NOT LISTED FOR SALE

302 W Washington St Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated Value: $200,000 - $222,000

3 Beds
3 Baths
1,065 Sq Ft
$201/Sq Ft Est. Value

Last Sold November 25, 2020

Last sale price $165,000 $155 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $1,411/month

73 Days on Market

Highlights

  • 1 Car Detached Garage
  • Central High School Rated A
  • Heating System Uses Natural Gas

About This Home

As of November 2020

Great Investment Opportunity In The Heart Of Downtown Champaign...Fully Rented 3 Unit WIth Solid Rental History...All Units Metered Separately...Updated Wiring '10...Tenants Share Basement Laundry...House Roof '11...Garage Roof '17...Newer Furnace & Stove In Unit #2...Hardwood Floors...Some Replacement Windows...Minutes To Restaurants/Shops/Downtown Nightlife...Quick Access To Highways/Groceries/Medical Facilities/U of I And Parkland.

Last Agent to Sell the Property

betty gauze

Team Gauze,Inc License #471008304 Listed on: 07/13/2020

Last Buyer's Agent

Carol Meinhart

The Real Estate Group,Inc License #475127814

The Real Estate Group,Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,504

Year Built

  • Built in 1894

Lot Details

  • 4,312

Parking

  • 1 Car Detached Garage
  • Parking Space is Owned
  • Unassigned Parking

Home Design

  • Converted Dwelling
  • Brick Foundation
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Unit 4 Of Choice Elementary School
  • Champaign/Middle Call Unit 4 351
  • Central High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 66 x 66
  • Heating System Uses Natural Gas

Community Details

Overview

  • 3 Units

Building Details

  • Electric Expense $722
  • Insurance Expense $1,209
  • Trash Expense $276
  • Water Sewer Expense $778

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,504

Year Built

Built in 1894

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1894
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 24 OF COLUMBIA'S, C.F, ADD OF TOWN LOTS
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner

Exterior Features

  • Foundation Details: Brick/Mortar
  • List Price: 179900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Unassigned
  • ParkingTotal: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights, Other

Fee Information

  • Trash Expense: 276
  • Water Sewer Expenses: 778

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Central High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351
  • Middle/Junior School District: 4

Lot Info

  • Lot Dimensions: 66 X 66
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Multi Family

  • Insurance Expense: 1209
  • ElectricExpense: 722
  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Converted Residence

Tax Info

  • Tax Annual Amount: 2504.28
  • Tax Year: 2019
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2020
Closed on
Nov 17, 2020
Sold by
Croegaert James and Croegaert Janalee
Bought by
Scarpelli Daniel and Scarpelli Pawn
Seller's Agent
betty gauze
Team Gauze,Inc
Buyer's Agent
Carol Meinhart
The Real Estate Group,Inc
List Price
$179,900
Sold Price
$165,000
Premium/Discount to List
-$14,900
-8.28%
Current Estimated Value
$214,094

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$49,094
Avg. Annual Appreciation
3.08%
Original Mortgage
$123,750
Outstanding Balance
$111,369
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$78,937

Purchase Details

Closed on
Oct 30, 2008
Sold by
Leasure Daniel S
Bought by
Wilhite Louis Edward and Wilhite Diane R
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Scarpelli Daniel $165,000 Attorney
Wilhite Louis Edward $142,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Scarpelli Daniel $123,750
Previous Owner Croegaert James $116,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $165,000 -8.3% $155 / Sq Ft
09/24/2020 09/24/20 Pending -- -- --
07/13/2020 07/13/20 For Sale $179,900 -- $169 / 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 $2,744 $33,410 $4,930 $28,480
2023 $2,744 $30,430 $4,490 $25,940
2022 $2,581 $28,070 $4,140 $23,930
2021 $2,519 $27,520 $4,060 $23,460
2020 $2,587 $28,220 $4,160 $24,060
2019 $2,504 $27,640 $4,070 $23,570
2018 $2,449 $27,210 $4,010 $23,200
2017 $2,459 $27,210 $4,010 $23,200
2016 $2,204 $26,650 $3,930 $22,720
2015 $2,221 $26,180 $3,860 $22,320
2014 $2,202 $26,180 $3,860 $22,320
2013 $2,183 $26,180 $3,860 $22,320
Source: Public Records

Agents Affiliated with this Home

  • betty gauze

    Seller's Agent in 2020

    betty gauze

    Team Gauze,Inc

    (217) 202-9000

    1 in this area

    62 Total Sales

    Section Image
  • Carol Meinhart

    Buyer's Agent in 2020

    Carol Meinhart

    The Real Estate Group,Inc

    (217) 840-3328

    9 in this area

    830 Total Sales

    Section Image
  • Dan Gordon

    Buyer Co-Listing Agent in 2020

    Dan Gordon

    RE/MAX

    (217) 493-5956

    2 in this area

    376 Total Sales

    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10783189

Midwest Real Estate Data (MRED)

APN: 42-20-12-254-014

Illinois Champaign County Champaign 61820 Downtown Champaign

302 W Washington St, Champaign, IL

This home is located at 302 W Washington St, Champaign, IL 61820 since 13 July 2020 and is currently estimated at $214,094, approximately $201 per square foot. This property was built in 1894. 302 W Washington St is a home located in Champaign County with nearby schools including Central High School, Franklin STEAM Academy, and Holy Cross Elementary School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes