NOT LISTED FOR SALE

501 Luria Ln Champaign, IL 61822

Estimated Value: $209,000 - $223,000

2 Beds
2 Baths
1,217 Sq Ft
$179/Sq Ft Est. Value

Last Sold August 02, 2023

Last sale price $177,000 $145 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $1,533/month

5 Days on Market

Highlights

  • Vaulted Ceiling
  • Ranch Style House
  • 2 Car Attached Garage
  • Central High School Rated A
  • Formal Dining Room
  • 1-minute walk to Toalson Park

About This Home

As of August 2023

Located in Ashland Park, in proximity to shopping areas, a park, a bus line, and easy access to the highway, this 1,245 square-foot single-family ranch is move-in ready. Bright, spacious, and well-kept, the property includes 2 bedrooms and 2 bathrooms with plenty of backyard for relaxation and entertainment. The kitchen is a functional kitchen with updated appliances giving it a sleek and modern look. Following an open-concept floor plan, the kitchen area overlooks the dining and living areas with easy access to the backyard. The backyard includes a patio and outdoor living, perfect for family cookouts and gatherings! The master suite includes a private full bath and walk-in closet. You don't want to miss out on this one! Call and schedule a tour today!

Last Agent to Sell the Property

Atif Irfan

KELLER WILLIAMS-TREC License #475184926 Listed on: 07/15/2023

KELLER WILLIAMS-TREC

Last Buyer's Agent

Atif Irfan

KELLER WILLIAMS-TREC License #475184926 Listed on: 07/15/2023

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,402

Year Built

  • Built in 2008

Lot Details

  • 5,184

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Interior Spaces

  • 1,217 Sq Ft Home
  • Vaulted Ceiling
  • Family Room
  • Living Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Range with Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio

Schools

  • Unit 4 Of Choice Elementary School
  • Champaign/Middle Call Unit 4 351
  • Central High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • Ashland Park Subdivision

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,402

Year Built

Built in 2008

Lot Details

0

HOA Fees

$7 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Ashland Park
  • Year Built: 2008
  • Age: 11-15 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 1170, ASHLAND PARK SUBDIVISION, PHASE I
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Dishwasher, Disposal, Microwave, Range Hood, Range
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: First Floor Bedroom, Vaulted/Cathedral Ceilings
  • LivingArea: 1217
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1217
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1217
  • Flooring: Carpet
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Patio
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Electric, Forced Air, Heat Pump
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 85
  • Association Fee Frequency: Annually
  • Community Features: Sidewalks
  • Master Association Fee Frequency: Not Required
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Central High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 0
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 4402.04
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Jul 27, 2023
Sold by
Latif Kashif and Hussain Shazia
Bought by
Hayat Khizar and Manzoor Hafiza Yasmin
Seller's Agent
Atif Irfan
KELLER WILLIAMS-TREC
Buyer's Agent
Atif Irfan
KELLER WILLIAMS-TREC
List Price
$185,000
Sold Price
$177,000
Premium/Discount to List
-$8,000
-4.32%
Views
54
Current Estimated Value
$217,331

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,331
Avg. Annual Appreciation
8.74%

Purchase Details

Closed on
Jan 29, 2009
Sold by
Tag Ashland Park Inc
Bought by
Latif Kashif and Hussain Shazia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,150
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Hayat Khizar $177,000 None Listed On Document
Latif Kashif $138,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Latif Kashif $110,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2023 08/02/23 Sold $177,000 -4.3% $145 / Sq Ft
07/21/2023 07/21/23 Pending -- -- --
07/15/2023 07/15/23 For Sale $185,000 -- $152 / 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 $4,679 $56,970 $14,160 $42,810
2023 $4,679 $51,890 $12,900 $38,990
2022 $4,402 $47,870 $11,900 $35,970
2021 $4,296 $46,930 $11,670 $35,260
2020 $4,177 $45,560 $11,330 $34,230
2019 $4,044 $44,630 $11,100 $33,530
2018 $3,953 $43,930 $10,930 $33,000
2017 $3,887 $43,020 $10,700 $32,320
2016 $3,485 $42,130 $10,480 $31,650
2015 $3,511 $41,380 $10,290 $31,090
2014 $3,481 $41,380 $10,290 $31,090
2013 $3,450 $41,380 $10,290 $31,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11830973

Midwest Real Estate Data (MRED)

APN: 41-14-36-116-024