NOT LISTED FOR SALE

429 E Fairlawn Dr Unit 164 Urbana, IL 61801

Fairlawn Park Neighborhood

Estimated Value: $163,000 - $180,999

2 Beds
2 Baths
1,160 Sq Ft
$120/mo HOA Fee

Last Sold July 26, 2019

Last sale price $113,000 $97 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $1,446/month

508 Days on Market

Highlights

  • Vaulted Ceiling
  • Property is near a bus stop
  • Heating System Uses Gas
  • Detached Garage
  • Central Air
  • Gas Log Fireplace

About This Home

As of July 2019

Convenient second floor condo in Fairlawn Village, close to the University of Illinois campus. Features include: cathedral ceilings, large walk in closets, separate utility room, washer and dryer, 1 car detached garage, gas log fireplace and balcony. The monthly condo dues cover snow removal, lawn care, trash, exterior maintenance and insurance.

Last Agent to Sell the Property

Mary Jo Rogers

Coldwell Banker R.E. Group License #475087882 Listed on: 02/03/2018

Last Buyer's Agent

Michael Carter

Century 21 New HeritageII-Hamp

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,840

Year Built

  • 2007

Lot Details

  • 1,394

HOA Fees

  • $120 per month

Parking

  • Detached Garage
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Block Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Interior Spaces

  • Primary Bathroom is a Full Bathroom
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Laundry on upper level

Location

  • Property is near a bus stop

Utilities

  • Central Air
  • Heating System Uses Gas

Community Details

  • Pets Allowed

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,840

Year Built

2007

Lot Details

0

HOA Fees

$120 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • General Information: School Bus Service, Commuter Bus
  • Unit Floor Level: 2
  • Age: 11-15 Years
  • Full Bathrooms: 2
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 2
  • Total Sq Ft: 1160
  • Estimated Year Built: 2007
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2
  • Year Built: 2007

Interior Features

  • Interior Property Features: Vaulted/Cathedral Ceilings, 2nd Floor Laundry
  • Number Of Rooms: 5
  • Living Room: Dimensions: 15X15, On Level: 2nd Level, Flooring: Carpet
  • Fireplace Details: Gas Logs
  • Fireplace Location: Living Room, Master Bedroom
  • Bedrooms All Levels: 2
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 6X7, On Level: 2nd Level, Flooring: Vinyl
  • Dining Room: Dimensions: 10X7, On Level: 2nd Level
  • Kitchen Type: Dimensions: 9X9, On Level: 2nd Level, Flooring: Vinyl
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: 2nd Level
  • Bedroom 2: Dimensions: 12X12, On Level: 2nd Level
  • Estimated Sq Ft: 1160
  • Estimated Total Finished Sq Ft: 1160
  • Upper Level Sq Ft: 1160

Exterior Features

  • Foundation: Block
  • Exterior Building Type: Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Electric

Condo/Co-op/Association

  • Max Pet Weight: 999
  • Pets Allowed: Yes
  • Fee Frequency: Monthly
  • Pet Information: Cats OK, Dogs OK
  • Assessment Association Fees: 120

Schools

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

Lot Info

  • Lot Dimensions: 1
  • Parcel Identification Number: 932117428166

Multi Family

  • Total Number Unitsin Building: 8
  • Number Stories: 2

Tax Info

  • Taxes: 3819.96

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
Castle Haven Properties Llc
Bought by
Fairlawn Village Development Llc
Current Estimated Value
$167,133

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,900,000
Outstanding Balance
$6,456,410
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
-$6,291,679

Purchase Details

Closed on
Jul 16, 2009
Sold by
Villas At Fairlawn Llc
Bought by
Hung John Edmond Tak Chi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,500
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Fairlawn Village Development Llc $117,000 None Listed On Document
Hung John Edmond Tak Chi $124,500 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fairlawn Village Development L $3,000,000
Open Fairlawn Village Development Llc $6,900,000
Previous Owner Hung John $63,000
Previous Owner Hung John Edmond Tak Chi $73,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2019 07/26/19 Sold $113,000 -7.8% $97 / Sq Ft
06/26/2019 06/26/19 Pending -- -- --
08/12/2018 08/12/18 Price Changed $122,500 -3.9% $106 / Sq Ft
02/03/2018 02/03/18 For Sale $127,500 -- $110 / 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 $4,840 $56,440 $11,300 $45,140
2023 $4,840 $51,500 $10,310 $41,190
2022 $5,133 $47,420 $9,490 $37,930
2021 $4,770 $44,190 $8,840 $35,350
2020 $4,480 $41,650 $8,330 $33,320
2019 $3,725 $41,650 $8,330 $33,320
2018 $3,713 $41,940 $8,390 $33,550
2017 $3,841 $41,940 $8,390 $33,550
2016 $3,820 $41,940 $8,390 $33,550
2015 $3,862 $41,940 $8,390 $33,550
2014 $3,810 $41,940 $8,390 $33,550
2013 $3,760 $41,940 $8,390 $33,550
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09849893

Midwest Real Estate Data (MRED)

APN: 93-21-17-428-166