Seller's Agent in 2021
Joe Zalabak
KELLER WILLIAMS-TREC
(217) 721-5855
32 in this area
378 Total Sales
307 W Illinois St Urbana, IL 61801
West Urbana NeighborhoodEstimated Value: $214,301 - $236,000
4
Beds
2
Baths
1,260
Sq Ft
$180/Sq Ft
Est. Value
Highlights
- Detached Garage
- Property is near a bus stop
- Hot Water Heating System
About This Home
As of May 2021Just 5 blocks from the University of Illinois campus, this duplex located at 307 W Illinois is your next investment property! This property features two units: a 400 square foot 1 bedroom, 1 bath unit that currently rents for $675 per month, and a 900 square foot 3 bedroom 1 bath unit that currently rents for $825 per month (but has historically rented higher). This is the perfect "house hack" where you can live in the one-bedroom unit and have the renters in the three-bedroom unit pay your entire mortgage. Both units feature updated kitchens, and the 1 bedroom has a remodeled bathroom. There's an unfinished basement with a washer and dryer and a detached one-car garage. Be sure to view the 3D digital tour, and call today for a private showing.
Last Agent to Sell the Property
KELLER WILLIAMS-TREC License #475151471 Listed on: 02/12/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,620
Year Built
- 1898
Lot Details
- 6,098
Parking
- Detached Garage
- Garage Is Owned
Home Design
- Asphalt Shingled Roof
- Aluminum Siding
Utilities
- Hot Water Heating System
- Heating System Uses Gas
Additional Features
- Basement Fills Entire Space Under The House
- Property is near a bus stop
Listing and Financial Details
- $2,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 12, 2021
Closed on
May 3, 2021
Sold by
Klatt George
Bought by
Foulger Rory Kai
Seller's Agent
Joe Zalabak
KELLER WILLIAMS-TREC
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
List Price
$159,000
Sold Price
$156,000
Premium/Discount to List
-$3,000
-1.89%
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
$70,325
Avg. Annual Appreciation
8.67%
Purchase Details
Closed on
Jan 4, 2011
Sold by
Cassel Chad L and Cassel Chad
Bought by
Cassel Lonald and Cassel Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,080
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 30, 2003
Sold by
S & C Properties
Bought by
Cassel Chad L
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 |
|---|---|---|---|
| Foulger Rory Kai | $156,000 | Attorney | |
| Cassel Lonald | $134,500 | None Available | |
| Cassel Chad L | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Klatt Goorge | $242,080 | |
| Previous Owner | Cassel Lonald | $94,080 | |
| Previous Owner | Cassel Chad L | $1,623,058 | |
| Previous Owner | Cassel Chad L | $1,400,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2021 05/13/21 | Sold | $156,000 | -1.9% | $124 / Sq Ft |
| 03/18/2021 03/18/21 | Pending | -- | -- | -- |
| 02/12/2021 02/12/21 | For Sale | $159,000 | -- | $126 / 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 | $5,620 | $57,910 | $25,420 | $32,490 |
| 2023 | $5,620 | $52,830 | $23,190 | $29,640 |
| 2022 | $5,265 | $48,640 | $21,350 | $27,290 |
| 2021 | $4,893 | $45,330 | $19,900 | $25,430 |
| 2020 | $4,734 | $44,010 | $19,320 | $24,690 |
| 2019 | $4,599 | $44,010 | $19,320 | $24,690 |
| 2018 | $5,305 | $51,350 | $19,460 | $31,890 |
| 2017 | $5,488 | $51,350 | $19,460 | $31,890 |
| 2016 | $5,298 | $49,850 | $18,890 | $30,960 |
| 2015 | $5,175 | $49,850 | $18,890 | $30,960 |
| 2014 | $5,105 | $48,160 | $18,250 | $29,910 |
| 2013 | $5,141 | $49,140 | $18,620 | $30,520 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2021
Nate Evans
eXp Realty-Mahomet
(217) 493-9297
37 in this area
1,778 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10993831
APN: 92-21-17-182-004
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