NOT LISTED FOR SALE

2425 E Elm St Urbana, IL 61802

Estimated Value: $85,000 - $123,847

3 Beds
1 Bath
925 Sq Ft
$111/Sq Ft Est. Value

Last Sold November 30, 2021

Last sale price $70,000 $76 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $708/month

16 Days on Market

Highlights

  • Detached Garage
  • 1-Story Property
  • Combination Kitchen and Dining Room

About This Home

As of November 2021

Move in ready with 3 bedrooms, 1 bath with 2 car garage!! Spacious living room and kitchen with room for eat-in kitchen. Large corner lot with fenced in yard. Close to shopping, dining and easy Interstate access!

Last Agent to Sell the Property

Kimberly Clark

RE/MAX REALTY ASSOCIATES-CHA License #475132428 Listed on: 10/13/2021

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Lisa Rector

KELLER WILLIAMS-TREC License #475146101

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,764

Year Built

  • 1962

Lot Details

  • 7,405

Parking

  • Detached Garage
  • Driveway
  • Parking Space is Owned

Home Design

  • Slab Foundation
  • Aluminum Siding

Interior Spaces

  • 925 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,764

Year Built

1962

Lot Details

0

Parking

2

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: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 48 SCOTTSWOOD
  • Architectural Style: Ranch
  • Directions: Washington or Main Street East to Scottswood; then go North or South to Elm. House is at the corner of Elm & Scottswood
  • Lot Size: 79.1 X 102.48
  • New Construction: No
  • Ownership: Fee Simple
  • Subdivision Name: Scottswood
  • Special Features: None
  • Year Built: 1962

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 925
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 925
  • Basement Sq Ft: 0
  • Square Footage Comments: Minion
  • 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
  • Full Bathrooms: 1
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Building Type: Aluminum Siding
  • Lot Features: Corner Lot, Fenced Yard
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

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

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 964.36
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 13, 2021
Closed on
Nov 3, 2021
Sold by
Rentalls By Sb Llc
Bought by
Jrh Rental Propeties Lcl
Seller's Agent
Kimberly Clark
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Lisa Rector
KELLER WILLIAMS-TREC
List Price
$79,900
Sold Price
$70,000
Premium/Discount to List
-$9,900
-12.39%
Current Estimated Value
$102,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,962
Avg. Annual Appreciation
10.93%
Original Mortgage
$76,000
Interest Rate
3.09%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
May 28, 2019
Closed on
Jul 2, 2019
Sold by
Llini Management Llc
Bought by
Rentals By Sb Llc
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Kimberly Clark
RE/MAX REALTY ASSOCIATES-CHA
List Price
$55,000
Sold Price
$51,000
Premium/Discount to List
-$4,000
-7.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.98%
Original Mortgage
$38,250
Interest Rate
4%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2016
Sold by
Prime Hosuing Llc
Bought by
Llini Mangement Llc

Purchase Details

Closed on
Sep 3, 2015
Sold by
Blue Ridge Development Llc
Bought by
Prime Housing Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2007
Sold by
Homestead Corp Of Champaign Urbana
Bought by
Blue Ridge Development Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,000
Interest Rate
8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Jrh Rental Propeties Lcl $70,000 None Available
Rentals By Sb Llc $34,000 Allied Capital Title
Illini Management Llc $32,667 Allied Capital Title
Llini Mangement Llc -- None Available
Prime Housing Llc -- --
Blue Ridge Development Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jrh Rental Properties Llc $80,000
Closed Jrh Rental Propeties Lcl $76,000
Previous Owner Rentals By Sb Llc $38,250
Previous Owner Prime Housing Llc $4,500,000
Previous Owner Blue Ridge Development Llc $66,379
Previous Owner Blue Ridge Development Llc $342,825
Previous Owner Blue Ridge Development Llc $68,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2021 11/30/21 Sold $70,000 -12.4% $76 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/13/2021 10/13/21 For Sale $79,900 +56.7% $86 / Sq Ft
07/02/2019 07/02/19 Sold $51,000 -7.3% $55 / Sq Ft
05/31/2019 05/31/19 Pending -- -- --
05/28/2019 05/28/19 For Sale $55,000 -- $59 / 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 $1,764 $21,800 $3,390 $18,410
2023 $1,764 $20,630 $3,210 $17,420
2022 $1,650 $18,820 $2,930 $15,890
2021 $1,563 $17,820 $2,770 $15,050
2020 $964 $17,000 $2,640 $14,360
2019 $1,456 $17,000 $2,640 $14,360
2018 $1,772 $20,760 $2,570 $18,190
2017 $1,264 $20,310 $2,510 $17,800
2016 $1,218 $19,750 $2,440 $17,310
2015 $1,184 $19,280 $2,380 $16,900
2014 $1,218 $19,940 $2,460 $17,480
2013 $1,287 $21,030 $2,590 $18,440
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11245548

Midwest Real Estate Data (MRED)

APN: 30-21-15-129-037