Seller's Agent in 2021
Mark Panno
KELLER WILLIAMS-TREC
(815) 674-5598
77 in this area
285 Total Sales
1608 E Vernon Dr Urbana, IL 61802
Southeast Urbana NeighborhoodEstimated Value: $316,000 - $329,000
3
Beds
2
Baths
1,510
Sq Ft
$213/Sq Ft
Est. Value
Highlights
- New Construction
- Porch
- Built-In Features
- Vaulted Ceiling
- 2 Car Attached Garage
- Walk-In Closet
About This Home
As of June 2021Under construction in Urbana's South Ridge neighborhood! Highly desirable floor plan and price point - do not let this one get away! Great room has been extended to create a larger living room! Qualifies for THINK Urbana property tax savings - over $20,000 in property tax savings in the first 5 years of ownership! 3 Bedrooms, 2 full bathrooms and an open concept living room, kitchen and dining room. Off of the 2 car garage is a mudroom with a dedicated laundry room. The master bedroom features a walk-in closet and en suite bathroom with a standup tiled shower and a double vanity sink. The kitchen is equipped with an island and granite countertops. Throughout the living spaces is resilient laminate flooring and the bedrooms feature carpet. Estimated completion is July 2020. Photos of similar homes - not exact finishes.
Last Agent to Sell the Property
KELLER WILLIAMS-TREC License #475164947 Listed on: 03/01/2021
Home Details
Home Type
- Single Family
Year Built
- Built in 2021 | New Construction
Lot Details
- 8,555 Sq Ft Lot
- Lot Dimensions are 81x101
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Block Foundation
Interior Spaces
- 1,510 Sq Ft Home
- 1-Story Property
- Built-In Features
- Vaulted Ceiling
- Laminate Flooring
- Crawl Space
- Laundry on main level
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
- Dual Sinks
Outdoor Features
- Porch
Schools
- Thomas Paine Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 1, 2021
Closed on
Jun 30, 2021
Sold by
Taylor Construtin & Design Llc
Bought by
Chen Qifeng
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Sherry Qiang
KELLER WILLIAMS-TREC
Sold Price
$235,000
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
$86,045
Avg. Annual Appreciation
7.21%
Original Mortgage
$223,100
Outstanding Balance
$201,107
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$119,938
Purchase Details
Closed on
Mar 25, 2021
Sold by
Chicago Title Land Trust Co
Bought by
Taylor Const & 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
$170,101
Interest Rate
3%
Mortgage Type
Construction
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Chen Qifeng | $235,000 | Attorney | |
| Taylor Const & Design Llc | -- | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Chen Qifeng | $223,100 | |
| Previous Owner | Taylor Const & Design Llc | $170,101 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/30/2021 06/30/21 | Sold | $235,000 | 0.0% | $156 / Sq Ft |
| 03/12/2021 03/12/21 | Pending | -- | -- | -- |
| 03/12/2021 03/12/21 | For Sale | -- | -- | -- |
| 03/01/2021 03/01/21 | For Sale | $234,900 | -- | $156 / 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 | $3,020 | $97,110 | $16,940 | $80,170 |
| 2023 | $3,020 | $88,610 | $15,460 | $73,150 |
| 2022 | $1,425 | $81,600 | $14,240 | $67,360 |
| 2021 | $22 | $100 | $100 | $0 |
| 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
-
Mark Panno
-
Sherry Qiang
Buyer's Agent in 2021
Sherry Qiang
KELLER WILLIAMS-TREC
(217) 819-1829
9 in this area
180 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11006531
APN: 93-21-28-406-032
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