3411 Memory Ln Urbana, IL 61802
Estimated Value: $305,000 - $318,000
3
Beds
2
Baths
1,510
Sq Ft
$206/Sq Ft
Est. Value
Highlights
- Vaulted Ceiling
- 2 Car Attached Garage
- Walk-In Closet
- Porch
- Built-In Features
- Living Room
About This Home
As of August 2023Nearly new 3 bedroom 2 bathroom home with HUGE oversized lot in South Ridge neighborhood! THINK Urbana property tax discounts transfer to the new owner with still a few years left. The property has been meticulously maintained with laminate flooring throughout and granite counters in the kitchen. The kitchen is fully applianced and features high quality cabinetry with soft close doors and drawers. The bedrooms are setup with split floor plan. The master bedroom features a walk in closet and bathroom with walk-in tiled shower and dual sink vanity. The other side of the home features two bedrooms and a full bathroom. The property has been improved with solar panels on the roof!
Last Agent to Sell the Property
KELLER WILLIAMS-TREC License #475164947 Listed on: 07/06/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,541
Year Built
- Built in 2021
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 80x145
HOA Fees
- $6 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
- Parking Space is Owned
Home Design
- Block Foundation
- Asphalt Roof
Interior Spaces
- 1,510 Sq Ft Home
- 1-Story Property
- Built-In Features
- Vaulted Ceiling
- Family Room
- Living Room
- Dining Room
- Laminate Flooring
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
Laundry
- Laundry Room
- Laundry on main level
Outdoor Features
- Porch
Schools
- Thomas Paine Elementary School
- Urbana 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
Jul 6, 2023
Closed on
Aug 8, 2023
Sold by
Sripen Somsong
Bought by
Wang Xuan
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Lumen Loves
KELLER WILLIAMS-TREC
List Price
$284,900
Sold Price
$284,900
Views
20
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
$26,618
Avg. Annual Appreciation
4.61%
Original Mortgage
$142,500
Outstanding Balance
$132,220
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$177,733
Purchase Details
Listed on
Apr 29, 2021
Closed on
Aug 27, 2021
Sold by
Taylor Construction And Design Llc
Bought by
Thoranin Kris and Sripen Somsong
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Tira Rakvit
Charles Rutenberg Realty
Sold Price
$246,700
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Purchase Details
Closed on
May 6, 2021
Sold by
Chicago Title Land Trust Company
Bought by
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
$187,442
Interest Rate
2.96%
Mortgage Type
Future Advance Clause Open End Mortgage
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 |
|---|---|---|---|
| Wang Xuan | $285,000 | None Listed On Document | |
| Thoranin Kris | $247,000 | Attorney | |
| Design Llc | $48,000 | Chicago Title Land Trust Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Xuan | $142,500 | |
| Previous Owner | Design Llc | $187,442 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/08/2023 08/08/23 | Sold | $284,900 | 0.0% | $189 / Sq Ft |
| 07/07/2023 07/07/23 | Pending | -- | -- | -- |
| 07/06/2023 07/06/23 | For Sale | $284,900 | +15.5% | $189 / Sq Ft |
| 08/23/2021 08/23/21 | Sold | $246,700 | 0.0% | $163 / Sq Ft |
| 05/10/2021 05/10/21 | For Sale | -- | -- | -- |
| 05/07/2021 05/07/21 | Pending | -- | -- | -- |
| 04/29/2021 04/29/21 | For Sale | $246,700 | -- | $163 / 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 | $1,806 | $97,910 | $17,630 | $80,280 |
| 2023 | $1,806 | $89,340 | $16,090 | $73,250 |
| 2022 | $1,488 | $82,270 | $14,820 | $67,450 |
| 2021 | $22 | $100 | $100 | $0 |
| 2020 | $22 | $100 | $100 | $0 |
| 2019 | $20 | $100 | $100 | $0 |
| 2018 | $20 | $100 | $100 | $0 |
| 2017 | $20 | $100 | $100 | $0 |
| 2016 | $20 | $100 | $100 | $0 |
| 2015 | $20 | $100 | $100 | $0 |
| 2014 | $20 | $100 | $100 | $0 |
| 2013 | $10 | $100 | $100 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Panno
Seller's Agent in 2023
Mark Panno
KELLER WILLIAMS-TREC
(815) 674-5598
275 Total Sales
-
Lumen Loves
L
Buyer's Agent in 2023
Lumen Loves
KELLER WILLIAMS-TREC
(217) 649-8999
57 Total Sales
-
Tira Rakvit
Buyer's Agent in 2021
Tira Rakvit
Charles Rutenberg Realty
(773) 969-3444
13 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11815876
APN: 93-21-28-426-009
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