3411 Memory Ln Urbana, IL 61802
3
Beds
2
Baths
1,510
Sq Ft
0.26
Acres
Highlights
- New Construction
- Porch
- Built-In Features
- Vaulted Ceiling
- 2 Car Attached Garage
- Walk-In Closet
About This Home
As of August 2023Under construction in Urbana's South Ridge neighborhood! Highly desirable floor plan and price point - do not let this one get away! Qualifies for THINK Urbana property tax savings - over $20,000 in property tax savings in the first 5 years of ownership! 3 Bedrooms, 2 full bathrooms and an open concept living room, kitchen and dining room. Off of the 2 car garage is a mudroom with a dedicated laundry room. The master bedroom features a walk-in closet and en suite bathroom with a standup tiled shower and a double vanity sink. The kitchen is equipped with an island and granite countertops. Throughout the living spaces is resilient laminate flooring and the bedrooms feature carpet. 9 foot ceilings and large ceiling vault in the living room, dining room and kitchen. Estimated completion is August 2021. Photos of similar homes - not exact finishes.
Last Agent to Sell the Property
KELLER WILLIAMS-TREC License #475164947 Listed on: 04/29/2021
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,806
Year Built
- Built in 2021 | New Construction
Lot Details
- 0.26 Acre Lot
- Lot Dimensions are 80x145
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
- Laminate Flooring
- Laundry on main level
Kitchen
- Range
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- Walk-In Closet
- 2 Full Bathrooms
- Dual Sinks
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
$33,427
Avg. Annual Appreciation
4.35%
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $285,000 | None Listed On Document | |
| Special Warranty Deed | $247,000 | Attorney | |
| Deed | $48,000 | Chicago Title Land Trust Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $142,500 | New Conventional | |
| Previous Owner | $187,442 | Future Advance Clause Open End Mortgage |
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
-
Seller's Agent in 2023
Mark Panno
KELLER WILLIAMS-TREC
(815) 674-5598
279 Total Sales
-
L
Buyer's Agent in 2023
Lumen Loves
KELLER WILLIAMS-TREC
(217) 649-8999
55 Total Sales
-
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: 11070023
APN: 93-21-28-426-009
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