NOT LISTED FOR SALE

Estimated Value: $33,247 - $233,000

0.32 Acre
$386,912 Price per Acre
13,939 Sq Ft Lot

Last Sold March 07, 2024

Last sale price $30,000

Est. 313% increase in value since last sale

Current estimated payment $776/month

2 Days on Market

Highlights

  • Waterfront
  • 0.32 Acre Lot
  • 2-minute walk to Phillips Recreation Center

About This Lot

As of March 2024

Here is the opportunity to purchase approximately 13,800 square feet (0.32 of an acre) consisting of 2 contiguous parcels, near downtown Urbana. Each of these lots previously had homes that were removed and cleared several years ago. Currently zoned R-2, a single-family home can be built by right. Any other use would need to be approved with a variance.

Last Agent to Sell the Property

Joe Zalabak

KELLER WILLIAMS-TREC License #475151471 Listed on: 02/05/2024

KELLER WILLIAMS-TREC

Last Buyer's Agent

Missy Brashear

Dermel Realty License #471010572

Property Details

Property Type

  • Land

Lot Details

  • 0.32 Acre Lot
  • Lot Dimensions are 92x152x14x67x180
  • Waterfront
  • Additional Parcels
  • Property is zoned SINGL

Schools

  • Leal Elementary School
  • Urbana Middle School
  • Urbana High School

Additional Features

  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Property Type: Land
  • Property Type: Land
  • Ownership: Fee Simple
  • Road Surface Type: Asphalt
  • General Information: Flood Zone (Partial)
  • Legal Description: LOTS PT 2, PT 3 SUB OF LT A OF SUB OF S PT SW 1/4 SW 1/4 SEC. 8-19-9 AND LOTS PT 4, PT 5 PORTER REPLAT AND LOT PT 3 SUB OF LT A OF SUB OF S PT SW 1/4 SW 1/4 SEC. 8-19-9 AND LOT PT 5 PORTER REPLAT
  • ResoPropertyType: Land
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Basement Bathrooms: No

Exterior Features

  • Frontage Length: 92
  • Frontage Type: City Street
  • List Price: 30000
  • Waterfront: Yes

Utilities

  • Utilities: Electric Nearby, Gas Nearby, Sanitary Sewer, Water Nearby

Schools

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

Lot Info

  • Additional Parcels Description: 912108381003
  • Additional Parcels: Yes
  • Lot Size Acres: 0.32
  • Lot Dimensions: 92X152X14X67X180
  • Zoning: SINGL
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Building Info

  • Building(s) on Land: Yes

Tax Info

  • Tax Annual Amount: 2325
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2024
Closed on
Mar 7, 2024
Sold by
Foste Darrel J
Bought by
D1103 Properties Llc
Seller's Agent
Joe Zalabak
KELLER WILLIAMS-TREC
Buyer's Agent
Missy Brashear
Dermel Realty
List Price
$30,000
Sold Price
$30,000
Views
8
Current Estimated Value
$123,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,812
Avg. Annual Appreciation
9.38%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
D1103 Properties Llc $30,000 Chicago Title
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2024 03/07/24 Sold $30,000 0.0% --
02/08/2024 02/08/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $30,000 -- --
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 $1,219 $12,560 $12,560 --
2023 $1,219 $11,460 $11,460 $0
2022 $1,142 $10,550 $10,550 $0
2021 $1,061 $9,830 $9,830 $0
2020 $1,026 $9,540 $9,540 $0
2019 $997 $9,540 $9,540 $0
2018 $993 $9,610 $9,610 $0
2017 $1,027 $9,610 $9,610 $0
2016 $992 $9,330 $9,330 $0
2015 $968 $9,330 $9,330 $0
2014 $1,163 $10,970 $9,010 $1,960
2013 $1,171 $11,190 $9,190 $2,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11973888

Midwest Real Estate Data (MRED)

APN: 91-21-08-381-003