NOT LISTED FOR SALE

3406 S Myra Ridge Dr Urbana, IL 61802

Estimated Value: $315,243 - $325,000

3 Beds
2 Baths
1,520 Sq Ft
$211/Sq Ft Est. Value

Last Sold June 03, 2022

Last sale price $245,000 $161 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $1,964/month

133 Days on Market

Highlights

  • New Construction
  • 2 Car Attached Garage
  • Living Room
  • Porch
  • Patio
  • Laundry Room

About This Home

As of June 2022

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, and living room. 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: 10/25/2021

KELLER WILLIAMS-TREC

Last Buyer's Agent

Jesse Stauffer

Taylor Realty Associates License #475157697

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,190

Year Built

  • Built in 2021 | New Construction

Lot Details

  • 5,663 Sq Ft Lot
  • Lot Dimensions are 80x72.88

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Block Foundation
  • Asphalt Roof

Interior Spaces

  • 1,520 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Crawl Space
  • Disposal
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,190

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$10 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: Yes
  • Property Sub-Type: 1 Story
  • Year Built: 2021
  • 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 623A THE COTTAGES AT SOUTH RIDGE 1
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Other
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • LivingArea: 1520
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1520
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1520
  • Basement Sq Ft: 0
  • Square Footage Comments: building plans
  • Total Sq Ft: 1520
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1520
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Block
  • List Price: 245000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Stone,Combination

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association Fee: 120
  • Association Fee Frequency: Annually
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Lot Size Acres: 0.13
  • Lot Dimensions: 80X72.88
  • 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

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2021
Closed on
Jun 3, 2022
Sold by
Taylor Construction And Design Llc
Bought by
Mcmullen Brenda K and Mcmullen Michael Q
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Jesse Stauffer
Taylor Realty Associates
List Price
$245,000
Sold Price
$245,000
Current Estimated Value
$308,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$63,245
Avg. Annual Appreciation
6.21%
Original Mortgage
$253,820
Outstanding Balance
$241,209
Interest Rate
4.25%
Mortgage Type
VA
Estimated Equity
$55,879

Purchase Details

Closed on
Nov 15, 2021
Sold by
Chicago Title Land Trust Company
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
$183,600
Interest Rate
3.05%
Mortgage Type
Construction
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Mcmullen Brenda K $245,000 Maatuka Al-Heeti Emkes Llc
Taylor Construction & Design Llc $26,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcmullen Brenda K $253,820
Previous Owner Taylor Construction & Design Llc $183,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/03/2022 06/03/22 Sold $245,000 0.0% $161 / Sq Ft
03/08/2022 03/08/22 Pending -- -- --
10/25/2021 10/25/21 For Sale $245,000 -- $161 / 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 $3,190 $97,220 $11,900 $85,320
2023 $3,190 $29,900 $10,860 $19,040
2022 $1,092 $10,000 $10,000 $0
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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11255144

Midwest Real Estate Data (MRED)

APN: 93-21-28-426-018