NOT LISTED FOR SALE

2501 Melrose Dr Champaign, IL 61820

Estimated Value: $250,000 - $294,000

3 Beds
3 Baths
1,756 Sq Ft
$156/Sq Ft Est. Value

Last Sold October 02, 2020

Last sale price $164,500 $94 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $1,842/month

14 Days on Market

Highlights

  • Ranch Style House
  • Wood Flooring
  • Attached Garage
  • Central High School Rated A
  • Enclosed Patio or Porch
  • Built-In Features

About This Home

As of October 2020

Solid brick ranch in established neighborhood, close to parks and bus line. New roof, fresh interior and exterior paint, and new carpet in living room, family room, and dining room (2020). Located on a corner lot on cul-de-sac. Enjoy peaceful mornings or the evening sunset from the three season room overlooking the great backyard.

Last Agent to Sell the Property

Creg McDonald

Realty Select One License #471008296 Listed on: 08/03/2020

Co-Listed By

John Gilman

Realty Select One License #475139372

Last Buyer's Agent

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,536

Year Built

  • 1965

Lot Details

  • 9,975

Parking

  • Attached Garage
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Brick Exterior Construction

Interior Spaces

  • Bathroom on Main Level
  • Built-In Features
  • Wood Burning Fireplace
  • Wood Flooring
  • Crawl Space
  • Laundry on main level

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Utilities

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

Additional Features

  • North or South Exposure
  • Enclosed Patio or Porch
  • Property is near a bus stop

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,536

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2.1
  • Total Sq Ft: 1756
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1965
  • Tax Exemptions: Homeowner, Senior
  • Total Sq Ft: 1756
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Interior Property Features: Hardwood Floors, 1st Floor Bedroom, 1st Floor Laundry, 1st Floor Full Bath, Built-in Features
  • Number Of Rooms: 7
  • Living Room: Dimensions: 18X13, On Level: Main Level, Flooring: Carpet
  • Appliances: Oven/Range, Microwave, Dishwasher
  • Fireplace Details: Wood Burning
  • Fireplace Location: Living Room
  • Basement: Crawl
  • Bedrooms All Levels: 3
  • Above Grade Bedrooms: 3
  • Laundry: Dimensions: 11X10, On Level: Main Level, Flooring: Other
  • Dining Room: Dimensions: 13X10, On Level: Main Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 12X11, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: Enclosed Porch
  • Master Bedroom: Dimensions: 13X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Enclosed Porch, Dimensions: 24X10, On Level: Main Level, Flooring: Other
  • Bedroom 2: Dimensions: 13X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X9, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 1756
  • Estimated Total Finished Sq Ft: 1756
  • Main Level Sq Ft: 1756
  • Dining Room Type: Separate
  • Family Room: Dimensions: 16X11, On Level: Main Level, Flooring: Carpet

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 4
  • Elementary School: Unit 4 Of Choice
  • Middle School: Champaign/Middle Call Unit 4 351
  • High School: Central High School
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 74X100X112X102
  • Parcel Identification Number: 032025103017

Tax Info

  • Taxes: 2753.38

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2020
Closed on
Sep 28, 2020
Sold by
Minnick Danny Jean and Minnick Family Revocable Trust
Bought by
Collier David A
Seller's Agent
Creg McDonald
Realty Select One
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$189,900
Sold Price
$164,500
Premium/Discount to List
-$25,400
-13.38%
Current Estimated Value
$270,695

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,195
Avg. Annual Appreciation
10.84%
Original Mortgage
$156,275
Outstanding Balance
$138,607
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$134,597

Purchase Details

Closed on
Nov 1, 2012
Sold by
Minnick Mary Louise
Bought by
Koertge Constance L
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
Collier David A $164,500 Allied Capital Title
Koertge Constance L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Collier David A $156,275
Previous Owner Minnick Ernest D $23,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2020 10/02/20 Sold $164,500 -6.0% $94 / Sq Ft
08/17/2020 08/17/20 Pending -- -- --
08/12/2020 08/12/20 Price Changed $175,000 -7.8% $100 / Sq Ft
08/03/2020 08/03/20 For Sale $189,900 -- $108 / 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 $4,536 $73,400 $18,110 $55,290
2023 $4,536 $67,770 $16,720 $51,050
2022 $4,254 $63,220 $15,600 $47,620
2021 $4,144 $62,100 $15,320 $46,780
2020 $3,738 $61,490 $15,170 $46,320
2019 $2,753 $58,420 $14,410 $44,010
2018 $2,751 $57,120 $14,410 $42,710
2017 $2,760 $55,960 $14,410 $41,550
2016 $2,470 $55,960 $14,410 $41,550
2015 $2,543 $55,960 $14,410 $41,550
2014 $2,774 $52,390 $14,410 $37,980
2013 $2,493 $51,270 $14,410 $36,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10773086

Midwest Real Estate Data (MRED)

APN: 03-20-25-103-017