Seller's Agent in 2020
Kristen Long
KELLER WILLIAMS-TREC
(217) 721-1424
70 Total Sales
2707 Summit Ct Urbana, IL 61802
Estimated Value: $247,000 - $263,000
3
Beds
2
Baths
1,343
Sq Ft
$188/Sq Ft
Est. Value
Highlights
- Corner Lot
- Attached Garage
- Central Air
- Cul-De-Sac
- Breakfast Bar
About This Home
As of December 2020Don't miss your opportunity to live in this established neighborhood in Urbana. Now with a brand new Lennox furnace, brand new hot water heater and don't forget about the year old roof! This home is located in close proximity to several shops, parks, restaurants, walking paths, and more. Featuring new carpet throughout, new bathroom flooring, and a new roof this home is ready for you to move right in. Just inside the front door is one of the two living spaces with abundant natural light. If you love a bright space full of natural light, then you are sure to appreciate the three seasons room at the back of the house. The three seasons room is just off the second living space and is complete with a stone fireplace. Two of the three bedrooms share the full bathroom in the hall while the master suite offers a full bath of its own. Back to that three seasons room we mentioned, not only is it a great space for entertaining guests, but you can take the fun outside through multiple sliding glass doors with one opening up to the deck with built-in benches. If the two-car garage does not provide enough space for all the things, you can store the overflow in the shed! Conveniently located, corner lot, move-in ready...what more could you want? Come take a look today!
Last Agent to Sell the Property
KELLER WILLIAMS-TREC License #475161216 Listed on: 07/24/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,388
Year Built
- 1979
Lot Details
- Cul-De-Sac
- Corner Lot
Parking
- Attached Garage
- Garage Is Owned
Home Design
- Brick Exterior Construction
- Vinyl Siding
Kitchen
- Breakfast Bar
- Oven or Range
- Dishwasher
- Disposal
Utilities
- Central Air
- Heating System Uses Gas
Additional Features
- Primary Bathroom is a Full Bathroom
- Crawl Space
Listing and Financial Details
- Homeowner Tax Exemptions
- $2,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 24, 2020
Closed on
Dec 7, 2020
Sold by
Carter Nucholas W
Bought by
Monroe Tarrie
Seller's Agent
Kristen Long
KELLER WILLIAMS-TREC
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
List Price
$172,000
Sold Price
$164,000
Premium/Discount to List
-$8,000
-4.65%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,870
Avg. Annual Appreciation
9.36%
Original Mortgage
$161,029
Outstanding Balance
$143,364
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$109,506
Purchase Details
Closed on
Jun 23, 2008
Sold by
Ring Gary L
Bought by
Carter Nicholas W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.05%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 17, 2006
Sold by
Ring Janice E
Bought by
Ring Gary Lee
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Monroe Tarrie | $164,000 | Act | |
| Carter Nicholas W | $150,000 | None Available | |
| Ring Gary Lee | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Monroe Tarrie | $161,029 | |
| Previous Owner | Carter Nicholas W | $135,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/14/2020 12/14/20 | Sold | $164,000 | -2.4% | $122 / Sq Ft |
| 10/19/2020 10/19/20 | Pending | -- | -- | -- |
| 08/15/2020 08/15/20 | Price Changed | $168,000 | -2.3% | $125 / Sq Ft |
| 07/24/2020 07/24/20 | For Sale | $172,000 | -- | $128 / 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 | $5,388 | $62,080 | $17,630 | $44,450 |
| 2023 | $5,388 | $56,650 | $16,090 | $40,560 |
| 2022 | $4,997 | $52,170 | $14,820 | $37,350 |
| 2021 | $4,601 | $48,620 | $13,810 | $34,810 |
| 2020 | $4,433 | $47,210 | $13,410 | $33,800 |
| 2019 | $4,306 | $47,210 | $13,410 | $33,800 |
| 2018 | $4,292 | $47,540 | $13,500 | $34,040 |
| 2017 | $4,440 | $47,540 | $13,500 | $34,040 |
| 2016 | $4,315 | $46,600 | $13,230 | $33,370 |
| 2015 | $4,171 | $46,600 | $13,230 | $33,370 |
| 2014 | $4,114 | $44,810 | $12,720 | $32,090 |
| 2013 | $4,060 | $44,810 | $12,720 | $32,090 |
Source: Public Records
Agents Affiliated with this Home
-
Kristen Long
-
Nate Evans
Buyer's Agent in 2020
Nate Evans
eXp Realty-Mahomet
(217) 493-9297
1,807 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10750749
APN: 93-21-28-229-004
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