NOT LISTED FOR SALE

Estimated Value: $34,000 - $37,000

0.27 Acre
$130,078 Price per Acre
11,761 Sq Ft Lot

Last Sold May 21, 2024

Last sale price $35,000

Current estimated payment $200/month

196 Days on Market

About This Lot

As of May 2024

Tucked away on the NE side of Urbana, it's time to Build your Dream Home HERE. SAVE approximately 55% off property taxes over 5 Years with the Think Urbana Program in place. That's like FREE money! AND No Sales tax on materials either! It's a WIN/WIN. This subdivision boasts 4 bodies of water and walking paths throughout. There are lake properties as well as non-lake lots available. Majority of lots are over .25 of an acre or more. Take your pick! Close to shopping and interstate access for ease of convenience. Call for a complete list of available lots today and let's get started. Builders welcome. Average subidivision home prices are $250,000 to $750,000, depending on location. HOA fees are $200/year.

Last Agent to Sell the Property

Stefanie Pratt

Coldwell Banker R.E. Group License #475123513 Listed on: 10/15/2023

Coldwell Banker R.E. Group

Last Buyer's Agent

Stefanie Pratt

Coldwell Banker R.E. Group License #475123513 Listed on: 10/15/2023

Coldwell Banker R.E. Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $49

Lot Details

  • 0.27 Acre Lot
  • Lot Dimensions are 72.97x160.7x72.79x160.38
  • Corner Lot
  • Property is zoned SINGL

Schools

  • Urbana Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Community Details

  • Beringer Commons Subdivision

Property Details

Property Type

Land

Est. Annual Taxes

$49

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Concrete
  • Subdivision Name: Beringer Commons
  • General Information: None
  • Legal Description: LOT 566 BERINGER COMMONS SUB
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Type: City Street
  • List Price: 48000
  • Waterfront: No

Utilities

  • Utilities: Electric to Site, Gas to Site, Sewer-Storm Available, Water-Municipal

Schools

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

Lot Info

  • Lot Size Acres: 0.27
  • Lot Dimensions: 72.97X160.7X72.79X160.38
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: Y
  • Subdivision Lot Number: 566

Rental Info

  • Board Number: 22

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 46.8
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2023
Closed on
May 17, 2024
Sold by
East Urbana Development Corp
Bought by
Lampman Richard and Lampman Martha
Seller's Agent
Stefanie Pratt
Coldwell Banker R.E. Group
Buyer's Agent
Stefanie Pratt
Coldwell Banker R.E. Group
List Price
$48,000
Sold Price
$35,000
Premium/Discount to List
-$13,000
-27.08%
Total Days on Market
196
Views
23
Current Estimated Value
$35,121

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121
Avg. Annual Appreciation
0.33%
Source: Public Records

Similar Property in Urbana, IL

  • 2826 E Stone Creek Blvd, Urbana, IL 61802

    $39,900

    • Land
    • 0.23 Acre
    • $173,478 per Acre
    • 2826 E Stone Creek Blvd
    • Urbana, IL

    Fantastic opportunity to build your dream home in the highly desirable Stone Creek subdivision. This lot is eligible for the City of Urbana tax incentive programs!

    Nelly Santos-Thomas RE/MAX REALTY ASSOCIATES-CHA

    Section Image

Range of Values:

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Average Value
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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
Lampman Richard $35,000 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2024 05/21/24 Sold $35,000 -27.1% --
04/29/2024 04/29/24 Pending -- -- --
10/15/2023 10/15/23 For Sale $48,000 -- --
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 $49 $130 $130 --
2023 $49 $120 $120 $0
2022 $48 $110 $110 $0
2021 $47 $100 $100 $0
2020 $47 $100 $100 $0
2019 $46 $100 $100 $0
2018 $46 $100 $100 $0
2017 $18 $100 $100 $0
2016 $38 $100 $100 $0
2015 $11 $100 $100 $0
2014 $11 $100 $100 $0
2013 $10 $100 $100 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11900459

Midwest Real Estate Data (MRED)

APN: 91-21-10-410-018