NOT LISTED FOR SALE

405 W University Ave Unit 103 Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated Value: $169,000 - $252,000

2 Beds
2 Baths
1,350 Sq Ft
$300/mo HOA Fee

Last Sold May 28, 2021

Last sale price $169,500 $126 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,728/month

24 Days on Market

Highlights

  • Elevator
  • 1 Car Attached Garage
  • Patio
  • Central High School Rated A
  • Building Patio
  • 3-minute walk to West Side Park

About This Home

As of May 2021

The Oaks Condominiums, Downtown Champaign located on Historic West Side Park. This is a spacious 2 bedroom, 2 full bath condo on the first floor. This unit has a rare private Southern Exposed Patio of nearly 1,500sf outside. The kitchen has Brand New Stainless Steel Appliances: GE Range, Refrigerator, and Stove. The Master Suite is quite large with 4 closets, and a very large master bathroom. Locked secure parking garage below with elevator. Easy Living.

Last Listed By

Tim Hoss

RE/MAX Choice License #471019765 Listed on: 04/07/2021

RE/MAX Choice

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,283

Year Built

  • Built in 1965

Lot Details

  • 1,394

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Accessible Home Design

  • Wheelchair Access
  • Wheelchair Adaptable
  • Accessibility Features

Outdoor Features

  • Patio

Schools

  • Unit 4 Of Choice Elementary School
  • Champaign/Middle Call Unit 4 351
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include water, parking, insurance, tv/cable, exterior maintenance, lawn care, snow removal
  • 22 Units

Amenities

  • Building Patio
  • Laundry Facilities
  • Elevator
  • Community Storage Space

Recreation

  • Park

Pet Policy

  • Pets up to 25 lbs
  • Dogs and Cats Allowed

Security

  • Fenced around community

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,283

Year Built

Built in 1965

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1965
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • Legal Description: LOT PT COMMONS OAKS CONDO
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator
  • Basement: None
  • Accessibility Features: Wheelchair Accessible, Wheelchair Adaptable
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • LivingArea: 1350
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1350
  • Assessed Sq Ft: 0
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 1350
  • Basement Sq Ft: 0
  • Total Sq Ft: 1350
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1350
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 164500
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: Common Area
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 300
  • Association Amenities: Elevator(s), Storage, Park, Laundry, Fencing, Patio
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: NA
  • Management Contact Name: NA
  • Management Phone: 000-000-0000

Fee Information

  • Association Fee Includes: Water, Parking, Insurance, TV/Cable, Exterior Maintenance, Lawn Care, Snow Removal

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Central High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351
  • Middle/Junior School District: 4

Lot Info

  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 25

Tax Info

  • Tax Annual Amount: 3283.46
  • Tax Year: 2019

Multi Family

  • Units in Building: 22

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2021
Closed on
Jun 3, 2021
Sold by
Bubin Janet A and Bubin Barry J
Bought by
Lauer Casey
Seller's Agent
Tim Hoss
RE/MAX Choice
Buyer's Agent
Nate Evans
eXp Realty,LLC-Mahomet
List Price
$164,500
Sold Price
$169,500
Premium/Discount to List
$5,000
3.04%
Total Days on Market
24
Current Estimated Value
$208,006

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$38,506
Avg. Annual Appreciation
5.13%
Original Mortgage
$152,550
Outstanding Balance
$140,037
Interest Rate
3.12%
Mortgage Type
New Conventional
Estimated Equity
$66,531

Purchase Details

Closed on
Jun 5, 2009
Sold by
Bubin Barry J and Bubin Janet A
Bought by
Jackson William R

Purchase Details

Closed on
Jun 16, 2008
Sold by
Mcquinn Michael G
Bought by
Bubin Janet A and Bubin Barry J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
6.05%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 30, 2005
Sold by
Bone Dawn E
Bought by
Mcquinn Michael G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,320
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

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 Buyer Sale Price Title Company
Lauer Casey $169,500 Act
Jackson William R $6,500 None Available
Bubin Janet A $140,000 None Available
Mcquinn Michael G $100,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lauer Casey $152,550
Previous Owner Rubin Barry J $96,825
Previous Owner Bubin Janet A $112,000
Previous Owner Mcquinn Michael G $80,320
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $169,500 +3.0% $126 / Sq Ft
04/29/2021 04/29/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $164,500 -2.9% $122 / Sq Ft
04/09/2021 04/09/21 Off Market $169,500 -- --
04/05/2021 04/05/21 For Sale $164,500 -- $122 / 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 $3,296 $46,720 $1,710 $45,010
2023 $3,296 $42,550 $1,560 $40,990
2022 $3,058 $39,250 $1,440 $37,810
2021 $3,523 $38,480 $1,410 $37,070
2020 $3,392 $37,000 $1,360 $35,640
2019 $3,283 $36,240 $1,330 $34,910
2018 $3,210 $35,670 $1,310 $34,360
2017 $3,099 $34,300 $1,260 $33,040
2016 $2,778 $33,590 $1,230 $32,360
2015 $2,800 $33,000 $1,210 $31,790
2014 $2,776 $33,000 $1,210 $31,790
2013 $2,751 $33,000 $1,210 $31,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD11045513

Midwest Real Estate Data (MRED)

APN: 42-20-12-380-031