NOT LISTED FOR SALE

1901 N Lincoln Ave Unit 307 Urbana, IL 61801

King Park Neighborhood

Estimated Value: $137,000 - $151,000

2 Beds
2 Baths
909 Sq Ft
$225/mo HOA Fee

Last Sold December 02, 2024

Last sale price $132,500 $146 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,304/month

146 Days on Market

Highlights

  • Living Room
  • Central Air
  • Family Room
  • Laundry Room
  • Dining Room
  • 4-minute walk to Lincoln Memorial Garden

About This Home

As of December 2024

Best option at Capstone Quarters, in the front building next to all amenities, and third floor with cathedral ceiling. Facing East. 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 mile from the University on the bus line. The condo fees cover internet, garbage removal, exterior maintenance, lawn care, snow removal, parking and the upkeep of the site amenities. Both rooms are fully leased until 7/31/2025. A great investment opportunity.

Last Agent to Sell the Property

Hazem Jaber

Coldwell Banker R.E. Group License #475115467 Listed on: 06/12/2024

Coldwell Banker R.E. Group

Last Buyer's Agent

Jeff and Laura Finke

Coldwell Banker R.E. Group License #471010471

Coldwell Banker R.E. Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,905

Year Built

  • Built in 2006

Lot Details

  • 828

HOA Fees

  • $225 Monthly HOA Fees

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 909 Sq Ft Home
  • 3-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Parking

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

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, clubhouse, exercise facilities, pool, exterior maintenance, lawn care, snow removal, internet
  • 56 Units
  • Manager Association, Phone Number (217) 367-7368
  • Property managed by Ramshaw

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,905

Year Built

Built in 2006

Lot Details

0

HOA Fees

$225 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: 3
  • Legal Description: LOT 3 IN MELROSE OF URBANA 1ST SUBD UNIT305
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 909
  • Room Type: No additional rooms
  • Stories Total: 3
  • 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
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 135000
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 225
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Ramshaw
  • Management Contact Name: 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, 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

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

Tax Info

  • Tax Annual Amount: 3904.84
  • Tax Year: 2023

Multi Family

  • Units in Building: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 12, 2024
Closed on
Dec 2, 2024
Sold by
Iskaan Investment Llc
Bought by
Cruz Abimelec and Cruz Amy
Seller's Agent
Hazem Jaber
Coldwell Banker R.E. Group
Buyer's Agent
Jeff and Laura Finke
Coldwell Banker R.E. Group
List Price
$135,000
Sold Price
$132,500
Premium/Discount to List
-$2,500
-1.85%
Views
71
Current Estimated Value
$136,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,044
Avg. Annual Appreciation
5.62%

Purchase Details

Listed on
Sep 28, 2023
Closed on
Nov 7, 2023
Sold by
Matnivong Loan & Khamphong
Bought by
Iskaan Investment Llc
Seller's Agent
Dan Gordon
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Hazem Jaber
Coldwell Banker R.E. Group
List Price
$129,900
Sold Price
$123,000
Premium/Discount to List
-$6,900
-5.31%
Views
57

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.20%

Purchase Details

Listed on
Jun 10, 2020
Closed on
Sep 9, 2020
Sold by
Bamaung Joseph and Bamflfng Nwe Yi
Bought by
Matnivong Loan and Matnivong Khamphong
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Carol Meinhart
The Real Estate Group,Inc
List Price
$114,900
Sold Price
$109,000
Premium/Discount to List
-$5,900
-5.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Aug 16, 2006
Sold by
Capstone Quarters Urbana Llc
Bought by
Bamaung Joseph M and Bamaung Nwe Yi
Source: Public Records

Range of Values:

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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
Cruz Abimelec $132,500 None Listed On Document
Iskaan Investment Llc $246,000 None Listed On Document
Matnivong Loan $109,000 None Available
Bamaung Joseph M $143,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ba Maung Joseph $118,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2024 12/02/24 Sold $132,500 -1.9% $146 / Sq Ft
11/06/2024 11/06/24 Pending -- -- --
06/12/2024 06/12/24 For Sale $135,000 +9.8% $149 / Sq Ft
11/07/2023 11/07/23 Sold $123,000 -5.3% $137 / Sq Ft
10/19/2023 10/19/23 Pending -- -- --
09/28/2023 09/28/23 For Sale $129,900 +19.2% $144 / Sq Ft
09/09/2020 09/09/20 Sold $109,000 -5.1% $121 / Sq Ft
08/25/2020 08/25/20 Pending -- -- --
06/10/2020 06/10/20 For Sale $114,900 -- $128 / 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 $3,309 $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 $2,372 $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 $3,112 $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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12082382

Midwest Real Estate Data (MRED)

APN: 91-21-06-477-043