NOT LISTED FOR SALE

503 S Webber St Urbana, IL 61801

Historic East Urbana Neighborhood

Estimated Value: $270,000 - $337,000

6 Beds
5 Baths
1,232 Sq Ft
$240/Sq Ft Est. Value

Last Sold March 01, 2021

Last sale price $204,500 $166 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $2,228/month

39 Days on Market

About This Home

As of March 2021

The property consists of 4 units and two addresses. 503 S Webber has 3 units: Unit 1 and 2 are 1 BR apartment units and unit 3 is a garage/shop/office unit. 707 S Illinois holds unit 4 and a 4 BR house with an unfinished basement and a 1 car detached garage. Both addresses are on a single parcel lot with one pin number.

Last Agent to Sell the Property

Julie Huisinga

RE/MAX REALTY ASSOC-MONTICELLO License #475126086 Listed on: 11/03/2020

RE/MAX REALTY ASSOC-MONTICELLO

Last Buyer's Agent

Julie Huisinga

RE/MAX REALTY ASSOC-MONTICELLO License #475126086 Listed on: 11/03/2020

RE/MAX REALTY ASSOC-MONTICELLO

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,894

Year Built

  • 1928

Lot Details

  • 6,490

Parking

  • Detached Garage
  • Garage Is Owned

Home Design

  • Brick Exterior Construction
  • Block Exterior
  • Vinyl Siding

Unfinished Basement

  • Basement Fills Entire Space Under The House

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,894

Year Built

1928

Lot Details

0

Parking

1

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • Age: 91-100 Years
  • Full Bathrooms: 5
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 5
  • Estimated Year Built: 1928
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1928

Interior Features

  • Number Of Rooms: 15
  • Equipment: CO Detectors
  • Basement: Full
  • Basement: Unfinished
  • Bedrooms All Levels: 6
  • Above Grade Bedrooms: 6

Exterior Features

  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Vinyl Siding, Brick, Block

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Garage Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Electric, Forced Air

Schools

  • School District: 116
  • Elementary School: Leal Elementary School
  • Middle School: Urbana Middle School
  • High School: Urbana High School
  • Junior High Dist: 116

Lot Info

  • Lot Dimensions: 69X114
  • Parcel Identification Number: 922116151004

Multi Family

  • Total Number Unitsin Building: 4
  • Three Bedroom Number of Units: Yes
  • Full Baths In Building: 5

Tax Info

  • Taxes: 6212.54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2020
Closed on
Feb 18, 2021
Sold by
Jsj Properties Inc
Bought by
Mcclintock Jane
Seller's Agent
Julie Huisinga
RE/MAX REALTY ASSOC-MONTICELLO
Buyer's Agent
Julie Huisinga
RE/MAX REALTY ASSOC-MONTICELLO
List Price
$239,900
Sold Price
$204,500
Premium/Discount to List
-$35,400
-14.76%
Current Estimated Value
$296,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$91,547
Avg. Annual Appreciation
8.39%
Original Mortgage
$163,600
Outstanding Balance
$146,322
Interest Rate
2.7%
Mortgage Type
Commercial
Estimated Equity
$149,725
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Mcclintock Jane $204,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcclintock Jane $163,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/01/2021 03/01/21 Sold $204,500 -14.8% $166 / Sq Ft
12/12/2020 12/12/20 Pending -- -- --
11/03/2020 11/03/20 For Sale $239,900 -- $195 / 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 $7,894 $81,330 $12,210 $69,120
2023 $7,894 $74,210 $11,140 $63,070
2022 $7,397 $68,340 $10,260 $58,080
2021 $6,875 $63,690 $9,560 $54,130
2020 $6,395 $59,450 $8,920 $50,530
2019 $6,213 $59,450 $8,920 $50,530
2018 $6,185 $59,870 $8,980 $50,890
2017 $6,399 $59,870 $8,980 $50,890
2016 $6,363 $59,870 $8,980 $50,890
2015 $6,434 $59,870 $8,980 $50,890
2014 $6,347 $59,870 $8,980 $50,890
2013 $6,264 $59,870 $8,980 $50,890
Source: Public Records

Agents Affiliated with this Home

  • Julie Huisinga

    Seller's Agent in 2021

    Julie Huisinga

    RE/MAX REALTY ASSOC-MONTICELLO

    (217) 202-1122

    1 in this area

    322 Total Sales

    Julie Huisinga
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10924477

Midwest Real Estate Data (MRED)

APN: 92-21-16-151-004

Illinois Champaign County Urbana 61801 Historic East Urbana

503 S Webber St, Urbana, IL

This home is located at 503 S Webber St, Urbana, IL 61801 since 03 November 2020 and is currently estimated at $296,047, approximately $240 per square foot. This property was built in 1928. 503 S Webber St is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

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