NOT LISTED FOR SALE

407 S New St Champaign, IL 61820

Clark Neighborhood

Estimated Value: $289,000 - $330,525

5 Beds
2 Baths
1,032 Sq Ft
$299/Sq Ft Est. Value

Sale Details

Date Sold: August 17, 2023

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

Est. 9% increase in value since last sale

Current estimated payment $2,043 / mo

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 Agent to Sell the Property

Henry Torn

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

Last Buyer's Agent

Tonia Ribbe

Nate Evans Group License #475182313

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

5,445 Sq Ft Lot

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
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • 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
  • 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
  • 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

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2023
Closed on
Aug 14, 2023
Sold by
Bought by
Seller's Agent
Henry Torn
ListWithFreedom.com
Buyer's Agent
Tonia Ribbe
Nate Evans Group
List Price
$279,000
Sold Price
$284,000
Premium/Discount to List
$5,000
1.79%
Views
73
Current Estimated Value
$308,175

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,175
Avg. Annual Appreciation
2.97%
Original Mortgage
$198,800
Outstanding Balance
$193,591
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$114,584

Purchase Details

Closed on
Nov 12, 2013
Sold by
Bought by

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
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$284,000 None Listed On Document
$99,900 None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $198,800
Previous Owner $74,925
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,458 $57,360 $12,660 $44,700
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

  • Henry Torn

    Seller's Agent in 2023

    Henry Torn

    ListWithFreedom.com

    (847) 254-8894

    1 in this area

    482 Total Sales

    Henry Torn
    Section Image
  • Tonia Ribbe

    Buyer's Agent in 2023

    Tonia Ribbe

    Nate Evans Group

    (217) 778-3092

    2 in this area

    92 Total Sales

    Tonia Ribbe
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11753705

Midwest Real Estate Data (MRED)

APN: 43-20-13-102-015

Illinois Champaign County Champaign 61820 Clark

407 S New St, Champaign, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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