NOT LISTED FOR SALE

1605 E Vernon Dr Urbana, IL 61802

Estimated Value: $366,000 - $399,000

3 Beds
3 Baths
1,850 Sq Ft
$207/Sq Ft Est. Value

Last Sold February 01, 2019

Last sale price $249,900 $135 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $2,925/month

278 Days on Market

Highlights

  • Ranch Style House
  • Attached Garage
  • Bathroom on Main Level
  • Porch
  • Patio
  • Kitchen Island

About This Home

As of February 2019

Newly constructed home built by Vliet Builders in Urbana's South Ridge Subdivision. Very open & spacious split bedroom floor plan with a partially finished basement. Lovely design for this highly energy efficient 2x6 constructed home. Hardwood flooring and Quartz countertops make this home shine. Soft close doors on all drawers in the kitchen. Kitchen features a center island. The master bedroom has a pan ceiling for added flair, double vanities and a custom tiled walk-in shower in the master bathroom. There is also an oversized mudroom. The basement features a multi-use room, full bath and storage/mechanical room great for organizing your treasures. You appreciate the extra space in the oversized 2 car garage. This home qualifies for the 5 year "THINK URBANA" property tax abatement program with a savings of over $25,000 for the buyer.

Last Agent to Sell the Property

Barbara Gallivan

KELLER WILLIAMS-TREC License #475126516 Listed on: 04/20/2018

KELLER WILLIAMS-TREC

Last Buyer's Agent

Barbara Gallivan

KELLER WILLIAMS-TREC License #475126516 Listed on: 04/20/2018

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,643

Year Built

  • 2017

Lot Details

  • 8,451

Parking

  • Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Gas Log Fireplace
  • Laminate Flooring
  • Laundry on main level

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • Primary Bathroom is a Full Bathroom
  • Bathroom on Main Level
  • Dual Sinks

Partially Finished Basement

  • Partial Basement
  • Finished Basement Bathroom

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Patio
  • Porch

Utilities

  • Central Air
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,643

Year Built

2017

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service, Commuter Train
  • Age: NEW Ready for Occupancy
  • New Construction: Y
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 1850
  • Unfinished Basement Sq Ft: 380
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 2017
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2017

Interior Features

  • Interior Property Features: Wood Laminate Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath
  • Number Of Rooms: 7
  • Living Room: Dimensions: 16X18, On Level: Main Level, Flooring: Carpet
  • Appliances: Microwave, Dishwasher, Disposal
  • Equipment: CO Detectors, Ceiling Fan, Sump Pump
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room
  • Basement: Partial
  • Basement: Partially Finished
  • Basement Bathrooms: Yes
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Double Sink
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Dining Room: Dimensions: 11X13, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 17X11, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Island
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 17X16, On Level: Main Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 12X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 13X11, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1850
  • Estimated Total Finished Sq Ft: 2370
  • Basement Sq Ft: 900
  • Basement Finished Sq Ft: 520
  • Main Level Sq Ft: 1850
  • Dining Room Type: Separate
  • Family Room: Dimensions: 19X28, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio, Porch
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 200+ Amp Service
  • 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: 81 X 101
  • Parcel Identification Number: 932128407003

Tax Info

  • Taxes: 1353.70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2020
Sold by
Mcgrath Vincent D and Mcgrath Michaela J
Bought by
Mcgrath Jesse A
Current Estimated Value
$382,443

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$241,200
Outstanding Balance
$215,976
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$144,048

Purchase Details

Listed on
Apr 20, 2018
Closed on
Feb 1, 2019
Sold by
Vliet Builders Llc
Bought by
Mcgrath Vincent D and Mcgrath Michaela J
Seller's Agent
Barbara Gallivan
KELLER WILLIAMS-TREC
Buyer's Agent
Barbara Gallivan
KELLER WILLIAMS-TREC
List Price
$265,000
Sold Price
$249,900
Premium/Discount to List
-$15,100
-5.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.66%

Purchase Details

Closed on
Aug 9, 2016
Sold by
Busey Trust Company As Trustee Under The
Bought by
Vliet Bulider Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.42%
Mortgage Type
Commercial
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
Mcgrath Jesse A $268,000 Attorney
Mcgrath Vincent D $250,000 Attorney
Vliet Bulider Llc $41,000 First Community Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcgrath Jesse A $241,200
Previous Owner Vliet Bulider Llc $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2019 02/01/19 Sold $249,900 0.0% $135 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
10/15/2018 10/15/18 Price Changed $249,900 -3.7% $135 / Sq Ft
08/14/2018 08/14/18 Price Changed $259,500 -0.2% $140 / Sq Ft
05/21/2018 05/21/18 Price Changed $259,900 -1.9% $140 / Sq Ft
04/20/2018 04/20/18 For Sale $265,000 -- $143 / 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 $10,643 $109,550 $16,940 $92,610
2023 $10,643 $99,960 $15,460 $84,500
2022 $8,410 $92,050 $14,240 $77,810
2021 $6,366 $85,790 $13,270 $72,520
2020 $3,352 $83,290 $12,880 $70,410
2019 $1,906 $83,290 $12,880 $70,410
2018 $1,903 $88,600 $12,970 $75,630
2017 $1,354 $57,770 $12,970 $44,800
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: MRD09923423

Midwest Real Estate Data (MRED)

APN: 93-21-28-407-003