NOT LISTED FOR SALE

2418 E Illinois St Urbana, IL 61802

East Urbana Neighborhood

Estimated Value: $77,000 - $130,000

3 Beds
1 Bath
864 Sq Ft
$126/Sq Ft Est. Value

Last Sold December 01, 2021

Last sale price $50,000 $58 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $719/month

About This Home

As of December 2021

This is a great opportunity to own an investment property in Urbana! With some TLC, you could bring back the life to this home.

Last Agent to Sell the Property

Lisa Duncan

KELLER WILLIAMS-TREC License #475142322 Listed on: 11/12/2021

KELLER WILLIAMS-TREC

Last Buyer's Agent

Joseph Allen

KELLER WILLIAMS-TREC License #475197176

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Year Built

  • 1968

Lot Details

  • 6,098

Parking

  • Attached Garage
  • Parking Space is Owned

Home Design

  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 864 Sq Ft Home
  • 1-Story Property

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1968

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 182 SCOTTSWOOD 4TH SUB
  • Architectural Style: Ranch
  • Directions: East on Main. Right on Scottswood. Right on Illinois, house on the right.
  • Lot Size: 60X100
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Scottswood
  • Actual Status: Closed
  • Special Features: None
  • Year Built: 1968

Interior Features

  • Has Basement: None
  • Estimated Total Finished Sq Ft: 864
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 864
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Interior Amenities: First Floor Bedroom
  • Other Equipment: TV-Cable, CO Detectors
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable

Fee Information

  • Association Fee Includes: None

Schools

  • Junior High Dist: 116
  • Middle Or Junior School: Urbana Middle School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 1017.84
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 12, 2021
Closed on
Dec 1, 2021
Sold by
Prime Choice Properties Lc
Bought by
Enriquez Alberto J and Serratos Maria Guadalupe
Seller's Agent
Lisa Duncan
KELLER WILLIAMS-TREC
Buyer's Agent
Joseph Allen
KELLER WILLIAMS-TREC
List Price
$50,000
Sold Price
$50,000
Current Estimated Value
$108,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,521
Avg. Annual Appreciation
20.82%

Purchase Details

Listed on
Apr 5, 2016
Closed on
Dec 21, 2016
Sold by
Ku Joseung and Choi Jiin
Bought by
Prime Coice Properties Llc
Seller's Agent
Nate Evans
eXp Realty-Mahomet
Buyer's Agent
Eric Porter
The Real Estate Group,Inc
List Price
$69,900
Sold Price
$51,500
Premium/Discount to List
-$18,400
-26.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.60%
Original Mortgage
$51,500
Interest Rate
4.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 19, 2006
Sold by
Jung Jin Heon and Her Su Mi
Bought by
Ku Jaseung and Choi Jiin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 13, 2003
Sold by
Morris Brian J
Bought by
Jung Jin Heon and Her Su Mi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,600
Interest Rate
5.51%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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
Enriquez Alberto J $50,000 None Available
Prime Coice Properties Llc $51,500 None Available
Ku Jaseung $73,000 None Available
Jung Jin Heon $70,000 Allied Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Prime Coice Properties Llc $51,500
Previous Owner Ku Jaseung $50,000
Previous Owner Jung Jin Heon $55,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/01/2021 12/01/21 Sold $50,000 0.0% $58 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
11/12/2021 11/12/21 For Sale $50,000 -2.9% $58 / Sq Ft
01/09/2017 01/09/17 Sold $51,500 -26.3% $60 / Sq Ft View Prior Sale
12/03/2016 12/03/16 Pending -- -- --
04/05/2016 04/05/16 For Sale $69,900 -- $81 / 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 $1,828 $22,590 $3,390 $19,200
2023 $1,828 $21,370 $3,210 $18,160
2022 $1,710 $19,500 $2,930 $16,570
2021 $1,093 $18,460 $2,770 $15,690
2020 $1,018 $17,610 $2,640 $14,970
2019 $996 $17,610 $2,640 $14,970
2018 $957 $17,160 $2,570 $14,590
2017 $1,148 $19,000 $2,510 $16,490
2016 $1,107 $18,480 $2,440 $16,040
2015 $1,073 $18,040 $2,380 $15,660
2014 $1,106 $18,650 $2,460 $16,190
2013 $1,171 $19,670 $2,590 $17,080
Source: Public Records

Agents Affiliated with this Home

  • Lisa Duncan

    Seller's Agent in 2021

    Lisa Duncan

    KELLER WILLIAMS-TREC

    (217) 417-8402

    25 in this area

    390 Total Sales

    Lisa Duncan
    Section Image

  • J

    Buyer's Agent in 2021

    Joseph Allen

    KELLER WILLIAMS-TREC

    Section Image
  • Nate Evans

    Seller's Agent in 2017

    Nate Evans

    eXp Realty-Mahomet

    (217) 493-9297

    71 in this area

    1,834 Total Sales

    Nate Evans
    Section Image
  • Eric Porter

    Buyer's Agent in 2017

    Eric Porter

    The Real Estate Group,Inc

    (217) 369-7773

    8 in this area

    205 Total Sales

    Eric Porter
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11263389

Midwest Real Estate Data (MRED)

APN: 30-21-15-130-023

Illinois Champaign County Urbana 61802 East Urbana

2418 E Illinois St, Urbana, IL

Not Listed for Sale

Detached

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