NOT LISTED FOR SALE

407 S Cottage Grove Ave Urbana, IL 61802

Historic East Urbana Neighborhood

Estimated Value: $78,922 - $127,000

1 Bed
1 Bath
841 Sq Ft
$128/Sq Ft Est. Value

Last Sold March 22, 2021

Last sale price $52,000 $62 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $697/month

67 Days on Market

Highlights

  • Multiple Garages
  • Formal Dining Room
  • Bungalow
  • Attic
  • Detached Garage
  • Bathroom on Main Level

About This Home

As of March 2021

Perfect starter home or investment property. Recently rented for $725/mo. Upstairs very useful in many ways, but is not listed in total square footage due to ceiling height.

Last Agent to Sell the Property

Rich Dietrich

Coldwell Banker R.E. Group License #475175917 Listed on: 12/28/2020

Coldwell Banker R.E. Group

Last Buyer's Agent

Nate Evans

eXp Realty-Mahomet License #475124281

eXp Realty-Mahomet

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,335

Year Built

  • 1903

Lot Details

  • 6,098

Parking

  • Detached Garage
  • Carport
  • Multiple Garages
  • Parking Available
  • Garage Transmitter
  • Garage Door Opener
  • Gravel Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • Bathroom on Main Level
  • Window Treatments
  • Formal Dining Room
  • Partially Carpeted
  • Laundry on main level
  • Attic

Location

  • Property is near a bus stop

Utilities

  • Forced Air Heating and Cooling System
  • One Cooling System Mounted To A Wall/Window
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,335

Year Built

1903

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Age: 100+ Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Square Footage Comments: Only includes downstairs. Upstairs is finished but not included due to ceiling height.
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 841
  • Style Of House: Bungalow
  • Type Detached: 2 Stories
  • Estimated Year Built: 1903
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 841
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1903

Interior Features

  • Interior Property Features: 1st Floor Laundry, 1st Floor Full Bath, Some Carpeting, Some Window Treatmnt, Separate Dining Room, Some Wall-To-Wall Cp
  • Number Of Rooms: 5
  • Living Room: Dimensions: 11X15, On Level: Main Level, Flooring: Wood Laminate
  • Attic: Finished
  • Bedrooms All Levels: 1
  • Above Grade Bedrooms: 1
  • Dining Room: Dimensions: 10X15, On Level: Main Level, Flooring: Wood Laminate
  • Kitchen Type: Dimensions: 8X15, On Level: Main Level, Flooring: Vinyl
  • Additional Rooms: Attic
  • Master Bedroom: Dimensions: 10X12, On Level: Main Level, Flooring: Wood Laminate
  • Additional Room 1 Name: Attic, Dimensions: 6X12, On Level: Attic
  • Additional Room 2 Name: Attic, Dimensions: 6X12, On Level: Attic
  • Estimated Sq Ft: 841
  • Estimated Total Finished Sq Ft: 841
  • Main Level Sq Ft: 841

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding
  • Acreage: 0.14

Garage/Parking

  • Number of Cars: 3
  • Parking: Garage, Space/s
  • Number Parking Spaces: 2
  • Parking On Site: Yes
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s), Carport, Multiple Garages
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Driveway: Gravel
  • Parking Included In Price: Yes
  • Parking Ownership: Owned
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air, 1 (Window/Wall Unit)
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • School District: 116
  • Elementary School: Leal Elementary School
  • Middle School: Urbana Middle School
  • High School: Urbana High School
  • Junior High Dist: 116

Lot Info

  • Lot Dimensions: 50 X 120
  • Parcel Identification Number: 922116112019

Tax Info

  • Taxes: 2101.50

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 28, 2020
Closed on
Mar 22, 2021
Sold by
Mckinney Charlene C and Mckinney Stephen W
Bought by
Schillinger Robert
Seller's Agent
Rich Dietrich
Coldwell Banker R.E. Group
Buyer's Agent
Nate Evans
eXp Realty-Mahomet
List Price
$57,500
Sold Price
$52,000
Premium/Discount to List
-$5,500
-9.57%
Current Estimated Value
$107,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$55,981
Avg. Annual Appreciation
18.65%

Purchase Details

Closed on
Aug 11, 2004
Sold by
Deutsche Bank National Trust Co
Bought by
Mckinney Stephen W and Mckinney Charlene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,400
Interest Rate
7.33%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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Average Value
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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
Schillinger Robert $26,000 Attorney
Schillinger Robert $26,000 Attorney
Mckinney Stephen W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mckinney Stephen W $51,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2021 03/22/21 Sold $52,000 -9.6% $62 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $57,500 0.0% $68 / Sq Ft
01/09/2021 01/09/21 Pending -- -- --
12/28/2020 12/28/20 For Sale $57,500 -- $68 / 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 $3,335 $34,360 $9,040 $25,320
2023 $3,335 $31,350 $8,250 $23,100
2022 $3,125 $28,870 $7,600 $21,270
2021 $2,904 $26,900 $7,080 $19,820
2020 $2,809 $26,110 $6,870 $19,240
2019 $2,102 $26,110 $6,870 $19,240
2018 $2,717 $26,300 $6,920 $19,380
2017 $2,811 $26,300 $6,920 $19,380
2016 $2,049 $25,280 $6,650 $18,630
2015 $2,072 $25,280 $6,650 $18,630
2014 $1,994 $24,810 $6,650 $18,160
2013 $2,596 $24,810 $6,650 $18,160
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rich Dietrich

    Coldwell Banker R.E. Group

    Section Image
  • Nate Evans

    Buyer's Agent in 2021

    Nate Evans

    eXp Realty-Mahomet

    (217) 493-9297

    21 in this area

    1,778 Total Sales

    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10960485

Midwest Real Estate Data (MRED)

APN: 92-21-16-112-019

Illinois Champaign County Urbana 61801 Historic East Urbana

407 S Cottage Grove Ave, Urbana, IL

This home is located at 407 S Cottage Grove Ave, Urbana, IL 61802 since 28 December 2020 and is currently estimated at $107,981, approximately $128 per square foot. This property was built in 1903. 407 S Cottage Grove Ave is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

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