407 W University Ave Unit 304 Champaign, IL 61820
Downtown Champaign NeighborhoodEstimated Value: $156,000 - $194,000
2
Beds
2
Baths
1,329
Sq Ft
$392/mo
HOA Fee
Highlights
- Elevator
- Balcony
- Storage
- Central High School Rated A
- 1 Car Attached Garage
- 1-minute walk to West Side Park
About This Home
As of March 2023Welcome to The Oaks a high rise luxury condo enriched in history with lovely views and within walking distance of restaurants and bars. Located on the 3rd floor, this condo is filled with natural light. Priced to sell with room for upgrades featuring two bedrooms, two baths, spacious kitchen with so much prep space, separate dining room, and roomy living room. Ample closet space throughout and a shared storage unit is next door. A true favorite of the seller is the southern exposure from all the rooms and the large balcony. This highly esteemed condo features secure lobby, secure heated underground parking and an elevator. The building and HOA have so much to offer, updated commons, newer windows, on-demand hot water, sewer, family basic cable, trash/recycling, laundry facilities, exterior maintenance, and on-site custodian. Enjoy this central location in the heart of lively Champaign.
Last Agent to Sell the Property
Coldwell Banker R.E. Group License #475135864 Listed on: 02/04/2023
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $1,850
Year Built
- Built in 1966
Lot Details
- 1,394
HOA Fees
- $392 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Parking Included in Price
Home Design
- Brick Exterior Construction
Interior Spaces
- 1,329 Sq Ft Home
- Combination Dining and Living Room
- Storage
Kitchen
- Range with Range Hood
- Dishwasher
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 2 Full Bathrooms
Outdoor Features
- Balcony
Schools
- Unit 4 Of Choice Elementary School
- Champaign/Middle Call Unit 4 351
- Central High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
Community Details
Overview
- Association fees include water, insurance, exterior maintenance, lawn care, snow removal
- 24 Units
- Louise Turk Association, Phone Number (616) 446-9405
- Property managed by Treasurer
- 7-Story Property
Amenities
- Laundry Facilities
- Elevator
- Community Storage Space
Pet Policy
- Pets up to 45 lbs
- Limit on the number of pets
- Dogs and Cats Allowed
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 4, 2023
Closed on
Mar 30, 2023
Sold by
Mussey Carol J
Bought by
Zhang Tingting
Seller's Agent
Reggie Taylor
Coldwell Banker R.E. Group
Buyer's Agent
Creg McDonald
Realty Select One
List Price
$150,000
Sold Price
$145,000
Premium/Discount to List
-$5,000
-3.33%
Views
81
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$31,477
Avg. Annual Appreciation
10.83%
Similar Homes in Champaign, IL
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zhang Tingting | $145,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Mussey Carol J | $26,500 | |
| Previous Owner | Mussey Carol J | $25,989 | |
| Previous Owner | Mussey Carol J | $16,750 | |
| Previous Owner | Mussey Carol J | $55,700 | |
| Previous Owner | Mussey Carol J | $56,000 | |
| Previous Owner | Mussey Carol J | $33,500 | |
| Previous Owner | Mussey Carol J | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/30/2023 03/30/23 | Sold | $145,000 | -3.3% | $109 / Sq Ft |
| 02/09/2023 02/09/23 | Pending | -- | -- | -- |
| 02/04/2023 02/04/23 | For Sale | $150,000 | -- | $113 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $3,089 | $44,200 | $1,660 | $42,540 |
| 2023 | $3,089 | $40,250 | $1,510 | $38,740 |
| 2022 | $1,858 | $37,130 | $1,390 | $35,740 |
| 2021 | $1,850 | $36,400 | $1,360 | $35,040 |
| 2020 | $1,853 | $35,000 | $1,310 | $33,690 |
| 2019 | $1,831 | $34,280 | $1,280 | $33,000 |
| 2018 | $1,819 | $33,740 | $1,260 | $32,480 |
| 2017 | $1,826 | $32,440 | $1,210 | $31,230 |
| 2016 | $1,672 | $31,770 | $1,180 | $30,590 |
| 2015 | $1,715 | $31,210 | $1,160 | $30,050 |
| 2014 | $1,700 | $31,210 | $1,160 | $30,050 |
| 2013 | $1,685 | $31,210 | $1,160 | $30,050 |
Source: Public Records
Agents Affiliated with this Home
-
Reggie Taylor
Seller's Agent in 2023
Reggie Taylor
Coldwell Banker R.E. Group
(217) 419-0141
4 in this area
281 Total Sales
-
Creg McDonald
Buyer's Agent in 2023
Creg McDonald
Realty Select One
(217) 493-8341
25 in this area
813 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11710546
APN: 42-20-12-380-011
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