$172,000
SOLD JUN 27, 2018

405 W University Ave Unit 402 Champaign, IL 61820

Downtown Champaign Neighborhood
2 Beds
2 Baths
1,259 Sq Ft
$338/mo HOA Fee

Recently Sold

$137 Per Sq Ft

2% Below List Price

27 Days on Market

Highlights

  • Multiple Garages
  • Main Floor Bedroom
  • Stainless Steel Appliances
  • Central High School Rated A
  • Walk-In Pantry
  • 3-minute walk to West Side Park

About This Home

As of August 2020

This is the unit you've been waiting for at 'The Oaks' building. 4th floor unit w/views of 'West-Side Park' from all rooms! Mid-century classic brick high-rise architecturally designed by Atkins-Barrow & Graham. Unit is a perfect match of original & modern updates. Lg great-room, dining area, full featured kitchen w/newer stainless fridge & DW - Cool original Tappan slide-out range/oven. Quiet building, new acoustic style wood laminate floors, freshly painted, sharp decor, newer Anderson windows, many building updates last few years, all paid for. Luxury master-suite w/dressing area & 3 closets. Slate/Brick/Iron private balcony overlooking the park is fantastic. Security doors & intercom system, updated commons, onsite custodian keeps the commons & grounds impeccable for this owner-occupied building w/Elevator & on-site laundry. Rare Bonus, this unit comes w/2 garage spots! Right on the park & close to all downtown amenities, restaurants, theater, pubs, shopping & library, WOW!

Last Agent to Sell the Property

Bradley Coats

RE/MAX Choice License #475126018

RE/MAX Choice

Last Buyer's Agent

Nate Evans

eXp Realty,LLC-Mahomet License #475124281

eXp Realty,LLC-Mahomet

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,234

Year Built

  • 1966

HOA Fees

  • $338 per month

Parking

  • Attached Garage
  • Multiple Garages
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • Electric Fireplace
  • Entrance Foyer
  • Storage
  • Laminate Flooring
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Breakfast Bar
  • Walk-In Pantry
  • Oven or Range
  • Dishwasher
  • Stainless Steel Appliances
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom
  • Separate Shower

Laundry

  • Dryer
  • Washer

Eco-Friendly Details

  • North or South Exposure

Outdoor Features

  • Enclosed Balcony
  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Cable TV Available

Community Details

  • Pets Allowed

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,234

Year Built

1966

Lot Details

0

HOA Fees

$338 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
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1259
  • Estimated Year Built: 1966
  • Tax Exemptions: Homeowner, Senior
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 7
  • Year Built: 1966

Interior Features

  • Interior Property Features: Elevator, Wood Laminate Floors, 1st Floor Bedroom, Storage
  • Number Of Rooms: 5
  • Living Room: Dimensions: 22X15, On Level: 4th Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, All Stainless Steel Kitchen Appliances
  • Equipment: TV-Cable, Security System
  • Fireplace Details: Electric
  • Fireplace Location: Living Room
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Bathroom Amenities: Separate Shower
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 18X9, On Level: Basement, Flooring: Ceramic Tile
  • Dining Room: Dimensions: 11X10, On Level: 4th Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 11X9, On Level: 4th Level, Flooring: Vinyl
  • Kitchen Type: Eating Area-Table Space, Pantry-Closet
  • Additional Rooms: Foyer, Enclosed Balcony
  • Master Bedroom: Dimensions: 17X12, On Level: 4th Level, Flooring: Carpet
  • Additional Room 1 Name: Foyer, Dimensions: 9X5, On Level: 4th Level, Flooring: Wood Laminate
  • Additional Room 2 Name: Enclosed Balcony, Dimensions: 14X6, On Level: 4th Level, Flooring: Slate
  • Bedroom 2: Dimensions: 13X12, On Level: 4th Level, Flooring: Carpet
  • Estimated Sq Ft: 1259
  • Estimated Total Finished Sq Ft: 1259
  • Main Level Sq Ft: 1259
  • Dining Room Type: Separate

Exterior Features

  • Foundation: Concrete
  • Exterior Building Type: Brick
  • Exterior Property Features: Balcony, Patio, Cable Access
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Heated, Multiple Garages
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: 100 Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Max Pet Weight: 25
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK, Pet Weight Limitation
  • Common Area Amenities: Elevator, Storage, On Site Manager/Engineer, Security Door Locks
  • Assessment Includes: Water, Parking, Common Insurance, Security System, TV/Cable, Exterior Maintenance, Lawn Care, Snow Removal
  • Special Assessments: U
  • Assessment Association Fees: 338
  • Management Contact Name: The Oaks
  • Management Phone: 000-000-0000

Fee Information

  • Management Company: The Oaks

Schools

  • School District: 4
  • Elementary School: UNIT 4 ELEMENTARY SCHOOL
  • Middle School: CHAMPAIGN JUNIOR/MIDDLE CALL UNI
  • High School: CENTRAL HIGH SCHOOL
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 422012380013

Multi Family

  • Total Number Unitsin Building: 24
  • Number Stories: 7

Tax Info

  • Taxes: 2124.44

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%
Total Days on Market
27
Current Estimated Value
$208,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$59,270
Avg. Annual Appreciation
6.73%

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 Choice
Buyer's Agent
Nate Evans
eXp Realty,LLC-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 Choice
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%

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $149,000 Act
Warranty Deed $172,000 Attorney
Executors Deed $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

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

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09952883

Midwest Real Estate Data (MRED)

APN: 42-20-12-380-013