NOT LISTED FOR SALE

1642A County Road 500 E Champaign, IL 61822

Estimated Value: $192,000 - $243,072

3 Beds
2 Baths
1,591 Sq Ft
$140/Sq Ft Est. Value

Last Sold September 09, 2020

Last sale price $146,000 $92 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $1,521/month

37 Days on Market

Highlights

  • Ranch Style House
  • Bonus Room
  • Enclosed Patio or Porch
  • Centennial High School Rated A-
  • Detached Garage
  • Galley Kitchen

About This Home

As of September 2020

Located three miles outside of Champaign, and five miles south of Mahomet, take advantage of country living with the comfort of city amenities like cable internet, garbage service and a sewer line. Surrounded by maple trees which have been tapped to provide home-made maple syrup, the house has a slab foundation and brick construction which provides peace of mind during storms and heavy rain. An excellent heat-pump style HVAC system installed in 2014 has cost on average of $140 a month to operate the all electric house, dual water heaters means ample supply of hot water for showers, laundry, etc. The large three car detached garage has set the stage for dozens of hobby projects, car repairs and miscellaneous projects for decades. The 1.25 acres and a very supportive relationship with the neighboring organic farm makes this property feel like being further out in the country, but the close proximity to Champaign and being on the edge of the tiny hamlet of Bondville provides a welcoming sense of community. Lots of potential and room to make this property your own, and less than a 10 minute drive to Carle at the Fields, retail and a host of businesses and attractions.

Last Agent to Sell the Property

Brenda Keith

Brenda Keith Realty INC License #471020707 Listed on: 06/15/2020

Last Buyer's Agent

Jenny Snodsmith

Realty Select One License #475169231

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,115

Year Built

  • 1980

Lot Details

  • 1.05

Parking

  • Detached Garage
  • Gravel 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

  • Built-In Features
  • Bonus Room
  • Laminate Flooring

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Dishwasher

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heat Pump System

Additional Features

  • Enclosed Patio or Porch
  • Rural Setting

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,115

Year Built

1980

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • General Information: School Bus Service
  • Age: 31-40 Years
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1.1
  • Total Sq Ft: 1591
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1980
  • Tax Exemptions: Homeowner
  • Rural: Y
  • Total Sq Ft: 1591
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1980

Interior Features

  • Interior Property Features: Wood Laminate Floors, Built-in Features
  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X14, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer
  • Equipment: Ceiling Fan
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 14X9, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 9X8, On Level: Main Level, Flooring: Ceramic Tile
  • Kitchen Type: Galley
  • Additional Rooms: Enclosed Porch, Bonus
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 14X11, On Level: Main Level, Flooring: Other
  • Additional Room 2 Name: Bonus, Dimensions: 19X7, On Level: Main Level, Flooring: Ceramic Tile
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 3: Dimensions: 20X10, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 1591
  • Estimated Total Finished Sq Ft: 1591
  • Main Level Sq Ft: 1591
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Lot Size: 1.0-1.99 Acres
  • Exterior Building Type: Vinyl Siding, Brick
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Porch
  • Acreage: 1.05

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Driveway: Concrete, Gravel
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Heat Pump

Condo/Co-op/Association

  • Assessed Sq Ft: 1456

Schools

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

Lot Info

  • Lot Dimensions: 170 X 280
  • Parcel Identification Number: 231912301015

Tax Info

  • Taxes: 3435.94

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2020
Closed on
Aug 18, 2020
Sold by
Shell Aaron D
Bought by
Stites Morgan A
Seller's Agent
Brenda Keith
Brenda Keith Realty INC
Buyer's Agent
Jenny Snodsmith
Realty Select One
List Price
$149,900
Sold Price
$146,000
Premium/Discount to List
-$3,900
-2.6%
Current Estimated Value
$223,018

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$77,018
Avg. Annual Appreciation
9.96%
Original Mortgage
$143,355
Outstanding Balance
$127,742
Interest Rate
2.62%
Mortgage Type
FHA
Estimated Equity
$107,614

Purchase Details

Closed on
Jun 15, 2010
Sold by
Sieber Paul E and Sieber Martha E
Bought by
Otto Jeremy M and Otto Bomina Cha
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
Stites Morgan A $146,000 Attorney
Otto Jeremy M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Stites Morgan A $143,355
Previous Owner Shell Aaron D $137,142
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2020 09/09/20 Sold $146,000 -2.6% $92 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
06/15/2020 06/15/20 For Sale $149,900 -- $94 / 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 $4,115 $64,750 $18,660 $46,090
2023 $4,115 $60,630 $17,470 $43,160
2022 $3,924 $56,770 $16,360 $40,410
2021 $3,702 $54,070 $15,580 $38,490
2020 $3,596 $52,340 $15,080 $37,260
2019 $3,436 $50,810 $14,640 $36,170
2018 $3,377 $49,970 $14,400 $35,570
2017 $3,220 $47,590 $13,710 $33,880
2016 $2,816 $46,200 $13,310 $32,890
2015 $2,806 $44,980 $12,960 $32,020
2014 $2,762 $44,980 $12,960 $32,020
2013 $2,354 $39,690 $7,950 $31,740
Source: Public Records

Agents Affiliated with this Home

  • Brenda Keith

    Seller's Agent in 2020

    Brenda Keith

    Brenda Keith Realty INC

    (217) 373-4918

    170 Total Sales

    Brenda Keith
    Section Image
  • Jenny Snodsmith

    Buyer's Agent in 2020

    Jenny Snodsmith

    Realty Select One

    (815) 370-6730

    105 Total Sales

    Jenny Snodsmith
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10747597

Midwest Real Estate Data (MRED)

APN: 23-19-12-301-015

Illinois Champaign County Champaign 61822

1642A County Road 500 E, Champaign, IL

This home is located at 1642A County Road 500 E, Champaign, IL 61822 since 15 June 2020 and is currently estimated at $223,018, approximately $140 per square foot. This property was built in 1980. 1642A County Road 500 E is a home located in Champaign County with nearby schools including Centennial High School, Countryside School, and Swann Special Care Center-Elem/Secondary School.

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