NOT LISTED FOR SALE

405 E Michigan Ave Urbana, IL 61801

Fairlawn Park Neighborhood

Estimated Value: $248,000 - $303,000

4 Beds
2 Baths
2,060 Sq Ft
$132/Sq Ft Est. Value

Sale Details

Date Sold: November 19, 2020

Last sale price $206,000 $100 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $2,013 / mo

Highlights

  • 2 Car Attached Garage
  • Central Air
  • Dogs and Cats Allowed
  • 1-Story Property
  • Dining Room
  • 5-minute walk to Blair Park

About This Home

As of March 2022

Beautiful home in highly desirable location near campus, downtown Urbana, and Urbana High School. Newer machine hardwood floors throughout and gorgeous ceramic tile work in both bathrooms. Large bedrooms can accommodate all bed sizes. Extra office/bedroom space has additional fireplace and great storage with two walk-in closets. Brand new Samsung washer and dryer come with house. Two car garage is large enough to accommodate all vehicle sizes. Private patio in the back with a spacious backyard to relax in during warm summer evenings. Contact John to schedule a tour or preview the home with a video tour today!

Last Agent to Rent the Property

Darrin Lund

JOEL WARD HOMES, INC License #475190842 Listed on: 03/25/2022

Co-Listed By

Nick Ward

JOEL WARD HOMES, INC License #471020454

Last Renter's Agent

Darrin Lund

JOEL WARD HOMES, INC License #475190842 Listed on: 03/25/2022

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1960 | Remodeled in 2015

Lot Details

  • Lot Dimensions are 167.87x84.4

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 2,060 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Schools

  • Urbana Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Property Available on 8/1/22
  • 12 Month Lease Term

Home Details

Home Type

Single Family

Year Built

Built in 1960 | Remodeled in 2015

Lot Details

8,756 Sq Ft Lot

Parking

2

Rental Info

  • Available Date: 2022-08-01
  • Lease Term: 12 Months
  • Board Number: 22
  • Pets Allowed (Y/N): Yes
  • Type of Rental Property: Detached
  • Rental Price: 1980
  • Is Parking Included in Price: Yes

Listing Details

  • Property Type: Residential Lease
  • Property Type: Residential Lease
  • Type Detached: 1 Story
  • Property Sub-Type: Detached
  • Year Built: 1960
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Non-Smoking House
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2015
  • Actual Status: Rented
  • ResoPropertyType: ResidentialLease
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2015

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • LivingArea: 2060
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2060
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Square Footage Comments: Pulled SQ FT from previous listing
  • Total Sq Ft: 2060

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Ownership: N/A
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Deposit Required, Dogs OK

Schools

  • Elementary School: Urbana Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School

Lot Info

  • Lot Dimensions: 167.87X84.4

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2020
Closed on
Nov 10, 2020
Sold by
Bought by
Seller's Agent
Lumen Loves
KELLER WILLIAMS-TREC
Buyer's Agent
Nick Ward
JOEL WARD HOMES, INC
List Price
$209,900
Sold Price
$206,000
Premium/Discount to List
-$3,900
-1.86%
Current Estimated Value
$271,908

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,908
Avg. Annual Appreciation
5.04%

Purchase Details

Closed on
Jul 1, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,700
Interest Rate
0.0494%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$204,000 Chicago Title Land Trust Co
$150,000 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $119,700
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/26/2022 03/26/22 Rented $1,980 0.0% --
03/25/2022 03/25/22 For Rent $1,980 -5.7% --
07/27/2021 07/27/21 Rented -- -- --
06/29/2021 06/29/21 For Rent $2,100 0.0% --
11/19/2020 11/19/20 Sold $206,000 -1.9% $100 / Sq Ft View Prior Sale
10/23/2020 10/23/20 Pending -- -- --
10/22/2020 10/22/20 For Sale $209,900 +9.9% $102 / Sq Ft
06/30/2014 06/30/14 Sold $191,000 -4.0% $93 / Sq Ft View Prior Sale
04/08/2014 04/08/14 Pending -- -- --
03/21/2014 03/21/14 For Sale $199,000 -- $97 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $6,436 $72,370 $24,250 $48,120
2024 $6,000 $68,400 $22,920 $45,480
2023 $6,000 $62,410 $20,910 $41,500
2022 $2,984 $57,460 $19,250 $38,210
2021 $5,133 $53,550 $17,940 $35,610
2020 $4,947 $51,990 $17,420 $34,570
2019 $4,806 $51,990 $17,420 $34,570
2018 $4,788 $52,350 $17,540 $34,810
2017 $4,954 $52,350 $17,540 $34,810
2016 $4,926 $52,350 $17,540 $34,810
2015 $4,981 $52,350 $17,540 $34,810
2014 $4,914 $52,350 $17,540 $34,810
2013 $4,797 $51,850 $17,540 $34,310
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2022

    Darrin Lund

    JOEL WARD HOMES, INC

    Section Image
  • Nick Ward

    Landlord's Co-Listing Agent in 2022

    Nick Ward

    JOEL WARD HOMES, INC

    (217) 840-0388

    2 in this area

    126 Total Sales

    Nick Ward
    Section Image

  • J

    Seller's Agent in 2021

    John Boland

    JOEL WARD HOMES, INC

    (309) 310-2520

    1 Total Sale

    John Boland
    Section Image

  • L

    Seller's Agent in 2020

    Lumen Loves

    KELLER WILLIAMS-TREC

    (217) 649-8999

    6 in this area

    51 Total Sales

    Lumen Loves
    Section Image
  • Diana Sjuts

    Seller's Agent in 2014

    Diana Sjuts

    Coldwell Banker R.E. Group

    (217) 840-4133

    67 Total Sales

    Diana Sjuts
    Section Image
  • Martha Leary

    Buyer's Agent in 2014

    Martha Leary

    LANDMARK REAL ESTATE

    (217) 766-6294

    32 Total Sales

    Martha Leary
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11357266

Midwest Real Estate Data (MRED)

APN: 93-21-17-476-008

Illinois Champaign County Urbana 61801 Fairlawn Park

405 E Michigan Ave, Urbana, IL

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) 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.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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