NOT LISTED FOR SALE

1901 N Lincoln Ave Unit 113 Urbana, IL 61801

King Park Neighborhood

Estimated Value: $139,000 - $148,000

2 Beds
2 Baths
909 Sq Ft
$171/mo HOA Fee

Last Sold November 21, 2022

Last sale price $111,000 $122 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,274/month

238 Days on Market

Highlights

  • Living Room
  • Central Air
  • 4-minute walk to Lincoln Memorial Garden
  • Laundry Room
  • Heating Available

About This Home

As of November 2022

Located in the front building close to all amenities. Furnished unit with all appliances. Included is the use of the clubhouse ,24 hour fitness center, 32 seat movie theater , 24 hour computer lab, group study and game rooms w/a resort style swimming pool. It is located 1.2 miles from the University on the bus line. The condo fees cover cable/internet, garbage removal, exterior maintenance, lawn care, snow removal, parking and the upkeep on the site amenities. A great investment opportunity and fully leased thru the end of July/2022.

Last Agent to Sell the Property

Hazem Jaber

Coldwell Banker R.E. Group License #475115467 Listed on: 03/13/2022

Coldwell Banker R.E. Group

Last Buyer's Agent

Hazem Jaber

Coldwell Banker R.E. Group License #475115467 Listed on: 03/13/2022

Coldwell Banker R.E. Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,182

Year Built

  • Built in 2006

Lot Details

  • 828

HOA Fees

  • $171 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 909 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Parking Lot
  • Parking Included in Price
  • Unassigned Parking

Schools

  • Martin Luther King Jr Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Association fees include parking, insurance, tv/cable, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, snow removal, internet
  • 12 Units
  • On Site Manager Association, Phone Number (217) 367-7368
  • Property managed by Ramshaw Real Estate

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,182

Year Built

Built in 2006

Lot Details

0

HOA Fees

$171 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Legal Description: UNIT 1901-113 CAPSTONE QUARTERS CONDOS
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 909
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 909
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 909
  • Basement Sq Ft: 0
  • Total Sq Ft: 909
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 909
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 115000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned, Parking Lot
  • ParkingTotal: 2
  • Number of Cars: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 171
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Ramshaw Real Estate
  • Management Contact Name: On site manager
  • Management Phone: 217-367-7368
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, TV/Cable, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal, Other, Internet

Schools

  • Elementary School: Martin Luther King Jr Elementary
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3181.8
  • Tax Year: 2020

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Hasan Bakhtier
Bought by
Bayt Real Estate Llc
Current Estimated Value
$142,810

Purchase Details

Listed on
Mar 13, 2022
Closed on
Nov 2, 2022
Sold by
Ali Mustaque Ahmad
Bought by
Hasan Bakhtier
Seller's Agent
Hazem Jaber
Coldwell Banker R.E. Group
Buyer's Agent
Hazem Jaber
Coldwell Banker R.E. Group
List Price
$116,000
Sold Price
$111,000
Premium/Discount to List
-$5,000
-4.31%
Views
14

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.54%

Purchase Details

Listed on
Sep 21, 2018
Closed on
May 16, 2019
Sold by
Rezaei Rebecca
Bought by
Ali Mustaque Ahmad
Seller's Agent
Max Mitchell
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Hazem Jaber
Coldwell Banker R.E. Group
List Price
$119,000
Sold Price
$106,000
Premium/Discount to List
-$13,000
-10.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%

Purchase Details

Closed on
Apr 21, 2016
Sold by
Okhravi Hamed
Bought by
Rezaei Rebecca

Purchase Details

Closed on
Jan 13, 2016
Sold by
Rezaei Rebecca
Bought by
Okhravi Hamed

Purchase Details

Closed on
Aug 3, 2012
Sold by
Ace Properties & Management Llc Capstone
Bought by
Rezaei Rebecca

Purchase Details

Closed on
May 3, 2010
Sold by
Wu Chien Hsuin
Bought by
Ace Properties & Management Llc Capstone

Purchase Details

Closed on
Dec 16, 2008
Sold by
Yellowfin Llc
Bought by
Wu Chien Hsuin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,600
Interest Rate
6.06%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Mar 4, 2008
Sold by
Parker Daniel R and Parker Bonita S
Bought by
Yellowfin Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.33%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 2006
Sold by
Capstone Quarters Urbana Llc
Bought by
Parker Daniel R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
9.25%
Mortgage Type
Unknown
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
Bayt Real Estate Llc -- None Listed On Document
Hasan Bakhtier $111,000 --
Ali Mustaque Ahmad $106,000 Attorney
Rezaei Rebecca -- Attorney
Okhravi Hamed -- Attorney
Rezaei Rebecca $86,500 None Available
Ace Properties & Management Llc Capstone -- None Available
Wu Chien Hsuin $80,000 None Available
Yellowfin Llc -- None Available
Parker Daniel R $130,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wu Chien Hsuin $65,600
Previous Owner Yellowfin Llc $250,000
Previous Owner Parker Daniel R $110,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2022 11/21/22 Sold $111,000 -3.5% $122 / Sq Ft
11/07/2022 11/07/22 Pending -- -- --
10/19/2022 10/19/22 Price Changed $115,000 -0.9% $127 / Sq Ft
03/13/2022 03/13/22 For Sale $116,000 +9.4% $128 / Sq Ft
05/16/2019 05/16/19 Sold $106,000 -9.4% $117 / Sq Ft
04/20/2019 04/20/19 Pending -- -- --
11/26/2018 11/26/18 Price Changed $117,000 -1.7% $129 / Sq Ft
09/21/2018 09/21/18 For Sale $119,000 -- $131 / 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 $3,905 $46,810 $9,270 $37,540
2023 $3,905 $42,710 $8,460 $34,250
2022 $3,608 $39,330 $7,790 $31,540
2021 $3,956 $36,650 $7,260 $29,390
2020 $3,182 $35,580 $7,050 $28,530
2019 $3,718 $35,580 $7,050 $28,530
2018 $2,192 $27,220 $7,100 $20,120
2017 $2,268 $27,220 $7,100 $20,120
2016 $2,255 $27,220 $7,100 $20,120
2015 $2,280 $27,220 $7,100 $20,120
2014 $2,250 $27,220 $7,100 $20,120
2013 $2,220 $27,220 $7,100 $20,120
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11346218

Midwest Real Estate Data (MRED)

APN: 91-21-06-477-009