NOT LISTED FOR SALE

1606 Lakeside Dr Unit B Champaign, IL 61821

Estimated Value: $324,000 - $353,000

2 Beds
2.5 Baths
2,261 Sq Ft
$208/mo HOA Fee

Last Sold October 11, 2022

Last sale price $266,000 $118 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $2,564/month

3 Days on Market

Highlights

  • Vaulted Ceiling
  • Whirlpool Bathtub
  • Breakfast Room
  • Central High School Rated A
  • Den
  • 2-minute walk to Wisegarver Park

About This Home

As of October 2022

Situated on a peaceful, tree-lined street this desirable one and a half story Old Farm property has been well maintained and won't last long! Features include an oversized master suite on the first level with two walk-in closets, dual vanities, a step-in shower and jetted tub. The main great room with soaring ceilings make the living space feel open and airy, features a fireplace and conveniently connects to the dining room. Also on the first floor is a versatile den/office, a large fully applianced kitchen, a half bath and laundry with a great storage closet and cabinets and leads into the over sized garage. The garage houses the central vac, has pull down attic storage and has two additional closets for storage. The second level features an amazing guest suite with full bath, and walk-in storage area that will surely WOW you! This home also has a lovely wooden deck for outside leisure. The furnace and air conditioning are approximately 12-15 years old and stainless steel kitchen appliances just a few years old. The style of this home and its location are a rare find in one of the most sought after neighborhoods, Old Farm. Schedule a showing today!

Last Agent to Sell the Property

Barbara Gallivan

KELLER WILLIAMS-TREC License #475126516 Listed on: 09/08/2022

KELLER WILLIAMS-TREC

Last Buyer's Agent

Creg McDonald

Realty Select One License #471008296

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,565

Year Built

  • Built in 1992

Lot Details

  • 1,960

HOA Fees

  • $208 Monthly HOA Fees

Parking

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

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 2,261 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Breakfast Room
  • Den

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Whirlpool Bathtub
  • Separate Shower
  • Solar Tube

Laundry

  • Laundry Room
  • Dryer
  • Washer

Basement

  • Partial Basement
  • Crawl Space

Schools

  • Unit 4 Of Choice Elementary School
  • Jefferson Middle School
  • Centennial High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 200+ Amp Service
  • Gas Water Heater

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include exterior maintenance, lawn care, snow removal
  • 2 Units
  • Old Farm Subdivision

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,565

Year Built

Built in 1992

Lot Details

0

HOA Fees

$208 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
  • Subdivision Name: Old Farm
  • Year Built: 1992
  • Age: 26-30 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: L
  • New Construction Y/N: No
  • Legal Description: LOT PT COMMONS 16 OLD FARM CONDO 6
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: Partial
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Gas Starter
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Solar Tubes/Light Tubes
  • LivingArea: 2261
  • Other Equipment: Central Vacuum, Water Heater-Gas
  • Room Type: Den, Breakfast Room
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 2261
  • Assessed Sq Ft: 1781
  • Basement Description: Crawl
  • Bathroom Amenities: Whirlpool,Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2261
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 2261
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 455
  • Main Level Sq Ft: 1806
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • Foundation Details: Block
  • List Price: 260000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Off Street
  • ParkingTotal: 2
  • Number of Cars: 4
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Number Limit
  • Association Fee: 208
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: None
  • Management Contact Name: None
  • 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: Centennial High School
  • Middle/Junior School: Jefferson Middle School
  • Middle/Junior School District: 4

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N
  • Zero Lot Line: No

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: 4565.36
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2022
Closed on
Sep 20, 2022
Sold by
Rybak Robert A
Bought by
Kilgus Walter C and Kilgus Joann A
Seller's Agent
Barbara Gallivan
KELLER WILLIAMS-TREC
Buyer's Agent
Creg McDonald
Realty Select One
List Price
$260,000
Sold Price
$266,000
Premium/Discount to List
$6,000
2.31%
Total Days on Market
3
Current Estimated Value
$334,940

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,940
Avg. Annual Appreciation
6.36%
Source: Public Records

Range of Values:

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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
Kilgus Walter C $266,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rybak Robert A $279,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/11/2022 10/11/22 Sold $266,000 +2.3% $118 / Sq Ft
09/12/2022 09/12/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $260,000 -- $115 / 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 $6,366 $89,590 $21,840 $67,750
2023 $6,366 $81,590 $19,890 $61,700
2022 $4,586 $75,270 $18,350 $56,920
2021 $4,565 $73,790 $17,990 $55,800
2020 $4,572 $70,950 $17,300 $53,650
2019 $4,518 $69,490 $16,940 $52,550
2018 $4,488 $68,390 $16,670 $51,720
2017 $4,506 $65,760 $16,030 $49,730
2016 $4,125 $64,410 $15,700 $48,710
2015 $4,435 $63,270 $15,420 $47,850
2014 $4,195 $63,270 $15,420 $47,850
2013 $4,158 $63,270 $15,420 $47,850
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11620744

Midwest Real Estate Data (MRED)

APN: 45-20-23-103-011