NOT LISTED FOR SALE

1901 N Lincoln Ave Unit 120 Urbana, IL 61801

King Park Neighborhood

Estimated Value: $177,000 - $184,000

4 Beds
4 Baths
1,482 Sq Ft
$281/mo HOA Fee

Last Sold October 17, 2022

Last sale price $155,000 $105 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $1,451/month

1 Day on Market

Highlights

  • Open Floorplan
  • Patio
  • Bathroom on Main Level
  • Home Gym
  • Living Room
  • 4-minute walk to Lincoln Memorial Garden

About This Home

As of October 2022

Instant income potential! Currently leased through the end of 2022, this 4 bedroom, 4 bath condo in Urbana's sought after Capstone Quarters has solid rental history with a current monthly rent of $2300/mo. Conveniently located on the bus line near UI campus, I-74, shopping, and restaurants. Amenities include a 24 hour fitness center, 32 seat movie theater, clubhouse with resort style pool, group study rooms, and 24 hour computer lab. Check out this fantastic investment opportunity today!

Last Agent to Sell the Property

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 09/19/2022

Last Buyer's Agent

Mark Waldhoff

KELLER WILLIAMS-TREC License #475122749

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,763

Year Built

  • Built in 2006

Lot Details

  • 1,394

HOA Fees

  • $281 Monthly HOA Fees

Interior Spaces

  • 1,482 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room
  • Home Gym
  • Laminate Flooring

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Bathroom on Main Level
  • 4 Full Bathrooms

Laundry

  • Laundry on main level
  • Dryer
  • Washer

Parking

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

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include parking, insurance, 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

$4,763

Year Built

Built in 2006

Lot Details

0

HOA Fees

$281 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: LOT PT COMMONS 1 CAPSTONE QUARTERS CONDO
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Laundry Hook-Up in Unit, Open Floorplan, Health Facilities
  • LivingArea: 1482
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1482
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1482
  • Basement Sq Ft: 0
  • Total Sq Ft: 1482
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1482
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 165000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,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: 281
  • 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, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal, Other, Internet

Schools

  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Pets Allowed (Y/N): No
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4762.72
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2022
Closed on
Oct 14, 2022
Sold by
Condochamp I Llc
Bought by
Miljkovic Nikola
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
List Price
$165,000
Sold Price
$155,000
Premium/Discount to List
-$10,000
-6.06%
Current Estimated Value
$181,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,449
Avg. Annual Appreciation
6.14%

Purchase Details

Closed on
Jun 24, 2008
Sold by
Capstone Quarters Urbana Llc
Bought by
Condochamp I Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,560
Interest Rate
5.96%
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
Miljkovic Nikola $155,000 --
Condochamp I Llc $144,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kinsley Realty Llc $104,000
Previous Owner Condochamp I Llc $115,560
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/17/2022 10/17/22 Sold $155,000 -6.1% $105 / Sq Ft
09/21/2022 09/21/22 Pending -- -- --
09/19/2022 09/19/22 For Sale $165,000 -- $111 / 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 $6,213 $64,020 $9,270 $54,750
2023 $6,213 $58,410 $8,460 $49,950
2022 $5,172 $53,780 $7,790 $45,990
2021 $4,763 $50,120 $7,260 $42,860
2020 $4,589 $48,660 $7,050 $41,610
2019 $4,458 $48,660 $7,050 $41,610
2018 $3,380 $38,720 $7,100 $31,620
2017 $3,497 $38,720 $7,100 $31,620
2016 $3,478 $38,720 $7,100 $31,620
2015 $3,516 $38,720 $7,100 $31,620
2014 $3,469 $38,720 $7,100 $31,620
2013 $4,051 $38,720 $7,100 $31,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11625744

Midwest Real Estate Data (MRED)

APN: 91-21-06-477-016