NOT LISTED FOR SALE

205 S Lynn St Urbana, IL 61802

Historic East Urbana Neighborhood

Estimated Value: $98,000 - $144,000

5 Beds
1 Bath
1,125 Sq Ft
$108/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $81,500 $72 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $937/month

141 Days on Market

Highlights

  • Porch
  • Patio
  • Storage Shed

About This Home

As of November 2016

Great Investment Opportunity - 2 properties on 1 lot. Main home has 2 bedrooms on main level and 2 upstairs, tall ceilings and large eat-in kitchen. New furnace, a/c, water heater and updated electrical 2011. Leased through June 2016. 2nd home is 1 bedroom, 1 bath with new roof in 2013 and new windows in 2015. Leased through July 2017. Conveniently located across from a park and close to bus lines. Off street parking. Both units are leased through July 31, 2017. New gutters 2016.

Last Agent to Sell the Property

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 05/23/2016

Last Buyer's Agent

Kimberly Clark

RE/MAX REALTY ASSOCIATES-CHA License #475132428

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,937

Year Built

  • Built in 1903

Lot Details

  • 7,013

Home Design

  • Aluminum Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms

Outdoor Features

  • Patio
  • Storage Shed
  • Porch

Schools

  • Leal Elementary School
  • UMS Middle School
  • UHS High School

Additional Features

  • Partial Basement
  • Lot Dimensions are 66 x 148.5
  • Cable TV Available

Community Details

  • 2 Units
  • William Harvey Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,937

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • New Construction: No
  • Subdivision Name: WILLIAM HARVEY
  • Year Built: 1903
  • Age: 100+ Years
  • Legal Description: LOT 14 WILLIAM HARVEY ADDITION
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bedrooms: 5
  • Other Equipment: TV-Cable
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Existing Basement/Foundation: Yes
  • MRD_AppliancesAndFeatures: Central Air Conditioner,Dishwasher,Stove,Range Hood,Refrigerator
  • MRD_AppliancesAndFeatures: Dishwasher,Stove,Range Hood,Refrigerator

Exterior Features

  • ExteriorFeatures: Patio, Porch, Storage Shed
  • List Price: 112500
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

  • Elementary School: LEAL
  • High School: UHS
  • Middle/Junior School: UMS

Lot Info

  • Lot Dimensions: 66 X 148.5

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 3937
  • Tax Year: 2014

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 20, 2024
Sold by
Clark Capital Property Llc
Bought by
Champaign Orange Llc
Current Estimated Value
$118,667

Purchase Details

Listed on
May 23, 2016
Closed on
Nov 12, 2016
Sold by
Ramer Ronald L and Ramer Shira
Bought by
Clark Daniel
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Kimberly Clark
RE/MAX REALTY ASSOCIATES-CHA
List Price
$125,000
Sold Price
$81,500
Premium/Discount to List
-$43,500
-34.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.53%
Original Mortgage
$61,125
Interest Rate
3.42%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Champaign Orange Llc -- None Listed On Document
Clark Daniel $81,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Champaign Orange Llc $75,000
Open Champaign Orange Llc $422,375
Previous Owner Clark Daniel $61,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $81,500 -34.8% $72 / Sq Ft
10/11/2016 10/11/16 Pending -- -- --
05/23/2016 05/23/16 For Sale $125,000 -- $111 / 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 $3,443 $35,470 $13,160 $22,310
2023 $3,443 $32,370 $12,010 $20,360
2022 $3,227 $29,810 $11,060 $18,750
2021 $2,999 $27,780 $10,310 $17,470
2020 $2,901 $26,970 $10,010 $16,960
2019 $2,818 $26,970 $10,010 $16,960
2018 $2,806 $27,160 $10,080 $17,080
2017 $2,903 $27,160 $10,080 $17,080
2016 $3,948 $37,140 $9,690 $27,450
2015 $3,991 $37,140 $9,690 $27,450
2014 $3,937 $37,140 $9,690 $27,450
2013 $3,886 $37,140 $9,690 $27,450
Source: Public Records

Agents Affiliated with this Home

  • Ryan Dallas

    Seller's Agent in 2016

    Ryan Dallas

    RYAN DALLAS REAL ESTATE

    (217) 712-3853

    22 in this area

    2,364 Total Sales

    Section Image
  • Kimberly Clark

    Buyer's Agent in 2016

    Kimberly Clark

    RE/MAX

    (217) 417-6745

    3 in this area

    195 Total Sales

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09411536

Midwest Real Estate Data (MRED)

APN: 92-21-16-103-021

Illinois Champaign County Urbana 61801 Historic East Urbana

205 S Lynn St, Urbana, IL

This home is located at 205 S Lynn St, Urbana, IL 61802 since 23 May 2016 and is currently estimated at $121,000, approximately $107 per square foot. This property was built in 1903. 205 S Lynn St is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes