NOT LISTED FOR SALE

405 W University Ave Unit 202-203 Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated Value: $213,000 - $256,000

3 Beds
4 Baths
2,882 Sq Ft
$704/mo HOA Fee

Last Sold June 26, 2020

Last sale price $340,000 $118 Per Sq Ft

Est. 32% decrease in value since last sale

Current estimated payment $2,184/month

27 Days on Market

Highlights

  • Mature Trees
  • Property is near a park
  • Home Office
  • Central High School Rated A
  • Wood Flooring
  • 3-minute walk to West Side Park

About This Home

As of June 2020

An amazing large Condo near downtown Champaign located in The Oaks building! The entire East side of the second floor offers this one of a kind experience in condo living. This home was completely redone in 2018, Wood and marble floors throughout, Anderson sliders to the balconies, and completely refreshed bathrooms and finishes. The central kitchen/reception area features a fully functional Tappan Fabulous 400 range, circa 1966 (same as featured on the show Bewitched!) as well as 21st century conveniences. This condo offers two master suites, a 3rd bedroom, plus an office or 4th bedroom, four full bathrooms, 10+ California closets, three garage parking spaces in heated space below the building, and two separate storage units right outside of the front doors. Across the street is beautiful West Side Park with its walking paths, gazebo, and trees, and see it all from both of your balconies. Being so close to downtown Champaign means you're close to The Virginia Theater, restaurants, and more. This condo is flooded with natural light, and offers a fun opportunity to live in the heart of Champaign. The Doorman/Custodian can delivers packages to your door, help residents with tasks that take 15 minutes or less, cleans inside & out, mows/rakes, waters new landscaping, and more.

Last Agent to Sell the Property

Scott Bechtel

KELLER WILLIAMS-TREC License #471003745 Listed on: 04/11/2020

KELLER WILLIAMS-TREC

Last Buyer's Agent

Nate Evans

eXp Realty-Mahomet License #475124281

eXp Realty-Mahomet

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,138

Year Built

  • 1966

Lot Details

  • 1,394

HOA Fees

  • $704 per month

Parking

  • Attached Garage
  • Heated Garage
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Entrance Foyer
  • Home Office
  • Storage
  • Wood Flooring

Utilities

  • Central Air
  • Heating System Uses Gas

Additional Features

  • Balcony
  • Mature Trees
  • Property is near a park

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,138

Year Built

1966

Lot Details

0

HOA Fees

$704 per month

Parking

3

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 2
  • Age: 51-60 Years
  • Full Bathrooms: 4
  • Ownership: Condo
  • Total Full or Half Bathrooms: 4
  • Total Sq Ft: 2882
  • Estimated Year Built: 1966
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Total Sq Ft: 2882
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7
  • Year Built: 1966

Interior Features

  • Interior Property Features: Elevator, Hardwood Floors, Storage
  • Number Of Rooms: 7
  • Living Room: Dimensions: 22X16, On Level: Main Level, Flooring: Hardwood
  • Bedrooms All Levels: 3
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 3
  • Dining Room: Dimensions: 16X25, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 22X9, On Level: Main Level, Flooring: Hardwood
  • Additional Rooms: Office, Foyer
  • Master Bedroom: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Additional Room 1 Name: Office, Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood
  • Additional Room 2 Name: Foyer, Dimensions: 22X10, On Level: Main Level, Flooring: Hardwood
  • Bedroom 2: Dimensions: 16X12, On Level: Main Level, Flooring: Hardwood
  • Bedroom 3: Dimensions: 12X13, On Level: Main Level, Flooring: Hardwood
  • Estimated Sq Ft: 2882
  • Estimated Total Finished Sq Ft: 2882
  • Main Level Sq Ft: 2882

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Heated
  • Garage On Site: Yes
  • Number Garage Spaces: 3
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Max Pet Weight: 45
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Count Limitation, Pet Weight Limitation
  • Assessment Includes: Water, Parking, Doorman, TV/Cable, Lawn Care, Snow Removal
  • Special Assessments: U
  • Assessment Association Fees: 704
  • Management Phone: 000-000-0000

Schools

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

Lot Info

  • Lot Dimensions: CONDO
  • Lot Description: Park Adjacent, Mature Trees
  • Parcel Identification Number: 422012380005
  • Zero Lot Line: No

Multi Family

  • Total Number Unitsin Building: 14
  • Number Stories: 7

Tax Info

  • Taxes: 5291.14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2020
Closed on
Jun 24, 2020
Sold by
Williams Bill D and Williams Diana S
Bought by
Wheeler Richard and Gill Pat
Seller's Agent
Scott Bechtel
KELLER WILLIAMS-TREC
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
List Price
$349,900
Sold Price
$340,000
Premium/Discount to List
-$9,900
-2.83%
Current Estimated Value
$229,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$110,095
Avg. Annual Appreciation
-7.09%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wheeler Richard $340,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/26/2020 06/26/20 Sold $340,000 -2.8% $118 / Sq Ft
05/08/2020 05/08/20 Pending -- -- --
04/11/2020 04/11/20 For Sale $349,900 -- $121 / 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 $3,138 $44,800 $1,690 $43,110
2023 $3,138 $40,800 $1,540 $39,260
2022 $2,910 $37,640 $1,420 $36,220
2021 $2,829 $36,900 $1,390 $35,510
2020 $2,244 $35,480 $1,340 $34,140
2019 $2,152 $34,750 $1,310 $33,440
2018 $2,088 $34,200 $1,290 $32,910
2017 $1,977 $32,880 $1,240 $31,640
2016 $2,167 $32,200 $1,210 $30,990
2015 $2,175 $31,630 $1,190 $30,440
2014 $2,156 $31,630 $1,190 $30,440
2013 $2,137 $31,630 $1,190 $30,440
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10688200

Midwest Real Estate Data (MRED)

APN: 42-20-12-380-005