502 W John St Champaign, IL 61820
Clark Neighborhood
4
Beds
2
Baths
1,947
Sq Ft
5,227
Sq Ft Lot
Highlights
- Wood Flooring
- Main Floor Bedroom
- Formal Dining Room
- Central High School Rated A
- Corner Lot
- 1-minute walk to Harris Park
About This Home
As of October 2024CALLING ALL INVESTORS!! Opportunity is knocking and we have the keys! This property has been completely gutted and ready for the new owners to transform the house into a beautiful home featuring almost two thousand square feet of living space sitting on a full basement. This was a rental property and believed to originally have been a duplex. The owner had installed a new architecturally shingled roof and vinyl siding during ownership. This home is in a very desirable location on the bus route, near parks and close proximity to the University of Illinois, library, downtown Champaign and more. Due to property being non-habitable, this will need to be a cash purchase or commercial loan for consideration. Property to be sold in AS-IS Condition.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $5,052
Year Built
- Built in 1913
Lot Details
- 5,227 Sq Ft Lot
- Lot Dimensions are 66x82
- Corner Lot
Home Design
- Vinyl Siding
Interior Spaces
- 1,947 Sq Ft Home
- 2-Story Property
- Family Room
- Living Room
- Formal Dining Room
- Unfinished Basement
- Partial Basement
- Carbon Monoxide Detectors
- Laundry Room
Flooring
- Wood
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
- Main Floor Bedroom
- 2 Full Bathrooms
Parking
- 3 Parking Spaces
- Uncovered Parking
- Parking Included in Price
Outdoor Features
- Porch
Schools
- Unit 4 Of Choice Elementary School
- Champaign/Middle Call Unit 4 351
- Central High School
Utilities
- No Cooling
- Forced Air Heating System
- Heating System Uses Natural Gas
- Cable TV Available
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 15, 2024
Closed on
Oct 15, 2024
Sold by
Joseph M Allan Self Declaration Of Trust and Allan Joseph M
Bought by
Premier Property Partners 1 Llc and Dani Rei Llc
Seller's Agent
Eddie Mullins
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Ryan Dallas
RYAN DALLAS REAL ESTATE
List Price
$149,900
Sold Price
$115,000
Premium/Discount to List
-$34,900
-23.28%
Total Days on Market
173
Views
687
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
$21,895
Avg. Annual Appreciation
36.51%
Purchase Details
Closed on
Dec 28, 2010
Sold by
Allan Joseph M and Allan Joseph
Bought by
Allan Joseph M
Map
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Similar Homes in Champaign, IL
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $115,000 | None Listed On Document | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $60,000 | New Conventional | |
| Previous Owner | $108,000 | Credit Line Revolving |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/15/2024 10/15/24 | Sold | $115,000 | +0.1% | $59 / Sq Ft |
| 09/05/2024 09/05/24 | Pending | -- | -- | -- |
| 09/03/2024 09/03/24 | Price Changed | $114,900 | -8.0% | $59 / Sq Ft |
| 07/02/2024 07/02/24 | Price Changed | $124,900 | -7.4% | $64 / Sq Ft |
| 05/09/2024 05/09/24 | Price Changed | $134,900 | -6.9% | $69 / Sq Ft |
| 04/01/2024 04/01/24 | Price Changed | $144,900 | -3.3% | $74 / Sq Ft |
| 03/15/2024 03/15/24 | For Sale | $149,900 | -- | $77 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
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 | $5,052 | $61,510 | $15,440 | $46,070 |
| 2023 | $5,052 | $56,020 | $14,060 | $41,960 |
| 2022 | $4,752 | $51,680 | $12,970 | $38,710 |
| 2021 | $4,639 | $50,670 | $12,720 | $37,950 |
| 2020 | $4,467 | $48,720 | $12,230 | $36,490 |
| 2019 | $4,324 | $47,720 | $11,980 | $35,740 |
| 2018 | $4,227 | $46,970 | $11,790 | $35,180 |
| 2017 | $4,082 | $45,170 | $11,340 | $33,830 |
| 2016 | $3,659 | $44,240 | $11,110 | $33,130 |
| 2015 | $3,687 | $43,450 | $10,910 | $32,540 |
| 2014 | $3,655 | $43,450 | $10,910 | $32,540 |
| 2013 | $3,622 | $43,450 | $10,910 | $32,540 |
Source: Public Records
Source: Midwest Real Estate Data (MRED)
MLS Number: 12005124
APN: 43-20-13-133-015
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