3406 Melissa Ln Urbana, IL 61802
3
Beds
2
Baths
1,540
Sq Ft
9,583
Sq Ft Lot
Highlights
- New Construction
- Full Attic
- Patio
- Ranch Style House
- Porch
- Living Room
About This Home
As of June 2025New Construction home in South Ridge IX. Brand new phase of popular Urbana neighborhood close to Carle on Windsor, UIUC campus and shopping centers. Huge property tax savings in first 5 years through the THINK Urbana program. Spacious 3 bedroom floor plan featuring over 1500 square feet and with a large front porch and split layout. Open concept kitchen, living room and dining room with dramatic vaulted ceiling. The bedrooms are split with a master bedroom en suite on one side of the home and 2nd bedroom, 3rd bedroom and full bathroom on the other side of the home. The home has 9 foot ceilings in the hallways, bedrooms and bathrooms. On the outside is low maintenance Owens Corning roof shingles and vinyl siding with stone accents on the front of the home. Attached 2 car garage and mud room with laundry.
Last Agent to Sell the Property
KELLER WILLIAMS-TREC License #475164947 Listed on: 09/04/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11
Year Built
- Built in 2024 | New Construction
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 75x113
HOA Fees
- $7 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
Home Design
- Ranch Style House
- Asphalt Roof
- Stone Siding
- Concrete Perimeter Foundation
Interior Spaces
- 1,540 Sq Ft Home
- Family Room
- Living Room
- Dining Room
- Vinyl Flooring
- Full Attic
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
- Porch
Schools
- Thomas Paine Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 200+ Amp Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 4, 2024
Closed on
Jun 2, 2025
Sold by
Taylor Construction & Design Llc
Bought by
Lua Albert
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Emily Chou
Pan Realty LLC
List Price
$319,900
Sold Price
$321,000
Premium/Discount to List
$1,100
0.34%
Views
63
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%
Original Mortgage
$256,800
Outstanding Balance
$256,800
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$61,867
Purchase Details
Closed on
Jan 22, 2025
Sold by
South Ridge Real Estate Llc
Bought by
Taylor Construction & 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
$256,000
Interest Rate
6.6%
Mortgage Type
Construction
Similar Homes in Urbana, IL
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 |
|---|---|---|---|
| Special Warranty Deed | $321,000 | None Listed On Document | |
| Warranty Deed | $52,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $256,800 | New Conventional | |
| Previous Owner | $256,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/05/2025 06/05/25 | Sold | $321,000 | +0.3% | $208 / Sq Ft |
| 02/23/2025 02/23/25 | Pending | -- | -- | -- |
| 09/04/2024 09/04/24 | For Sale | $319,900 | -- | $208 / 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 | $11 | $120 | $120 | -- |
| 2023 | $11 | $110 | $110 | -- |
Source: Public Records
Agents Affiliated with this Home
-
Mark Panno
Seller's Agent in 2025
Mark Panno
KELLER WILLIAMS-TREC
(815) 674-5598
282 Total Sales
-
Emily Chou
Buyer's Agent in 2025
Emily Chou
Pan Realty LLC
(630) 484-1206
67 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12153489
APN: 93-21-28-404-025
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