NOT LISTED FOR SALE

310 S State St Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated Value: $250,000 - $315,000

6 Beds
3 Baths
1,280 Sq Ft
$229/Sq Ft Est. Value

Last Sold April 20, 2022

Last sale price $235,000 $184 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,020/month

125 Days on Market

About This Home

As of April 2022

Investment opportunity conveniently located near downtown Champaign and Campus. This HUGE property includes two-units and 3 levels with a total of 6 bedrooms and 3 full baths. Refinished hardwood floors and fresh paint through most of the home. Two kitchens with stainless steel appliances. Main floor unit has 3 bedrooms, 2 full bathrooms, two living spaces and connects the partially finished basement. Upper level unit includes 3 bedrooms, 1 full bathroom and access to the 3rd floor finished loft with wet bar that could function as a 7th bedroom.

Last Agent to Sell the Property

Nate Evans

eXp Realty-Mahomet License #475124281 Listed on: 10/12/2021

eXp Realty-Mahomet

Co-Listed By

Amy Pellum

eXp Realty-Mahomet License #475161795

Last Buyer's Agent

Nate Evans

eXp Realty-Mahomet License #475124281 Listed on: 10/12/2021

eXp Realty-Mahomet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,939

Year Built

  • Built in 1915

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 68.8x83

Home Design

  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 4 Parking Spaces
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Champaign Elementary School
  • Champaign Junior High School
  • Champaign High School

Additional Features

  • Basement Fills Entire Space Under The House
  • Two Heating Systems

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,939

Year Built

Built in 1915

Lot Details

5,663 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1915
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT PT 8 JOHNSON'S REPLAT, REPLAT OF LOT 1, AND LOT 9 BLK 17, FARNHAM, CLARK AND WHITE'S ADD
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

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

Utilities

  • Sewer: Public Sewer
  • Heating: Sep Heating Systems - 2+
  • Water Source: Public

Schools

  • Elementary School: Champaign Elementary School
  • High School: Champaign High School
  • Middle/Junior School: Champaign Junior High School

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 68.8X83
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 5939.28
  • Tax Year: 2020

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2021
Closed on
Apr 12, 2022
Sold by
J2 Vision Llc
Bought by
Paray Geralyn
Seller's Agent
Nate Evans
eXp Realty-Mahomet
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
Sold Price
$235,000
Current Estimated Value
$292,495

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,495
Avg. Annual Appreciation
5.88%
Original Mortgage
$230,743
Outstanding Balance
$213,979
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$78,516

Purchase Details

Closed on
Nov 13, 2019
Sold by
South State Street Champaign Llc
Bought by
J2 Vision Llc

Purchase Details

Closed on
Oct 22, 2009
Sold by
Thorstenson Todd L
Bought by
South State Street Champaign Llc

Purchase Details

Closed on
Jun 22, 2005
Sold by
Brashear Derek R
Bought by
Thorstenson Todd L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac
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
Paray Geralyn $235,000 None Listed On Document
J2 Vision Llc $227,500 None Listed On Document
South State Street Champaign Llc $285,000 None Available
Thorstenson Todd L $278,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Paray Geralyn $230,743
Previous Owner Thorstenson Todd L $222,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2022 04/20/22 Sold $235,000 -14.5% $184 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
01/06/2022 01/06/22 For Sale -- -- --
12/05/2021 12/05/21 Pending -- -- --
10/12/2021 10/12/21 For Sale $275,000 -- $215 / Sq Ft
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 $6,166 $81,660 $12,520 $69,140
2023 $6,166 $74,370 $11,400 $62,970
2022 $6,309 $68,610 $10,520 $58,090
2021 $6,157 $67,260 $10,310 $56,950
2020 $5,929 $64,670 $9,910 $54,760
2019 $5,739 $63,340 $9,710 $53,630
2018 $5,611 $62,350 $9,560 $52,790
2017 $5,417 $59,950 $9,190 $50,760
2016 $4,857 $58,720 $9,000 $49,720
2015 $4,894 $57,680 $8,840 $48,840
2014 $4,852 $57,680 $8,840 $48,840
2013 $4,809 $57,680 $8,840 $48,840
Source: Public Records

Agents Affiliated with this Home

  • Nate Evans

    Seller's Agent in 2022

    Nate Evans

    eXp Realty-Mahomet

    (217) 493-9297

    27 in this area

    1,849 Total Sales

    Nate Evans
    Section Image
  • Amy Pellum

    Seller Co-Listing Agent in 2022

    Amy Pellum

    eXp Realty-Mahomet

    3 in this area

    101 Total Sales

    Amy Pellum
    Section Image

  • V

    Buyer Co-Listing Agent in 2022

    Vanessa Hansen

    eXp Realty-Mahomet

    (785) 760-3812

    3 in this area

    69 Total Sales

    Vanessa Hansen
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11244267

Midwest Real Estate Data (MRED)

APN: 42-20-12-459-006

Illinois Champaign County Champaign 61820 Downtown Champaign

310 S State St, Champaign, IL

Not Listed for Sale

MultiFamily

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) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

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