NOT LISTED FOR SALE

311 W University Ave Unit 301 Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated Value: $170,060 - $251,000

2 Beds
1 Bath
1,373 Sq Ft
$377/mo HOA Fee

Last Sold February 14, 2020

Last sale price $147,000 $107 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $1,702/month

68 Days on Market

Highlights

  • Lock-and-Leave Community
  • Wood Flooring
  • Formal Dining Room
  • Central High School Rated A
  • First Floor Utility Room
  • 2-minute walk to West Side Park

About This Home

As of February 2020

Welcome to The Manor Apartments, a vintage 1928 Tudor revival high-rise overlooking historic 12.7-acre West Side Park. Secure entry is provided via a front entry vestibule from which visitors can be buzzed into the main lobby, which features a wood-beamed ceiling, terrazzo staircase with ornate metalwork, and one of the oldest operating elevators in the state. This 4th floor unit (unit numbers start on the floor above street level/lobby) offers vintage charm combined with major updates. Recently refinished original solid oak parquet floors run through all areas except kitchen and bathroom. The grand entry hallway has arched doorways leading to the different rooms. The kitchen and bathroom have been undergone complete renovation. The generously sized dining room and living room handle entertaining with ease. Somewhat unexpectedly, there are no walls of the unit in common with other units, and the building features robust steel and concrete construction, making the home exceptionally quiet. Some extra storage is just outside the unit's back door, and there is a large secure storage area in the 6th floor walk-up attic. Bike storage is available on the ground floor for an annual fee and in a designated attic area at no charge. In recent years, the condo board has completed many significant maintenance and repair projects, including roof, tuck pointing, steam boiler, energy saving radiator thermostat valves inside units, common area windows, and landscaping--all while building up an unprecedented financial reserve. Monthly condo fees include heat, water (and water heating energy), insurance, landscaping, lawn maintenance, snow removal & trash. Unit owner pays only for electricity and gas for cooking. This unit does not include owned parking, but attached garage bays are sometimes available for rent, and parking lot spaces immediately to the east (right outside the building's back door) are usually available for rent; anticipated 2020 rate is $40/month. **New in September 2019: condo fee includes fiber optic Internet service to building. Each unit has its own secure ethernet/wifi router. **See 3D virtual tour and HD photo gallery!**

Last Agent to Sell the Property

Matt Difanis

RE/MAX REALTY ASSOCIATES-CHA License #471020468 Listed on: 10/21/2019

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Susan Frobish

Heartland Real Estate of Central Illinois, Inc License #475132373

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,926

Year Built

  • Built in 1928

Lot Details

  • 1,176

HOA Fees

  • $377 Monthly HOA Fees

Parking

  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Rubber Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,373 Sq Ft Home
  • Living Room
  • Formal Dining Room
  • First Floor Utility Room
  • Storage Room
  • Wood Flooring
  • English Basement

Kitchen

  • Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Two Cooling Systems Mounted To A Wall/Window
  • Radiator
  • Heating System Uses Steam
  • 100 Amp Service

Community Details

Overview

  • Association fees include heat, water, insurance, exterior maintenance, lawn care, snow removal, internet
  • 12 Units
  • Jesse Reichler Association, Phone Number (217) 355-5985
  • Property managed by Self-Managed
  • Lock-and-Leave Community
  • 5-Story Property

Amenities

  • Common Area
  • Community Storage Space
  • Elevator

Recreation

  • Bike Trail

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,926

Year Built

Built in 1928

Lot Details

0

HOA Fees

$377 per month

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1928
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 4
  • Legal Description: UNIT 301 IN THE MANOR APARTMENTS, A CONDOMINIUM APARTMENT
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 5

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: English
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: Elevator, Hardwood Floors, Storage
  • LivingArea: 1373
  • Room Type: Utility Room-1st Floor, Storage
  • Stories Total: 5
  • Estimated Total Finished Sq Ft: 1373
  • Assessed Sq Ft: 0
  • Basement Description: Other
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1373
  • Basement Sq Ft: 0
  • Square Footage Comments: Square footage calculated from measurements from Matterport scanner.
  • Total Sq Ft: 1373
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1373
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • Foundation Details: Concrete Perimeter
  • List Price: 149900
  • Lot Features: Common Grounds
  • Roof: Rubber
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Cooling: Window/Wall Units - 2
  • Electric: 100 Amp Service
  • Heating: Steam, Radiator(s)
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 377
  • Association Amenities: Bike Room/Bike Trails, Elevator(s), Storage, Security Door Lock(s)
  • Association Fee Frequency: Monthly
  • Management: Self-Management
  • Master Association Fee: No
  • Management Company: Self-Managed
  • Management Contact Name: Jesse Reichler
  • Management Phone: 217-355-5985
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Insurance, Exterior Maintenance, Lawn Care, Snow Removal, Internet

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 Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 1925.58
  • Tax Year: 2017

Multi Family

  • Units in Building: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2019
Closed on
Feb 14, 2020
Sold by
Mcchesney Robert W and Stole Inger L
Bought by
Gillespie Crystalline D
Seller's Agent
Matt Difanis
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Susan Frobish
Heartland Real Estate of Central Illinois, Inc
List Price
$149,900
Sold Price
$147,000
Premium/Discount to List
-$2,900
-1.93%
Current Estimated Value
$211,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,265
Avg. Annual Appreciation
5.51%
Original Mortgage
$139,650
Outstanding Balance
$125,002
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$73,578

Purchase Details

Closed on
Jan 19, 2016
Sold by
Mcchesney Robert W and Store Ingerl L
Bought by
Mcchesney Living Trust

Purchase Details

Closed on
Jul 22, 2008
Sold by
Silis Jeannine N
Bought by
Mcchesney Robert W and Stole Inger L

Purchase Details

Closed on
May 31, 2005
Sold by
Somers Jean E
Bought by
Silis Jeannine N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
5.91%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

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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
Gillespie Crystalline D $147,000 None Available
Mcchesney Living Trust -- Attorney
Mcchesney Robert W $147,000 None Available
Silis Jeannine N $105,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gillespie Crystalline D $139,650
Previous Owner Silis Jeannine N $94,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/14/2020 02/14/20 Sold $147,000 -1.9% $107 / Sq Ft
12/28/2019 12/28/19 Pending -- -- --
10/21/2019 10/21/19 For Sale $149,900 -- $109 / 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 $2,512 $37,180 $2,660 $34,520
2023 $2,512 $33,860 $2,420 $31,440
2022 $2,320 $31,230 $2,230 $29,000
2021 $2,254 $30,620 $2,190 $28,430
2020 $2,150 $29,450 $2,110 $27,340
2019 $2,070 $28,850 $2,070 $26,780
2018 $2,016 $28,400 $2,040 $26,360
2017 $1,926 $27,310 $1,960 $25,350
2016 $1,716 $26,750 $1,920 $24,830
2015 $1,721 $26,280 $1,890 $24,390
2014 $1,706 $26,280 $1,890 $24,390
2013 $1,691 $26,280 $1,890 $24,390
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10553927

Midwest Real Estate Data (MRED)

APN: 42-20-12-451-009