NOT LISTED FOR SALE

2702 E Illinois St Urbana, IL 61802

Estimated Value: $124,000 - $136,000

4 Beds
1 Bath
1,073 Sq Ft
$121/Sq Ft Est. Value

Last Sold April 04, 2022

Last sale price $96,000 $89 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $859/month

1 Day on Market

Highlights

  • Ranch Style House
  • 1 Car Attached Garage
  • Handicap Shower
  • First Floor Utility Room
  • Living Room
  • Central Air

About This Home

As of April 2022

HUGE OPPORTUNITY TO OWN...Come take a look at this 4 BEDROOM starter home or investment property located on Illinois St. close to Pfeffer Rd. Build instant equity with new paint and flooring. It already has updated kitchen with oak cabinets and never appliances(frig, stove, dishwasher, microwave, disposal) new water heater in 2021, newer furnace, A/C and W/D are also included. Some replacement windows, new roof in spring 2021, partially fenced yard, new concrete driveway, oversized 1 car attached garage w/opener.

Last Agent to Sell the Property

Eva Vlach

KELLER WILLIAMS-TREC License #475129616 Listed on: 03/02/2022

KELLER WILLIAMS-TREC

Last Buyer's Agent

Carol Meinhart

The Real Estate Group,Inc License #475127814

The Real Estate Group,Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $828

Year Built

  • Built in 1966

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 65 x 100

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,073 Sq Ft Home
  • Living Room
  • First Floor Utility Room

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Accessible Home Design

  • Handicap Shower

Schools

  • Dr. Preston L. Williams Jr. Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 100 Amp Service

Community Details

  • Scottswood Subdivision

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$828

Year Built

Built in 1966

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Scottswood
  • Year Built: 1966
  • Age: 51-60 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
  • New Construction Y/N: No
  • Legal Description: LOT 362 SCOTTSWOOD 6TH SUB
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 4
  • LivingArea: 1073
  • Room Type: Utility Room-1st Floor
  • Estimated Total Finished Sq Ft: 1073
  • Basement Description: Slab
  • Bathroom Amenities: Handicap Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1073
  • Basement Sq Ft: 0
  • Total Sq Ft: 1073
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1073
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Assessor

Exterior Features

  • List Price: 89900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Dr. Preston L. Williams Jr. Elem
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Size Acres: 0.15
  • Lot Dimensions: 65 X 100
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 828
  • Tax Year: 2020
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2022
Closed on
Apr 4, 2022
Sold by
Eagan Ronald L
Bought by
Alt Suzanne A
Seller's Agent
Eva Vlach
KELLER WILLIAMS-TREC
Buyer's Agent
Carol Meinhart
The Real Estate Group,Inc
List Price
$89,900
Sold Price
$96,000
Premium/Discount to List
$6,100
6.79%
Current Estimated Value
$129,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,637
Avg. Annual Appreciation
7.75%
Original Mortgage
$93,120
Outstanding Balance
$88,535
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$35,118
Source: Public Records

Range of Values:

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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
Alt Suzanne A $96,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alt Suzanne A $93,120
Closed Alt Suzanne A $93,120
Closed Alt Suzanne A $3,840
Previous Owner Bagan Ronald L $25,000
Previous Owner Eagan Ronald L $5,000
Closed Alt Suzanne A $3,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2022 04/04/22 Sold $96,000 +6.8% $89 / Sq Ft
03/04/2022 03/04/22 Pending -- -- --
03/02/2022 03/02/22 For Sale $89,900 -- $84 / 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 $1,830 $28,960 $3,390 $25,570
2023 $1,830 $27,400 $3,210 $24,190
2022 $1,666 $25,000 $2,930 $22,070
2021 $829 $23,670 $2,770 $20,900
2020 $828 $22,580 $2,640 $19,940
2019 $811 $22,580 $2,640 $19,940
2018 $811 $22,000 $2,570 $19,430
2017 $834 $21,520 $2,510 $19,010
2016 $840 $20,930 $2,440 $18,490
2015 $842 $20,440 $2,380 $18,060
2014 $1,323 $21,140 $2,460 $18,680
2013 $1,395 $22,290 $2,590 $19,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11331411

Midwest Real Estate Data (MRED)

APN: 30-21-15-256-021