Seller's Agent in 2024
Jordan Dunahee
Ramshaw Real Estate
(309) 846-8941
6 in this area
42 Total Sales
1901 N Lincoln Ave Unit 116 Urbana, IL 61801
King Park NeighborhoodEstimated Value: $139,000 - $148,000
2
Beds
2
Baths
909
Sq Ft
$225/mo
HOA Fee
About This Home
As of March 20241901 Lincoln Ave Unit 116 is a 2 bedroom 2 bathroom unit located in the main building of Capstone Quarters in Urbana with quick access to the facilities amenities. This unit comes fully furnished with appliances included for the next owner. Capstone Quarters boasts an interactive clubhouse that includes a 24 hour fitness center, 32 seat movie theater, 24 hour computer lab, game rooms and an outdoor swimming pool. This complex is just minutes from the University of Illinois campus and sits on the bus line. The condo fees for this property cover cable and internet services, garbage removal, exterior maintenance, lawn care, snow removal, parking and the upkeep for the site amenities. This particular unit is fully leased through July of 2024 (Both bedrooms). This is a wonderful opportunity for an investor to cash flow or for someone looking to move in for the upcoming school year.
Last Agent to Sell the Property
Ramshaw Real Estate License #475181066 Listed on: 02/15/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $3,608
Year Built
- Built in 2006 | Remodeled in 2023
Lot Details
- 828
HOA Fees
- $225 Monthly HOA Fees
Home Design
- Slab Foundation
Interior Spaces
- 909 Sq Ft Home
- 3-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Parking
- 2 Open Parking Spaces
- 2 Parking Spaces
Schools
- Urbana Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
Overview
- Association fees include clubhouse, pool, exterior maintenance, lawn care, snow removal
- 56 Units
- Adam Association, Phone Number (844) 267-3541
- Low-Rise Condominium
- Property managed by Ramshaw Real Estate
Pet Policy
- No Pets Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 15, 2024
Closed on
Feb 27, 2024
Sold by
Yoo Jennifer
Bought by
Wu Jason and Wu Jonathan
Seller's Agent
Jordan Dunahee
Ramshaw Real Estate
Buyer's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
List Price
$130,000
Sold Price
$130,500
Premium/Discount to List
$500
0.38%
Views
33
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
$12,834
Avg. Annual Appreciation
4.57%
Purchase Details
Closed on
Jun 8, 2007
Sold by
Capstone Quarters Urbana Llc
Bought by
Embree Bruce A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,600
Interest Rate
6.2%
Mortgage Type
Unknown
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 |
|---|---|---|---|
| Wu Jason | $130,500 | Chicago Title | |
| Embree Bruce A | $138,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Yoo Jennifer | $65,000 | |
| Previous Owner | Embree Bruce A | $105,600 | |
| Previous Owner | Unique Tl Inc | $77,500 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/08/2024 03/08/24 | Sold | $130,500 | +0.4% | $144 / Sq Ft |
| 02/21/2024 02/21/24 | Pending | -- | -- | -- |
| 02/15/2024 02/15/24 | For Sale | $130,000 | -- | $143 / 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 | $3,905 | $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 | $3,091 | $35,580 | $7,050 | $28,530 |
| 2018 | $2,372 | $28,960 | $7,100 | $21,860 |
| 2017 | $2,454 | $28,960 | $7,100 | $21,860 |
| 2016 | $2,440 | $28,960 | $7,100 | $21,860 |
| 2015 | $2,467 | $28,960 | $7,100 | $21,860 |
| 2014 | $2,434 | $28,960 | $7,100 | $21,860 |
| 2013 | $2,402 | $28,960 | $7,100 | $21,860 |
Source: Public Records
Agents Affiliated with this Home
-
Jordan Dunahee
-
Mark Waldhoff
Buyer's Agent in 2024
Mark Waldhoff
KELLER WILLIAMS-TREC
(217) 714-3603
16 in this area
683 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11981932
APN: 91-21-06-477-012
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