2302 Melrose Dr Unit C Champaign, IL 61820
Bolten Field NeighborhoodEstimated Value: $151,000 - $205,000
3
Beds
1.5
Baths
1,512
Sq Ft
$95/mo
HOA Fee
Highlights
- Formal Dining Room
- Cul-De-Sac
- Central Air
- Central High School Rated A
- Shed
- Dogs and Cats Allowed
About This Home
As of August 2021Colony West Location is Close to Campus and All Conveniences with Quick Access connecting Champaign and Urbana...Condo Buildings Well Maintained and Architecturally Designed Ahead of their 1975-1989 Era! SELLING "AS - IS".. WATER IS SHUT OFF ..ORIGINAL and ONLY Owner used as Art Studio... Unit was Unoccupied for Several Months in recent years...ONLY UPDATE IS NEW FURNACE (Goodman w/10 yr Warranty Transferable to New Owners at Closing) Installed FEB 2021(located in crawlspace) Due to Old Furnace Failing During Severe Cold Weather...CRAWLSPACE PLUMBING REPAIRED FEB 2021 DUE TO Pipes Burst...During June Cleanout of Unit ..Plumbing Upstairs Leaked causing DAMAGE TO LIVING ROOM CEILING...Further Plumbing Repairs Now Completed...Living Room Water Damaged Ceiling Removed..Drywall Disturbed in Upstairs Bath..Water Lines on Second Floor FIXED..Kitchen Sink Leak Fixed..( All at Seller's Expense)... All Original Carpeting is Removed...Kitchen-Dining Opens to Charming Deck Courtyard with Recent Fencing and Gate.. Cathedral Ceilings Upstairs...Master Bedroom Features Huge Walk-in Closet...South Exposure Onto Cul-de-Sac Circle Parking...Adopt This One...Give it Love and Updates...Move in and Enjoy..or Use as Investment!
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $2,210
Year Built
- Built in 1977
Lot Details
- 1,612
HOA Fees
- $95 Monthly HOA Fees
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,512 Sq Ft Home
- 2-Story Property
- Formal Dining Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Parking
- 1 Parking Space
- Uncovered Parking
- Parking Included in Price
Schools
- Unit 4 Of Choice Elementary School
- Champaign/Middle Call Unit 4 351
- Central High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Additional Features
- Shed
- Cul-De-Sac
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Community Details
Overview
- 3 Units
- Colony West Association, Phone Number (217) 202-9000
- Colony West Subdivision
- Property managed by Colony West
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 25, 2021
Closed on
Aug 4, 2021
Sold by
Lindley Donald D and Clifford Dixon Trust
Bought by
Petty Terese and Petty William
Seller's Agent
betty gauze
Team Gauze,Inc
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$119,000
Sold Price
$117,500
Premium/Discount to List
-$1,500
-1.26%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,912
Avg. Annual Appreciation
10.05%
Original Mortgage
$111,625
Outstanding Balance
$103,063
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$67,124
Purchase Details
Closed on
Feb 24, 2020
Sold by
Dixon Clifford
Bought by
Dixon Clifford and Lindley Donald D
Similar Homes in Champaign, IL
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Petty Terese | $117,500 | None Available | |
| Dixon Clifford | -- | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Petty Terese | $111,625 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/06/2021 08/06/21 | Sold | $117,500 | -1.3% | $78 / Sq Ft |
| 07/17/2021 07/17/21 | Pending | -- | -- | -- |
| 06/25/2021 06/25/21 | For Sale | $119,000 | -- | $79 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $2,959 | $42,620 | $2,530 | $40,090 |
| 2023 | $2,959 | $38,810 | $2,300 | $36,510 |
| 2022 | $2,740 | $35,800 | $2,120 | $33,680 |
| 2021 | $2,206 | $35,100 | $2,080 | $33,020 |
| 2020 | $2,210 | $35,100 | $2,080 | $33,020 |
| 2019 | $2,118 | $34,380 | $2,040 | $32,340 |
| 2018 | $2,055 | $33,840 | $2,010 | $31,830 |
| 2017 | $2,158 | $34,880 | $2,070 | $32,810 |
| 2016 | $1,916 | $34,160 | $2,030 | $32,130 |
| 2015 | $1,913 | $33,550 | $1,990 | $31,560 |
| 2014 | $1,897 | $33,550 | $1,990 | $31,560 |
| 2013 | $1,880 | $33,550 | $1,990 | $31,560 |
Source: Public Records
Agents Affiliated with this Home
-
betty gauze
Seller's Agent in 2021
betty gauze
Team Gauze,Inc
(217) 202-9000
4 in this area
66 Total Sales
-
Ryan Dallas
Buyer's Agent in 2021
Ryan Dallas
RYAN DALLAS REAL ESTATE
(217) 493-5068
38 in this area
2,386 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11135428
APN: 45-20-24-358-004
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