Seller's Agent in 2024
Mark Panno
KELLER WILLIAMS-TREC
(815) 674-5598
10 in this area
279 Total Sales
3501 Melissa Ln Urbana, IL 61802
East Urbana NeighborhoodEstimated Value: $310,000 - $387,000
3
Beds
2.5
Baths
1,762
Sq Ft
$204/Sq Ft
Est. Value
Highlights
- New Construction
- Full Attic
- 3 Car Attached Garage
- Ranch Style House
- Porch
- 2-minute walk to Savannah Green
About This Home
As of May 2024New Construction home in South Ridge IX. Huge property tax savings in first 5 years through the THINK Urbana program. Attractive 3 bedroom 2.5 bathroom floor plan with open concept kitchen and living room, split master and secondary bedrooms, two full bathrooms, half bath, walk-in pantry, mudroom, and en suite bathroom in the master bedroom with walk in shower and large vanity. The open concept great room features a gas log fireplace, bay of windows and sliding glass door overlooking the yard. Large 3 car garage with plenty of room for your cars and storage. The backyard has a lot of space with over 75' from the back of the home to the back property line. Out the back of the home are beautiful views to the West overlooking a farm field. Quality construction and materials throughout the home with highly insulated 2x6 walls, encapsulated crawlspace, Owens Corning Duration roof shingles, and stunning black Marvin brand windows. The interior design features granite countertops, quality cabinetry throughout the home with soft close doors and drawers and laminate flooring. The walk in shower in the master bathroom has tiled walls and the kitchen has a tiled backsplash. The home is under construction with exterior siding on and interior finishes starting soon!
Last Agent to Sell the Property
KELLER WILLIAMS-TREC License #475164947 Listed on: 12/14/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11
Year Built
- Built in 2023 | New Construction
Lot Details
- 9,583 Sq Ft Lot
- Lot Dimensions are 75x130
HOA Fees
- $7 Monthly HOA Fees
Parking
- 3 Car Attached Garage
- Driveway
- Parking Space is Owned
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,762 Sq Ft Home
- Gas Log Fireplace
- Living Room with Fireplace
- Full Attic
- Carbon Monoxide Detectors
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
Basement
- Sump Pump
- Crawl Space
Outdoor Features
- Patio
- Porch
Schools
- Thomas Paine Elementary School
- Urbana Elementary Middle School
- Urbana High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 200+ Amp Service
- Gas Water Heater
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 14, 2023
Closed on
May 9, 2024
Sold by
Taylor Const & Design Llc
Bought by
Mccabe Richard J
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
John Frerichs
KELLER WILLIAMS-TREC
List Price
$359,900
Sold Price
$362,400
Premium/Discount to List
$2,500
0.69%
Views
45
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
-$1,197
Avg. Annual Appreciation
-0.75%
Original Mortgage
$271,800
Outstanding Balance
$269,188
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$89,812
Purchase Details
Closed on
Dec 20, 2023
Sold by
South Ridge Real Estate Llc
Bought by
Taylor Const & 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
$266,693
Interest Rate
7.29%
Mortgage Type
Construction
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 |
|---|---|---|---|
| Mccabe Richard J | $362,500 | None Listed On Document | |
| Taylor Const & Design Llc | $55,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Mccabe Richard J | $271,800 | |
| Previous Owner | Taylor Const & Design Llc | $266,693 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/10/2024 05/10/24 | Sold | $362,400 | 0.0% | $206 / Sq Ft |
| 03/28/2024 03/28/24 | Pending | -- | -- | -- |
| 03/05/2024 03/05/24 | Price Changed | $362,400 | +0.7% | $206 / Sq Ft |
| 12/14/2023 12/14/23 | For Sale | $359,900 | -- | $204 / 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 | $11 | $42,670 | $16,980 | $25,690 |
| 2023 | $11 | $110 | $110 | -- |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2024
John Frerichs
KELLER WILLIAMS-TREC
(217) 260-5033
3 in this area
165 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11947129
APN: 93-21-28-403-011
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