NOT LISTED FOR SALE

2304 Melrose Dr Unit A Champaign, IL 61820

Champaign Area

Estimated Value: $172,783

3 Beds
1 Bath
1,170 Sq Ft
2,962 Sq Ft Lot

Sale Details

Date Sold: March 29, 2024

Last sale price $167,900 $144 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,326 / mo

About This Home

As of March 2024

1 story end unit in Colony West! Zero lot line with 3 bedrooms, 1 bathroom, living room, dining space and kitchen. The unit features vaulted ceiling in the living room and all of the bedrooms. New carpet in the bedrooms and updated vinyl tile in the kitchen and dining room. The paint has been upgraded throughout the unit and it is ready for move in! Outside is a fenced yard with new concrete patio and small garden shed.

Last Agent to Sell the Property

Mark Panno

KELLER WILLIAMS-TREC License #475164947 Listed on: 02/27/2024

KELLER WILLIAMS-TREC

Last Buyer's Agent

Marty Carlson

Taylor Realty Associates License #471001025

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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,755

Year Renovated

  • 2024

Lot Details

  • 2,962

HOA Fees

  • $106 Monthly HOA Fees

Parking

  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Crawl Space

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Schools

  • Champaign Elementary School
  • Champaign/Middle Call Unit 4 351
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 4 Units
  • Terri C Association, Phone Number (217) 352-3410
  • Property managed by Colony West Home Owners Association

Pet Policy

  • Dogs Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,755

Year Renovated

2024

Lot Details

2,962 Sq Ft Lot

HOA Fees

$106 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Unit Floor Level: 1
  • Rehab Year: 2024
  • Legal Description: LOT 317 COLONY WEST PHASE III
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Renovated: 2024

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplaces: 1
  • LivingArea: 1170
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1170
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 1170
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Dogs OK
  • Association Fee: 106
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Colony West Home Owners Association
  • Management Contact Name: Terri C
  • Management Phone: 217-352-3410
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Other

Schools

  • Elementary School: Champaign Elementary School
  • High School: Central High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351

Lot Info

  • Lot Dimensions: 40X80
  • Special Assessments: Y
  • Zero Lot Line: No

Rental Info

  • Board Number: 22
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2755
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2024
Closed on
May 9, 2024
Sold by
Bought by
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Marty Carlson
Taylor Realty Associates
List Price
$164,900
Sold Price
$167,900
Premium/Discount to List
$3,000
1.82%
Views
40
Current Estimated Value
$172,783

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,883
Avg. Annual Appreciation
1.21%
Original Mortgage
$162,863
Outstanding Balance
$158,595
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$14,188

Purchase Details

Listed on
Feb 27, 2024
Closed on
Mar 29, 2024
Sold by
Bought by
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Marty Carlson
Taylor Realty Associates
List Price
$164,900
Sold Price
$167,900
Premium/Discount to List
$3,000
1.82%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,863
Outstanding Balance
$158,595
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$14,188

Purchase Details

Listed on
Feb 27, 2024
Closed on
Jan 30, 2024
Sold by
Bought by
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Marty Carlson
Taylor Realty Associates
List Price
$164,900
Sold Price
$167,900
Premium/Discount to List
$3,000
1.82%
Views
40

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$162,863
Outstanding Balance
$158,595
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$14,188

Purchase Details

Closed on
May 25, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,600
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Listed On Document
$168,000 None Listed On Document
$115,000 None Listed On Document
$112,500 None Available
$115,000 None Available
$92,000 Allied Title Services
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $162,863
Previous Owner $90,000
Previous Owner $92,000
Previous Owner $73,600
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/29/2024 03/29/24 Sold $167,900 +1.8% $144 / Sq Ft
02/28/2024 02/28/24 Pending -- -- --
02/27/2024 02/27/24 For Sale $164,900 -- $141 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $3,257 $48,030 $4,650 $43,380
2024 $2,974 $42,800 $4,140 $38,660
2023 $2,974 $38,980 $3,770 $35,210
2022 $2,755 $35,960 $3,480 $32,480
2021 $2,678 $35,250 $3,410 $31,840
2020 $2,682 $35,250 $3,410 $31,840
2019 $2,585 $34,530 $3,340 $31,190
2018 $2,044 $33,990 $3,290 $30,700
2017 $2,172 $35,040 $3,390 $31,650
2016 $1,878 $34,320 $3,320 $31,000
2015 $1,927 $33,710 $3,260 $30,450
2014 $1,910 $33,710 $3,260 $30,450
2013 $1,893 $33,710 $3,260 $30,450
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11981049

Midwest Real Estate Data (MRED)

APN: 45-20-24-358-005

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