NOT LISTED FOR SALE

502 Wildwood Ct Champaign, IL 61821

Estimated Value: $191,000 - $217,000

4 Beds
1.5 Baths
1,320 Sq Ft
$158/Sq Ft Est. Value

Last Sold August 27, 2024

Last sale price $199,000 $151 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,456/month

75 Days on Market

Highlights

  • Main Floor Bedroom
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Centennial High School Rated A-
  • Bungalow

About This Home

As of August 2024

Welcome to this charming bungalow nestled on a picturesque corner lot in the heart of Champaign, offering utmost convenience to shopping, downtown, the University of Illinois, and local hospitals, with quick access to the interstate. Boasting two inviting living rooms and a basement providing ample living space or storage options, this home radiates warmth and character. Adorned with oak hardwood floors throughout much of its interior, it exudes timeless appeal. Enter outside to discover a quaint and private backyard patio, perfect for relaxing or entertaining guests. Additional storage awaits in the open attic space above the garage, ensuring organizational ease. With 5 bedrooms,1.5 bathrooms, and a kitchen brimming with cabinet space, this home is as functional as it is delightful. Immaculately maintained and awaiting its new owners, seize the opportunity to make this your own haven. Don't let this gem slip away!

Last Agent to Sell the Property

Magen Lane

KELLER WILLIAMS-TREC Brokerage Phone: (217) 898-4240 License #475175028 Listed on: 05/06/2024

KELLER WILLIAMS-TREC

Last Buyer's Agent

Lisa Duncan

KELLER WILLIAMS-TREC License #475142322

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,734

Year Built

  • Built in 1950

Lot Details

  • Lot Dimensions are 94.85 x 51.3

Parking

  • 1 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Bungalow
  • Vinyl Siding

Interior Spaces

  • 1,320 Sq Ft Home
  • 1.5-Story Property
  • Carbon Monoxide Detectors

Kitchen

  • Range with Range Hood
  • Microwave
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • Main Floor Bedroom

Laundry

  • Dryer
  • Washer

Partially Finished Basement

  • Partial Basement
  • Sump Pump

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 60 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,734

Year Built

Built in 1950

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bungalow
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Year Built: 1950
  • Age: 71-80 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 1 BARTH SUB
  • ResoPropertyType: Residential
  • AttributionContact: (217) 898-4240
  • Attribution Contact: (217) 898-4240
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Disposal, Dryer, Microwave, Range Hood, Range, Refrigerator, Washer
  • Basement: Partial
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Below Grade Finished Sq Ft: 360
  • Interior Amenities: First Floor Bedroom
  • LivingArea: 1320
  • Other Equipment: TV-Cable, Sump Pump, CO Detectors
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1680
  • Basement Description: Partially Finished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1320
  • Basement Sq Ft: 760
  • Total Sq Ft: 2080
  • Unfinished Basement Sq Ft: 400
  • Upper Level Sq Ft: 360
  • Main Level Sq Ft: 960
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Plans

Exterior Features

  • List Price: 195000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: Service - 60 Amp
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Dimensions: 94.85 X 51.3
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 3733.71
  • Tax Year: 2022
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2024
Closed on
Aug 19, 2024
Sold by
Li Yao
Bought by
Almaraz Danielle
Seller's Agent
Magen Lane
KELLER WILLIAMS-TREC
Buyer's Agent
Lisa Duncan
KELLER WILLIAMS-TREC
List Price
$195,000
Sold Price
$199,000
Premium/Discount to List
$4,000
2.05%
Views
109
Current Estimated Value
$207,945

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,945
Avg. Annual Appreciation
4.36%
Original Mortgage
$159,200
Outstanding Balance
$157,655
Interest Rate
6.77%
Mortgage Type
New Conventional
Estimated Equity
$50,290

Purchase Details

Listed on
Jul 12, 2017
Closed on
Jun 25, 2018
Sold by
Hoerman James E and Hoerman Nancy J
Bought by
Li Yao
Seller's Agent
Jennifer McLennand
eXp Realty-Schaumburg
Buyer's Agent
Scott Bechtel
KELLER WILLIAMS-TREC
List Price
$145,900
Sold Price
$141,000
Premium/Discount to List
-$4,900
-3.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.73%
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
Almaraz Danielle $199,000 None Listed On Document
Li Yao $141,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Almaraz Danielle $159,200
Previous Owner Hoerman James E $65,000
Previous Owner Hoerman James E $55,000
Previous Owner Hoerman James E $70,000
Previous Owner Hoerman James E $13,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/27/2024 08/27/24 Sold $199,000 +2.1% $151 / Sq Ft
07/03/2024 07/03/24 Pending -- -- --
06/16/2024 06/16/24 Price Changed $195,000 0.0% $148 / Sq Ft
06/16/2024 06/16/24 For Sale $195,000 -2.0% $148 / Sq Ft
06/15/2024 06/15/24 Off Market $199,000 -- --
04/18/2024 04/18/24 For Sale $209,900 +48.9% $159 / Sq Ft
06/25/2018 06/25/18 Sold $141,000 -2.7% $107 / Sq Ft
05/13/2018 05/13/18 Pending -- -- --
04/13/2018 04/13/18 Price Changed $144,900 -0.7% $110 / Sq Ft
11/15/2017 11/15/17 For Sale $145,900 +3.5% $111 / Sq Ft
11/12/2017 11/12/17 Off Market $141,000 -- --
07/12/2017 07/12/17 For Sale $145,900 -- $111 / 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 $3,985 $55,110 $6,750 $48,360
2023 $3,985 $50,190 $6,150 $44,040
2022 $3,706 $46,300 $5,670 $40,630
2021 $3,606 $45,390 $5,560 $39,830
2020 $3,452 $43,650 $5,350 $38,300
2019 $3,330 $42,750 $5,240 $37,510
2018 $2,797 $42,080 $5,160 $36,920
2017 $2,669 $40,540 $4,970 $35,570
2016 $2,375 $39,710 $4,870 $34,840
2015 $2,376 $39,000 $4,780 $34,220
2014 $2,356 $39,000 $4,780 $34,220
2013 $2,334 $39,000 $4,780 $34,220
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12033001

Midwest Real Estate Data (MRED)

APN: 43-20-14-102-007