NOT LISTED FOR SALE

503 W Union St Champaign, IL 61820

Estimated Value: $274,000 - $438,759

4 Beds
4 Baths
2,171 Sq Ft
$164/Sq Ft Est. Value

Last Sold July 03, 2020

Last sale price $252,500 $116 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $2,485/month

42 Days on Market

Highlights

  • Deck
  • Main Floor Bedroom
  • Breakfast Bar
  • Central High School Rated A
  • Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2020

A rare opportunity to own a modern home on a tree-lined street in Old Town Champaign! This unique 3 level floor-plan is extremely adaptable and lends itself to easily be personalized by its new owner. The first floor offers a bedroom/bath suite with walk-out access. The 2nd level offers a master suite and an open floorplan with the kitchen opening up to a bright and sunny living room. The eat-in kitchen sports a granite island, custom cabinetry, stainless steel appliances and room for a dining table. The top floor provides a 2nd living space and an two additional bedrooms. You will enjoy the outdoor living on the raised deck that offers views of the backyard and pond with waterfall! There is also a garden shed with a small finished space over looking the gardens. Great Location near West Side Park, bus line and downtown nightlife.

Last Agent to Sell the Property

Brandyn O'Dell

Coldwell Banker R.E. Group License #475124015 Listed on: 04/27/2020

Coldwell Banker R.E. Group

Last Buyer's Agent

Matt Difanis

RE/MAX REALTY ASSOCIATES-CHA License #471020468

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,250

Year Built

  • 2006

Lot Details

  • 7,405

Parking

  • Attached Garage
  • Driveway
  • Garage Is Owned

Home Design

  • Slab Foundation

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • Main Floor Bedroom
  • Primary Bathroom is a Full Bathroom

Utilities

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

Additional Features

  • North or South Exposure
  • Deck

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,250

Year Built

2006

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Age: 11-15 Years
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 3.1
  • Total Sq Ft: 2171
  • Type Detached: 3 Stories
  • Estimated Year Built: 2006
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 2171
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2006

Interior Features

  • Interior Property Features: 1st Floor Bedroom
  • Number Of Rooms: 7
  • Living Room: Dimensions: 14X14, On Level: 2nd Level, Flooring: Wood Laminate
  • Appliances: Dishwasher, Disposal, Microwave, Oven/Range, Refrigerator
  • Equipment: TV-Dish, TV-Cable, CO Detectors
  • Basement: Slab
  • Bedrooms All Levels: 4
  • Primary Bedroom Bath: Full
  • Above Grade Bedrooms: 4
  • Kitchen Type: Dimensions: 14X18, On Level: 2nd Level, Flooring: Wood Laminate
  • Kitchen Type: Eating Area-Table Space
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 13X12, On Level: 2nd Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 14X11, On Level: Main Level, Flooring: Carpet
  • Bedroom 3: Dimensions: 12X13, On Level: 3rd Level, Flooring: Carpet
  • Bedroom 4: Dimensions: 19X11, On Level: 3rd Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 2171
  • Estimated Total Finished Sq Ft: 2171
  • Lower Level Sq Ft: 379
  • Main Level Sq Ft: 960
  • Upper Level Sq Ft: 832
  • Family Room: Dimensions: 11X12, On Level: 3rd Level, Flooring: Wood Laminate

Exterior Features

  • Lot Size: .25-.49 Acre
  • Exterior Property Features: Deck
  • Exposure: N (North)
  • Acreage: 0.17

Garage/Parking

  • Number of Cars: 2
  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 2
  • Driveway: Concrete
  • Garage Ownership: Owned

Utilities

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

Schools

  • School District: 4
  • Elementary School: Unit 4 Of Choice
  • Middle School: Unit 4 Of Choice
  • High School: Central High School
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 75 X 132
  • Parcel Identification Number: 422012379004

Tax Info

  • Taxes: 5714

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 27, 2020
Closed on
Jul 31, 2020
Sold by
Steinke Luke J
Bought by
Willitts Jon and Montag Jessica
Seller's Agent
Brandyn O'Dell
Coldwell Banker R.E. Group
Buyer's Agent
Matt Difanis
RE/MAX REALTY ASSOCIATES-CHA
List Price
$258,500
Sold Price
$252,500
Premium/Discount to List
-$6,000
-2.32%
Current Estimated Value
$356,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,690
Avg. Annual Appreciation
6.37%
Original Mortgage
$227,250
Outstanding Balance
$203,806
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$144,807

Purchase Details

Closed on
Mar 20, 2018
Sold by
Bergstrom Andrea I and Steinke Luke J
Bought by
Steinke Luke J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,500
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2011
Sold by
Wright Rebecca J
Bought by
Wright Rebecca J

Purchase Details

Closed on
Jan 6, 2010
Sold by
Wright David C
Bought by
Wright Rebecca J

Purchase Details

Closed on
Feb 7, 2007
Sold by
Livingston Andrew
Bought by
Wright David C and Wright Rebecca J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,425
Interest Rate
6.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 21, 2006
Sold by
Nemeth Robert J and Deal Brian
Bought by
Livingston Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.73%
Mortgage Type
Construction
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
Willitts Jon $252,500 Act
Steinke Luke J $10,000 Attorney
Wright Rebecca J -- None Available
Wright Rebecca J -- None Available
Wright David C $250,000 None Available
Livingston Andrew $38,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Willitts Jon $227,250
Previous Owner Steinke Luke J $217,500
Previous Owner Steinke Luke J $221,700
Previous Owner Steinke Luke J $218,500
Previous Owner Wright Rebecca J $177,755
Previous Owner Wright Rebecca J $59,745
Previous Owner Wright David C $187,425
Previous Owner Wright David C $62,475
Previous Owner Livingston Andrew B $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2020 07/03/20 Sold $252,500 0.0% $116 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/20/2020 05/20/20 Price Changed $252,500 -2.3% $116 / Sq Ft
04/27/2020 04/27/20 For Sale $258,500 +12.4% $119 / Sq Ft
07/22/2014 07/22/14 Sold $230,000 -2.1% $104 / Sq Ft
05/22/2014 05/22/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $234,900 -- $106 / 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 $7,250 $122,300 $16,960 $105,340
2023 $7,250 $111,390 $15,450 $95,940
2022 $6,599 $102,760 $14,250 $88,510
2021 $6,318 $75,010 $13,970 $61,040
2020 $6,062 $72,120 $13,430 $58,690
2019 $5,856 $70,630 $13,150 $57,480
2018 $5,715 $69,510 $12,940 $56,570
2017 $5,497 $66,830 $12,440 $54,390
2016 $4,917 $65,450 $12,180 $53,270
2015 $4,946 $64,290 $11,960 $52,330
2014 $4,904 $64,290 $11,960 $52,330
2013 $4,860 $64,290 $11,960 $52,330
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10698980

Midwest Real Estate Data (MRED)

APN: 42-20-12-379-004