NOT LISTED FOR SALE

403 W Columbia Ave Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated Value: $220,000 - $239,355

4 Beds
4 Baths
1,342 Sq Ft
$171/Sq Ft Est. Value

Last Sold October 18, 2018

Last sale price $187,500 $140 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $1,413/month

24 Days on Market

Highlights

  • Farmhouse Style Home
  • Tennis Courts
  • Paved or Partially Paved Lot
  • Central High School Rated A
  • Porch

About This Home

As of October 2018

Cash earning investment property. Earn immediate income with this fully leased 4 unit home in the popular downtown district of Champaign! Near Westside Park & Downtown Champaign. Tenants pay own electric and a monthly premium above rent on the house account utilities. Coin operated washer & dryer bring additional revenue.

Last Agent to Sell the Property

Jeffery Barkstall

Heartland Real Estate of Central Illinois, Inc License #475128819 Listed on: 08/31/2018

Last Buyer's Agent

Lisa Rector

KELLER WILLIAMS-TREC License #475146101

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,132

Lot Details

  • Lot Dimensions are 66x132
  • Paved or Partially Paved Lot

Parking

  • Parking Included in Price

Home Design

  • Farmhouse Style Home
  • Brick Foundation
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 4 Bathrooms
  • No Tub in Bathroom

Schools

  • Unit 4 School Of Choice Elementa Elementary School
  • Champaign Junior/Middle Call Uni
  • Central High School

Utilities

  • Heating System Uses Natural Gas
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

Overview

  • 4 Units

Recreation

  • Tennis Courts

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,132

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Farmhouse
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 2 BLOCK 4 HULINGS ADDITION OF TOWN LOTS.
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 4
  • Total Bedrooms: 4
  • Other Equipment: TV-Cable, CO Detectors
  • Basement Description: Unfinished
  • Bathroom Amenities: No Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 4
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Fireplace-Artificial
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Disposal,Window Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Microwave,Window Air Conditioner
  • AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner
  • Room: 4

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Brick/Mortar
  • List Price: 200000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Tennis Courts, Sidewalks, Street Lights, Street Paved

Schools

  • Elementary School: UNIT 4 SCHOOL OF CHOICE ELEMENTA
  • High School: CENTRAL HIGH SCHOOL
  • Middle/Junior School: CHAMPAIGN JUNIOR/MIDDLE CALL UNI
  • Middle/Junior School District: 4

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 66X132
  • Zoning: OTHER
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes
  • TenantPays: Electric

Tax Info

  • Tax Annual Amount: 2131.6
  • Tax Year: 2017

Multi Family

  • Units in Building: 4
  • Three Bedroom Number of Units: No
  • Type-Multi: 4 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2023
Sold by
Judy Group Llc
Bought by
403 W Columbia Llc
Current Estimated Value
$229,118

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Outstanding Balance
$160,193
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$68,925

Purchase Details

Listed on
Aug 31, 2018
Closed on
Oct 12, 2018
Sold by
Johnson Eric Orace
Bought by
The Judy Group Llc
Seller's Agent
Jeffery Barkstall
Heartland Real Estate of Central Illinois, Inc
Buyer's Agent
Lisa Rector
KELLER WILLIAMS-TREC
List Price
$200,000
Sold Price
$187,500
Premium/Discount to List
-$12,500
-6.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.92%
Original Mortgage
$150,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
403 W Columbia Llc $205,000 None Listed On Document
The Judy Group Llc $187,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 403 W Columbia Llc $164,000
Previous Owner The Judy Group Llc $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2018 10/18/18 Sold $187,500 -6.3% $140 / Sq Ft
09/24/2018 09/24/18 Pending -- -- --
08/31/2018 08/31/18 For Sale $200,000 -- $149 / 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 $2,379 $28,960 $5,300 $23,660
2023 $2,379 $26,380 $4,830 $21,550
2022 $2,238 $24,340 $4,460 $19,880
2021 $2,184 $23,860 $4,370 $19,490
2020 $2,244 $24,470 $4,480 $19,990
2019 $2,172 $23,970 $4,390 $19,580
2018 $2,123 $23,590 $4,320 $19,270
2017 $2,132 $23,590 $4,320 $19,270
2016 $1,911 $23,100 $4,230 $18,870
2015 $1,925 $22,690 $4,150 $18,540
2014 $1,909 $22,690 $4,150 $18,540
2013 $1,892 $22,690 $4,150 $18,540
Source: Public Records

Agents Affiliated with this Home

  • Jeffery Barkstall

    Seller's Agent in 2018

    Jeffery Barkstall

    Heartland Real Estate of Central Illinois, Inc

    (217) 637-0374

    53 Total Sales

    Jeffery Barkstall
    Section Image
  • Lisa Rector

    Buyer's Agent in 2018

    Lisa Rector

    KELLER WILLIAMS-TREC

    (217) 778-3635

    10 in this area

    380 Total Sales

    Lisa Rector
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10069263

Midwest Real Estate Data (MRED)

APN: 42-20-12-186-006

Illinois Champaign County Champaign 61820 Downtown Champaign

403 W Columbia Ave, Champaign, IL

This home is located at 403 W Columbia Ave, Champaign, IL 61820 since 31 August 2018 and is currently estimated at $229,118, approximately $170 per square foot. 403 W Columbia Ave is a home located in Champaign County with nearby schools including Central High School, Franklin STEAM Academy, and Holy Cross Elementary School.

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.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.

The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked.
Notices must be sent in writing by email to DMCAnotice@MLSGrid.com.
The DMCA requires that your notice of alleged copyright infringement include the following information:
(1) description of the copyrighted work that is the subject of claimed infringement;
(2) description of the alleged infringing content and information sufficient to permit us to locate the content;
(3) contact information for you, including your address, telephone number and email address;
(4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law;
(5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and
(6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

Nearby Homes