NOT LISTED FOR SALE

2401 N Skyline Dr Urbana, IL 61802

Estimated Value: $309,244 - $320,000

0.37 Acre
$856,922 Price per Acre
16,117 Sq Ft Lot

Last Sold September 02, 2021

Last sale price $25,000

Est. 1,168% increase in value since last sale

Current estimated payment $2,188/month

11 Days on Market

About This Lot

As of September 2021

Wonderful .37 acre building lot in Somerset subdivision located just off of East Airport Rd. Newer subdivision with the convenience of being just minutes to the University of Illinois, shopping, hospitals and easy access to I-74. City amenities include water, sewer and fire/police protection. Take advantage of the THINK URBANA Program and save 55% off property taxes over 5 years and pay no sales taxes on construction materials. This lot features mature trees lining the back of property; providing privacy and shade. Please contact us for more information regarding other available lots. Drive by today!

Last Agent to Sell the Property

Eva Vlach

KELLER WILLIAMS-TREC License #475129616 Listed on: 07/04/2021

KELLER WILLIAMS-TREC

Last Buyer's Agent

Eva Vlach

KELLER WILLIAMS-TREC License #475129616 Listed on: 07/04/2021

KELLER WILLIAMS-TREC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,147

Lot Details

  • 0.37 Acre Lot
  • Lot Dimensions are 63.42 x 163.57 x 162 x 120
  • Property is zoned SINGL

Schools

  • Yankee Ridge Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • No Laundry Facilities

Property Details

Property Type

Land

Est. Annual Taxes

$6,147

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Concrete
  • General Information: Interstate Access
  • Legal Description: LOT 534 SOMERSETT SUB NO 5
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Description: None
  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • List Price: 25000
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Laundry Features: None
  • Utilities: Electric to Site, Gas to Site, Water-Municipal

Schools

  • Elementary School: Yankee Ridge Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Size Acres: 0.37
  • Lot Dimensions: 63.42 X 163.57 X 162 X 120
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Subdivision Lot Number: 534

Rental Info

  • Board Number: 22

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 11
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2021
Closed on
Aug 25, 2021
Sold by
Flesner Development Co
Bought by
Tipsword Brandon M and Tipsword Stacey L
Seller's Agent
Eva Vlach
KELLER WILLIAMS-TREC
Buyer's Agent
Eva Vlach
KELLER WILLIAMS-TREC
List Price
$25,000
Sold Price
$25,000
Current Estimated Value
$317,061

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,061
Avg. Annual Appreciation
84.98%
Original Mortgage
$22,500
Outstanding Balance
$4,936
Interest Rate
4.75%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$312,125
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Tipsword Brandon M $25,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tipsword Brandon M $22,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/02/2021 09/02/21 Sold $25,000 0.0% --
07/16/2021 07/16/21 Pending -- -- --
07/04/2021 07/04/21 For Sale $25,000 -- --
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 $6,147 $106,300 $16,470 $89,830
2023 $6,147 $100,530 $15,030 $85,500
2022 $1,499 $13,840 $13,840 $0
2021 $11 $100 $100 $0
2020 $11 $100 $100 $0
2019 $11 $100 $100 $0
2018 $11 $100 $100 $0
2017 $11 $100 $100 $0
2016 $11 $100 $100 $0
2015 $11 $100 $100 $0
2014 $11 $100 $100 $0
2013 $10 $100 $100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11144591

Midwest Real Estate Data (MRED)

APN: 91-21-03-102-009