NOT LISTED FOR SALE

308 E Elm St Urbana, IL 61802

Estimated Value: $86,889 - $185,000

0.13 Acre
$1,015,651 Price per Acre
5,489 Sq Ft Lot

Last Sold January 03, 2023

Last sale price $33,000 $37 Per Sq Ft

Est. 288% increase in value since last sale

Current estimated payment $820/month

206 Days on Market

About This Lot

As of January 2023

Here is your opportunity to start fresh with a new build! Conveniently located near campus, downtown Urbana and Lincoln Square Mall. Bring all offers.

Last Agent to Sell the Property

Lisa Rector

KELLER WILLIAMS-TREC License #475146101 Listed on: 05/27/2022

KELLER WILLIAMS-TREC

Last Buyer's Agent

Joseph Allen

KELLER WILLIAMS-TREC License #475197176

KELLER WILLIAMS-TREC

Property Details

Property Type

  • Land

Lot Details

  • Lot Dimensions are 66x58

Schools

  • Leal Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Electricity To Lot Line
  • Gas Available

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Current Use: Single Family
  • Road Surface Type: Asphalt
  • General Information: School Bus Service,Commuter Bus
  • Legal Description: LOT PT 5 WEBBER, W.T., ESTATE SUB
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 66
  • Frontage Type: City Street
  • List Price: 34900
  • Waterfront: No

Garage/Parking

  • Number of Cars: 0

Utilities

  • Utilities: Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Schools

  • Elementary School: Leal Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: 66X58
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Rental Price: 0

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 3481.36
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 27, 2022
Closed on
Dec 29, 2022
Sold by
Jictb Inc
Bought by
Serratos Maria
Seller's Agent
Lisa Rector
KELLER WILLIAMS-TREC
Buyer's Agent
Joseph Allen
KELLER WILLIAMS-TREC
List Price
$47,000
Sold Price
$33,000
Premium/Discount to List
-$14,000
-29.79%
Views
11
Current Estimated Value
$127,972

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,972
Avg. Annual Appreciation
65.86%

Purchase Details

Closed on
Sep 14, 2022
Sold by
Given Not
Bought by
Jictb Inc

Purchase Details

Closed on
Mar 19, 2004
Sold by
Buck J R
Bought by
Buck Gary and Buck J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,300
Interest Rate
5.06%
Mortgage Type
New Conventional
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
Serratos Maria $33,000 --
Jictb Inc -- --
Buck Gary -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Buck Gary $45,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2023 01/03/23 Sold $33,000 -5.4% $37 / Sq Ft
12/20/2022 12/20/22 Pending -- -- --
10/05/2022 10/05/22 Price Changed $34,900 -10.5% $39 / Sq Ft
06/28/2022 06/28/22 Price Changed $39,000 -17.0% $43 / Sq Ft
05/27/2022 05/27/22 For Sale $47,000 -- $52 / 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 $3,997 $41,190 $10,370 $30,820
2023 $3,997 $37,580 $9,460 $28,120
2022 $3,745 $34,600 $8,710 $25,890
2021 $3,481 $32,250 $8,120 $24,130
2020 $3,368 $31,310 $7,880 $23,430
2019 $3,272 $31,310 $7,880 $23,430
2018 $3,258 $31,540 $7,940 $23,600
2017 $3,371 $31,540 $7,940 $23,600
2016 $3,223 $30,320 $7,630 $22,690
2015 $3,258 $30,320 $7,630 $22,690
2014 $3,214 $30,320 $7,630 $22,690
2013 $3,172 $30,320 $7,630 $22,690
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11417823

Midwest Real Estate Data (MRED)

APN: 92-21-17-227-010