NOT LISTED FOR SALE

1602 E Vernon Dr Urbana, IL 61802

Estimated Value: $317,000 - $330,000

3 Beds
2 Baths
1,447 Sq Ft
$224/Sq Ft Est. Value

Last Sold September 23, 2022

Last sale price $270,000 $187 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,162/month

119 Days on Market

Highlights

  • 2 Car Attached Garage
  • Laundry Room
  • Central Air
  • Living Room
  • 1-Story Property
  • Dining Room

About This Home

As of September 2022

This spacious, and impressive home has all the space you will ever need for living, working, and entertaining in style and comfort. The seller has built this home with high-end appliances, elegant light fixtures, flawless hardwood floors throughout the house, granite countertops, and backsplash to name a few. The master boasts an amazing walk-in closet with built-in shelves, a private bathroom with a jacuzzi, and double sinks. The entertaining space is not limited to inside the home, you will love the fully fenced corner lot backyard with a patio.

Last Agent to Sell the Property

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 04/20/2022

Co-Listed By

Nelly Santos-Thomas

RE/MAX REALTY ASSOCIATES-CHA License #475128835

Last Buyer's Agent

Nate Evans

eXp Realty-Mahomet License #475124281

eXp Realty-Mahomet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,172

Year Built

  • Built in 2020

Lot Details

  • Lot Dimensions are 65x100

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,447 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Thomas Paine Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,172

Year Built

Built in 2020

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 2020
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 712 SOUTHRIDGE
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1447
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1447
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1447
  • Basement Sq Ft: 0
  • Total Sq Ft: 1447
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1447
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 275000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Thomas Paine Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: 65X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 21.64
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2022
Closed on
Sep 23, 2022
Sold by
Marquez Joel Ruiz and Marquez Bianca Quetzaly
Bought by
Juarez Maria C and Alfaro Eric Castro
Seller's Agent
Russ Taylor
Taylor Realty Associates
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
List Price
$295,000
Sold Price
$270,000
Premium/Discount to List
-$25,000
-8.47%
Current Estimated Value
$324,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,812
Avg. Annual Appreciation
6.38%
Original Mortgage
$256,500
Outstanding Balance
$245,960
Interest Rate
5.55%
Mortgage Type
New Conventional
Estimated Equity
$78,852

Purchase Details

Closed on
Dec 28, 2020
Sold by
Harris Maron K
Bought by
Marquez Joel Ruiz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,992
Interest Rate
2.7%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 10, 2020
Sold by
Chicago Title Land Trust Company
Bought by
Harris Maron K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,750
Interest Rate
2.9%
Mortgage Type
Construction
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
Juarez Maria C $270,000 None Listed On Document
Marquez Joel Ruiz $226,000 None Available
Harris Maron K $40,500 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Juarez Maria C $256,500
Previous Owner Marquez Joel Ruiz $173,992
Previous Owner Harris Maron K $188,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2022 09/23/22 Sold $270,000 -1.8% $187 / Sq Ft
08/18/2022 08/18/22 Pending -- -- --
08/10/2022 08/10/22 Price Changed $275,000 -5.1% $190 / Sq Ft
05/18/2022 05/18/22 Price Changed $289,900 -1.7% $200 / Sq Ft
04/20/2022 04/20/22 For Sale $295,000 -- $204 / 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 $5,172 $97,970 $17,560 $80,410
2023 $5,172 $89,390 $16,020 $73,370
2022 $3,489 $82,310 $14,750 $67,560
2021 $1,986 $76,710 $13,750 $62,960
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: 11379529

Midwest Real Estate Data (MRED)

APN: 93-21-28-406-035