NOT LISTED FOR SALE

Estimated Value: $209,844

3 Beds
3 Baths
-- Sq Ft
6,098 Sq Ft Lot

Last Sold May 07, 2018

Last sale price $135,500

Est. 55% increase in value since last sale

Current estimated payment $1,632/month

275 Days on Market

Highlights

  • Deck
  • Ranch Style House
  • 2 Car Detached Garage
  • Central High School Rated A
  • Corner Lot
  • Patio

About This Home

As of May 2018

Well maintained duplex in an excellent location. There is a full basement with access in the 2 bedroom unit. The basement is host a laundry area and 1/4 bath, utility sink and ample storage.The owner occupies the second unit and will vacate upon closing. The tenant that occupies the unit facing Springfield Avenue is a long term tenant and wishes to remain. Rent for the tenant side is $700/month with an incentive of $650/month rental rate if paid by the 4th of the month. To clarify utilities, the owner occupied unit pays the water and sewer bill and then the tenant in the larger unit is billed for half. The heating system in the larger unit is natural gas/forced air heat and the owner occupied unit is electric baseboard.

Last Listed By

Bill Craig

RE/MAX REALTY ASSOCIATES-CHA License #471000857 Listed on: 06/21/2017

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,321

Year Built

  • Built in 1947

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 115.25x54
  • Corner Lot
  • Paved or Partially Paved Lot

Parking

  • 2 Car Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Duplex
  • Ranch Style House
  • Brick Exterior Construction
  • Asphalt Roof
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 3 Bathrooms

Unfinished Basement

  • Partial Basement

Outdoor Features

  • Deck
  • Patio

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Baseboard Heating

Community Details

  • 2 Units
  • Gross Income $7,800

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,321

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Year Built: 1947
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 5 WESTMORELAND ADD
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 1
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Window Air Conditioner,Fireplace-Wood,Range Hood,Hardwood Floors
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Microwave,Disposal,Window Air Conditioner,Garage/Space,Range Hood,Hardwood Floors

Exterior Features

  • ExteriorFeatures: Deck, Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 144900
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Electric, Forced Air, Baseboard
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Schools

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

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 115.25X54
  • Zoning: SINGL
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Multi Family

  • GrossIncome: 7800
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 3320.74
  • Tax Year: 2017
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2017
Closed on
May 7, 2018
Sold by
Pearson Henry L
Bought by
Camacho Jaime A
Seller's Agent
Bill Craig
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Bradley Coats
RE/MAX Choice
List Price
$150,000
Sold Price
$135,500
Premium/Discount to List
-$14,500
-9.67%
Total Days on Market
275
Current Estimated Value
$209,844

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,344
Avg. Annual Appreciation
6.59%
Original Mortgage
$101,625
Outstanding Balance
$88,509
Interest Rate
4.44%
Mortgage Type
New Conventional
Estimated Equity
$123,796

Purchase Details

Closed on
May 26, 2006
Sold by
Conway John J and Schiro Geist Chrisann
Bought by
Pearson Henry L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Range of Values:

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Average Value
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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
Camacho Jaime A $135,500 Attorney
Pearson Henry L $135,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Camacho Jaime A $101,625
Previous Owner Pearson Henry L $108,000
Previous Owner Pearson Henry L $27,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/07/2018 05/07/18 Sold $135,500 -6.5% --
03/23/2018 03/23/18 Pending -- -- --
02/09/2018 02/09/18 Price Changed $144,900 -3.4% --
06/21/2017 06/21/17 For Sale $150,000 -- --
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 $5,551 $67,590 $10,880 $56,710
2023 $5,551 $61,560 $9,910 $51,650
2022 $5,222 $56,790 $9,140 $47,650
2021 $5,097 $55,680 $8,960 $46,720
2020 $4,909 $53,540 $8,620 $44,920
2019 $4,751 $52,440 $8,440 $44,000
2018 $3,307 $51,620 $8,310 $43,310
2017 $3,321 $49,630 $7,990 $41,640
2016 $3,040 $48,610 $7,830 $40,780
2015 $3,118 $47,750 $7,690 $40,060
2014 $3,092 $47,750 $7,690 $40,060
2013 $3,481 $47,750 $7,690 $40,060
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 09667165

Midwest Real Estate Data (MRED)

APN: 43-20-14-202-001