Seller's Agent in 2021
Mark Panno
KELLER WILLIAMS-TREC
(815) 674-5598
6 in this area
277 Total Sales
404 E Elm St Urbana, IL 61802
Historic East Urbana NeighborhoodEstimated Value: $196,000 - $225,936
5
Beds
4
Baths
1,065
Sq Ft
$201/Sq Ft
Est. Value
Highlights
- Porch
- Property is near a bus stop
- 3-minute walk to Art in the Park
- Patio
- Forced Air Heating System
About This Home
As of April 2021Excellent opportunity for an investor or owner to live in one unit and rent out the other. Currently setup as a 4 bedroom 3 full bathroom single family home and detached 1 bedroom 1 full bathroom single family home. Rents are strong and property has been well maintained with recent improvements. The 2 car garage has been converted into a great one bedroom apartment with living room, kitchen & full bath. It's currently generating $670/month. The house is rented for $1875 total with gross rents for the property at $2545. Loads of room to roam in the 4 bedroom home which features a terrific enclosed front porch, eat-in kitchen with a large walk-in pantry & wood floors in the living room, dining room & one bedroom. The basement hosts plenty of storage, bathroom with a shower & large finished area that would make a great recreation room or possibility to add another bedroom A sump pump has been added to the basement! The upper level has a full bath & is currently accessible from the outside. The staircase to the main floor of the house has been opened up to the upstairs level. New owner could de-convert upstairs back to 1 bedroom apartment and make 3 total units. Close to Carle, U of I and bus lines.
Last Agent to Sell the Property
KELLER WILLIAMS-TREC License #475164947 Listed on: 03/10/2021
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $3,521
Lot Details
- 6,447
Home Design
- Asphalt Shingled Roof
- Aluminum Siding
Parking
- Parking Available
- Parking Space is Owned
Outdoor Features
- Patio
- Porch
Utilities
- Forced Air Heating System
- Heating System Uses Gas
Additional Features
- Basement Fills Entire Space Under The House
- Property is near a bus stop
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2021
Closed on
Apr 1, 2021
Sold by
Tisha Alif Laila
Bought by
Swing Matthew
Seller's Agent
Mark Panno
KELLER WILLIAMS-TREC
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
List Price
$139,900
Sold Price
$165,000
Premium/Discount to List
$25,100
17.94%
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
$48,645
Avg. Annual Appreciation
5.95%
Purchase Details
Closed on
Jul 23, 2012
Sold by
Boyce Linda Mae and Kelley Helen Carolyn
Bought by
Rainey Michael T and Rainey Linda K
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 |
|---|---|---|---|
| Swing Matthew | $165,000 | First American | |
| Rainey Michael T | $95,000 | None Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2021 04/09/21 | Sold | $165,000 | +17.9% | $155 / Sq Ft |
| 03/24/2021 03/24/21 | Pending | -- | -- | -- |
| 03/10/2021 03/10/21 | For Sale | $139,900 | +48.4% | $131 / Sq Ft |
| 02/16/2016 02/16/16 | Sold | $94,250 | -18.0% | $36 / Sq Ft |
| 02/02/2016 02/02/16 | Pending | -- | -- | -- |
| 10/15/2015 10/15/15 | For Sale | $114,900 | -- | $44 / 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 | $3,521 | $42,860 | $12,180 | $30,680 |
| 2023 | $3,521 | $39,100 | $11,110 | $27,990 |
| 2022 | $3,247 | $36,000 | $10,230 | $25,770 |
| 2021 | $2,974 | $33,550 | $9,530 | $24,020 |
| 2020 | $2,723 | $31,310 | $8,890 | $22,420 |
| 2019 | $2,645 | $31,310 | $8,890 | $22,420 |
| 2018 | $2,638 | $31,530 | $8,950 | $22,580 |
| 2017 | $2,729 | $31,530 | $8,950 | $22,580 |
| 2016 | $2,714 | $31,530 | $8,950 | $22,580 |
| 2015 | $2,744 | $31,530 | $8,950 | $22,580 |
| 2014 | $2,706 | $31,530 | $8,950 | $22,580 |
| 2013 | $2,671 | $31,530 | $8,950 | $22,580 |
Source: Public Records
Agents Affiliated with this Home
-
Mark Panno
-
Nate Evans
Buyer's Agent in 2021
Nate Evans
eXp Realty-Mahomet
(217) 493-9297
21 in this area
1,801 Total Sales
-
Ryan Dallas
Seller's Agent in 2016
Ryan Dallas
RYAN DALLAS REAL ESTATE
(217) 712-3853
20 in this area
2,365 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD11013771
APN: 92-21-17-228-007
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