NOT LISTED FOR SALE

503 S Scottswood Dr Urbana, IL 61802

Estimated Value: $105,000 - $124,000

3 Beds
1 Bath
1,130 Sq Ft
$101/Sq Ft Est. Value

Last Sold February 28, 2023

Last sale price $82,000 $73 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $776/month

1 Day on Market

Highlights

  • Ranch Style House
  • Living Room
  • Family Room
  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of February 2023

3 Bedroom, 1 full bath home with easy access to Dr. Preston L. Williams Jr. Elementary, parks and shopping. Attached 2 car garage. Corner Lot. Newer roof.

Last Agent to Sell the Property

Elizabeth Young

KELLER WILLIAMS-TREC License #475156036 Listed on: 01/18/2023

KELLER WILLIAMS-TREC

Last Buyer's Agent

Dawn Trimble

The Real Estate Group,Inc License #475198934

The Real Estate Group,Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,557

Year Built

  • Built in 1967

Lot Details

  • Lot Dimensions are 65x100

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Ranch Style House
  • Slab Foundation

Interior Spaces

  • 1,130 Sq Ft Home
  • Family Room
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Dr. Preston L. Williams Jr. Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,557

Year Built

Built in 1967

Lot Details

0

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
  • Year Built: 1967
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 97 SCOTTSWOOD 2ND SUB
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 3
  • LivingArea: 1130
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1130
  • Assessed Sq Ft: 1177
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1130
  • Basement Sq Ft: 0
  • Total Sq Ft: 1130
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1130
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 85000
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding,Other

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: 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: Dr. Preston L. Williams Jr. Elem
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 65X100
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Tax Info

  • Tax Annual Amount: 1557.32
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2023
Closed on
Feb 28, 2023
Sold by
Britton Michele M
Bought by
Hoyt Joshua
Seller's Agent
Elizabeth Young
KELLER WILLIAMS-TREC
Buyer's Agent
Dawn Trimble
The Real Estate Group,Inc
List Price
$85,000
Sold Price
$82,000
Premium/Discount to List
-$3,000
-3.53%
Views
16
Current Estimated Value
$114,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,285
Avg. Annual Appreciation
14.62%
Original Mortgage
$65,600
Outstanding Balance
$63,667
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$51,511

Purchase Details

Closed on
Jun 8, 2006
Sold by
Mennenga Construction Inc
Bought by
Britton Michele M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,900
Interest Rate
6.66%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 12, 2005
Sold by
Leon Rossell Annette
Bought by
Mennenga Construction Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2005
Sold by
Acosta Madrigal Mario Jesus
Bought by
Leon Rossell Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,800
Interest Rate
6.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 11, 2004
Sold by
Huang Kun and Zhang Jie
Bought by
Leon Rossell Annette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000
Interest Rate
6.08%
Mortgage Type
Unknown
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
Hoyt Joshua $82,000 --
Britton Michele M $102,000 None Available
Mennenga Construction Inc $86,000 --
Leon Rossell Annette -- --
Leon Rossell Annette $75,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoyt Joshua $65,600
Previous Owner Britton Michele M $88,800
Previous Owner Britton Michele M $101,900
Previous Owner Mennenga Construction Inc $68,800
Previous Owner Leon Russell Annette $4,000
Previous Owner Leon Rossell Annette $60,400
Closed Leon Rossell Annette $10,300
Closed Hoyt Joshua $6,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2023 02/28/23 Sold $82,000 -3.5% $73 / Sq Ft
01/20/2023 01/20/23 Pending -- -- --
01/18/2023 01/18/23 For Sale $85,000 -- $75 / 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 $1,840 $29,080 $3,390 $25,690
2023 $1,840 $27,510 $3,210 $24,300
2022 $1,675 $25,100 $2,930 $22,170
2021 $1,557 $23,760 $2,770 $20,990
2020 $1,461 $22,670 $2,640 $20,030
2019 $1,428 $22,670 $2,640 $20,030
2018 $1,376 $22,090 $2,570 $19,520
2017 $1,379 $21,610 $2,510 $19,100
2016 $1,330 $21,020 $2,440 $18,580
2015 $1,294 $20,520 $2,380 $18,140
2014 $1,330 $21,220 $2,460 $18,760
2013 $1,403 $22,380 $2,590 $19,790
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11703208

Midwest Real Estate Data (MRED)

APN: 30-21-15-177-012