NOT LISTED FOR SALE

405 W University Ave Unit 303 Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated Value: $204,000 - $235,000

2 Beds
2 Baths
1,350 Sq Ft
1,394 Sq Ft Lot

Last Sold June 09, 2016

Last sale price $159,500 $118 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $1,296/month

2 Days on Market

Highlights

  • Attached Garage
  • Patio
  • Southern Exposure
  • Central High School Rated A
  • Forced Air Heating and Cooling System
  • 3-minute walk to West Side Park

About This Home

As of June 2016

Desirable condo location near downtown Champaign located on the 3rd floor of a high rise, secure, established condo building. Enjoy West Side Park in the warmer months and 2 blocks from downtown! Approximately 1350 sq ft of living space includes a spacious living room with a large balcony, dining room, and kitchen with all appliances. Master bedroom has nice space with lots of closet space and a private bathroom. 2nd bedroom nearby and new bathroom too! 1 space in lower secured garage. Storage unit right outside of condo. Laundry in the building is commons. Condo fees include Water, Mailboxes on site, recycling, garbage, snow removal exterior maintenance, exterior insurance, commons areas, secure entrance, Laundry onsite.

Last Agent to Sell the Property

Stefanie Pratt

Coldwell Banker R.E. Group License #475123513 Listed on: 04/08/2016

Coldwell Banker R.E. Group

Last Buyer's Agent

Madeline Hoeft

RE/MAX REALTY ASSOCIATES-CHA License #471003488

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,933

Lot Details

  • 1,394

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Additional Features

  • Primary Bathroom is a Full Bathroom
  • Patio
  • Southern Exposure

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,933

Lot Details

0

Parking

1

Listing Details

  • Property Type: Attached Single
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1350
  • Type Detached: 1 Story
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Living Room: Dimensions: 22 X, On Level: 3rd Level, Flooring: Other
  • Appliances: Dishwasher, Microwave, Oven/Range, Refrigerator
  • Equipment: TV-Cable, CO Detectors
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11 X, On Level: 3rd Level, Flooring: Other
  • Kitchen Type: Dimensions: 9 X 1, On Level: 3rd Level, Flooring: Vinyl
  • Master Bedroom: Dimensions: 20.4, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13.2, On Level: 3rd Level, Flooring: Carpet
  • Estimated Sq Ft: 1350
  • Estimated Total Finished Sq Ft: 1350
  • Main Level Sq Ft: 1350
  • Existing Basement Foundation: Yes
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Patio
  • Exposure: S (South)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Attached
  • Number Garage Spaces: 1

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Special Assessments: Y

Schools

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

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 422012380012

Tax Info

  • Taxes: 2121

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2016
Closed on
May 16, 2016
Sold by
Morrow Stephen Thad and Nieto Carlos A
Bought by
Bonn Mary Ann
Seller's Agent
Stefanie Pratt
Coldwell Banker R.E. Group
Buyer's Agent
Madeline Hoeft
RE/MAX REALTY ASSOCIATES-CHA
List Price
$174,900
Sold Price
$159,500
Premium/Discount to List
-$15,400
-8.81%
Current Estimated Value
$213,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,333
Avg. Annual Appreciation
2.94%

Purchase Details

Closed on
Jul 15, 2008
Sold by
Mattila Timothy
Bought by
Morrow Stephen Thad and Nieto Carlos A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,920
Interest Rate
6.15%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 16, 2004
Sold by
Rowen Mary J
Bought by
Mattila Timothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$81,000
Interest Rate
5.93%
Mortgage Type
Balloon
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 Buyer Sale Price Title Company
Bonn Mary Ann $162,500 None Available
Morrow Stephen Thad $140,000 None Available
Mattila Timothy $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Morrow Stephen Thad $111,920
Previous Owner Mattila Timothy $81,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2016 06/09/16 Sold $159,500 -8.8% $118 / Sq Ft
04/10/2016 04/10/16 Pending -- -- --
04/08/2016 04/08/16 For Sale $174,900 -- $130 / 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 $1,933 $44,200 $1,660 $42,540
2023 $1,933 $40,250 $1,510 $38,740
2022 $1,972 $37,130 $1,390 $35,740
2021 $1,963 $36,400 $1,360 $35,040
2020 $1,966 $35,000 $1,310 $33,690
2019 $1,943 $34,280 $1,280 $33,000
2018 $1,929 $33,740 $1,260 $32,480
2017 $1,937 $32,440 $1,210 $31,230
2016 $1,875 $31,770 $1,180 $30,590
2015 $2,139 $31,210 $1,160 $30,050
2014 $2,121 $31,210 $1,160 $30,050
2013 $2,102 $31,210 $1,160 $30,050
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09425093

Midwest Real Estate Data (MRED)

APN: 42-20-12-380-012