$195,000
SOLD NOV 8, 2024

2707 S Myra Ridge Dr Urbana, IL 61802

3 Beds
2.5 Baths
2,189 Sq Ft
6,534 Sq Ft Lot

Recently Sold

$89 Per Sq Ft

15 Days on Market

Highlights

  • Deck
  • Formal Dining Room
  • Fenced Yard
  • 1.5-Story Property
  • <<doubleOvenToken>>
  • 4-minute walk to SouthRidge Park

About This Home

As of March 2025

Welcome to this spacious 3-bedroom, 2.5-bath home, perfect for families and those looking to add their personal touch. The open-concept living and dining area offers a generous space for entertaining and everyday living. The kitchen, seamlessly connected to the cozy family room, provides easy access to the deck and a fenced-in yard-ideal for outdoor gatherings and enjoying the fresh air. Upstairs, you'll find three inviting bedrooms, each featuring large walk-in closets for ample storage. This home boasts considerable potential, with many opportunities for customization and improvement, both inside and out. It's being sold "as is," with the price reflecting the work needed to bring it to its full potential. If you're ready to invest some sweat equity and turn this house into your dream home, this property is a fantastic opportunity. Don't miss your chance to make it yours!

Last Agent to Sell the Property

Kimberly Clark

RE/MAX REALTY ASSOCIATES-CHA License #475132428 Listed on: 09/12/2024

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Eddie Mullins

RE/MAX REALTY ASSOCIATES-CHA License #475131641

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,648

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 65.5 x 100
  • Fenced Yard

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • 1.5-Story Property
  • Vinyl Siding

Interior Spaces

  • 2,189 Sq Ft Home
  • Central Vacuum
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Living Room
  • Formal Dining Room
  • Carpet
  • Crawl Space
  • Laundry Room

Kitchen

  • <<doubleOvenToken>>
  • Cooktop<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Outdoor Features

  • Deck
  • Shed

Schools

  • Thomas Paine Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Cable TV Available

Community Details

  • Myra Ridge Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,648

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Myra Ridge
  • Year Built: 1978
  • Age: 41-50 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 10 MYRA RIDGE SUBD
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Double Oven, Dishwasher, Refrigerator, Cooktop
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • LivingArea: 2189
  • Other Equipment: Central Vacuum, TV-Cable
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2189
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2189
  • Basement Sq Ft: 0
  • Fireplace Location: Family Room
  • Total Sq Ft: 2189
  • Upper Level Sq Ft: 1135
  • Main Level Sq Ft: 1054
  • Lower Level Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 195000
  • Lot Features: Fenced Yard
  • OtherStructures: Shed(s)
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Thomas Paine Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: 65.5 X 100
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 6648
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 4, 2025
Closed on
Mar 12, 2025
Sold by
Joseph M Allan Self Declaration Of Trust and Allan Joseph M
Bought by
Bainbridge Cody
Seller's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Jayme Ahlden
Coldwell Banker R.E. Group
List Price
$279,900
Sold Price
$270,000
Premium/Discount to List
-$9,900
-3.54%
Views
48
Current Estimated Value
$269,891

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$109
Avg. Annual Appreciation
-0.12%
Original Mortgage
$215,000
Outstanding Balance
$214,711
Interest Rate
4.38%
Mortgage Type
New Conventional
Estimated Equity
$55,180

Purchase Details

Listed on
Sep 12, 2024
Closed on
Oct 15, 2024
Sold by
Scaff Gary L and Scaff Suzanne L
Bought by
Joseph M Allan Self Declaration Of Trust and Allan
Seller's Agent
Kimberly Clark
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
List Price
$195,000
Sold Price
$195,000
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
146.93%
Original Mortgage
$87,794
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2021
Sold by
Scaff Gary L and Maguire Dana L
Bought by
Scaff Gary L and Scaff Suzanne L

Purchase Details

Closed on
Mar 8, 2006
Sold by
Kirby Stephen T
Bought by
Scaff Gary L and Scaff Dana L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,120
Interest Rate
9.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $270,000 None Listed On Document
Warranty Deed $195,000 None Listed On Document
Warranty Deed $195,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Deed $159,000 None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $215,000 New Conventional
Previous Owner $87,794 New Conventional
Previous Owner $147,893 FHA
Previous Owner $141,750 FHA
Previous Owner $136,000 Unknown
Previous Owner $110,000 Unknown
Previous Owner $127,120 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $270,000 -3.5% $123 / Sq Ft
02/11/2025 02/11/25 Pending -- -- --
02/04/2025 02/04/25 For Sale $279,900 +43.5% $128 / Sq Ft
11/08/2024 11/08/24 Sold $195,000 0.0% $89 / Sq Ft
09/27/2024 09/27/24 Pending -- -- --
09/12/2024 09/12/24 For Sale $195,000 -- $89 / 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 $6,648 $75,070 $17,630 $57,440
2023 $6,648 $68,500 $16,090 $52,410
2022 $6,178 $63,080 $14,820 $48,260
2021 $5,699 $58,790 $13,810 $44,980
2020 $5,494 $57,080 $13,410 $43,670
2019 $5,338 $57,080 $13,410 $43,670
2018 $5,318 $57,480 $13,500 $43,980
2017 $5,502 $57,480 $13,500 $43,980
2016 $4,820 $56,350 $13,230 $43,120
2015 $4,640 $56,350 $13,230 $43,120
2014 $4,578 $54,180 $12,720 $41,460
2013 $5,041 $54,180 $12,720 $41,460
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12162162

Midwest Real Estate Data (MRED)

APN: 93-21-28-226-004