Seller's Agent in 2024
Mark Panno
KELLER WILLIAMS-TREC
(815) 674-5598
20 in this area
281 Total Sales
3506 Melissa Ln Urbana, IL 61802
Southeast Urbana NeighborhoodEstimated Value: $302,000 - $353,494
3
Beds
2
Baths
1,614
Sq Ft
$205/Sq Ft
Est. Value
Highlights
- New Construction
- Full Attic
- Porch
- Ranch Style House
- Home Office
- 2 Car Attached Garage
About This Home
As of March 2024New Construction home in South Ridge IX. Brand new phase of popular Urbana neighborhood close to Carle on Windsor, UIUC campus and shopping centers. Huge property tax savings in first 5 years through the THINK Urbana program. Spacious 3 bedroom floor plan with bonus office room or large laundry room. Open concept kitchen, living room and dining room featuring a tray ceiling in the living room and fireplace. The bedrooms are split with a master bedroom en suite on one side of the home and 2nd and 3rd bedroom and full bathroom on the other side of the home. Attached 2 car garage and many closets throughout the house. The laundry room can be converted to an office room or flex room. The kitchen features a pantry closet, island and quality materials including Fabuwood cabintry, granite counter tops and a tiled backsplash. Construction is beginning soon with many lot options available and multiple floor plans to choose from. Photos are from recent build with same floor plan.
Last Agent to Sell the Property
KELLER WILLIAMS-TREC Brokerage Phone: (217) 356-6100 License #475164947 Listed on: 08/16/2023
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $11
Year Built
- Built in 2023 | New Construction
Lot Details
- 9,148 Sq Ft Lot
- Lot Dimensions are 84x113
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
- 1,614 Sq Ft Home
- Family Room with Fireplace
- Combination Kitchen and Dining Room
- Home Office
- Crawl Space
- Full Attic
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Patio
- Porch
Schools
- Urbana Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 200+ Amp Service
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 16, 2023
Closed on
Mar 8, 2024
Sold by
Taylor Const & Design Llc
Bought by
Kalia Saurabh and Kumari Manisha
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Scott Bechtel
KELLER WILLIAMS-TREC
List Price
$322,300
Sold Price
$322,300
Views
69
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
$9,074
Avg. Annual Appreciation
3.05%
Original Mortgage
$290,070
Outstanding Balance
$286,003
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$50,355
Purchase Details
Closed on
Sep 27, 2023
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
$315,000
Interest Rate
7.18%
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 |
|---|---|---|---|
| Kalia Saurabh | $322,500 | 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 | Kalia Saurabh | $290,070 | |
| Previous Owner | Taylor Construction & Design Llc | $315,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2024 03/25/24 | Sold | $322,300 | 0.0% | $200 / Sq Ft |
| 02/21/2024 02/21/24 | Pending | -- | -- | -- |
| 08/16/2023 08/16/23 | For Sale | $322,300 | -- | $200 / 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 | $65,680 | $16,980 | $48,700 |
| 2023 | $11 | $110 | $110 | -- |
Source: Public Records
Agents Affiliated with this Home
-
Mark Panno
-
Scott Bechtel
Buyer's Agent in 2024
Scott Bechtel
KELLER WILLIAMS-TREC
(217) 239-7202
13 in this area
274 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11859329
APN: 93-21-28-404-018
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