Seller's Agent in 2023
Jordan Dunahee
Ramshaw Real Estate
(309) 846-8941
6 in this area
42 Total Sales
1901 N Lincoln Ave Unit 302 Urbana, IL 61801
King Park NeighborhoodEstimated Value: $178,000 - $186,000
4
Beds
4
Baths
1,547
Sq Ft
$292/mo
HOA Fee
Highlights
- Living Room
- Forced Air Heating and Cooling System
- Family Room
- Laundry Room
- Dining Room
- 4-minute walk to Lincoln Memorial Garden
About This Home
As of May 20231901 Lincoln Ave Unit 302 is a 4 bedroom 4 bathroom unit located in the main building of Capstone Quarters in Urbana with quick and easy 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 2023 (All 4 bedrooms). This is a wonderful opportunity for an investor to cash flow with potential to become an owner occupied unit starting in August of 2023.
Last Agent to Sell the Property
Ramshaw Real Estate License #475181066 Listed on: 03/29/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,117
Year Built
- Built in 2006
Lot Details
- 1,394
HOA Fees
- $292 Monthly HOA Fees
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,547 Sq Ft Home
- 3-Story Property
- Family Room
- Living Room
- Dining Room
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- 4 Full Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
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
Mar 29, 2023
Closed on
May 15, 2023
Sold by
Schonert Keith W and Schonert Terry M
Bought by
Zheng Erin Meiling and Yuen Mtin Fung
Seller's Agent
Jordan Dunahee
Ramshaw Real Estate
Buyer's Agent
Erin Zheng
Nelly Corp Realty
List Price
$174,900
Sold Price
$162,000
Premium/Discount to List
-$12,900
-7.38%
Views
99
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
$21,379
Avg. Annual Appreciation
3.67%
Purchase Details
Closed on
May 9, 2014
Sold by
Schonert Keith W and Schonert Terry M
Bought by
Schonert Keith W and Schonert Terry M
Purchase Details
Closed on
May 2, 2011
Sold by
Ace Properties & Management Llc Capstone
Bought by
Schonert Keith W and Schonert Terry M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
5.5%
Mortgage Type
Unknown
Purchase Details
Closed on
May 3, 2010
Sold by
Wu Chien Hsuin
Bought by
Ace Properties & Management Llc Capstone
Purchase Details
Closed on
Mar 14, 2008
Sold by
Kaup Ann M
Bought by
Wu Chien Hsuin
Purchase Details
Closed on
Aug 11, 2006
Sold by
Capstone Quarters Urbana Llc
Bought by
Kaup Ann M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,800
Interest Rate
7.45%
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 |
|---|---|---|---|
| Zheng Erin Meiling | $162,000 | None Listed On Document | |
| Schonert Keith W | -- | None Available | |
| Schonert Keith W | $127,500 | None Available | |
| Ace Properties & Management Llc Capstone | -- | None Available | |
| Wu Chien Hsuin | $167,000 | None Available | |
| Kaup Ann M | $188,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Schonert Keith W | $85,000 | |
| Previous Owner | Wu Chien Hsuin | $100,000 | |
| Previous Owner | Kaup Ann M | $159,800 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/19/2023 05/19/23 | Sold | $162,000 | -7.4% | $105 / Sq Ft |
| 04/24/2023 04/24/23 | Pending | -- | -- | -- |
| 03/29/2023 03/29/23 | For Sale | $174,900 | -- | $113 / 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 | $5,575 | $64,020 | $9,270 | $54,750 |
| 2023 | $5,575 | $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
-
Jordan Dunahee
-
Erin Zheng
Buyer's Agent in 2023
Erin Zheng
Nelly Corp Realty
(312) 593-7698
1 in this area
16 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11747510
APN: 91-21-06-477-038
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