NOT LISTED FOR SALE

2614 E Main St Urbana, IL 61802

Estimated Value: $86,005 - $100,000

1 Bed
1 Bath
612 Sq Ft
$153/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $70,000 $114 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $599/month

1 Day on Market

About This Home

As of February 2022

The Perfect home for so many! Located on Main St in Urbana. This home offers so much flexibility. Whether that be an Amazing move-in-ready personal residence with payments cheaper than you can rent for. An Airbnb/VRBO which are crushing it all over the community for investments. It's also a cash flow machine and rents effortlessly. It's a 1 bedroom home with 1 full bath, on a great lot with a large garage. Garage could be rented also, or makes great storage because of the size. Large kitchen, with breakfast bar, and spacious living room with laminate floors. Convenient access to the U of I, Shopping, food, restaurant, and bus lines. Just enjoy simple living without the stress of large payments. Chicago Title has your payments at $544/month including tax and insurance if you used a FHA product which is as little as 3.5% down. Conventional 25% down has it at 415/month. (Disclaimer: price will change depending on interest rates)

Last Agent to Sell the Property

Nate Evans

eXp Realty-Mahomet License #475124281 Listed on: 01/18/2022

eXp Realty-Mahomet

Last Buyer's Agent

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,067

Lot Details

  • 0.34

Parking

  • Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 612 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,067

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: Unknown
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT PT 1 SUB OF PT OF SW 1/4 SE 1/4 SEC. 10, AND NW 1/4 NE 1/4 SEC. 15-19-9, M.W. BUSEY'S
  • Architectural Style: Ranch
  • Directions: From University Ave, South on Smith Rd. Left on E Main St.
  • Lot Size: 60X169X92.5
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None

Interior Features

  • Appliances: Range, Refrigerator
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 612
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 612
  • Basement Sq Ft: 0
  • Total Sq Ft: 612
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 612
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Full Bathrooms: 1
  • Possible Bedrooms: 1
  • Total Bedrooms: 1
  • Interior Amenities: Wood Laminate Floors, First Floor Laundry
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Deck
  • Exterior Building Type: Vinyl Siding
  • Lot Features: Mature Trees
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: None
  • Heating: Radiant, Radiator(s)
  • Sewer: Septic-Private
  • Water Source: Public

Condo/Co-op/Association

  • 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

  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 1337.14
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2022
Closed on
Feb 28, 2022
Sold by
Llc- Rnh
Bought by
Shade Randall S and Shade Candy K
Seller's Agent
Nate Evans
eXp Realty-Mahomet
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$69,900
Sold Price
$70,000
Premium/Discount to List
$100
0.14%
Current Estimated Value
$93,501

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,501
Avg. Annual Appreciation
8.65%
Original Mortgage
$66,500
Outstanding Balance
$62,126
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$31,375

Purchase Details

Closed on
Apr 14, 2016
Sold by
Pathfinder Group Of Illinois Llc
Bought by
Rnh Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,452
Interest Rate
3.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 2009
Sold by
Riley Homes
Bought by
Pathfinder Group Of Illinois Llc
Source: Public Records

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 Buyer Sale Price Title Company
Shade Randall S $70,000 None Listed On Document
Rnh Llc $793,000 None Available
Pathfinder Group Of Illinois Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shade Randall S $66,500
Previous Owner Rnh Llc $328,452
Previous Owner Riley Homes Inc $190,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $70,000 +0.1% $114 / Sq Ft
01/20/2022 01/20/22 Pending -- -- --
01/18/2022 01/18/22 For Sale $69,900 -- $114 / 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 $1,067 $19,350 $6,260 $13,090
2023 $1,067 $18,300 $5,920 $12,380
2022 $1,478 $16,700 $5,400 $11,300
2021 $1,398 $15,810 $5,110 $10,700
2020 $1,337 $15,090 $4,880 $10,210
2019 $1,306 $15,090 $4,880 $10,210
2018 $1,263 $14,710 $4,760 $9,950
2017 $750 $14,400 $4,660 $9,740
2016 $716 $14,000 $4,530 $9,470
2015 $682 $13,670 $4,420 $9,250
2014 $709 $14,130 $4,570 $9,560
2013 $1,275 $14,900 $4,820 $10,080
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11306496

Midwest Real Estate Data (MRED)

APN: 30-21-15-201-001