NOT LISTED FOR SALE

407 S New St Champaign, IL 61820

Estimated Value: $275,000 - $304,351

5 Beds
2 Baths
1,032 Sq Ft
$279/Sq Ft Est. Value

Last Sold August 17, 2023

Last sale price $284,000 $275 Per Sq Ft

Current estimated payment $1,938/month

99 Days on Market

Highlights

  • Victorian Architecture
  • Cul-De-Sac
  • Forced Air Heating System
  • Central High School Rated A
  • Patio

About This Home

As of August 2023

Welcome to this beautiful duplex in an unbeatable location! Unit 2 has recently undergone a top-to-bottom renovation and is currently operating as a successful Airbnb. With its modern and stylish design, this unit is sure to impress any guest. Unit 1 has a strong rental history and is a fantastic opportunity for any investor. Located in a highly desirable area, this duplex is just steps away from all the amenities that make this neighborhood so popular. Don't miss your chance to own this stunning duplex in a prime location!

Last Listed By

Henry Torn

ListWithFreedom.com License #471018202 Listed on: 04/06/2023

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,853

Year Built

  • Built in 1903

Lot Details

  • Lot Dimensions are 82x66
  • Cul-De-Sac

Home Design

  • Victorian Architecture
  • Shake Roof
  • Vinyl Siding
  • Concrete Perimeter Foundation

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Additional Features

  • 2-Story Property
  • Patio
  • Forced Air Heating System

Community Details

  • 2 Units
  • J.G. Clark's Subdivision

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,853

Year Built

Built in 1903

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Victorian
  • New Construction: No
  • Subdivision Name: J.G. Clark's
  • Year Built: 1903
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner,Range Hood
  • MRD_AppliancesAndFeatures: Refrigerator,Washer,Dryer,Dishwasher,Microwave,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 279000
  • Lot Features: Cul-De-Sac
  • Roof: Shake
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Forced Air
  • Water Source: Public

Schools

  • Middle/Junior School District: 4

Lot Info

  • Lot Dimensions: 82X66
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 3853.14
  • Tax Year: 2021

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Aug 14, 2023
Sold by
Dixon Scott A
Bought by
San Diego Anthony and Westerhout Lynne
Seller's Agent
Henry Torn
ListWithFreedom.com
Buyer's Agent
Tonia Ribbe
eXp Realty,LLC-Mahomet
List Price
$279,000
Sold Price
$284,000
Premium/Discount to List
$5,000
1.79%
Total Days on Market
99
Views
73
Current Estimated Value
$285,027

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,027
Avg. Annual Appreciation
0.70%
Original Mortgage
$198,800
Outstanding Balance
$195,667
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$91,783

Purchase Details

Closed on
Nov 12, 2013
Sold by
Silkwood Larry R
Bought by
Dixon Scott A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,925
Interest Rate
4.24%
Mortgage Type
Commercial

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
San Diego Anthony $284,000 None Listed On Document
Dixon Scott A $99,900 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open San Diego Anthony $198,800
Previous Owner Dixon Scott A $155,400
Previous Owner Dixon Scott A $74,925
Previous Owner Spencer Robert A $88,900
Previous Owner Spencer Robert A $55,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2023 08/17/23 Sold $284,000 +1.8% $275 / Sq Ft
07/15/2023 07/15/23 Pending -- -- --
07/08/2023 07/08/23 For Sale $279,000 0.0% $270 / Sq Ft
04/12/2023 04/12/23 Pending -- -- --
04/06/2023 04/06/23 For Sale $279,000 -- $270 / 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 $4,198 $51,120 $11,280 $39,840
2023 $4,198 $46,550 $10,270 $36,280
2022 $3,949 $42,940 $9,470 $33,470
2021 $3,853 $42,090 $9,280 $32,810
2020 $3,711 $40,470 $8,920 $31,550
2019 $3,592 $39,640 $8,740 $30,900
2018 $3,510 $39,010 $8,600 $30,410
2017 $3,389 $37,510 $8,270 $29,240
2016 $3,039 $36,740 $8,100 $28,640
2015 $3,062 $36,090 $7,960 $28,130
2014 $3,036 $36,090 $7,960 $28,130
2013 $3,009 $36,090 $7,960 $28,130
Source: Public Records

Agents Affiliated with this Home

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Source: Midwest Real Estate Data (MRED)

MLS Number: 11753705

Midwest Real Estate Data (MRED)

APN: 43-20-13-102-015