Seller's Agent in 2025
Mark Panno
KELLER WILLIAMS-TREC
(815) 674-5598
77 in this area
285 Total Sales
3311 Memory Ln Unit EAST Urbana, IL 61802
Southeast Urbana Neighborhood
3
Beds
2
Baths
1,316
Sq Ft
$6/mo
HOA Fee
Highlights
- Corner Lot
- Zero Lot Line
- Combination Dining and Living Room
- Laundry Room
- Forced Air Heating and Cooling System
- Family Room
About This Home
As of September 2025Nearly new 3 bedroom 2 bathroom duplex zero lot line built in 2022. The custom kitchen features upgraded cabinetry with under cabinet lighting, granite countertops and a full appliance suite with a gas range and side by side refrigerator. The open concept living room off the kitchen has large windows letting in plenty or natural light and is adjacent to the dining space and sliding patio door with access to the fenced in yard and patio. The 2nd and 3rd bedrooms have upgraded can lights and great Southern light. The master suite has a spacious walk-in closet and stand up shower in the bathroom with tiled walls. The 2nd full bathroom is adjacent to the 2nd and 3rd bedroom and features a cultured marble vanity countertop and bathtub shower surround. Low maintenance laminate flooring and stylish faux wood blinds throughout the home. The remaining years of property tax discounts through THINK Urbana will transfer to the new owner!
Last Agent to Sell the Property
KELLER WILLIAMS-TREC Brokerage Phone: (217) 356-6100 License #475164947 Listed on: 06/09/2025
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $3,319
Year Built
- Built in 2022
Lot Details
- Lot Dimensions are 83x86
- Zero Lot Line
HOA Fees
- $6 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Half Duplex
- Entry on the 1st floor
- Block Foundation
- Asphalt Roof
- Stone Siding
Interior Spaces
- 1,316 Sq Ft Home
- 1-Story Property
- Family Room
- Combination Dining and Living Room
- Laminate Flooring
- Disposal
- Laundry Room
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
Listing and Financial Details
- Homeowner Tax Exemptions
Community Details
Overview
- 2 Units
- Oor Association
- Property managed by Brashear Commons
Pet Policy
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 9, 2025
Closed on
Sep 6, 2025
Sold by
Spike Brian and Spike Lisa
Bought by
Sellers Susan J
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
List Price
$299,900
Sold Price
$289,900
Premium/Discount to List
-$10,000
-3.33%
Views
46
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.41%
Purchase Details
Listed on
Mar 23, 2022
Closed on
Jul 1, 2022
Sold by
Taylor Const & Design Llc
Bought by
Spike Brian and Spike Lisa
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Mark Panno
KELLER WILLIAMS-TREC
List Price
$245,000
Sold Price
$245,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$196,000
Interest Rate
5.09%
Mortgage Type
Balloon
Purchase Details
Closed on
Jan 25, 2022
Sold by
Trust Number 498 and Chicago Title Land Trust Co
Bought by
Taylor Const & Design Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,883
Interest Rate
3.89%
Mortgage Type
New Conventional
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 |
|---|---|---|---|
| Warranty Deed | $290,000 | None Listed On Document | |
| Special Warranty Deed | $245,000 | None Listed On Document | |
| Deed | $52,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $196,000 | Balloon | |
| Previous Owner | $370,883 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/26/2025 09/26/25 | Sold | $289,900 | 0.0% | $220 / Sq Ft | |
| 08/20/2025 08/20/25 | Pending | -- | -- | -- | |
| 07/17/2025 07/17/25 | Price Changed | $289,900 | -3.3% | $220 / Sq Ft | |
| 07/08/2025 07/08/25 | For Sale | $299,900 | +22.4% | $228 / Sq Ft | |
| 07/06/2022 07/06/22 | Sold | $245,000 | 0.0% | $186 / Sq Ft | View Prior Sale |
| 04/01/2022 04/01/22 | 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
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 | $1,629 | $97,300 | $17,630 | $79,670 |
| 2023 | $1,629 | $88,780 | $16,090 | $72,690 |
| 2022 | $17 | $110 | $110 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Panno
-
Eddie Mullins
Buyer's Agent in 2025
Eddie Mullins
RE/MAX
(217) 373-4802
20 in this area
278 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12414088
APN: 932128426026
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