NOT LISTED FOR SALE

341 Gibbs Dr Unit 1 Rantoul, IL 61866

Estimated Value: $154,000 - $168,622

2 Beds
2 Baths
1,699 Sq Ft
$94/Sq Ft Est. Value

Last Sold March 14, 2025

Last sale price $150,000 $88 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $1,218/month

Highlights

  • Breakfast Room
  • Walk-In Closet
  • Laundry Room
  • 2 Car Attached Garage
  • Patio
  • Zero Lot Line

About This Home

As of March 2025

GLAMOROUS 1-OWNER CONDO ON GIBBS! Unique opportunity to reside in a well-established, beautifully HOA maintained subdivision in the Rantoul community. The ideal amount of space right at 1700SF made of 2BR, 2BA, LR, DR, Eat-in KIT, Laundry Room and a 2-car attached garage. A lovely Primary Suite with a very elegant WALK-IN SHOWER w/UPDATED FIXTURES, WALK-IN CLOSET and LARGE VANITY with HUGE MIRROR for your viewing pleasure! Walk into the shared LR/DR space and you can't help but think, WOW. The FEELING OF SPACE complimented by the CATHEDRAL CEILING stops you in your tracks. The spacious kitchen with WHITE APPLIANCES and OODLES of CABINETS and a PANTRY will not disappoint and the cathedral ceiling theme continues exuding feeling of space. Exit to back COVERED PATIO and very private open yard space behind and to the side of this condo is welcoming and freeing.

Last Agent to Sell the Property

Brenda Keith

Brenda Keith Realty INC License #471020707 Listed on: 02/06/2025

Last Buyer's Agent

Herman Fogal

REALTY 2000,INC License #475098977

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,689

Year Built

  • Built in 2006

Lot Details

  • 2,309

HOA Fees

  • $151 Monthly HOA Fees

Parking

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

Home Design

  • Duplex
  • Asphalt Roof

Interior Spaces

  • 1,699 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Combination Dining and Living Room
  • Breakfast Room

Kitchen

  • Range
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Schools

  • Rantoul City District Elementary School
  • J.W. Eater Junior High School
  • Rantoul High School

Utilities

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

Additional Features

  • Patio
  • Zero Lot Line

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care, snow removal, lake rights
  • 2 Units
  • Given Upon Request Association
  • Property managed by Given upon request

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,689

Year Built

Built in 2006

Lot Details

0

HOA Fees

$151 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo-Duplex
  • Ownership: Fee Simple w/ HO Assn.
  • New Construction: No
  • Property Sub-Type: Condo-Duplex
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Legal Description: LOT PT COMMONS 1 TWIN LAKES CONDO UNION 1-O AND 2-O
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), Laundry Hook-Up in Unit, Walk-In Closet(s)
  • LivingArea: 1699
  • Room Type: Breakfast Room
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1699
  • Basement Description: None
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1699
  • Flooring: Carpet
  • ResoLivingAreaSource: Estimated

Exterior Features

  • ExteriorFeatures: Patio
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 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

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 151
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Given upon request
  • Management Contact Name: Given upon request
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care, Snow Removal, Lake Rights, Other

Schools

  • Elementary School: Rantoul City District
  • High School: Rantoul High School
  • Middle/Junior School: J.W. Eater Junior High School

Lot Info

  • Lot Dimensions: 1455
  • Rural (Y/N): N
  • Special Assessments: Y
  • Zero Lot Line: Yes

Rental Info

  • Board Number: 22
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 2689
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior,Senior Freeze

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2025
Closed on
Mar 11, 2025
Sold by
Reynolds Kipp J and Reynolds Sandra Kay
Bought by
Fogal Herman J and Fogal Heide C
Seller's Agent
Brenda Keith
Brenda Keith Realty INC
Buyer's Agent
Herman Fogal
REALTY 2000,INC
List Price
$150,000
Sold Price
$150,000
Views
11
Current Estimated Value
$160,406

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,406
Avg. Annual Appreciation
8.98%
Original Mortgage
$100,000
Outstanding Balance
$97,996
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$62,410

Purchase Details

Closed on
Jan 3, 2020
Sold by
Reynolds Sandra Kay
Bought by
Reynolds Sandra Kay and Reynolds Kipp J

Purchase Details

Closed on
Apr 1, 2005
Sold by
Roeco Enterprises Inc
Bought by
Reynolds Sandra Kay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Fogal Herman J $150,000 None Listed On Document
Reynolds Sandra Kay -- Attorney
Reynolds Sandra Kay $130,000 Allied Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fogal Herman J $100,000
Previous Owner Reynolds Sandra Kay $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/14/2025 03/14/25 Sold $150,000 0.0% $88 / Sq Ft
02/06/2025 02/06/25 Pending -- -- --
02/06/2025 02/06/25 For Sale $150,000 -- $88 / 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 $2,689 $58,010 $6,100 $51,910
2023 $2,689 $51,750 $5,440 $46,310
2022 $2,821 $46,210 $4,860 $41,350
2021 $3,518 $43,150 $4,540 $38,610
2020 $3,225 $41,690 $4,390 $37,300
2019 $3,052 $40,050 $4,220 $35,830
2018 $3,171 $37,990 $4,000 $33,990
2017 $3,161 $37,030 $3,900 $33,130
2016 $3,100 $37,030 $3,900 $33,130
2015 $3,085 $37,030 $3,900 $33,130
2014 $3,035 $37,030 $3,900 $33,130
2013 $2,999 $37,440 $3,940 $33,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12281583

Midwest Real Estate Data (MRED)

APN: 14-03-35-452-036