NOT LISTED FOR SALE

1701 E Michigan Ave Urbana, IL 61802

East Urbana Neighborhood

Estimated Value: $106,000 - $147,000

3 Beds
1 Bath
915 Sq Ft
$148/Sq Ft Est. Value

Last Sold December 21, 2015

Last sale price $27,500 $30 Per Sq Ft

Est. 392% increase in value since last sale

Current estimated payment $981/month

125 Days on Market

Highlights

  • Ranch Style House
  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • Attached Garage

About This Home

As of December 2015

Great opportunity for a investment property, rental property, or residential flip. Home is priced to sell quickly.

Last Agent to Sell the Property

John Frerichs

KELLER WILLIAMS-TREC License #475158212 Listed on: 07/28/2015

KELLER WILLIAMS-TREC

Last Buyer's Agent

Rose Price

LANDMARK REAL ESTATE License #475122445

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,996

Lot Details

  • 6,403

Parking

  • Attached Garage

Home Design

  • Ranch Style House
  • Slab Foundation

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Breakfast Bar
  • North or South Exposure

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,996

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 915
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Room: Dimensions: 11.5, On Level: Main Level
  • Basement: Slab
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Kitchen Type: Dimensions: 15.5, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space
  • Master Bedroom: Dimensions: 9 X 1, On Level: Main Level
  • Bedroom 2: Dimensions: 8.5 X, On Level: Main Level
  • Bedroom 3: Dimensions: 8.5 X, On Level: Main Level
  • Estimated Sq Ft: 915
  • Estimated Total Finished Sq Ft: 915
  • Main Level Sq Ft: 915

Exterior Features

  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Number Garage Spaces: 1

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Elementary School: PAINE
  • Middle School: UMS
  • High School: UHS

Lot Info

  • Lot Dimensions: 75 X 65 X 100 X 40
  • Parcel Identification Number: 922116477001

Tax Info

  • Taxes: 2564

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2021
Sold by
Firehawk Fund Ltd
Bought by
Firehawk Llc
Current Estimated Value
$135,337

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,500
Interest Rate
2.9%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Apr 26, 2017
Sold by
Hawk Jonathan
Bought by
Firehawk Fund Ltd

Purchase Details

Closed on
Mar 11, 2016
Sold by
Cdg Real Estate Llc
Bought by
Hawk Jonathan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,700
Interest Rate
4.75%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 29, 2004
Sold by
Pennell Mary E
Bought by
Pennell Mary E
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
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
Firehawk Llc -- None Available
Firehawk Fund Ltd -- Attorney
Hawk Jonathan $38,000 None Available
Pennell Mary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Firehawk Llc $158,821
Closed Firehawk Llc $67,500
Previous Owner Cdg Real Estate Llc $23,700
Closed Firehawk Fund Ltd $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2015 12/21/15 Sold $27,500 -25.7% $30 / Sq Ft
11/30/2015 11/30/15 Pending -- -- --
07/28/2015 07/28/15 For Sale $37,000 -- $40 / 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 $2,996 $30,870 $13,240 $17,630
2023 $2,996 $28,170 $12,080 $16,090
2022 $2,808 $25,940 $11,120 $14,820
2021 $2,609 $24,170 $10,360 $13,810
2020 $2,382 $22,140 $9,490 $12,650
2019 $2,314 $22,140 $9,490 $12,650
2018 $2,304 $22,300 $9,560 $12,740
2017 $2,333 $21,830 $9,360 $12,470
2016 $2,443 $22,980 $9,850 $13,130
2015 $2,470 $22,980 $9,850 $13,130
2014 $2,564 $24,190 $10,370 $13,820
2013 $2,665 $25,470 $10,920 $14,550
Source: Public Records

Agents Affiliated with this Home

  • John Frerichs

    Seller's Agent in 2015

    John Frerichs

    KELLER WILLIAMS-TREC

    (217) 260-5033

    3 in this area

    165 Total Sales

    John Frerichs
    Section Image
  • Rose Price

    Buyer's Agent in 2015

    Rose Price

    LANDMARK REAL ESTATE

    (217) 202-8843

    2 in this area

    136 Total Sales

    Rose Price
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09438979

Midwest Real Estate Data (MRED)

APN: 92-21-16-477-001

Illinois Champaign County Urbana 61802 East Urbana

1701 E Michigan Ave, Urbana, IL

This home is located at 1701 E Michigan Ave, Urbana, IL 61802 since 28 July 2015 and is currently estimated at $135,337, approximately $147 per square foot. 1701 E Michigan Ave is a home located in Champaign County with nearby schools including Thomas Paine Elementary School, Urbana Middle School, and Urbana High School.

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