NOT LISTED FOR SALE

307 W Columbia Ave Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated Value: $141,000 - $274,000

7 Beds
2 Baths
1,413 Sq Ft
$158/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $114,000 $81 Per Sq Ft

Est. 96% increase in value since last sale

Current estimated payment $1,775/month

40 Days on Market

About This Home

As of March 2022

Two-unit apartment building available near Downtown Champaign. First floor unit has four bedrooms/one bath with second floor unit with three bedrooms/one bath. Both units will appliances including washer/dryer. This property has opportunity for rent growth with improvements to the units.

Last Agent to Sell the Property

Jill Guth

GUTH & ASSOCIATES,LLC License #471020488 Listed on: 12/08/2021

Last Buyer's Agent

Jill Guth

GUTH & ASSOCIATES,LLC License #471020488 Listed on: 12/08/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,715

Year Built

  • Built in 1904

Lot Details

  • 3,485 Sq Ft Lot
  • Lot Dimensions are 66x132

Home Design

  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Partial Basement

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 7 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Private Water Source

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,715

Year Built

Built in 1904

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1904
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 16 COLUMBIA'S, C.F., ADD OF TOWN LOTS
  • ResoPropertyType: ResidentialIncome
  • MRD_AP1: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • MRD_AP2: Stove,Refrigerator,Washer,Dryer,Dishwasher
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 7
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • List Price: 139900
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • ParkingTotal: 4
  • Number of Cars: 4
  • Parking: Space/s
  • Parking Ownership: N/A

Utilities

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

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 Size Acres: 0.08
  • Lot Dimensions: 66X132
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 1715.44
  • Tax Year: 2020

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 8, 2021
Closed on
Mar 2, 2022
Sold by
Flc 307 W Columbia Llc
Bought by
J2m2 Limited Liability Company
Seller's Agent
Jill Guth
GUTH & ASSOCIATES,LLC
Buyer's Agent
Jill Guth
GUTH & ASSOCIATES,LLC
List Price
$139,900
Sold Price
$114,000
Premium/Discount to List
-$25,900
-18.51%
Current Estimated Value
$223,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,353
Avg. Annual Appreciation
22.56%
Original Mortgage
$309,354
Outstanding Balance
$125,937
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$97,132
Source: Public Records

Range of Values:

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Average Value
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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
J2m2 Limited Liability Company $114,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open J2m2 Limited Liability Company $309,354
Previous Owner Flc 307 W Columbia Llc $25,535,348
Previous Owner Goldfarb Erwin $1,905,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $114,000 -18.5% $81 / Sq Ft
01/18/2022 01/18/22 Pending -- -- --
12/08/2021 12/08/21 For Sale $139,900 -- $99 / 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 $6,366 $77,500 $5,300 $72,200
2023 $6,366 $70,590 $4,830 $65,760
2022 $1,711 $18,610 $4,460 $14,150
2021 $1,670 $18,240 $4,370 $13,870
2020 $1,715 $18,710 $4,480 $14,230
2019 $1,661 $18,330 $4,390 $13,940
2018 $1,623 $18,040 $4,320 $13,720
2017 $1,630 $18,040 $4,320 $13,720
2016 $1,462 $17,670 $4,230 $13,440
2015 $2,355 $27,760 $4,150 $23,610
2014 $2,335 $27,760 $4,150 $23,610
2013 $2,314 $27,760 $4,150 $23,610
Source: Public Records

Agents Affiliated with this Home

  • Jill Guth

    Seller's Agent in 2022

    Jill Guth

    GUTH & ASSOCIATES,LLC

    (217) 778-8305

    1 in this area

    46 Total Sales

    Jill Guth
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11283518

Midwest Real Estate Data (MRED)

APN: 42-20-12-254-004

Illinois Champaign County Champaign 61820 Downtown Champaign

307 W Columbia Ave, Champaign, IL

This home is located at 307 W Columbia Ave, Champaign, IL 61820 since 08 December 2021 and is currently estimated at $223,353, approximately $158 per square foot. This property was built in 1904. 307 W Columbia Ave is a home located in Champaign County with nearby schools including Central High School, Franklin STEAM Academy, and Holy Cross Elementary School.

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