Seller's Agent in 2024
Mark Panno
KELLER WILLIAMS-TREC
(815) 674-5598
77 in this area
291 Total Sales
3502 Melissa Ln Urbana, IL 61802
Southeast Urbana NeighborhoodEstimated Value: $163,000 - $366,604
3
Beds
2
Baths
1,813
Sq Ft
$163/Sq Ft
Est. Value
Highlights
- New Construction
- Full Attic
- Porch
- Ranch Style House
- Home Office
- 2 Car Attached Garage
About This Home
As of November 2024New Construction home in South Ridge IX. Huge property tax savings in first 5 years through the THINK Urbana program. Attractive 3 bedroom, 2 bathroom, office, and 3 car garage 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. Spacious backyard and concrete patio off of the back door. Quality construction and materials throughout the home with highly insulated 2x6 walls, encapsulated crawlspace, Owens Corning Duration roof shingles, and maintenance free siding. 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. Construction starting soon with late Summer finish!
Last Agent to Sell the Property
KELLER WILLIAMS-TREC Brokerage Phone: (217) 356-6100 License #475164947 Listed on: 05/03/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 2024 | New Construction
Lot Details
- 8,276 Sq Ft Lot
- Lot Dimensions are 75x113
HOA Fees
- $7 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Driveway
- Parking Space is Owned
Home Design
- Ranch Style House
- Block Foundation
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 1,813 Sq Ft Home
- Gas Log Fireplace
- Family Room
- Living Room with Fireplace
- Dining Room
- Home Office
- Vinyl Flooring
- Full Attic
- Carbon Monoxide Detectors
- Laundry Room
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
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
May 3, 2024
Closed on
Nov 6, 2024
Sold by
Taylor Construction & Design Llc
Bought by
Zhang Yan
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Kyle Koester
KELLER WILLIAMS-TREC-MONT
List Price
$369,900
Sold Price
$350,000
Premium/Discount to List
-$19,900
-5.38%
Views
21
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
-$54,849
Avg. Annual Appreciation
-11.09%
Original Mortgage
$87,500
Outstanding Balance
$74,673
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$220,478
Purchase Details
Closed on
Jul 16, 2024
Sold by
South Ridge Real Estate Llc
Bought by
Taylor Construction & 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
$272,498
Interest Rate
6.99%
Mortgage Type
Construction
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Yan | $350,000 | None Listed On Document | |
| Zhang Yan | $350,000 | None Listed On Document | |
| Taylor Construction & Design Llc | $52,500 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zhang Yan | $87,500 | |
| Closed | Zhang Yan | $87,500 | |
| Previous Owner | Taylor Construction & Design Llc | $272,498 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/07/2024 11/07/24 | Sold | $350,000 | -2.8% | $193 / Sq Ft |
| 08/13/2024 08/13/24 | Pending | -- | -- | -- |
| 07/28/2024 07/28/24 | Price Changed | $359,900 | -2.7% | $199 / Sq Ft |
| 05/03/2024 05/03/24 | For Sale | $369,900 | -- | $204 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $120 | $120 | -- |
| 2023 | $11 | $110 | $110 | -- |
Source: Public Records
Agents Affiliated with this Home
-
Mark Panno
-
Kyle Koester
Buyer's Agent in 2024
Kyle Koester
KELLER WILLIAMS-TREC-MONT
(217) 210-4944
5 in this area
690 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12040076
APN: 93-21-28-404-020
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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