NOT LISTED FOR SALE

3409 Memory Ln Urbana, IL 61802

Estimated Value: $292,000 - $324,000

3 Beds
2 Baths
1,368 Sq Ft
$223/Sq Ft Est. Value

Last Sold July 05, 2023

Last sale price $265,000 $194 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $1,741/month

10 Days on Market

Highlights

  • Ranch Style House
  • Porch
  • Patio
  • Granite Countertops
  • 2 Car Attached Garage
  • Living Room

About This Home

As of July 2023

Like new in the popular and growing southeast Urbana South Ridge Subdivision! A 2021 build that has been lightly lived in and well cared for. The 3 bedroom, 2 bathroom home features a split floor plan with the master bedroom conveniently located near the nice sized laundry room. Master bath includes a double sink vanity, custom tiled walk-in shower, and walk-in closet. The other two bedrooms share an additional full bathroom on the other side of the house. The open kitchen features custom trim work and granite countertops. Easily maintainable backyard with a covered porch.

Last Agent to Sell the Property

Creg McDonald

Realty Select One License #471008296 Listed on: 04/14/2023

Co-Listed By

Taylor Cumbow

Realty Select One License #475167121

Last Buyer's Agent

Natalie Nielsen

Pathway Realty, PLLC License #471021839

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,062

Year Built

  • Built in 2021

Lot Details

  • Lot Dimensions are 80 x 72
  • Paved or Partially Paved Lot

HOA Fees

  • $10 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Brick Foundation
  • Asphalt Roof
  • Aluminum Siding

Interior Spaces

  • 1,368 Sq Ft Home
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Bathroom on Main Level
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,062

Year Built

Built in 2021

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
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 2021
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 625B THE COTTAGES AT SOUTH RIDGE 1
  • ResoPropertyType: Residential
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Full Bath, Granite Counters
  • LivingArea: 1368
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1368
  • Assessed Sq Ft: 0
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1368
  • Basement Sq Ft: 0
  • Total Sq Ft: 1368
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1368
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio, Porch
  • Foundation Details: Brick/Mortar
  • List Price: 265000
  • OtherStructures: None
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks, Street Paved
  • Master Association Fee: Yes
  • Master Association Fee Frequency: Yearly
  • Master Association Fee: 120

Fee Information

  • Association Fee Includes: None

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

  • Additional Parcels: No
  • Lot Dimensions: 80 X 72
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 21.24
  • Tax Year: 2021
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2021
Closed on
Jan 12, 2022
Sold by
Chicago Title Land Trust Company
Bought by
Taylor Construction & Design Llc
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Creg McDonald
Realty Select One
List Price
$239,900
Sold Price
$239,900
Current Estimated Value
$299,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$60,053
Avg. Annual Appreciation
6.04%
Original Mortgage
$183,600
Outstanding Balance
$170,077
Interest Rate
3.05%
Mortgage Type
Construction
Estimated Equity
$126,861

Purchase Details

Listed on
Sep 14, 2021
Closed on
Dec 21, 2021
Sold by
Taylor Construction And Design Llc
Bought by
Abeywardena Nimal and Abeywardena Nilanthi
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Creg McDonald
Realty Select One
List Price
$239,900
Sold Price
$239,900

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
Outstanding Balance
$170,077
Interest Rate
3.05%
Mortgage Type
Construction
Estimated Equity
$126,861
Source: Public Records

Range of Values:

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Average Value
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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
Taylor Construction & Design Llc $26,000 Chicago Title Land Trust Co
Abeywardena Nimal $240,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taylor Construction & Design Llc $183,600
Closed Abeywardena Nimal $191,920
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2023 07/05/23 Sold $265,000 0.0% $194 / Sq Ft
04/25/2023 04/25/23 Pending -- -- --
04/24/2023 04/24/23 Price Changed $265,000 -3.6% $194 / Sq Ft
04/14/2023 04/14/23 For Sale $275,000 +14.6% $201 / Sq Ft
12/21/2021 12/21/21 Sold $239,900 0.0% $171 / Sq Ft
09/20/2021 09/20/21 Pending -- -- --
09/14/2021 09/14/21 For Sale $239,900 -- $171 / 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 $1,062 $88,580 $11,900 $76,680
2023 $1,062 $80,820 $10,860 $69,960
2022 $2,695 $24,810 $10,000 $14,810
2021 $21 $100 $100 $0
2020 $16 $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: 11755658

Midwest Real Estate Data (MRED)

APN: 93-21-28-426-023