$426,700
SOLD FEB 12, 2025
-- Bed
-- Bath
1,320 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$323 Per Sq Ft

0 Day on Market

About This Home

As of February 2025

This home is located at 201 E California Ave, Urbana, IL 61801 and is currently priced at $426,700, approximately $323 per square foot. This property was built in 1965. 201 E California Ave is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

Last Agent to Sell the Property

Nick Taylor

Taylor Realty Associates License #471001633 Listed on: 12/03/2024

Last Buyer's Agent

Lisa Rector

KELLER WILLIAMS-TREC License #475146101

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,369

Year Built

  • Built in 1965

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 60 x 120

Additional Features

  • 2-Story Property
  • Forced Air Heating System

Listing and Financial Details

  • Tenant pays for air conditioning, electricity, heat

Community Details

Overview

  • 6 Units

Building Details

  • Electric Expense $2,186
  • Insurance Expense $2,942
  • Maintenance Expense $11,742
  • Other Expense $615
  • Trash Expense $586
  • Water Sewer Expense $1,335
  • Operating Expense $33,143
  • Gross Income $42,270
  • Net Operating Income $9,125

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,369

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Property Type: Commercial Sale
  • Property Type: Multi Family 5+
  • Property Sub-Type: Other
  • Stories: 2
  • Year Built: 1965
  • Built Before 1978 (Y/N): Yes
  • New Construction Y/N: No
  • Legal Description: LOT 4 LITTLER'S ADD
  • Information: None
  • Estimated Age: Older
  • Actual Status: Closed
  • ResoPropertyType: CommercialSale
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplaces: 5
  • Number of Washers: 5
  • Room: 0

Utilities

  • Heat/Ventilation: Forced Air

Fee Information

  • Trash Expense: 586
  • Water Sewer Expenses: 1335

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Dimensions: 60 X 120

Rental Info

  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Board Number: 22

Multi Family

  • Net Operating Income: 9125
  • Insurance Expense: 2942
  • ElectricExpense: 2186
  • GrossIncome: 42270
  • Maintenance Expense: 11742
  • NumberOfUnitsTotal: 6
  • OperatingExpense: 33143
  • Type Multi-Family: Other

Tax Info

  • Tax Annual Amount: 15369.4
  • Tax Year: 2023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2024
Closed on
Feb 12, 2025
Sold by
Quality Living Properties Llc
Bought by
Claremont Property Holdings Llc
Seller's Agent
Nick Taylor
Taylor Realty Associates
Buyer's Agent
Lisa Rector
KELLER WILLIAMS-TREC
List Price
$426,700
Sold Price
$426,700
Views
2
Current Estimated Value
$424,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,700
Avg. Annual Appreciation
-0.77%
Original Mortgage
$357,000
Outstanding Balance
$353,836
Interest Rate
7.04%
Mortgage Type
New Conventional
Estimated Equity
$70,164
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Type Sale Price Title Company
Deed $1,100,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $357,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/12/2025 02/12/25 Sold $426,700 0.0% $323 / Sq Ft
12/03/2024 12/03/24 Pending -- -- --
12/03/2024 12/03/24 For Sale $426,700 -- $323 / 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 $15,369 $158,360 $20,220 $138,140
2023 $15,369 $144,490 $18,450 $126,040
2022 $14,401 $133,050 $16,990 $116,060
2021 $13,385 $123,990 $15,830 $108,160
2020 $12,451 $115,750 $14,780 $100,970
2019 $12,096 $115,750 $14,780 $100,970
2018 $10,118 $97,940 $12,500 $85,440
2017 $10,467 $97,940 $12,500 $85,440
2016 $10,410 $97,940 $12,500 $85,440
2015 $10,023 $97,940 $12,500 $85,440
2014 $9,888 $93,270 $11,900 $81,370
2013 $9,758 $93,270 $11,900 $81,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12213984

Midwest Real Estate Data (MRED)

APN: 92-21-17-258-001