NOT LISTED FOR SALE

1905 N Lincoln Ave Unit 228 Urbana, IL 61801

King Park Neighborhood

Estimated Value: $161,234 - $175,000

3 Beds
3 Baths
1,280 Sq Ft
$264/mo HOA Fee

Last Sold June 22, 2023

Last sale price $138,500 $108 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $1,289/month

Highlights

  • Living Room
  • Central Air
  • Family Room
  • Laundry Room
  • Dining Room
  • Carpet

About This Home

As of June 2023

Furnished unit with all appliances. Well kept. Owner managed. 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 1.2 miles from the University on the bus line. The condo fees cover cable/internet, garbage removal, exterior maintenance, lawn care, snow removal, parking and the upkeep on the site amenities. All three rooms are fully leased until 7/31/2024. A great investment opportunity.

Last Agent to Sell the Property

Hazem Jaber

Coldwell Banker R.E. Group License #475115467 Listed on: 06/13/2023

Coldwell Banker R.E. Group

Last Buyer's Agent

Hazem Jaber

Coldwell Banker R.E. Group License #475115467 Listed on: 06/13/2023

Coldwell Banker R.E. Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,468

Year Built

  • Built in 2006

Lot Details

  • 1,176

HOA Fees

  • $264 Monthly HOA Fees

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price

Schools

  • Urbana 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
  • 12 Units
  • Hazem A Jaber Association, Phone Number (217) 621-4965

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,468

Year Built

Built in 2006

Lot Details

0

HOA Fees

$264 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: 2
  • Legal Description: UNIT 1905-228 CAPSTONE QUARTERS CONDOS
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 1280
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1280
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1280
  • Basement Sq Ft: 0
  • Total Sq Ft: 1280
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1280
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 145000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • ParkingTotal: 3
  • Number of Cars: 3
  • Parking: Space/s

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: No
  • Association Fee: 264
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self Managed
  • Management Contact Name: Hazem A Jaber
  • Management Phone: 217-621-4965
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Parking, Insurance, Clubhouse, Exercise Facilities, Pool, Exterior Maintenance, Lawn Care, Snow Removal, Internet

Schools

  • Elementary School: Urbana Elementary School
  • 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: 4468.16
  • Tax Year: 2022

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2024
Sold by
Hasan Bakhtier
Bought by
Bayt Real Estate Llc-1905 N Lincoln Urbana Se
Current Estimated Value
$158,484

Purchase Details

Closed on
Jan 21, 2013
Sold by
Todorov Simeon D and Todorov Deirdre
Bought by
Wang Xiaohua

Purchase Details

Closed on
Jan 31, 2007
Sold by
Todorov Simeon and Todorov Deirdre
Bought by
Allana Rentals Inc

Purchase Details

Closed on
Sep 13, 2006
Sold by
Capstone Quarters Urbana Llc
Bought by
Todorov Simeon and Todorov Deirdre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage
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
Bayt Real Estate Llc-1905 N Lincoln Urbana Se -- None Listed On Document
Wang Xiaohua $85,000 None Available
Todorov Simeon D -- None Available
Allana Rentals Inc -- None Available
Todorov Simeon $170,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Todorov Simeon $153,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/22/2023 06/22/23 Sold $138,500 -4.5% $108 / Sq Ft
06/14/2023 06/14/23 For Sale $145,000 -- $113 / Sq Ft
06/13/2023 06/13/23 Pending -- -- --
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 $4,824 $56,280 $9,270 $47,010
2023 $4,824 $51,350 $8,460 $42,890
2022 $4,468 $47,280 $7,790 $39,490
2021 $4,109 $44,060 $7,260 $36,800
2020 $3,956 $42,780 $7,050 $35,730
2019 $3,844 $42,780 $7,050 $35,730
2018 $2,444 $29,660 $7,100 $22,560
2017 $2,529 $29,660 $7,100 $22,560
2016 $2,515 $29,660 $7,100 $22,560
2015 $2,543 $29,660 $7,100 $22,560
2014 $2,508 $29,660 $7,100 $22,560
2013 $2,475 $29,660 $7,100 $22,560
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11807476

Midwest Real Estate Data (MRED)

APN: 91-21-06-477-182