NOT LISTED FOR SALE

504 E Florida Ave Urbana, IL 61801

Fairlawn Park Neighborhood

Estimated Value: $183,000 - $264,000

5 Beds
2.5 Baths
1,544 Sq Ft
$144/Sq Ft Est. Value

Sale Details

Date Sold: March 31, 2022

Last sale price $186,000 $120 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $1,632 / mo

143 Days on Market

Highlights

  • Property is near park
  • Tennis Courts
  • 1 Car Attached Garage
  • Ranch Style House
  • Fenced Yard
  • Patio

About This Home

As of March 2022

Just a short walk to Blair Park and the UI. This 5 bedroom, 2.5 bath home is a great location for UI students/professionals, families/and multi-generations, or investors. The home has the split bedroom concept, three bedrooms at one end of home with one full main bath and master having half bath; two bedrooms with full bath at the other end of the home. The two bedroom section has their own locked entrance doors. Laundry area is in the center of home, just off the kitchen. Updates: 2017 ceramic tile in kitchen, laminate flooring throughout (subflooring replaced), and reconfiguring space to have the two bedrooms and full bath. 2016 high-efficiency air conditioner, air handler and duct-work. 2015 high efficiency boiler. 2014 roof tear off. Home has been rented for last four years. Bus stop just steps away on corner. Kids of all ages will enjoy Blair Park, which is just down the street...great for family fun, picnics, jogging, tennis courts. Lincoln Square Farmers market is a great draw for all. Close to restaurants, stores, bus stop.

Last Agent to Sell the Property

Sherry Gordon

RE/MAX REALTY ASSOCIATES-CHA License #471019551 Listed on: 10/02/2021

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Carol Meinhart

The Real Estate Group,Inc License #475127814

The Real Estate Group,Inc

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,755

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Lot Dimensions are 64x115
  • Fenced Yard
  • Paved or Partially Paved Lot

Parking

  • 1 Car Attached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Ranch Style House

Interior Spaces

  • 1,544 Sq Ft Home
  • Bookcases
  • Blinds
  • Living Room
  • Laminate Flooring
  • Crawl Space
  • Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • Bathroom on Main Level
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry on main level

Schools

  • Wiley Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Additional Features

  • Patio
  • Property is near park

Community Details

  • Tennis Courts

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,755

Year Built

Built in 1955

Lot Details

6,098 Sq Ft Lot

Parking

1

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: 1955
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 9 WEBBER'S, WILLIAM B., AND PEARL, 3RD SUB
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Refrigerator
  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Interior Amenities: Wood Laminate Floors, First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Bookcases, Drapes/Blinds
  • LivingArea: 1544
  • Room Type: Bedroom 5
  • Estimated Total Finished Sq Ft: 1544
  • Basement Description: Crawl
  • Bathroom Amenities: Separate Shower
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1544

Exterior Features

  • ExteriorFeatures: Patio
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding,Brick,Stone

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage Details: Garage Door Opener(s),Transmitter(s)
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Park, Tennis Court(s), Curbs, Sidewalks, Street Lights, Street Paved
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Wiley Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School

Lot Info

  • Lot Size Acres: 0.14
  • Lot Dimensions: 64X115
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 3755.14
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 2, 2021
Closed on
Mar 19, 2022
Sold by
Hsu and Yuan-Hsi
Bought by
Seller's Agent
Sherry Gordon
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Carol Meinhart
The Real Estate Group,Inc
List Price
$184,900
Sold Price
$186,000
Premium/Discount to List
$1,100
0.59%
Current Estimated Value
$222,353

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,353
Avg. Annual Appreciation
4.11%
Original Mortgage
$182,631
Outstanding Balance
$171,175
Interest Rate
5.5%
Mortgage Type
FHA
Estimated Equity
$51,178

Purchase Details

Closed on
Jul 14, 2017
Sold by
Carpenter Thomas A and Carpenter Dawn M H
Bought by
Hsu Wei Sheng
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Fairlawn Park, IL

  • Barb Schwartz Real Estate Agent - Keller Williams Realty Atl. Partners

    Barb Schwartz

    Keller Williams Realty Atl. Partners

    (217) 794-6090

    91 Total Sales

    1 in Fairlawn Park

    $105,000 Price

    Barb Schwartz
     Section Image
  • PJ Trautman Real Estate Agent - Trautman Real Estate Agency & Appraisal LLC

    PJ Trautman

    Trautman Real Estate Agency & Appraisal LLC

    (217) 858-4950

    167 Total Sales

    5 in Fairlawn Park

    $110K - $253K Price Range

    PJ Trautman
     Section Image
  • John Kubota Real Estate Agent - Real Broker LLC

    John Kubota

    Real Broker LLC

    (224) 808-4646

    39 Total Sales

    1 in Fairlawn Park

    $178,500 Price

    John Kubota
     Section Image
  • Carol Meinhart Real Estate Agent - The Real Estate Group LLC

    Carol Meinhart

    Responds Quickly

    The Real Estate Group LLC

    (217) 858-4967

    766 Total Sales

    17 in Fairlawn Park

    $86K - $186K Price Range

    Carol Meinhart
     Section Image
  • Mark Waldhoff Real Estate Agent - KELLER WILLIAMS-TREC

    Mark Waldhoff

    Responds Quickly

    KELLER WILLIAMS-TREC

    (217) 858-4844

    810 Total Sales

    20 in Fairlawn Park

    $82K - $399K Price Range

    Mark Waldhoff
     Section Image
  • Joanna Smith Real Estate Agent - Real Broker, LLC

    Joanna Smith

    Responds Quickly

    Real Broker, LLC

    (217) 858-4331

    236 Total Sales

    4 in Fairlawn Park

    $85K - $253K Price Range

    Joanna Smith
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$186,000 Dodson Piraino & Associates
Hsu Wei Sheng $114,000 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $182,631
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/31/2022 03/31/22 Sold $186,000 +0.6% $120 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
10/02/2021 10/02/21 For Sale $184,900 -- $120 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $4,931 $56,930 $16,840 $40,090
2024 $4,585 $53,810 $15,920 $37,890
2023 $4,585 $49,100 $14,530 $34,570
2022 $4,244 $45,210 $13,380 $31,830
2021 $3,900 $42,130 $12,470 $29,660
2020 $3,755 $40,910 $12,110 $28,800
2019 $3,648 $40,910 $12,110 $28,800
2018 $3,637 $41,200 $12,200 $29,000
2017 $3,762 $41,200 $12,200 $29,000
2016 $3,741 $41,200 $12,200 $29,000
2015 $3,783 $41,200 $12,200 $29,000
2014 $3,732 $41,200 $12,200 $29,000
2013 $3,683 $41,200 $12,200 $29,000
Source: Public Records

Agents Affiliated with this Home

  • Sherry Gordon Real Estate Agent - RE/MAX

    Seller's Agent in 2022

    Sherry Gordon

    RE/MAX

    (217) 841-4290

    2 in this area

    52 Total Sales

    Sherry Gordon
    Section Image
  • Carol Meinhart Real Estate Agent - The Real Estate Group,Inc

    Buyer's Agent in 2022

    Carol Meinhart

    The Real Estate Group,Inc

    (217) 840-3328

    16 in this area

    766 Total Sales

    Carol Meinhart
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11235931

Midwest Real Estate Data (MRED)

APN: 93-21-17-480-019

Illinois Champaign County Urbana 61801 Fairlawn Park

504 E Florida Ave, Urbana, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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