NOT LISTED FOR SALE

503 W Pennsylvania Ave Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $426,000 - $556,242

4 Beds
3 Baths
2,186 Sq Ft
$232/Sq Ft Est. Value

Last Sold June 04, 2015

Last sale price $425,000 $194 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $4,004/month

2 Days on Market

Highlights

  • Vaulted Ceiling
  • Walk-In Pantry
  • Walk-In Closet
  • Main Floor Bedroom
  • Attached Garage
  • Patio

About This Home

As of June 2015

This home is located at 503 W Pennsylvania Ave, Urbana, IL 61801 since 02 June 2015 and is currently estimated at $507,561, approximately $232 per square foot. This property was built in 2008. 503 W Pennsylvania Ave is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

Last Agent to Sell the Property

Matt Difanis

RE/MAX REALTY ASSOCIATES-CHA License #471020468 Listed on: 06/02/2015

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Matt Difanis

RE/MAX REALTY ASSOCIATES-CHA License #471020468 Listed on: 06/02/2015

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,855

Year Built

  • 2008

Lot Details

  • 5,706

Parking

  • Attached Garage

Home Design

  • Vinyl Siding

Interior Spaces

  • Vaulted Ceiling
  • Gas Log Fireplace
  • Partially Finished Basement
  • Basement Fills Entire Space Under The House

Kitchen

  • Walk-In Pantry
  • Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Walk-In Closet
  • Primary Bathroom is a Full Bathroom

Utilities

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

Additional Features

  • North or South Exposure
  • Patio

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,855

Year Built

2008

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 6-10 Years, NEW Ready for Occupancy
  • New Construction: Y
  • Full Bathrooms: 3
  • Number Interior Fireplaces: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3
  • Total Sq Ft: 2186
  • Type Detached: 2 Stories
  • Estimated Year Built: 2008
  • Special Features: NewHome
  • Property Sub Type: Detached
  • Year Built: 2008

Interior Features

  • Interior Property Features: 1st Floor Bedroom, Vaulted/Cathedral Ceilings
  • Living Room: Dimensions: 18.1, On Level: Main Level, Flooring: Hardwood
  • Appliances: Dishwasher, Disposal, Microwave, Range Hood, Oven/Range, Refrigerator
  • Equipment: TV-Cable, Sump Pump, CO Detectors
  • Fireplace Details: Gas Logs
  • Basement: Full
  • Basement: Partially Finished
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Dining Room: Dimensions: 14.1, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Dimensions: 14.1, On Level: Main Level, Flooring: Hardwood
  • Kitchen Type: Pantry-Closet
  • Additional Rooms: Walk In Closet
  • Master Bedroom: Dimensions: 16.1X, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 2: Dimensions: 13.5X, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 11.5X, On Level: 2nd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 11.8X, On Level: Main Level, Flooring: Carpet
  • Estimated Sq Ft: 2186
  • Estimated Total Finished Sq Ft: 2186
  • Basement Sq Ft: 1123
  • Main Level Sq Ft: 1123
  • Upper Level Sq Ft: 1063
  • Existing Basement Foundation: Yes
  • Dining Room Type: Separate

Exterior Features

  • Exterior Building Type: Vinyl Siding
  • Exterior Property Features: Patio
  • Exposure: N (North)

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Number Garage Spaces: 2

Utilities

  • Electricity: 200+ Amp Service
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Schools

  • Elementary School: LEAL
  • Middle School: UMS
  • High School: UHS

Lot Info

  • Lot Dimensions: 60X115
  • Parcel Identification Number: 932117377005

Tax Info

  • Taxes: 11398

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 12, 2008
Sold by
Signature Construction Inc
Bought by
Beckham Jason P and Beckham Kellie A
Current Estimated Value
$507,561

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,800
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2008
Sold by
Beckham Jason and Beckham Kellie
Bought by
Signature Homebuilders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,250
Interest Rate
6.51%
Mortgage Type
Construction

Purchase Details

Closed on
Jun 2, 2008
Sold by
Ginsburg Thomas B and Ginsburg Amber J
Bought by
Beckham Jason and Beckham Kellie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,100
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2003
Sold by
Higgins Robert and Vanlandingham Lester W
Bought by
Ginsburg Thomas B and Ginsburg Amber J
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
Beckham Jason P $395,000 None Available
Signature Construction Inc -- None Available
Signature Homebuilders Llc $110,000 None Available
Beckham Jason $109,000 None Available
Ginsburg Thomas B $87,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Borgschulte Mark J $300,000
Closed Borgschulte Mark Q $324,000
Closed Borgschulte Mark J $340,000
Closed Beckham Jason P $306,600
Closed Beckham Jason P $307,700
Closed Beckham Jason P $311,000
Closed Beckham Jason P $315,800
Closed Beckham Jason P $315,800
Previous Owner Signature Homebuilders Llc $310,250
Previous Owner Beckham Jason $98,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/04/2015 06/04/15 Sold $425,000 0.0% $194 / Sq Ft
06/04/2015 06/04/15 Pending -- -- --
06/02/2015 06/02/15 For Sale $425,000 -- $194 / 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 $14,855 $159,630 $28,880 $130,750
2023 $14,855 $145,650 $26,350 $119,300
2022 $13,867 $134,110 $24,260 $109,850
2021 $12,845 $124,990 $22,610 $102,380
2020 $12,408 $121,350 $21,950 $99,400
2019 $12,054 $121,350 $21,950 $99,400
2018 $12,005 $122,200 $22,100 $100,100
2017 $12,419 $122,200 $22,100 $100,100
2016 $11,851 $117,500 $21,250 $96,250
2015 $11,555 $117,500 $21,250 $96,250
2014 $11,398 $113,520 $20,530 $92,990
2013 $11,491 $115,840 $20,950 $94,890
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD09453256

Midwest Real Estate Data (MRED)

APN: 93-21-17-377-005