3407 Memory Ln Urbana, IL 61802
Estimated Value: $303,996 - $320,000
3
Beds
2
Baths
1,401
Sq Ft
$222/Sq Ft
Est. Value
Highlights
- New Construction
- 2 Car Attached Garage
- Living Room
- Porch
- Patio
- Laundry Room
About This Home
As of May 2022New 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. 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 closet with wrap around bar and shelf storage. Off the kitchen is a large covered back porch perfect for relaxing! Completion/closing date of January 17th 2022 or later. Still time to pick all the finishes and make this a custom home!
Last Agent to Sell the Property
KELLER WILLIAMS-TREC License #475164947 Listed on: 09/27/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $601
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
- 1,401 Sq Ft Home
- 1-Story Property
- Living Room
- Dining Room
- Crawl Space
- Laundry Room
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
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
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 27, 2021
Closed on
May 13, 2022
Sold by
Taylor Construction And Design Llc
Bought by
Weichsel Paul M and Weichsel Linda H
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Carol Meinhart
The Real Estate Group,Inc
List Price
$239,900
Sold Price
$245,000
Premium/Discount to List
$5,100
2.13%
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
$66,499
Avg. Annual Appreciation
7.68%
Original Mortgage
$196,000
Outstanding Balance
$186,715
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$121,935
Purchase Details
Closed on
Nov 17, 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
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weichsel Paul M | $34,666 | Maatuka Al-Heeti Emkes Llc | |
| Taylor Construction & Design Llc | $26,000 | Chicago Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Weichsel Paul M | $196,000 | |
| Previous Owner | Taylor Construction & Design Llc | $183,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/13/2022 05/13/22 | Sold | $245,000 | +2.1% | $175 / Sq Ft |
| 05/11/2022 05/11/22 | For Sale | $239,900 | -2.1% | $171 / Sq Ft |
| 04/29/2022 04/29/22 | Off Market | $245,000 | -- | -- |
| 11/02/2021 11/02/21 | Pending | -- | -- | -- |
| 10/25/2021 10/25/21 | Pending | -- | -- | -- |
| 09/27/2021 09/27/21 | For Sale | $239,900 | -- | $171 / 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 | $601 | $96,750 | $11,900 | $84,850 |
| 2023 | $601 | $88,280 | $10,860 | $77,420 |
| 2022 | $1,104 | $10,110 | $10,000 | $110 |
| 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
Seller's Agent in 2022
Mark Panno
KELLER WILLIAMS-TREC
(815) 674-5598
275 Total Sales
-
Carol Meinhart
Buyer's Agent in 2022
Carol Meinhart
The Real Estate Group,Inc
(217) 840-3328
835 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11230673
APN: 93-21-28-426-021
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