$186,700
SOLD MAY 15, 2025

1905 N Lincoln Ave Unit 215 Urbana, IL 61801

King Park Neighborhood
4 Beds
4 Baths
1,547 Sq Ft
$350/mo HOA Fee

Recently Sold

$121 Per Sq Ft

1% Above List Price

7 Days on Market

Highlights

  • Living Room
  • Forced Air Heating and Cooling System
  • Family Room
  • Laundry Room
  • Dining Room

About This Home

As of May 2025

1905 Lincoln Ave Unit 215 is a 4 bedroom 4 bathroom unit located just behind 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 has one bedroom leased through the end of July, 2025 and one bedroom leased for the upcoming lease term (through July 2026). This is a wonderful opportunity for an investor or even has the potential to become an owner occupied unit with roommates.

Last Agent to Sell the Property

Jordan Dunahee

Ramshaw Real Estate License #475181066 Listed on: 04/02/2025

Last Buyer's Agent

Nate Zarzar

KELLER WILLIAMS-TREC License #475199609

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,213

Year Built

  • Built in 2006

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • 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
  • Parking Included in Price

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
  • Jennifer Association, Phone Number (217) 367-7368
  • Low-Rise Condominium
  • Property managed by Ramshaw Real Estate

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,213

Year Built

Built in 2006

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Low Rise (1-3 Stories)
  • Ownership: Condo
  • EntryLevel: 2
  • New Construction: No
  • Property Sub-Type: Low Rise (1-3 Stories)
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT PT COMMONS 1 CAPSTONE QUARTERS CONDO
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 3

Interior Features

  • Basement: None
  • Full Bathrooms: 4
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • LivingArea: 1547
  • Room Type: Other Room
  • Stories Total: 3
  • Estimated Total Finished Sq Ft: 1547
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1547
  • ResoLivingAreaSource: Estimated

Exterior Features

  • Construction Materials: Vinyl Siding, Brick
  • Waterfront: No

Garage/Parking

  • Parking Features: On Site
  • ParkingTotal: 4

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 350
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Ramshaw Real Estate
  • Management Contact Name: Jennifer
  • Management Phone: 217-367-7368
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Clubhouse, Pool, Exterior Maintenance, Lawn Care, Snow Removal, Other

Schools

  • Elementary School: Urbana Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 6213
  • Tax Year: 2023

Multi Family

  • Units in Building: 56

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2025
Closed on
May 15, 2025
Sold by
Chi Helen
Bought by
Johnson Thomas
Seller's Agent
Jordan Dunahee
Ramshaw Real Estate
Buyer's Agent
Nate Zarzar
KELLER WILLIAMS-TREC
List Price
$185,000
Sold Price
$186,700
Premium/Discount to List
$1,700
0.92%
Views
22
Current Estimated Value
$192,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$6,211
Avg. Annual Appreciation
5.61%
Original Mortgage
$173,630
Outstanding Balance
$172,982
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$19,929

Purchase Details

Closed on
May 23, 2016
Sold by
Kim Jeemee and Kim Jee Mee
Bought by
Chi Helen

Purchase Details

Closed on
Nov 15, 2012
Sold by
Azuma Mie and Wen Jianguo
Bought by
Kim Jee Mee

Purchase Details

Closed on
May 19, 2008
Sold by
Capstone Quarters Urbana Llc
Bought by
Azuma Mie and Wen Jianguo

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
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Warranty Deed $189,000 None Listed On Document
Warranty Deed $143,000 None Available
Warranty Deed $97,000 None Available
Special Warranty Deed $144,500 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $173,630 New Conventional
Previous Owner $115,560 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2025 05/15/25 Sold $186,700 +0.9% $121 / Sq Ft
04/09/2025 04/09/25 Pending -- -- --
04/02/2025 04/02/25 For Sale $185,000 +29.4% $120 / Sq Ft
08/01/2016 08/01/16 Sold $143,000 -1.4% $96 / Sq Ft View Prior Sale
06/12/2016 06/12/16 Pending -- -- --
06/01/2016 06/01/16 For Sale $145,000 -- $98 / 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 $4,115 $38,720 $7,100 $31,620
2015 $4,161 $38,720 $7,100 $31,620
2014 $4,105 $38,720 $7,100 $31,620
2013 $3,423 $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: 12327389

Midwest Real Estate Data (MRED)

APN: 91-21-06-477-171