2502 Somerset Dr Urbana, IL 61802
4
Beds
2.5
Baths
2,369
Sq Ft
0.35
Acres
Highlights
- Formal Dining Room
- 2 Car Attached Garage
- Living Room
- Porch
- Patio
- Laundry Room
About This Home
As of June 2025Don't miss your opportunity to own this large house in a private neighborhood! You immediately notice all the space as you enter into the welcoming entryway with tile flooring. You'll walk into the spacious living room with hardwood floors that moves seamlessly into the dining room and kitchen. Outside, in the fully fenced yard, you'll notice tons of space, a storage shed, and large above ground pool - everything you need to entertain! Upstairs are 4 bedrooms - one over the garage can be used as a large bedroom, a flex room, or anything you need! The master bedroom has an ensuite complete with double sinks and plenty of storage. Other updates include: Water heater (2019) and roof (2023).
Last Agent to Sell the Property
KELLER WILLIAMS-TREC Brokerage Phone: (217) 356-6100 License #475146101 Listed on: 04/18/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,856
Lot Details
- 0.35 Acre Lot
- Lot Dimensions are 55x145x147x207
Parking
- 2 Car Attached Garage
- Parking Included in Price
Home Design
- Vinyl Siding
Interior Spaces
- 2,369 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Carpet
- Crawl Space
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Outdoor Features
- Patio
- Porch
Schools
- Martin Luther King Jr Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
Community Details
- Somerset Subdivision
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 18, 2025
Closed on
Jun 20, 2025
Sold by
August Properties C-U Llc
Bought by
Campbell Linda
Seller's Agent
Lumen Loves
KELLER WILLIAMS-TREC
Buyer's Agent
Tricia Peoples
Realty Specialists, Inc.
List Price
$349,900
Sold Price
$328,500
Premium/Discount to List
-$21,400
-6.12%
Views
81
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.59%
Original Mortgage
$312,075
Outstanding Balance
$312,075
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$18,598
Purchase Details
Listed on
Apr 18, 2024
Closed on
Dec 24, 2024
Sold by
Clark Marcia and Thompson Shaun
Bought by
August Properties C-U Llc
Seller's Agent
Lisa Rector
KELLER WILLIAMS-TREC
Buyer's Agent
Lumen Loves
KELLER WILLIAMS-TREC
List Price
$260,000
Sold Price
$228,500
Premium/Discount to List
-$31,500
-12.12%
Views
186
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
109.76%
Original Mortgage
$182,800
Interest Rate
6.84%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 29, 2007
Sold by
Giddens Jones Dandra K and Jones Keith L
Bought by
Clark Marcia and Thompson Shaun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,650
Interest Rate
6.42%
Mortgage Type
Stand Alone Second
Purchase Details
Closed on
Oct 17, 2003
Sold by
North John
Bought by
Giddens Jones Dandrea K and Jones Keith L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,291
Interest Rate
6.49%
Mortgage Type
FHA
Similar Homes in Urbana, IL
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $328,500 | First American Title | |
| Warranty Deed | $228,500 | None Listed On Document | |
| Warranty Deed | $228,500 | None Listed On Document | |
| Warranty Deed | $174,000 | None Available | |
| Warranty Deed | $158,500 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $312,075 | New Conventional | |
| Previous Owner | $182,800 | New Conventional | |
| Previous Owner | $129,300 | New Conventional | |
| Previous Owner | $34,650 | Stand Alone Second | |
| Previous Owner | $139,200 | Purchase Money Mortgage | |
| Previous Owner | $156,291 | FHA |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/20/2025 06/20/25 | Sold | $328,500 | -3.4% | $137 / Sq Ft |
| 05/25/2025 05/25/25 | Pending | -- | -- | -- |
| 05/15/2025 05/15/25 | Price Changed | $339,900 | -2.9% | $141 / Sq Ft |
| 04/18/2025 04/18/25 | Price Changed | $349,900 | 0.0% | $145 / Sq Ft |
| 04/18/2025 04/18/25 | For Sale | $349,900 | +53.1% | $145 / Sq Ft |
| 12/24/2024 12/24/24 | Sold | $228,500 | -6.7% | $96 / Sq Ft |
| 11/07/2024 11/07/24 | Pending | -- | -- | -- |
| 09/17/2024 09/17/24 | Price Changed | $244,900 | -2.0% | $103 / Sq Ft |
| 08/12/2024 08/12/24 | Price Changed | $249,900 | -3.9% | $105 / Sq Ft |
| 07/31/2024 07/31/24 | For Sale | $260,000 | 0.0% | $110 / Sq Ft |
| 05/02/2024 05/02/24 | Pending | -- | -- | -- |
| 04/12/2024 04/12/24 | For Sale | $260,000 | -- | $110 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,306 | $71,540 | $16,470 | $55,070 |
| 2023 | $6,306 | $65,280 | $15,030 | $50,250 |
| 2022 | $5,857 | $60,110 | $13,840 | $46,270 |
| 2021 | $5,400 | $56,020 | $12,900 | $43,120 |
| 2020 | $5,204 | $54,380 | $12,520 | $41,860 |
| 2019 | $5,056 | $54,380 | $12,520 | $41,860 |
| 2018 | $5,038 | $54,770 | $12,610 | $42,160 |
| 2017 | $5,212 | $54,770 | $12,610 | $42,160 |
| 2016 | $4,959 | $52,660 | $12,120 | $40,540 |
| 2015 | $5,014 | $52,660 | $12,120 | $40,540 |
| 2014 | $4,946 | $52,660 | $12,120 | $40,540 |
| 2013 | $4,882 | $52,660 | $12,120 | $40,540 |
Source: Public Records
Agents Affiliated with this Home
-
Lumen Loves
L
Seller's Agent in 2025
Lumen Loves
KELLER WILLIAMS-TREC
(217) 649-8999
57 Total Sales
-
Tricia Peoples
T
Buyer's Agent in 2025
Tricia Peoples
Realty Specialists, Inc.
(217) 390-2651
2 Total Sales
-
Lisa Rector
Seller's Agent in 2024
Lisa Rector
KELLER WILLIAMS-TREC
(217) 778-3635
384 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12028296
APN: 91-21-03-126-028
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