NOT LISTED FOR SALE

503 N Elm St Champaign, IL 61820

Estimated Value: $111,000 - $201,000

4 Beds
2 Baths
1,996 Sq Ft
$84/Sq Ft Est. Value

Last Sold November 11, 2021

Last sale price $152,810 $77 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $1,114/month

34 Days on Market

Highlights

  • Formal Dining Room
  • Detached Garage
  • 5-minute walk to West Side Park
  • Central High School Rated A
  • Senior Tax Exemptions

About This Home

As of November 2021

What a great deal! 4 Bedroom home with finished basement! New Roof, New Furnace & A/C, Carpet! Inviting Front Porch to enjoy the evenings. Large Living Room, Separate Dining Room, Office, Plenty of natural lighting with all of the large windows. Family Room, 5th Bedroom (no egress Window), Kitchenette & Laundry in the Basement. Nice large patio area for entertaining. Detached Garage. All of the expensive work is done. Be sure to see this house soon, at this price it won't last long! Seller is offering $3,000 towards closing costs/pre-paids with acceptable offer!

Last Agent to Sell the Property

Brian Hannon

Taylor Realty Associates License #471019689 Listed on: 08/05/2021

Last Buyer's Agent

Rick Wilberg

eXp Realty-Champaign License #475126832

eXp Realty-Champaign

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,170

Year Built

  • 1904

Lot Details

  • 3,920

Parking

  • Detached Garage
  • Parking Included in Price

Interior Spaces

  • 1,996 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room

Partially Finished Basement

  • Bedroom in Basement
  • Recreation or Family Area in Basement
  • Finished Basement Bathroom

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,170

Year Built

1904

Lot Details

0

Parking

1

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 100+ 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: NORTH 62' OF LOT 12 HULINGS ADD OF TOWN LOTS
  • Directions: Elm St, north of Washington
  • Lot Size: 62 X 66
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1904

Interior Features

  • Has Basement: Full
  • Estimated Total Finished Sq Ft: 1996
  • Assessed Sq Ft: 756
  • Basement Description: Partially Finished,Rec/Family Area,Sleeping Area
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1375
  • Basement Sq Ft: 744
  • Square Footage Comments: photo tour company
  • Total Sq Ft: 2119
  • Unfinished Basement Sq Ft: 123
  • Upper Level Sq Ft: 675
  • Main Level Sq Ft: 700
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Below Grade Sq Ft: 621
  • Interior Amenities: Some Carpeting, Separate Dining Room, Some Wall-To-Wall Cp
  • Dining Room Type: Office

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Porch
  • Exterior Building Type: Other
  • Lot Features: Corner Lot
  • Waterfront: No

Garage/Parking

  • Number of Cars: 1.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 1.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner,Senior
  • Tax Annual Amount: 1037.88
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2021
Closed on
Oct 27, 2021
Sold by
Cl Cassel Llc
Bought by
Butler John C and Butler Margaret J
Seller's Agent
Brian Hannon
Taylor Realty Associates
Buyer's Agent
Rick Wilberg
eXp Realty-Champaign
List Price
$159,900
Sold Price
$152,810
Premium/Discount to List
-$7,090
-4.43%
Current Estimated Value
$167,461

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$14,651
Avg. Annual Appreciation
2.57%
Original Mortgage
$122,248
Outstanding Balance
$114,940
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$52,521

Purchase Details

Closed on
Jun 29, 2021
Sold by
Illini Home Buyers Llc
Bought by
C L Cassel Llc

Purchase Details

Closed on
Jun 4, 2021
Sold by
Durso James R and Durso James R
Bought by
Illini Home Buyers Llc

Purchase Details

Closed on
Aug 15, 2016
Sold by
Urso James R D and Urso Beverly J D
Bought by
Urso James R D and Urso Beverly J D
Source: Public Records

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Range of Values:

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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
Butler John C $153,000 None Available
C L Cassel Llc $82,500 Act
Illini Home Buyers Llc $60,000 Act
Urso James R D -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Butler John C $122,248
Previous Owner Urso James R D $90,000
Previous Owner Durso James R $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/11/2021 11/11/21 Sold $152,810 -4.4% $77 / Sq Ft
09/09/2021 09/09/21 Pending -- -- --
08/05/2021 08/05/21 For Sale $159,900 -- $80 / 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 $2,170 $26,410 $4,850 $21,560
2023 $2,170 $24,060 $4,420 $19,640
2022 $2,041 $22,200 $4,080 $18,120
2021 $985 $21,760 $4,000 $17,760
2020 $1,038 $22,320 $4,100 $18,220
2019 $985 $21,870 $4,020 $17,850
2018 $948 $21,530 $3,960 $17,570
2017 $952 $21,530 $3,960 $17,570
2016 $835 $21,090 $3,880 $17,210
2015 $825 $20,720 $3,810 $16,910
2014 $818 $20,720 $3,810 $16,910
2013 $810 $20,720 $3,810 $16,910
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11180731

Midwest Real Estate Data (MRED)

APN: 42-20-12-181-015