NOT LISTED FOR SALE

1612 W University Ave Champaign, IL 61821

Estimated Value: $189,000 - $214,274

2 Beds
1 Bath
972 Sq Ft
$211/Sq Ft Est. Value

Last Sold August 29, 2022

Last sale price $145,000 $149 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $1,573/month

Highlights

  • Central Air
  • Laundry Facilities
  • 1-Story Property
  • Central High School Rated A
  • Walk-Up Access

About This Home

As of November 2023

Discover the perfect blend of modern living and convenience in this immaculate apartment, available now! Nestled on a spacious lot with an expansive backyard, this clean and contemporary home is a true gem. Enjoy the best of both worlds with a serene environment and easy access to essential amenities. Within a mere 10-minute journey, you'll find grocery stores, gas stations, and delightful restaurants, simplifying your everyday tasks. Plus, commuting is a breeze - hop on the 6 bus, and you'll find yourself in bustling Champaign town in just 10 minutes, with the campus just minutes away. For nature enthusiasts and green thumbs, the sunny backyard awaits your creative touch, promising hours of gardening bliss. If you're a DIY enthusiast or need a space for your workshop, the basement offers ample room, allowing you to unleash your creativity and pursue your hobbies. Don't miss the opportunity to make this fantastic space your own. Come and explore all the possibilities this apartment has to offer. We're confident you'll fall in love with its charm and functionality. Schedule a viewing today and envision your vibrant, connected, and enjoyable future in this delightful home! 2 Bedroom, 1 Bathroom, Updated flooring, Driveway parking, Large backyard, Washer/Dryer in Basement, (1st floor of duplex) **Water bill included in rent** Thank you for your interest in 1612 University! The minimum income requirement for this property is $2,300 of VERIFIABLE income per month. Applicants with credit scores over 650 will have a (single) Security Deposit of $1,150. Applicants with credit scores between 600-649 will have a (double) Security Deposit of $2,300. Applicants with a credit score of 599 and lower will have a (Triple) Security Deposit of $3,450, and additional application review will be required.

Last Agent to Rent the Property

Jake Trautman

Champaign County Realty License #475160202 Listed on: 09/28/2023

Last Renter's Agent

Jake Trautman

Champaign County Realty License #475160202 Listed on: 09/28/2023

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,258

Year Built

  • Built in 1960

Lot Details

  • Lot Dimensions are 50x55

Home Design

  • Half Duplex
  • Brick Exterior Construction

Interior Spaces

  • 972 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Unfinished Basement

  • Walk-Out Basement
  • Walk-Up Access
  • Basement Storage

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Uncovered Parking

Schools

  • Unit 4 Of Choice Elementary School
  • Champaign/Middle Call Unit 4 351
  • Champaign High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Security Deposit $1,150
  • Property Available on 9/28/23
  • Rent includes water, parking, lawn care

Community Details

Pet Policy

  • No Pets Allowed

Additional Features

  • 2 Units
  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,258

Year Built

Built in 1960

Lot Details

0

Rental Info

  • Available Date: 2023-09-28
  • Board Number: 22
  • Pets Allowed (Y/N): No
  • Type of Rental Property: Attached
  • Rental Price: 1150
  • Security Deposit: 1150

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Attached: 1/2 Duplex
  • Property Sub-Type: Attached
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Basement: Walkout
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 972
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 972
  • Basement Description: Unfinished,Storage Space,Walk-Up Access
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 972
  • Basement Sq Ft: 0
  • Total Sq Ft: 972
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 972
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 1150
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Number of Cars: 2
  • Driveway: Gravel
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Amenities: Laundry
  • Rent Includes: Water, Parking, Lawn Care

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Champaign High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351
  • Middle/Junior School District: 4

Lot Info

  • Lot Dimensions: 50X55

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 29, 2022
Sold by
Joan S Gary Revocable Trust
Bought by
Frith Sebastian and Borkiewicz Kalina
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Joe Nakagawa
BHHS Central Illinois, REALTORS
List Price
$199,900
Sold Price
$145,000
Premium/Discount to List
-$54,900
-27.46%
Current Estimated Value
$205,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,569
Avg. Annual Appreciation
11.50%
Original Mortgage
$108,750
Outstanding Balance
$95,808
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$102,599

Purchase Details

Closed on
Mar 29, 2019
Sold by
Gary Joan S
Bought by
Gary Joan S and Joan S Gary Revocable Trust
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
Frith Sebastian $145,000 --
Gary Joan S -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Frith Sebastian $108,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/09/2023 11/09/23 Rented $1,099 -4.4% --
09/28/2023 09/28/23 For Rent $1,150 0.0% --
08/29/2022 08/29/22 Sold $145,000 -3.3% $148 / Sq Ft
07/17/2022 07/17/22 Pending -- -- --
07/15/2022 07/15/22 Price Changed $149,900 -6.3% $153 / Sq Ft
07/07/2022 07/07/22 Price Changed $159,900 -5.9% $163 / Sq Ft
06/28/2022 06/28/22 Price Changed $169,900 -5.6% $173 / Sq Ft
06/28/2022 06/28/22 Price Changed $179,900 -10.0% $184 / Sq Ft
06/14/2022 06/14/22 For Sale $199,900 -- $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 $5,258 $64,020 $10,330 $53,690
2023 $5,258 $58,310 $9,410 $48,900
2022 $4,946 $53,790 $8,680 $45,110
2021 $4,828 $52,740 $8,510 $44,230
2020 $4,649 $50,710 $8,180 $42,530
2019 $4,500 $49,670 $8,010 $41,660
2018 $4,398 $48,880 $7,880 $41,000
2017 $4,255 $47,090 $7,590 $39,500
2016 $3,815 $46,120 $7,430 $38,690
2015 $3,845 $45,310 $7,300 $38,010
2014 $3,812 $45,310 $7,300 $38,010
2013 $3,777 $45,310 $7,300 $38,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11896361

Midwest Real Estate Data (MRED)

APN: 41-20-11-310-020