$81,000
SOLD APR 23, 2014
6 Beds
-- Bath
1,064 Sq Ft
8,712 Sq Ft Lot

Recently Sold

$76 Per Sq Ft

10% Below List Price

41 Days on Market

Highlights

  • Newly Remodeled
  • Colonial Architecture
  • Porch
  • Central High School Rated A
  • Deck
  • Forced Air Heating System

About This Home

As of May 2019

If Cashflow is king than this investment property is your kingdom. This 3 unit converted home sits just blocks from the University of Illinois Campus, downtown Champaign and Carle Hospital. Great rental location! The house sits on a large lot with 2 car detached garage and a nice deck in the back. Upstairs 1 bedroom units previously rented for $350 and $400. The first floor unit has 4 bedrooms and was rented by the room for $190, $240, $240 and $260 (bedroom with attached bath) Total rents of $1,630. It is currently vacant allowing for your own tenant selection. Roof updated in 2007 with complete tear off . Electric metered separately with 3 panels.

Last Agent to Sell the Property

Ginger Campbell

KELLER WILLIAMS-TREC License #471017533 Listed on: 02/14/2014

KELLER WILLIAMS-TREC

Last Buyer's Agent

Nate Evans

eXp Realty-Mahomet License #475124281

eXp Realty-Mahomet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,320

Year Built

  • Built in 1904 | Newly Remodeled

Home Design

  • Colonial Architecture
  • Aluminum Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms

Outdoor Features

  • Deck
  • Porch

Schools

  • Soc Elementary School
  • Call Unt 4 351-3701 Middle School
  • Central High School

Utilities

  • Forced Air Heating System
  • Cable TV Available

Additional Features

  • Basement Fills Entire Space Under The House
  • Lot Dimensions are 66 x 132

Community Details

  • Master In Chancery Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,320

Year Built

Built in 1904 | Newly Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • ArchitecturalStyle: Colonial
  • New Construction: Yes
  • Subdivision Name: Master In Chancery
  • Year Built: 1904
  • Age: 100+ Years,NEW Ready for Occupancy
  • Legal Description: LOT 3 A REPLACE A MASTER IN CHANCERY SUB
  • ResoPropertyType: ResidentialIncome
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bedrooms: 6
  • Other Equipment: TV-Cable
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Existing Basement/Foundation: Yes
  • MRD_AppliancesAndFeatures: Stove,Range Hood,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Range Hood,Refrigerator
  • MRD_AppliancesAndFeatures: Stove,Range Hood,Refrigerator
  • AppliancesAndFeatures: Stove,Range Hood,Refrigerator

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • List Price: 90000
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Forced Air
  • Water Source: Public

Schools

  • Elementary School: SOC
  • High School: CENTRAL
  • Middle/Junior School: CALL UNT 4 351-3701

Lot Info

  • Lot Dimensions: 66 X 132

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 1320
  • Tax Year: 2012

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
$130,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$67,916
Avg. Annual Appreciation
12.19%

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
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 Type Sale Price Title Company
Warranty Deed $62,500 Attorney
Quit Claim Deed -- Attorney
Warranty Deed $90,000 Allied Title Services
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $65,300 New Conventional
Previous Owner $80,640 Fannie Mae Freddie Mac
Closed $4,000 No Value Available
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: 09425919

Midwest Real Estate Data (MRED)

APN: 46-21-07-326-009