $309,673 - $328,000

3 Beds
2 Baths
1,462 Sq Ft
$219/Sq Ft Est. Value

Last Sold October 30, 2020

Last sale price $225,000 $154 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,963/month

29 Days on Market

Highlights

  • Mud Room
  • Property is near a bus stop
  • Central Air
  • Attached Garage

About This Home

As of October 2020

New under construction in popular South Ridge neighborhood of Urbana. 3 bedrooms 2 full bathrooms with split floor plan and open concept kitchen, living room and dining room.

Last Agent to Sell the Property

Mark Panno

KELLER WILLIAMS-TREC License #475164947 Listed on: 07/08/2020

KELLER WILLIAMS-TREC

Last Buyer's Agent

Nick Taylor

Taylor Realty Associates License #471001633

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,070

Year Built

  • 2020

Lot Details

  • 8,276

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Mud Room
  • Crawl Space

Location

  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,070

Year Built

2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: Commuter Bus
  • Special Service Area: T
  • Age: NEW Under Construction
  • New Construction: Y
  • Full Bathrooms: 2
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1462
  • Type Detached: 1 Story
  • Estimated Year Built: 2020
  • Total Sq Ft: 1462
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2020

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 18X15, On Level: Main Level, Flooring: Wood Laminate
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 8X5, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 18X16, On Level: Main Level, Flooring: Wood Laminate
  • Additional Rooms: Mud Room
  • Master Bedroom: Dimensions: 13X15, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Mud, Dimensions: 13X6, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1462
  • Estimated Total Finished Sq Ft: 1462
  • Main Level Sq Ft: 1462

Exterior Features

  • Foundation: Block
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Acreage: 0.1972

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • 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
  • Elementary School: Thomas Paine Elementary School
  • Middle School: Urbana Middle School
  • High School: Urbana High School
  • Junior High Dist: 116

Lot Info

  • Lot Dimensions: 85X101
  • Parcel Identification Number: 932128408001

Tax Info

  • Taxes: 20.46

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2020
Closed on
Oct 30, 2020
Sold by
Taylor Construction & Design Llc
Bought by
Haynes Tracy and Haynes Rodrick
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Nick Taylor
Taylor Realty Associates
List Price
$225,000
Sold Price
$225,000
Current Estimated Value
$320,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$95,418
Avg. Annual Appreciation
7.51%
Original Mortgage
$202,500
Outstanding Balance
$180,196
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$140,222

Purchase Details

Closed on
Jul 10, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Taylor Construction & Design Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,084
Interest Rate
3%
Source: Public Records

Range of Values:

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Average Value
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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
Haynes Tracy $225,000 Attorney
Taylor Construction & Design Llc $39,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Haynes Tracy $202,500
Closed Haynes Tracy $202,500
Previous Owner Taylor Construction & Design Llc $164,084
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $225,000 0.0% $154 / Sq Ft
08/06/2020 08/06/20 Pending -- -- --
07/08/2020 07/08/20 For Sale $225,000 -- $154 / 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 $3,070 $99,040 $16,980 $82,060
2023 $3,070 $90,360 $15,490 $74,870
2022 $1,439 $83,200 $14,260 $68,940
2021 $4,384 $40,510 $13,290 $27,220
2020 $22 $100 $100 $0
2019 $20 $100 $100 $0
2018 $20 $100 $100 $0
2017 $20 $100 $100 $0
2016 $20 $100 $100 $0
2015 $20 $100 $100 $0
2014 $20 $100 $100 $0
2013 $10 $100 $100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10773681

Midwest Real Estate Data (MRED)

APN: 93-21-28-408-001