$124,000
SOLD OCT 25, 2024
3 Beds
1 Bath
984 Sq Ft
5,053 Sq Ft Lot

Recently Sold

$126 Per Sq Ft

14% Below List Price

47 Days on Market

Highlights

  • Second Garage
  • Corner Lot
  • Enclosed patio or porch
  • Ranch Style House
  • 2 Car Detached Garage
  • Living Room

About This Home

As of October 2024

Three Bedroom Home with Two Oversized Detached Garages, all for One Great Price!! Explore the unlimited potential of this ranch-style home in Urbana, an ideal investment opportunity or a blank canvas for all your home renovation dreams. Situated on an extra large corner lot, this property is full of promise. Inside, the home features a generous living room and eat-in kitchen area, ready for your personal touch. The enclosed back porch offers space for a cozy retreat, while the basement, equipped with multiple workbenches, provides an ample area for projects, storage, and laundry. A huge selling point are the 2 detached garages that accompany this property. The original detached garage, next to the home, is extra tall and great for storage. The additional detached garage, across the street on E Green, is 30X24, giving plenty of room for storage, a workshop or both! The property also had a new roof installed in 2021. Located close to downtown Urbana, the University of Illinois, Victory Park and public transportation, this home offers convenience and potential in a prime location. If you're ready to roll up your sleeves and bring new life to this property, don't miss this opportunity!

Last Agent to Sell the Property

Katie Ruthstrom

KELLER WILLIAMS-TREC Brokerage Phone: (217) 418-6683 License #475126777 Listed on: 08/13/2024

KELLER WILLIAMS-TREC

Last Buyer's Agent

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,363

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 50x136
  • Corner Lot
  • Paved or Partially Paved Lot
  • Additional Parcels

Parking

  • 2 Car Detached Garage
  • Second Garage
  • Multiple Garages
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Vinyl Siding

Interior Spaces

  • 984 Sq Ft Home
  • Whole House Fan
  • Family Room
  • Living Room
  • Combination Kitchen and Dining Room
  • Carpet

Kitchen

  • Range<<rangeHoodToken>>
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Unfinished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump

Outdoor Features

  • Enclosed patio or porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

  • Busey Dunlap Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,363

Year Built

Built in 1903

Lot Details

0

Parking

2

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: Busey Dunlap
  • Year Built: 1903
  • Age: 100+ 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 20 BLOCK 2 BUSEY AND DUNLAP'S SUB
  • ResoPropertyType: Residential
  • AttributionContact: (217) 418-6683
  • Attribution Contact: (217) 418-6683
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Dishwasher, Washer, Dryer
  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • Interior Amenities: First Floor Bedroom, First Floor Full Bath
  • LivingArea: 984
  • Other Equipment: Fan-Whole House, Sump Pump
  • Room Type: Enclosed Porch
  • Estimated Total Finished Sq Ft: 984
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 984
  • Basement Sq Ft: 1007
  • Total Sq Ft: 1991
  • Unfinished Basement Sq Ft: 1007
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 984
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 135000
  • Lot Features: Corner Lot
  • OtherStructures: Second Garage
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Multiple Garages
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels Description: 922116126019
  • Additional Parcels: Yes
  • Lot Dimensions: 50X136
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 5363
  • Tax Year: 2023
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 13, 2024
Closed on
Oct 25, 2024
Sold by
Hinners Alicia Renee and Broeker Carolyn S
Bought by
Wilson Leslie J and Maether Rachael C
Seller's Agent
Katie Ruthstrom
KELLER WILLIAMS-TREC
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$145,000
Sold Price
$124,000
Premium/Discount to List
-$21,000
-14.48%
Views
53
Current Estimated Value
$132,119

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,119
Avg. Annual Appreciation
10.48%
Original Mortgage
$99,200
Outstanding Balance
$98,701
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$34,657

Purchase Details

Closed on
Oct 1, 2014
Sold by
Broeker Ray Lee
Bought by
Broeker Ray Lee and Broeker Carolyn S
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
Warranty Deed $124,000 None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $99,200 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $124,000 -8.1% $126 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $135,000 -6.9% $137 / Sq Ft
08/08/2024 08/08/24 For Sale $145,000 -- $147 / 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 $4,427 $45,610 $9,510 $36,100
2023 $4,427 $41,620 $8,680 $32,940
2022 $4,148 $38,320 $7,990 $30,330
2021 $3,856 $35,720 $7,450 $28,270
2020 $1,987 $34,680 $7,230 $27,450
2019 $1,930 $34,680 $7,230 $27,450
2018 $1,908 $34,920 $7,280 $27,640
2017 $1,974 $34,920 $7,280 $27,640
2016 $2,931 $33,580 $7,000 $26,580
2015 $2,964 $33,580 $7,000 $26,580
2014 $2,394 $33,580 $7,000 $26,580
2013 $2,885 $33,580 $7,000 $26,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12132163

Midwest Real Estate Data (MRED)

APN: 92-21-16-130-010