NOT LISTED FOR SALE

312 Yankee Ridge Ln Urbana, IL 61802

Estimated Value: $424,000 - $456,000

3 Beds
3 Baths
1,997 Sq Ft
$217/Sq Ft Est. Value

Last Sold May 21, 2024

Last sale price $400,000 $200 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,031/month

9 Days on Market

Highlights

  • Community Lake
  • Property is near a park
  • Ranch Style House
  • Deck
  • Double Shower
  • Wood Flooring

About This Home

As of May 2024

Located in desirable Yankee Ridge Subdivision, this one story 3 bedroom, 3 full bath with full finished basement was constructed as a Solar Envelope home (also known as a solar double envelope). Two additional bedrooms are found in the basement (no egress windows). Peaceful surroundings, low energy costs, County Taxes and convenient location are a few of this home's benefits. The Solar Envelope concept is like a home within a home, using the sun's solar and earth's geothermal properties to create a circular flow within the Envelope space tempering seasonal energy costs. A link to a short video (by Healthy Homes) about Solar Envelope Home function is located under the main photo. The Envelope space surrounding the enclosed finished basement area is dry and useable for storage and workspace. The Solarium provides an inviting entry, a wonderful environment for your favorite plants as well as a soothing space to relax and unwind. The main level offers 1997 SF with a split floor plan, the Primary Bedroom Suite to the East and 2 bedrooms to the West. The living room and dining room have an open feel with beautiful COREtec LVP flooring and views to the rear deck and spacious backyard. Situated off the dining room, the kitchen has the same LVP, generous cabinetry, good counter space, all stainless appliances, a closet/pantry and pass through area to the dining room for easy entertaining. The Primary Suite has 3 generous closets, new carpeting, fresh paint, an updated, attached bathroom with walk-in shower and a solar tube skylight. The 2 West bedrooms have new carpeting, fresh paint, great closet space and a 2nd updated bathroom convenient to both. The interior staircase is illuminated by a solar tube skylight and leads to the full finished basement. The landing area has split stairs with the laundry room to the west and family room to the east. The family room includes a useful kitchenette area, wood burning fireplace, a wall of shelving, plenty of furniture space plus enough bonus area for a pool table or other entertainment. Extra enclosed storage area is located under the staircase. A full bath is accessed from the family room. Both basement bedrooms (no egress windows) have generous closets and offer flexible space for whatever use one would desire. Natural light is provided to the family room area through sliders opening to the south envelope area and a second staircase leading back up to the Solarium. Yankee Ridge Subdivision is just minutes south of the University of Illinois, convenient shopping/medical facilities are nearby and the heart of Urbana's downtown is 5 minutes away. This serene subdivision is a nature lovers paradise offering multiple commons areas to its residents, mature woods, meandering neighborhood paths, a pond for swimming, fishing, recreation and a private path that leads to Meadowbrook Park! The MTD bus line services the subdivision. Extra information: The home has a radon mitigation system, a water backup sump pump installed, gutter guards, a hot water recirculating pump for the entire house, 2 storage sheds that remain, 2023 furnace and AC, french drain system. The total Annual HOA dues are $411 and include a yearly franchise filing fee, maintenance of the fire hydrant, Fire protection/emergency medical services provided by the Savoy Fire Department, water quality, liability insurance, the Health Department license for pond upkeep and maintenance/upkeep for the NE Commons. The home has been pre inspected by Healthy Homes for buyer convenience, the inspection is available upon request. Highlighted repairs in the report summary have been completed. Seller has never used the family room FP, transfers as is. Covenants, Bylaws and original Solar Envelope System brochure are found in the Additional Information tab or can be provided by your agent. This home is ready and waiting for someone to make it their own, add their personal touch and start making memories. Intrigued? Stop by, you'll be glad you did!

Last Agent to Sell the Property

Susan Laesch

Coldwell Banker R.E. Group License #475126032 Listed on: 03/19/2024

Coldwell Banker R.E. Group

Last Buyer's Agent

Scott Bechtel

KELLER WILLIAMS-TREC License #471003745

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,724

Year Built

  • Built in 1984

Lot Details

  • Lot Dimensions are 95.35 x 155.27 x 95 x 147.29
  • Paved or Partially Paved Lot

HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Radon Mitigation System
  • Concrete Perimeter Foundation
  • Cedar

Interior Spaces

  • 1,997 Sq Ft Home
  • Built-In Features
  • Bookcases
  • Skylights
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Carbon Monoxide Detectors
  • Electric Dryer Hookup

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Partially Carpeted

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Potential Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Dual Sinks
  • Double Shower
  • Separate Shower
  • Solar Tube

Finished Basement

  • Basement Fills Entire Space Under The House
  • Sump Pump
  • Finished Basement Bathroom

Outdoor Features

  • Tideland Water Rights
  • Deck
  • Shed
  • Porch

Location

  • Property is near a park

Schools

  • Wiley Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Association fees include lake rights
  • Yankee Ridge Subdivision
  • Community Lake

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,724

Year Built

Built in 1984

Lot Details

0

HOA Fees

$34 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Yankee Ridge
  • Year Built: 1984
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 8 YANKEE RIDGE 3RD SUBDIVISION
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: Full
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Below Grade Finished Sq Ft: 1997
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Skylight(s), Hardwood Floors, Solar Tubes/Light Tubes, First Floor Bedroom, First Floor Full Bath, Built-in Features, Bookcases, Some Carpeting
  • LivingArea: 1997
  • Other Equipment: CO Detectors, Sump Pump, Backup Sump Pump;, Radon Mitigation System
  • Room Type: Bedroom 5, Other Room
  • Estimated Total Finished Sq Ft: 3994
  • Basement Description: Finished
  • Bathroom Amenities: Separate Shower,Double Sink,Double Shower
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 2
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1997
  • Basement Sq Ft: 1997
  • Fireplace Location: Family Room
  • Total Sq Ft: 3994
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1997
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Appraiser

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Foundation Details: Concrete Perimeter
  • List Price: 399900
  • OtherStructures: Shed(s)
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 40
  • Association Fee Frequency: Annually
  • Community Features: Park, Lake, Water Rights, Curbs, Sidewalks, Street Paved
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Master Association Fee: 371
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Lake Rights, Other

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 95.35 X 155.27 X 95 X 147.29
  • Rural (Y/N): N
  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Zero Lot Line: No

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 7723.5
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2024
Closed on
May 21, 2024
Sold by
Dennis Mickunas Revocable Trust and Mickunas Marshall Dennis
Bought by
Wagener Christine M
Seller's Agent
Susan Laesch
Coldwell Banker R.E. Group
Buyer's Agent
Scott Bechtel
KELLER WILLIAMS-TREC
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Views
2
Current Estimated Value
$433,857

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,857
Avg. Annual Appreciation
5.98%
Original Mortgage
$400,000
Outstanding Balance
$394,119
Interest Rate
6.63%
Mortgage Type
VA
Estimated Equity
$39,738

Purchase Details

Closed on
Mar 3, 2023
Sold by
Mickunas Marshall Dennis
Bought by
Dennis Mickunas Revocable Trust
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
Wagener Christine M $400,000 None Listed On Document
Dennis Mickunas Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wagener Christine M $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2024 05/21/24 Sold $400,000 0.0% $200 / Sq Ft
04/16/2024 04/16/24 For Sale $399,900 0.0% $200 / Sq Ft
04/14/2024 04/14/24 Off Market $399,900 -- --
03/30/2024 03/30/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $399,900 -- $200 / 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 $8,362 $120,120 $21,880 $98,240
2023 $8,362 $113,640 $20,700 $92,940
2022 $7,724 $103,690 $18,890 $84,800
2021 $7,271 $98,190 $17,890 $80,300
2020 $6,892 $93,690 $17,070 $76,620
2019 $6,700 $93,690 $17,070 $76,620
2018 $6,465 $91,320 $16,640 $74,680
2017 $6,570 $89,350 $16,280 $73,070
2016 $6,333 $86,920 $15,840 $71,080
2015 $6,237 $84,880 $15,470 $69,410
2014 $6,348 $87,780 $16,000 $71,780
2013 $6,613 $92,600 $16,880 $75,720
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11996811

Midwest Real Estate Data (MRED)

APN: 30-21-29-428-026