NOT LISTED FOR SALE

306 Thompson St Urbana, IL 61801

Crystal Lake Neighborhood

Estimated Value: $137,000 - $148,000

4 Beds
4 Baths
-- Sq Ft
6,098 Sq Ft Lot

Sale Details

Date Sold: August 25, 2022

Last sale price $110,000

Est. 30% increase in value since last sale

Current estimated payment $957 / mo

About This Home

As of August 2022

Sold at list

Last Agent to Sell the Property

Joe Zalabak

KELLER WILLIAMS-TREC License #475151471 Listed on: 07/21/2022

KELLER WILLIAMS-TREC

Last Buyer's Agent

Joe Zalabak

KELLER WILLIAMS-TREC License #475151471 Listed on: 07/21/2022

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,105

Year Built

  • Built in 1946

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 61.9x100

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms

Schools

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

Additional Features

  • Basement Fills Entire Space Under The House
  • Heating Available

Community Details

  • 4 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,105

Year Built

Built in 1946

Lot Details

6,098 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1946
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 17 COUNTRY CLUB MANOR - URBANA
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Other

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Electric
  • Water Source: Public

Schools

  • Elementary School: Wiley Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 61.9X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 2105.02
  • Tax Year: 2021
  • Tax Exemptions: None

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: Other

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2022
Closed on
Aug 25, 2022
Sold by
George Klatt
Bought by
Ross Lane Holdings Llc
Seller's Agent
Joe Zalabak
KELLER WILLIAMS-TREC
Buyer's Agent
Joe Zalabak
KELLER WILLIAMS-TREC
List Price
$110,000
Sold Price
$110,000
Current Estimated Value
$142,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,500
Avg. Annual Appreciation
7.35%

Purchase Details

Closed on
Mar 21, 2011
Sold by
Fannie Mae
Bought by
Bank Champaign Na and Trust #Bct-107

Purchase Details

Closed on
Nov 30, 2010
Sold by
Papana Christian D
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Oct 26, 2006
Sold by
Varble Matthew J
Bought by
Papana Christian D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,700
Interest Rate
6%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 15, 2004
Sold by
Burt Douglas C and Rubin Burt Constance A
Bought by
Varble Matthew J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,894
Interest Rate
5.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ross Lane Holdings Llc $110,000 --
Bank Champaign Na $56,000 None Available
Federal National Mortgage Association -- None Available
Papana Christian D $198,000 Attorneys Title Guaranty Fun
Varble Matthew J $110,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Papana Christian D $29,700
Previous Owner Papana Christian D $158,400
Previous Owner Varble Matthew J $107,894
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/25/2022 08/25/22 Sold $110,000 0.0% --
07/22/2022 07/22/22 For Sale $110,000 -- --
07/21/2022 07/21/22 Pending -- -- --
Source: Midwest Real Estate Data (MRED)

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 $2,417 $24,900 $5,790 $19,110
2023 $2,417 $22,720 $5,280 $17,440
2022 $2,264 $20,920 $4,860 $16,060
2021 $2,105 $19,500 $4,530 $14,970
2020 $1,958 $18,200 $4,230 $13,970
2019 $1,902 $18,200 $4,230 $13,970
2018 $1,894 $18,330 $4,260 $14,070
2017 $1,959 $18,330 $4,260 $14,070
2016 $1,948 $18,330 $4,260 $14,070
2015 $1,970 $18,330 $4,260 $14,070
2014 $1,943 $18,330 $4,260 $14,070
2013 $1,918 $18,330 $4,260 $14,070
Source: Public Records

Agents Affiliated with this Home

  • Joe Zalabak

    Seller's Agent in 2022

    Joe Zalabak

    KELLER WILLIAMS-TREC

    (217) 721-5855

    8 in this area

    360 Total Sales

    Joe Zalabak
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11472475

Midwest Real Estate Data (MRED)

APN: 91-21-08-227-011

Illinois Champaign County Urbana 61801 Crystal Lake

306 Thompson St, Urbana, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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