NOT LISTED FOR SALE

503 Krebs Dr Champaign, IL 61822

Estimated Value: $289,000 - $350,000

3 Beds
2 Baths
1,540 Sq Ft
$203/Sq Ft Est. Value

Last Sold August 26, 2022

Last sale price $257,000 $167 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $2,322/month

3 Days on Market

About This Home

As of August 2022

Welcome to your better-than-new home with open split floor plan! The entryway with arched doorway welcomes you to the open great room with cathedral ceilings and rich laminate floors. The casual dining area leads to the covered patio for relaxing or entertaining on the park! Back inside, the kitchen features a breakfast bar island with a deep sink, plenty of cabinets, lovely quartz counters, an exterior vented range hood, and stainless steel appliances. Modern light fixtures complete the common areas. The primary suite boasts a private bath with double sinks, large shower, and walk-in closet. All of the bedrooms have plenty of light and space. There are various storage/linen closets throughout the home for additional space. Better-than-new features: washer and dryer stay, lovely while faux wood blinds, curtains, built-in cabinetry in the great room, the great park views, and a radon mitigation system is already installed! Near bus lines, Toalson Park, and North Prospect shopping; do not miss this easy-to-own home!

Last Agent to Sell the Property

Mariya Vandivort

AroundCU Real Estate Company License #471020360 Listed on: 08/05/2022

Last Buyer's Agent

Russ Taylor

Taylor Realty Associates License #471001422

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,035

Year Built

2015

Lot Details

0

HOA Fees

$6 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Contemporary
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 2015
  • Age: 6-10 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 3058 ASHLAND PARK SUB 3
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood, Range Hood
  • Basement: None
  • Accessibility Features: Door Width 32 Inches or More, Entry Slope less than 1 foot, Main Level Entry, No Interior Steps
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Interior Amenities: Vaulted/Cathedral Ceilings, Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Walk-In Closet(s), Some Wall-To-Wall Cp
  • LivingArea: 1540
  • Other Equipment: CO Detectors, Ceiling Fan(s), Radon Mitigation System
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1540
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Total Sq Ft: 1540
  • Basement Sq Ft: 0
  • Total Sq Ft: 1540
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1540
  • Lower Level Sq Ft: 0
  • Window Features: Double Pane Windows
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Builder

Exterior Features

  • ExteriorFeatures: Patio
  • Foundation Details: Concrete Perimeter
  • List Price: 259900
  • Lot Features: Park Adjacent
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Electric, Forced Air, Heat Pump
  • Laundry Features: Electric Dryer Hookup, In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 75
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Ashland Park
  • Management Contact Name: https://ashlandparkhoa.org/
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: Other

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Size Acres: 0.12
  • Lot Dimensions: 50 X 100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 6406.32
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2022
Closed on
Aug 22, 2022
Sold by
Li and Shiyao
Bought by
Salle Ben W
Seller's Agent
Mariya Vandivort
AroundCU Real Estate Company
Buyer's Agent
Russ Taylor
Taylor Realty Associates
List Price
$259,900
Sold Price
$257,000
Premium/Discount to List
-$2,900
-1.12%
Current Estimated Value
$313,231

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,231
Avg. Annual Appreciation
5.81%

Purchase Details

Closed on
Mar 8, 2017
Sold by
Strauser David R and Strauser Mary Chryst
Bought by
Li Weihao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,900
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 22, 2015
Closed on
Aug 25, 2015
Sold by
Tag Residential Llc Series Ashland Pa
Bought by
Strauser David R
Seller's Agent
Barbara Gallivan
KELLER WILLIAMS-TREC
Buyer's Agent
Barbara Gallivan
KELLER WILLIAMS-TREC
List Price
$208,099
Sold Price
$208,099

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.84%
Original Mortgage
$197,694
Interest Rate
4.09%
Mortgage Type
New Conventional
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
Salle Ben W $257,000 None Listed On Document
Li Weihao $200,000 Attorney
Strauser David R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Li Weihao $79,900
Previous Owner Strauser David R $197,694
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2022 08/26/22 Sold $257,000 -1.1% $167 / Sq Ft
08/09/2022 08/09/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $259,900 +24.9% $169 / Sq Ft
08/10/2015 08/10/15 Sold $208,099 0.0% $135 / Sq Ft
06/22/2015 06/22/15 Pending -- -- --
06/22/2015 06/22/15 For Sale $208,099 -- $135 / 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 $7,035 $92,240 $16,520 $75,720
2023 $7,035 $84,010 $15,050 $68,960
2022 $6,575 $77,500 $13,880 $63,620
2021 $6,406 $75,980 $13,610 $62,370
2020 $6,213 $73,760 $13,210 $60,550
2019 $6,002 $72,240 $12,940 $59,300
2018 $5,859 $71,110 $12,740 $58,370
2017 $5,751 $69,650 $12,480 $57,170
2016 $5,146 $68,210 $12,220 $55,990
2015 $25 $67,000 $12,000 $55,000
2014 $25 $300 $300 $0
2013 $25 $300 $300 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11484159

Midwest Real Estate Data (MRED)

APN: 41-14-36-117-011