3407 Memory Ln Urbana, IL 61802
Southeast Urbana NeighborhoodEstimated payment $1,756/month
Highlights
- Open Floorplan
- Wood Flooring
- Porch
- Ranch Style House
- Home Office
- Walk-In Closet
About This Home
This beautifully finished and maintained ranch, built in 2022, features 2 spacious bedrooms and 2 full bathrooms, has upgrades at every turn, with an open-concept layout that seamlessly connects the living, dining, and kitchen areas. Inside, you will find 9-foot ceilings and many thoughtful upgrades throughout, including Hunter Douglas blinds in every room, modern upgraded light fixtures, and stylish ceiling fans. Durable Woodura, Swedish engineered hardwood flooring, is three to five times stronger than traditional hardwood, extends through the entire home and enhances this home immensely. The kitchen is a true highlight with upgraded stainless steel appliances, upgraded quartz countertops, a large center island, and a corner pantry for extra storage. The living room features sleek Techline cabinetry, complemented by matching built-ins in the second bedroom, currently used as an office. The spacious primary suite includes a walk-in closet and a private bath with dual vanities and a step-in shower. A stunning den/office with additional Techline cabinetry provides the perfect spot for a home office, reading nook, or hobby space, with direct access to the large custom-designed deck that is perfect for relaxing or entertaining. The laundry room provides space to add a folding counter, and the washer and dryer are only three years old. The oversized two car garage is an added gift with lots of storage space. The low-maintenance yard is ideal for anyone who loves a high-end home without the upkeep of a large lot. If you are specifically searching for three bedrooms or a bigger yard, this property may not be a match, but for the right buyers, it's a standout. Located just minutes from shopping, Carle Clinic, Meadowbrook Park and extensive walking paths, and a variety of local restaurants, this home combines style, convenience, and immense quality, making it the perfect place to call home.
Listing Agent
KELLER WILLIAMS-TREC Brokerage Phone: (217) 202-5999 License #475126516 Listed on: 10/17/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,360
Year Built
- Built in 2022
Lot Details
- 5,663 Sq Ft Lot
- Lot Dimensions are 80x72.88
- Paved or Partially Paved Lot
HOA Fees
- $6 Monthly HOA Fees
Parking
- 2 Car Garage
- Driveway
- Parking Included in Price
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Roof
- Stone Siding
Interior Spaces
- 1,460 Sq Ft Home
- Open Floorplan
- Fireplace With Gas Starter
- Family Room
- Living Room with Fireplace
- Dining Room
- Home Office
- Wood Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- Walk-In Closet
- Bathroom on Main Level
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Patio
- Porch
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
- Senior Tax Exemptions
- Homeowner Tax Exemptions
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 12/29/2025 12/29/25 | Pending | -- | -- | -- | |
| 11/20/2025 11/20/25 | Price Changed | $299,999 | -3.2% | $205 / Sq Ft | |
| 11/07/2025 11/07/25 | Price Changed | $310,000 | -1.6% | $212 / Sq Ft | |
| 10/20/2025 10/20/25 | For Sale | $315,000 | +28.6% | $216 / Sq Ft | |
| 05/13/2022 05/13/22 | Sold | $245,000 | +2.1% | $175 / Sq Ft | View Prior Sale |
| 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 |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $34,666 | None Listed On Document | |
| Deed | $26,000 | Chicago Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $196,000 | New Conventional | |
| Previous Owner | $183,600 | Construction |
Source: Midwest Real Estate Data (MRED)
MLS Number: 12494948
APN: 93-21-28-426-021
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