$129,000
SOLD JUN 23, 2014

405 W University Ave Unit 402 Champaign, IL 61820

Downtown Champaign Neighborhood
2 Beds
2 Baths
1,259 Sq Ft
1,394 Sq Ft Lot

Recently Sold

$102 Per Sq Ft

10% Below List Price

296 Days on Market

Highlights

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

About This Home

As of August 2020

Welcome to The Oaks! Location & safety win the prize for this stately high rise condominium building that overlooks Westside Park in downtown Champaign. Convenient to restaurants, theater, library, bus lines, Amtrak, shopping & Christie Clinic. Secure building offers heated ground level garage w/2 parking spaces. 2BR/2BA w/open floor plan, 2 fireplaces, DR, updated windows, lots of storage and inviting balcony. Condo is bright, clean and has neutral colors. Master suite has dressing area, custom king bed and 3 closets. Furniture package offered. Laundry area on site. Custodian maintains commons and grounds. Owner occupied only. Pets allowed. Fees include snow removal, grounds upkeep, trash & recycle, water, basic cable and exterior insurance. $2500 credit for flooring toward closing costs.

Last Agent to Sell the Property

Marilyn White

KELLER WILLIAMS-TREC Listed on: 08/01/2013

Last Buyer's Agent

Bradley Coats

RE/MAX REALTY ASSOCIATES-CHA License #475126018

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,234

Year Built

  • 1966

Parking

  • Attached Garage

Home Design

  • Brick Exterior Construction

Interior Spaces

  • Electric Fireplace
  • Unfinished Basement
  • Partial Basement

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom

Utilities

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

Additional Features

  • North or South Exposure
  • Patio

Listing and Financial Details

  • $2,500 Seller Concession

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,234

Year Built

1966

Lot Details

0

Parking

2

Listing Details

  • Property Type: Attached Single
  • Disability Access: Yes
  • Unit Floor Level: 4
  • Age: 41-50 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1259
  • Type Detached: 1 Story
  • Estimated Year Built: 1966
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1966

Interior Features

  • Interior Property Features: 1st Floor Bedroom, Elevator
  • Living Room: Dimensions: 12 X, On Level: 4th Level, Flooring: Carpet
  • Appliances: Dishwasher, Disposal, Oven/Range, Refrigerator
  • Equipment: TV-Cable, Security System
  • Fireplace Details: Electric
  • Basement: Partial
  • Basement: Unfinished
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Dining Room: Dimensions: 11 X, On Level: 4th Level, Flooring: Carpet
  • Kitchen Type: Dimensions: 9 X 1, On Level: 4th Level, Flooring: Vinyl
  • Master Bedroom: Dimensions: 12.2, On Level: 4th Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 11.6, On Level: 4th Level, Flooring: Carpet
  • Estimated Sq Ft: 1259
  • Estimated Total Finished Sq Ft: 1259
  • Main Level Sq Ft: 1259
  • Existing Basement Foundation: Yes
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Brick
  • Exterior Property Features: Patio
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Number Garage Spaces: 2

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 422012380013

Tax Info

  • Taxes: 2207

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
$213,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,649
Avg. Annual Appreciation
5.41%

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

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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 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

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09451897

Midwest Real Estate Data (MRED)

APN: 42-20-12-380-013