NOT LISTED FOR SALE

405 W University Ave Unit 402 Champaign, IL 61820

Downtown Champaign Neighborhood

Estimated Value: $166,000 - $253,000

2 Beds
2 Baths
1,260 Sq Ft
$378/mo HOA Fee

Last Sold August 07, 2020

Last sale price $149,000 $118 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $1,723/month

219 Days on Market

Highlights

  • Property is near a park
  • Balcony
  • Forced Air Heating and Cooling System
  • Central High School Rated A
  • Attached Garage
  • 3-minute walk to West Side Park

About This Home

As of August 2020

Enjoy your new view overlooking West Side Park and downtown Champaign! This move-in ready condo at The Oaks has the amenities you're seeking plus 2 covered parking spaces. Take in sweeping views of the park from the large great room with hardwood floors and sliding doors to the 5x9 balcony. The open concept living and dining area allows light to flood in to the main entertaining area. The kitchen features a stainless refrigerator and dishwasher along with an original Tappan slide-out oven/range. Both bedrooms are spacious with great storage. The building offers laundry on-site and secure access. Schedule your showing today!

Last Agent to Sell the Property

Ryan Dallas

RYAN DALLAS REAL ESTATE License #475143433 Listed on: 12/03/2019

Last Buyer's Agent

Nick Tangen

RE/MAX REALTY ASSOCIATES-CHA License #475181437

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,234

Year Built

  • 1966

Lot Details

  • 1,394

HOA Fees

  • $378 per month

Parking

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

Home Design

  • Brick Exterior Construction

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Laundry

  • Dryer
  • Washer

Utilities

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

Additional Features

  • North or South Exposure
  • Balcony
  • Property is near a park

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions
  • $1,200 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,234

Year Built

1966

Lot Details

0

HOA Fees

$378 per month

Parking

2

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 4
  • Age: 51-60 Years
  • Full Bathrooms: 2
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1260
  • Estimated Year Built: 1966
  • Tax Exemptions: Homeowner, Senior, Senior Freeze
  • Type Attached: Condo
  • Total Sq Ft: 1260
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 6
  • Year Built: 1966

Interior Features

  • Number Of Rooms: 5
  • Living Room: Dimensions: 10X22, On Level: Main Level
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 10X11, On Level: Main Level
  • Kitchen Type: Dimensions: 9X10, On Level: Main Level
  • Additional Rooms: Balcony
  • Master Bedroom: Dimensions: 17X12, On Level: Main Level, Flooring: Carpet
  • Additional Room 1 Name: Balcony, Dimensions: 5X9, On Level: Main Level, Flooring: Slate
  • Bedroom 2: Dimensions: 11X13, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 1260
  • Estimated Total Finished Sq Ft: 1260
  • Main Level Sq Ft: 1260
  • Dining Room Type: Combined w/ LivRm

Exterior Features

  • Exterior Building Type: Brick
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Management: Manager On-site
  • Pet Information: No Pets
  • Common Area Amenities: Elevator, Storage, Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, Security System, TV/Cable, Exterior Maintenance, Lawn Care, Snow Removal
  • Assessment Association Fees: 378
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: THE OAKS

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
  • Parcel Identification Number: 422012380013

Multi Family

  • Total Number Unitsin Building: 14
  • Number Stories: 6

Tax Info

  • Taxes: 1932

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 3, 2019
Closed on
Aug 7, 2020
Sold by
Arkin Charles and Arkin Lori M
Bought by
Rowland Kendrith and Fay Nancy
Seller's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
Buyer's Agent
Nick Tangen
RE/MAX REALTY ASSOCIATES-CHA
List Price
$162,500
Sold Price
$149,000
Premium/Discount to List
-$13,500
-8.31%
Current Estimated Value
$194,597

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,597
Avg. Annual Appreciation
5.62%

Purchase Details

Listed on
May 18, 2018
Closed on
Jun 27, 2018
Sold by
Chambers Della L
Bought by
Arkin Charles
Seller's Agent
Bradley Coats
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
List Price
$175,000
Sold Price
$172,000
Premium/Discount to List
-$3,000
-1.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-6.55%

Purchase Details

Listed on
Aug 1, 2013
Closed on
Jun 20, 2014
Sold by
Jackson Shirley F and Jackson William R
Bought by
Chambers Della L
Seller's Agent
Marilyn White
KELLER WILLIAMS-TREC
Buyer's Agent
Bradley Coats
RE/MAX REALTY ASSOCIATES-CHA
List Price
$142,900
Sold Price
$129,000
Premium/Discount to List
-$13,900
-9.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.44%
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
Rowland Kendrith $149,000 Act
Arkin Charles $172,000 Attorney
Chambers Della L $129,000 None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $149,000 -0.6% $118 / Sq Ft
07/09/2020 07/09/20 Pending -- -- --
05/26/2020 05/26/20 Price Changed $149,900 -6.3% $119 / Sq Ft
02/21/2020 02/21/20 Price Changed $159,900 -1.6% $127 / Sq Ft
12/03/2019 12/03/19 For Sale $162,500 -5.5% $129 / Sq Ft
06/27/2018 06/27/18 Sold $172,000 -1.7% $137 / Sq Ft
06/14/2018 06/14/18 Pending -- -- --
05/18/2018 05/18/18 For Sale $175,000 +35.7% $139 / Sq Ft
06/23/2014 06/23/14 Sold $129,000 -9.7% $102 / Sq Ft
05/24/2014 05/24/14 Pending -- -- --
08/01/2013 08/01/13 For Sale $142,900 -- $114 / 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 $3,234 $45,960 $1,720 $44,240
2023 $3,234 $41,860 $1,570 $40,290
2022 $3,000 $38,620 $1,450 $37,170
2021 $2,917 $37,860 $1,420 $36,440
2020 $2,788 $36,410 $1,370 $35,040
2019 $2,687 $35,660 $1,340 $34,320
2018 $1,932 $35,100 $1,320 $33,780
2017 $2,056 $33,750 $1,270 $32,480
2016 $1,776 $33,050 $1,240 $31,810
2015 $1,822 $32,470 $1,220 $31,250
2014 $2,003 $32,470 $1,220 $31,250
2013 $2,207 $32,470 $1,220 $31,250
Source: Public Records

Agents Affiliated with this Home

  • Ryan Dallas

    Seller's Agent in 2020

    Ryan Dallas

    RYAN DALLAS REAL ESTATE

    (217) 493-5068

    11 in this area

    2,368 Total Sales

    Section Image
  • Nick Tangen

    Buyer's Agent in 2020

    Nick Tangen

    RE/MAX

    (217) 390-2528

    1 in this area

    93 Total Sales

    Section Image
  • Bradley Coats

    Seller's Agent in 2018

    Bradley Coats

    RE/MAX

    (217) 840-2064

    83 Total Sales

    Section Image
  • Nate Evans

    Buyer's Agent in 2018

    Nate Evans

    eXp Realty-Mahomet

    (217) 493-9297

    13 in this area

    1,766 Total Sales

    Section Image

  • M

    Seller's Agent in 2014

    Marilyn White

    KELLER WILLIAMS-TREC

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10584494

Midwest Real Estate Data (MRED)

APN: 42-20-12-380-013

Illinois Champaign County Champaign 61820 Downtown Champaign

405 W University Ave Unit 402, Champaign, IL

This home is located at 405 W University Ave Unit 402, Champaign, IL 61820 since 03 December 2019 and is currently estimated at $213,649, approximately $169 per square foot. This property was built in 1966. 405 W University Ave Unit 402 is a home located in Champaign County with nearby schools including Central High School, Holy Cross Elementary School, and Franklin STEAM Academy.

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