503 W Union St Champaign, IL 61820
Estimated Value: $228,000 - $413,366
4
Beds
4
Baths
2,171
Sq Ft
$154/Sq Ft
Est. Value
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 2020A 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.
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
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%
Total Days on Market
42
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,092
Avg. Annual Appreciation
5.74%
Original Mortgage
$227,250
Outstanding Balance
$203,806
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$127,299
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
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
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
-
Brandyn O'Dell
B
Seller's Agent in 2020
Brandyn O'Dell
Coldwell Banker R.E. Group
(217) 351-1988
5 Total Sales
-
Matt Difanis
Buyer's Agent in 2020
Matt Difanis
RE/MAX
(217) 352-5700
388 Total Sales
-
Sharon Harkness
Seller's Agent in 2014
Sharon Harkness
KELLER WILLIAMS-TREC
(217) 621-6308
4 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10698980
APN: 42-20-12-379-004
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