NOT LISTED FOR SALE

3315 Memory Ln Urbana, IL 61802

Southeast Urbana Neighborhood

Estimated Value: $303,000 - $317,000

2 Beds
2 Baths
1,403 Sq Ft
$222/Sq Ft Est. Value

Sale Details

Date Sold: October 20, 2021

Last sale price $240,900 $172 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $1,897 / mo

113 Days on Market

About This Home

As of October 2021

New construction in Southeast Urbana! If you are looking for a new construction home at an affordable price, you have found it with this one! Split floor plan with master en suite on one side of the house and two bedrooms and a full bathroom on the other side. In between is an open concept kitchen, dining room, living room and a covered back and front patio. The home furnishings include laminate flooring, granite countertops, quality Wolf cabinetry, and custom trim work. In the master suite is a bathroom featuring a double sink vanity, custom tiled walk-in shower and an oversized walk-in closed with wrap around bar and shelf storage.

Last Agent to Sell the Property

Mark Panno

KELLER WILLIAMS-TREC License #475164947 Listed on: 05/11/2021

KELLER WILLIAMS-TREC

Last Buyer's Agent

Mark Panno

KELLER WILLIAMS-TREC License #475164947 Listed on: 05/11/2021

KELLER WILLIAMS-TREC

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • 2021

Lot Details

  • 5,663

HOA Fees

  • $6 per month

Parking

  • Attached Garage
  • Parking Space is Owned

Interior Spaces

  • 1,403 Sq Ft Home
  • 1-Story Property
  • Crawl Space

Home Details

Home Type

Single Family

Year Built

2021

Lot Details

5,663 Sq Ft Lot

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • 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
  • Legal Description: LOT 620B THE COTTAGES AT SOUTH RIDGE 1
  • Directions: From Philo, south to Marc Trail, East to Myra Ridge, South to Memory, home on West side of Memory
  • Lot Size: 80X72.88
  • New Construction: Yes
  • Ownership: Fee Simple
  • Special Features: NewHome
  • Year Built: 2021

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Disposal
  • Has Basement: None
  • Estimated Total Finished Sq Ft: 1403
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1403
  • Full Bathrooms: 2
  • Possible Bedrooms: 2
  • Total Bedrooms: 2
  • Dining Room Type: No additional rooms

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Porch
  • Foundation Details: Block
  • Exterior Building Type: Aluminum Siding,Stone,Combination
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee: 70
  • Association Fee Frequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

  • Junior High Dist: 116
  • Middle Or Junior School: Thomas Paine Elementary School

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 20.16
  • Tax Year: 2020

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Oct 20, 2021
Sold by
Bought by
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Mark Panno
KELLER WILLIAMS-TREC
List Price
$239,900
Sold Price
$240,900
Premium/Discount to List
$1,000
0.42%
Current Estimated Value
$311,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,453
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Jul 13, 2021
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
3%
Mortgage Type
Commercial
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Southeast Urbana, IL

  • PJ Trautman Real Estate Agent - Trautman Real Estate Agency & Appraisal LLC

    PJ Trautman

    Trautman Real Estate Agency & Appraisal LLC

    (217) 858-4950

    167 Total Sales

    10 in Southeast Urbana

    $64K - $725K Price Range

    PJ Trautman
     Section Image
  • Brock Collins Real Estate Agent - eXp Realty - Mahomet Branch

    Brock Collins

    Responds Quickly

    eXp Realty - Mahomet Branch

    (217) 688-9482

    62 Total Sales

    1 in Southeast Urbana

    $290,000 Price

    Brock Collins
     Section Image
  • Jake Patterson Real Estate Agent - Realty Select One

    Jake Patterson

    Realty Select One

    (217) 858-3002

    137 Total Sales

    2 in Southeast Urbana

    $153K - $280K Price Range

    Jake Patterson
     Section Image
  • Todd Salen Real Estate Agent - KELLER WILLIAMS-TREC

    Todd Salen

    KELLER WILLIAMS-TREC

    (217) 858-2707

    34 Total Sales

    4 in Southeast Urbana

    $220K - $313K Price Range

    Todd Salen
     Section Image
  • Carol Meinhart Real Estate Agent - The Real Estate Group LLC

    Carol Meinhart

    Responds Quickly

    The Real Estate Group LLC

    (217) 858-4967

    768 Total Sales

    27 in Southeast Urbana

    $115K - $420K Price Range

    Carol Meinhart
     Section Image
  • Laura Heiser Real Estate Agent - The Real Estate Group,Inc

    Laura Heiser

    The Real Estate Group,Inc

    (217) 858-3171

    203 Total Sales

    4 in Southeast Urbana

    $180K - $260K Price Range

    Laura Heiser
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$241,000 Attorney
$26,000 Chicago Title Land Trust Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $178,400
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/20/2021 10/20/21 Sold $240,900 +0.4% $172 / Sq Ft
08/31/2021 08/31/21 Pending -- -- --
05/10/2021 05/10/21 For Sale $239,900 -- $171 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $2,202 $96,100 $12,590 $83,510
2024 $560 $90,830 $11,900 $78,930
2023 $560 $82,880 $10,860 $72,020
2022 $7,120 $76,690 $10,000 $66,690
2021 $25 $100 $100 $0
2020 $20 $100 $100 $0
2019 $15 $100 $100 $0
2018 $15 $100 $100 $0
2017 $15 $100 $100 $0
2016 $15 $100 $100 $0
2015 $15 $100 $100 $0
Source: Public Records

Agents Affiliated with this Home

  • Mark Panno Real Estate Agent - KELLER WILLIAMS-TREC

    Seller's Agent in 2021

    Mark Panno

    KELLER WILLIAMS-TREC

    (815) 674-5598

    65 in this area

    281 Total Sales

    Mark Panno
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11084047

Midwest Real Estate Data (MRED)

APN: 93-21-28-426-013

Illinois Champaign County Urbana 61802 Southeast Urbana

3315 Memory Ln, Urbana, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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