302 W Washington St Champaign, IL 61820
Downtown Champaign NeighborhoodEstimated Value: $142,000 - $217,000
3
Beds
3
Baths
1,065
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- 1 Car Detached Garage
- Central High School Rated A
- Heating System Uses Natural Gas
About This Home
As of November 2020Great 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.
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
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
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,306
Avg. Annual Appreciation
3.69%
Original Mortgage
$123,750
Outstanding Balance
$111,369
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$83,242
Purchase Details
Closed on
Oct 30, 2008
Sold by
Leasure Daniel S
Bought by
Wilhite Louis Edward and Wilhite Diane R
Similar Homes in Champaign, IL
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 |
|---|---|---|---|
| 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
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
66 Total Sales
-
Carol Meinhart
Buyer's Agent in 2020
Carol Meinhart
The Real Estate Group,Inc
(217) 840-3328
8 in this area
835 Total Sales
-
Dan Gordon
Buyer Co-Listing Agent in 2020
Dan Gordon
RE/MAX
(217) 493-5956
2 in this area
373 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 10783189
APN: 42-20-12-254-014
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