NOT LISTED FOR SALE

Estimated Value: $51,000 - $315,000

0.28 Acre
$429,096 Price per Acre
12,197 Sq Ft Lot

Last Sold May 12, 2022

Last sale price $41,500

Est. 250% increase in value since last sale

Current estimated payment $929/month

175 Days on Market

About This Lot

As of May 2022

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: 09/30/2021

Coldwell Banker R.E. Group

Last Buyer's Agent

Marty Carlson

Taylor Realty Associates License #471001025

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,507

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 76.47x158.09x76.65x163.29
  • Waterfront
  • 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

$1,507

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 574 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: Yes

Garage/Parking

  • Number of Cars: 0

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: 0.28
  • Lot Dimensions: 76.47X158.09X76.65X163.29
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: Y
  • Subdivision Lot Number: 574

Rental Info

  • Board Number: 22

Building Info

  • Building(s) on Land: No

Tax Info

  • Tax Annual Amount: 46.76
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2021
Closed on
May 11, 2022
Sold by
East Urbana Development Corporation
Bought by
Reck Daniel M and Reck Rebecca M
Seller's Agent
Stefanie Pratt
Coldwell Banker R.E. Group
Buyer's Agent
Marty Carlson
Taylor Realty Associates
List Price
$48,000
Sold Price
$41,500
Premium/Discount to List
-$6,500
-13.54%
Current Estimated Value
$145,412

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,912
Avg. Annual Appreciation
44.70%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Reck Daniel M $41,500 None Listed On Document
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $41,500 -13.5% --
03/25/2022 03/25/22 Pending -- -- --
09/30/2021 09/30/21 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 $1,507 $15,160 $15,160 --
2023 $1,507 $13,830 $13,830 $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: 11234465

Midwest Real Estate Data (MRED)

APN: 91-21-10-410-010