NOT LISTED FOR SALE

401 N Broadway Ave Urbana, IL 61801

Estimated Value: $1,244,030

2 Beds
1 Bath
825 Sq Ft
0.9 Acres

Last Sold September 25, 2013

Last sale price $19,000 $23 Per Sq Ft

Est. 6,448% increase in value since last sale

Current estimated payment $8,239/month

38 Days on Market

About This Home

As of September 2013

THIS IS A FANNIE MAE HOMEPATH PROPERTY. PURCHASE THIS PROPERTY FOR AS LITTLE AS 3% DOWN! THIS PROPERTY IS APPROVED FOR HOMEPATH RENOVATION MORTGAGE FINANCING. DURING THE FIRST 15 DAYS, ONLY OFFERS FROM OWNER OCCUPANTS OR PUBLIC ENTITIES (AND THEIR DESIGNATED PARTNERS) WILL BE CONSIDERED. ANOTHER GREAT OPPORTUNITY IN THIS CONDO DEVELOPMENT. CERAMIC TILE WALLS AND FLOORS IN KITCHEN.

Last Agent to Sell the Property

Andrea Poling

LANDMARK REAL ESTATE License #471000947 Listed on: 08/09/2013

Last Buyer's Agent

Chris Saunders

Green Street Realty License #471004951

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,724

Lot Details

  • 0.9

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Vinyl Siding

Additional Features

  • Main Floor Bedroom
  • Forced Air Heating and Cooling System

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,724

Lot Details

0

Listing Details

  • Property Type: Attached Single
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 825
  • Type Detached: 1 Story
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Interior Property Features: 1st Floor Bedroom
  • Living Room: Dimensions: 19.6X, On Level: Main Level, Flooring: Wood Laminate
  • Basement: Slab
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 8.6X8, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 8X11, On Level: Main Level, Flooring: Wood Laminate
  • Master Bedroom: Dimensions: 9.6X1, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 10.9X, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 825
  • Estimated Total Finished Sq Ft: 825
  • Main Level Sq Ft: 825
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick, Vinyl Siding

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Electric, Forced Air

Schools

  • Elementary School: WILEY
  • Middle School: UMS
  • High School: UHS

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 912108257087

Tax Info

  • Taxes: 689

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 30, 2024
Sold by
Broadway Market Llc
Bought by
Smith Hospitality Group Llc
Current Estimated Value
$1,244,030

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,024
Outstanding Balance
$586,629
Interest Rate
6.78%
Mortgage Type
Construction
Estimated Equity
$657,401

Purchase Details

Closed on
Mar 18, 2016
Sold by
Busey Trust Co
Bought by
Broadway Market Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.68%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 29, 2014
Sold by
Green Thumb Holdings
Bought by
Busey Trust Co
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Smith Hospitality Group Llc $1,150,000 None Listed On Document
Broadway Market Llc $270,000 Attorney
Busey Trust Co -- Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Hospitality Group Llc $616,024
Previous Owner Broadway Market Llc $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2013 09/25/13 Sold $19,000 -4.8% $23 / Sq Ft
09/16/2013 09/16/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $19,950 -- $24 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History Compared to Growth

Source: Public Records

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 $19,724 $203,230 $130,380 $72,850
2023 $19,724 $185,430 $118,960 $66,470
2022 $18,482 $170,750 $109,540 $61,210
2021 $17,179 $159,140 $102,090 $57,050
2020 $16,620 $154,510 $99,120 $55,390
2019 $14,951 $143,070 $91,780 $51,290
2018 $12,508 $121,070 $77,670 $43,400
2017 $11,932 $111,640 $71,620 $40,020
2016 $12,400 $116,660 $71,620 $45,040
2015 $12,537 $116,660 $71,620 $45,040
2014 $15,903 $150,010 $71,620 $78,390
2013 $15,694 $150,010 $71,620 $78,390
Source: Public Records

Agents Affiliated with this Home

  • Andrea Poling

    Seller's Agent in 2013

    Andrea Poling

    LANDMARK REAL ESTATE

    (217) 202-8847

    163 Total Sales

    Andrea Poling
    Section Image
  • Chris Saunders

    Buyer's Agent in 2013

    Chris Saunders

    Green Street Realty

    (217) 621-2895

    Chris Saunders
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09466329

Midwest Real Estate Data (MRED)

APN: 91-21-08-455-017

Illinois Champaign County Urbana 61801

401 N Broadway Ave, Urbana, IL

This home is located at 401 N Broadway Ave, Urbana, IL 61801 since 09 August 2013 and is currently estimated at $1,244,030, approximately $1,507 per square foot. 401 N Broadway Ave is a home located in Champaign County with nearby schools including Wiley Elementary School, Urbana Middle School, and Urbana High School.

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