3407 Memory Ln Urbana, IL 61802
Estimated payment $1,868/month
Highlights
- Open Floorplan
- Wood Flooring
- Porch
- Ranch Style House
- Home Office
- Walk-In Closet
About This Home
This beautifully maintained ranch home, built just four years ago, offers 2 bedrooms and 2 full bathrooms and showcases an open-concept floor plan that seamlessly connects the living, dining, and kitchen areas. Step inside to find 9-foot ceilings, upgraded finishes, and engineered Norwegian veneer flooring flowing throughout the entire home. The kitchen includes upgraded appliances, quartz countertops, a center island, and a corner pantry for added storage. The living room features sleek Techline cabinetry, complemented by matching built-ins in the second bedroom, currently serving as an office. The primary suite is spacious and inviting, complete with a walk-in closet and an adjoining bath with a step-in shower and dual vanities. The laundry room offers room to add a folding counter for additional convenience and the washer and dryer are just 3 years old. Originally an enclosed porch, the now fully finished bonus room provides a bright and comfortable space perfect for a home office, reading nook, or hobby area, with access to the custom wood deck. Situated just minutes from Meijer, Carle Clinic, Meadowbrook Park, and a variety of restaurants. Make Memory Lane your next 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 2021
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 |
|---|---|---|---|---|---|
| 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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