NOT LISTED FOR SALE

Estimated Value: $259,000 - $281,000

6 Beds
3 Baths
1,280 Sq Ft
$211/Sq Ft Est. Value

Last Sold April 20, 2022

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

Est. 15% increase in value since last sale

Current estimated payment $1,983/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

0

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
  • 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
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • List Price: 235000
  • 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
  • Middle/Junior School District: 4

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

Closed on
Oct 22, 2009
Sold by
Thorstenson Todd L
Bought by
South State Street Champaign Llc
Current Estimated Value
$270,000

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:

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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
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
Previous Owner Brashear Derek R $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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 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 $6,166 $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

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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