$75,000
SOLD AUG 15, 2024

2424 E Elm St Urbana, IL 61802

3 Beds
1 Bath
925 Sq Ft
6,708 Sq Ft Lot

Recently Sold

$81 Per Sq Ft

15 Days on Market

Highlights

  • Corner Lot
  • 1-Story Property
  • Forced Air Heating System
  • 1 Car Attached Garage

About This Home

As of August 2024

Looking for a new property to add to your investment portfolio? This 3 bedroom home on a large corner lot is it! The traditional layout provides a spacious living room, an eat-in kitchen, 3 bedrooms, and an attached garage. Close to Weaver park and plenty of nearby shopping. 120% of average rents for a 3 bedroom in this area according to the 2024 Rent Survey Database allows for $1635/month. Selling as-is.

Last Agent to Sell the Property

Lisa Rector

KELLER WILLIAMS-TREC License #475146101 Listed on: 07/05/2024

KELLER WILLIAMS-TREC

Last Buyer's Agent

timothy leyhe

SVN | North Star License #475201246

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,068

Year Built

  • Built in 1963

Lot Details

  • Lot Dimensions are 64x62x72
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Leal Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,068

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1963
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 50 SCOTTSWOOD
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 925
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 925
  • Assessed Sq Ft: 925
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 925
  • Basement Sq Ft: 0
  • Total Sq Ft: 925
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 925
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 75000
  • Lot Features: Corner Lot
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: None
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Leal Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: 64X62X72
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 2068
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2024
Closed on
Aug 15, 2024
Sold by
Visek Dianna
Bought by
Propiedades Correa Llc
Seller's Agent
Lisa Rector
KELLER WILLIAMS-TREC
Buyer's Agent
timothy leyhe
SVN | North Star
List Price
$75,000
Sold Price
$75,000
Views
38
Current Estimated Value
$80,560

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,560
Avg. Annual Appreciation
10.28%
Original Mortgage
$60,000
Outstanding Balance
$59,381
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$23,252

Purchase Details

Listed on
Jul 5, 2024
Closed on
Jul 25, 2024
Sold by
Barham Patricia and Bradley Ronald
Bought by
Visek Dianna
Seller's Agent
Lisa Rector
KELLER WILLIAMS-TREC
Buyer's Agent
timothy leyhe
SVN | North Star
List Price
$75,000
Sold Price
$75,000
Views
38

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Outstanding Balance
$59,381
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$23,252
Source: Public Records

Similar Home in Urbana, IL

  • 1205 W Beech St, Urbana, IL 61801

    $75,000

    • 2 Beds
    • 1 Bath
    • 824 Sq Ft
    • 1205 W Beech St
    • Urbana, IL

    Bring your creativity to this two bedroom bungalow in the heart of Urbana! Enjoy plenty of shade from the mature trees flanking the path up to the covered front porch. Once inside, you'll discover a spacious living room, separate dining room and large kitchen. Find great space to play in the deep yard or soak up the sunshine on the back deck. Sold as is. Sitting just minutes from the interstate,

    Ryan Dallas RYAN DALLAS REAL ESTATE

    Section Image

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 Type Sale Price Title Company
Warranty Deed $75,000 None Listed On Document
Quit Claim Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $60,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2024 08/15/24 Sold $75,000 0.0% $81 / Sq Ft
07/12/2024 07/12/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $75,000 -- $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 $2,068 $25,560 $3,390 $22,170
2023 $2,068 $24,180 $3,210 $20,970
2022 $1,934 $22,060 $2,930 $19,130
2021 $1,831 $20,890 $2,770 $18,120
2020 $1,747 $19,930 $2,640 $17,290
2019 $1,707 $19,930 $2,640 $17,290
2018 $1,658 $19,420 $2,570 $16,850
2017 $1,642 $19,000 $2,510 $16,490
2016 $1,634 $18,480 $2,440 $16,040
2015 $1,607 $18,040 $2,380 $15,660
2014 $1,629 $18,650 $2,460 $16,190
2013 $1,684 $19,670 $2,590 $17,080
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12095171

Midwest Real Estate Data (MRED)

APN: 30-21-15-128-032