NOT LISTED FOR SALE

Estimated Value: $115,313 - $141,000

5 Beds
4 Baths
1,064 Sq Ft
$120/Sq Ft Est. Value

Last Sold May 13, 2019

Last sale price $62,500 $59 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $904/month

78 Days on Market

Highlights

  • New Construction
  • Colonial Architecture
  • Fenced Yard
  • Central High School Rated A
  • Deck

About This Home

As of May 2019

This is a 3 unit converted 2 story home with 6 bedrooms. Just a couple of blocks North of the 4th and University intersection. Large lot with a detached 2 car garage. 2 units upstairs were renting for $350 and $400. The 4 B/R units on the first floor were at $190,$240, $240, and $260. One tenant moves out Feb 1 and the last one moves on May 1. Owner letting the property go empty for anticipated remodel and upgrades. Needs some TLC. Roof replaced in 2007. Price for an investor to have room for upgrades.

Last Agent to Sell the Property

Dan Cothern

KELLER WILLIAMS-TREC License #475124751 Listed on: 01/10/2019

KELLER WILLIAMS-TREC

Last Buyer's Agent

Creg McDonald

Realty Select One License #471008296

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,067

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66 x 132
  • Fenced Yard

Parking

  • 2 Car Garage
  • Parking Included in Price

Home Design

  • New Construction
  • Colonial Architecture
  • Slab Foundation
  • Asphalt Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Deck

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

Community Details

  • 3 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,067

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: Yes
  • Age: NEW Proposed Construction
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 3 REPLAT A MASTER IN CHANCERY SUBDIVISION
  • New/Proposed Construction Options: Bsmnt/Lower Lvl Exterior Exit,Deck/Patio/Screened Porch,Zoned Heating/Cooling
  • ResoPropertyType: ResidentialIncome
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 4
  • Total Bedrooms: 5
  • Other Equipment: TV-Cable
  • Basement Description: Slab,None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck
  • Foundation Details: Concrete Perimeter
  • List Price: 79500
  • Lot Features: Fenced Yard
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: N/A
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Community Features: Sidewalks

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

  • Lot Size Acres: 0.2
  • Lot Dimensions: 66 X 132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Tax Info

  • Tax Annual Amount: 2067.42
  • Tax Year: 2017

Multi Family

  • Units in Building: 3
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2019
Closed on
May 13, 2019
Sold by
He Changyu
Bought by
Zhang David
Seller's Agent
Dan Cothern
KELLER WILLIAMS-TREC
Buyer's Agent
Creg McDonald
Realty Select One
List Price
$79,500
Sold Price
$62,500
Premium/Discount to List
-$17,000
-21.38%
Current Estimated Value
$127,828

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,328
Avg. Annual Appreciation
12.42%

Purchase Details

Closed on
May 9, 2018
Sold by
Jims Preoperties Llc
Bought by
He Changuy

Purchase Details

Closed on
Jul 15, 2005
Sold by
Brown Lynn and Brown Cisillia
Bought by
Han Huazhi and Wang Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,640
Interest Rate
5.68%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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
Zhang David $62,500 Attorney
He Changuy -- Attorney
Han Huazhi $90,000 Allied Title Services
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Han Huazhi $65,300
Previous Owner Han Huazhi $80,640
Closed Han Huazhi $4,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/13/2019 05/13/19 Sold $62,500 -21.4% $59 / Sq Ft
03/29/2019 03/29/19 Pending -- -- --
01/10/2019 01/10/19 For Sale $79,500 -1.9% $75 / Sq Ft
04/23/2014 04/23/14 Sold $81,000 -10.0% $76 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
02/14/2014 02/14/14 For Sale $90,000 -- $85 / 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 $2,306 $28,080 $2,570 $25,510
2023 $2,306 $25,570 $2,340 $23,230
2022 $2,169 $23,590 $2,160 $21,430
2021 $2,117 $23,130 $2,120 $21,010
2020 $2,175 $23,720 $2,170 $21,550
2019 $2,106 $23,240 $2,130 $21,110
2018 $2,059 $22,880 $2,100 $20,780
2017 $2,067 $22,880 $2,100 $20,780
2016 $1,854 $22,410 $2,060 $20,350
2015 $1,868 $22,010 $2,020 $19,990
2014 $1,347 $22,010 $2,020 $19,990
2013 $1,335 $22,010 $2,020 $19,990
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10169815

Midwest Real Estate Data (MRED)

APN: 46-21-07-326-009