NOT LISTED FOR SALE

3309 Memory Ln Unit WEST Urbana, IL 61802

Estimated Value: $291,618 - $312,000

3 Beds
2 Baths
1,316 Sq Ft
$232/Sq Ft Est. Value

Last Sold July 01, 2022

Last sale price $245,000 $186 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,801/month

58 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Corner Lot
  • Zero Lot Line
  • Combination Dining and Living Room

About This Home

As of July 2022

3 bedroom 2 bathroom zero lot line in desirable South Ridge neighborhood of Urbana. Laminate flooring throughout, granite countertops in the kitchen with Wolf cabinetry. Bathrooms feature cultured marble countertops. The master bathroom has a stand up shower with tiled walls. Open concept kitchen, dining and living room. The exterior will feature Royal Residential Toasted Almond siding with Cast Natural Nicolet Weatheredge stone, Owens Corning Duration Driftwood roof and white soffit/fascia, gutters, and garage door. Still time to pick interior finishes!

Last Agent to Sell the Property

Mark Panno

KELLER WILLIAMS-TREC License #475164947 Listed on: 03/23/2022

KELLER WILLIAMS-TREC

Last Buyer's Agent

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $1,102

Year Built

  • Built in 2022 | New Construction

Lot Details

  • Lot Dimensions are 62x86
  • Zero Lot Line

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Half Duplex
  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,316 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Crawl Space
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Thomas Paine Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Community Details

Overview

  • 2 Units
  • Jason Association
  • Property managed by Brashear Commons

Pet Policy

  • Dogs and Cats Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$1,102

Year Built

Built in 2022 | New Construction

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: 1/2 Duplex
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: Yes
  • Property Sub-Type: 1/2 Duplex
  • Year Built: 2022
  • Age: NEW Under Construction
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Legal Description: TBD, WEST SIDE OF LOT 618 COTTAGES AT SOUTH RIDGE VI
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Townhouses
  • Stories: 1

Interior Features

  • Appliances: Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1316
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1316
  • Basement Description: Crawl
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1316
  • Basement Sq Ft: 0
  • Total Sq Ft: 1316
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1316
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • Foundation Details: Block
  • List Price: 245000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Stone

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Brashear Commons
  • Management Contact Name: Jason
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Thomas Paine Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: 62X86
  • Special Assessments: N
  • Zero Lot Line: Yes

Rental Info

  • Board Number: 22
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 900

Tax Info

  • Tax Annual Amount: 21.64
  • Tax Year: 2020

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2022
Closed on
Jul 1, 2022
Sold by
Taylor Const & Design Llc
Bought by
Shotwell Tamela and Kentucky Maysville
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$304,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,905
Avg. Annual Appreciation
7.37%
Original Mortgage
$220,450
Outstanding Balance
$211,259
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$91,335
Source: Public Records

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Range of Values:

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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
Shotwell Tamela -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shotwell Tamela $220,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2022 07/01/22 Sold $245,000 0.0% $186 / Sq Ft
05/21/2022 05/21/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $245,000 -- $186 / 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 $1,102 $95,740 $11,900 $83,840
2023 $1,102 $87,360 $10,860 $76,500
2022 $17 $110 $110 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11350190

Midwest Real Estate Data (MRED)

APN: 932128426025