Seller's Agent in 2025
Eddie Mullins
RE/MAX
(217) 373-4802
284 Total Sales
3310 Memory Ln Urbana, IL 61802
3
Beds
3
Baths
1,551
Sq Ft
0.31
Acres
Highlights
- Deck
- Bonus Room
- Porch
- Ranch Style House
- Stainless Steel Appliances
- Bar
About This Home
As of May 2025As soon as you pull up, you will know you are "HOME". This custom built, original owner home, shows and feels like it is new construction, due to how meticulously maintained/loved by its owner it has been since inception. Not a detail has been missed in this home, from the curb appeal, the professional landscaping, covered front porch and private lane. Once inside, you will notice the soaring nine (9)-foot ceilings, open concept split floor plan, rounded drywall, tray ceilings, warm colors, and tasteful decor throughout. Please take note of the wide hallways and doorways that present a handicap accessible lifestyle as well. The spacious eat-in kitchen provides a plethora of cabinet space, with slide out drawers, for your convenience, an eating bar, pantry and breakfast nook, all perfect for entertaining. The living room opens up to the AMAZING backyard with a large patio/deck, gazebo, firepit, audio speakers, garden shed, private backyard with plenty of room to roam, that backs up to a private walking path, ornate common area and no neighbors directly behind you, with beautiful sunrises! The finished basement includes an open concept floor plan with a large family room that is wired for surround sound and an oversized adjacent kitchenette, giving you the opportunity to host parties and/or let your imagination go wild utilizing the space to enjoy any of your favorite extracurricular activities! There is also a spacious bedroom, full bathroom and storage galore! Lastly the oversized two car garage gives you plenty of space for your cars, tools or hobbies. Don't miss the pull-down attic access, that has lights and flooring/carpet, for your convenience, providing even more storage possibilities! Updates include, but not limited to, new roof and siding 2021-2022, high efficiency heating/cooling system, with whole house humidifier, high efficiency water heater, water powered back-up sump pump and more! Schedule your tour today to preview this beautiful home and don't forget your checkbook! :)
Last Agent to Sell the Property
RE/MAX REALTY ASSOCIATES-CHA License #475131641 Listed on: 03/07/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,982
Year Built
- Built in 2009
Lot Details
- 0.31 Acre Lot
- Lot Dimensions are 55.99x134.07x137x201.63
- Fenced
Parking
- 2.5 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
Interior Spaces
- 1,551 Sq Ft Home
- Bar
- Gas Log Fireplace
- Entrance Foyer
- Family Room
- Living Room with Fireplace
- Combination Kitchen and Dining Room
- Bonus Room
- Carbon Monoxide Detectors
Kitchen
- Range
- Microwave
- Dishwasher
- Stainless Steel Appliances
- Disposal
Flooring
- Carpet
- Laminate
- Ceramic Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 4 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 3 Full Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Outdoor Features
- Deck
- Porch
Schools
- Thomas Paine Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Forced Air Heating and Cooling System
- Heating System Uses Natural Gas
- 100 Amp Service
- Cable TV Available
Community Details
- South Ridge Subdivision
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 7, 2025
Closed on
May 23, 2025
Sold by
Michael C Peoples Family Trust and Peoples Michael C
Bought by
Schultz Mark W and Schultz Cynthia E
Seller's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Lisa Rector
KELLER WILLIAMS-TREC
List Price
$379,900
Sold Price
$380,000
Premium/Discount to List
$100
0.03%
Views
23
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$881
Avg. Annual Appreciation
-0.63%
Original Mortgage
$304,000
Outstanding Balance
$303,020
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$76,099
Purchase Details
Closed on
Apr 7, 2023
Sold by
Peoples Michael C
Bought by
Michael C Peoples Family Trust
Purchase Details
Closed on
Sep 27, 2021
Sold by
Peoples Rita L
Bought by
Peoples Michael C
Purchase Details
Closed on
Oct 5, 2009
Sold by
Ironwood Builders Inc
Bought by
Peoples Michael C and Peoples Rita L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.19%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 16, 2009
Sold by
Busey Trust Company
Bought by
Ironwood Builders Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,400
Interest Rate
5.43%
Mortgage Type
Construction
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $380,000 | None Listed On Document | |
| Quit Claim Deed | -- | None Listed On Document | |
| Interfamily Deed Transfer | -- | Attorney | |
| Corporate Deed | $221,500 | None Available | |
| Deed | $46,000 | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $304,000 | New Conventional | |
| Previous Owner | $150,000 | New Conventional | |
| Previous Owner | $194,400 | Construction |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/27/2025 05/27/25 | Sold | $380,000 | 0.0% | $245 / Sq Ft |
| 03/13/2025 03/13/25 | Pending | -- | -- | -- |
| 03/12/2025 03/12/25 | Price Changed | $379,900 | 0.0% | $245 / Sq Ft |
| 03/12/2025 03/12/25 | For Sale | $379,900 | -- | $245 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $6,169 | $82,000 | $17,630 | $64,370 |
| 2023 | $6,169 | $74,820 | $16,090 | $58,730 |
| 2022 | $6,277 | $68,900 | $14,820 | $54,080 |
| 2021 | $5,755 | $64,210 | $13,810 | $50,400 |
| 2020 | $5,533 | $62,340 | $13,410 | $48,930 |
| 2019 | $5,375 | $62,340 | $13,410 | $48,930 |
| 2018 | $5,875 | $62,770 | $13,500 | $49,270 |
| 2017 | $5,892 | $62,770 | $13,500 | $49,270 |
| 2016 | $5,733 | $61,530 | $13,230 | $48,300 |
| 2015 | $5,546 | $61,530 | $13,230 | $48,300 |
| 2014 | $5,471 | $59,160 | $12,720 | $46,440 |
| 2013 | $5,392 | $59,160 | $12,720 | $46,440 |
Source: Public Records
Agents Affiliated with this Home
-
Eddie Mullins
-
Lisa Rector
Buyer's Agent in 2025
Lisa Rector
KELLER WILLIAMS-TREC
(217) 778-3635
376 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12306553
APN: 93-21-28-427-004
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