NOT LISTED FOR SALE

504 S Busey Ave Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $219,000 - $261,000

4 Beds
2 Baths
1,920 Sq Ft
$126/Sq Ft Est. Value

Last Sold August 15, 2024

Last sale price $196,451 $102 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $1,750/month

13 Days on Market

About This Home

As of August 2024

Rental property in prime location near the UIUC campus. Just one block east of Lincoln Ave. This property is rented through July 2025. Tenants are responsible for all utilities, except sewer and recycling. This 4bd/2ba appeals to students: proximity to campus, large sun porch, layout, vintage appeal and furnished. This property is tenant occupied and we will need at least 24 hours notice for entry. Updates: 2020 water heater, refrigerator, new mattress; 2021 bathroom remodel, dishwasher, new mattress; 2023 electric mast replacement.

Last Agent to Sell the Property

Jill Hess

RE/MAX REALTY ASSOCIATES-CHA License #475167225 Listed on: 06/03/2024

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Jennifer Hoss McClellan

KELLER WILLIAMS-TREC License #475124637

KELLER WILLIAMS-TREC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,486

Year Built

  • Built in 1893

Lot Details

  • Lot Dimensions are 58x39.9

Home Design

  • Asphalt Roof
  • Stucco

Interior Spaces

  • 1,920 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Parking Spaces
  • Gravel Driveway
  • Uncovered Parking
  • Parking Space is Owned

Schools

  • Leal Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,486

Year Built

Built in 1893

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 2 Stories
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 2 Stories
  • Year Built: 1893
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT PT 11 CAMPBELL AND KELLEY'S ADD
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: Full
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplaces: 1
  • LivingArea: 1920
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 1920
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 2810

Exterior Features

  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Stucco

Garage/Parking

  • ParkingTotal: 2
  • Driveway: Gravel
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 58X39.9
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 5486
  • Tax Year: 2022
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 1, 2025
Sold by
Ampon Justiniano and Ampon Holly
Bought by
Mpn Investments Llc
Current Estimated Value
$242,625

Purchase Details

Listed on
Jun 3, 2024
Closed on
Aug 15, 2024
Sold by
Trident Properties Llc
Bought by
Ampon Justiniano
Seller's Agent
Jill Hess
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Jennifer Hoss McClellan
KELLER WILLIAMS-TREC
List Price
$200,000
Sold Price
$196,451
Premium/Discount to List
-$3,549
-1.77%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.67%
Original Mortgage
$146,451
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 21, 2021
Sold by
Sargis Daniel J
Bought by
Trident Properties Llc

Purchase Details

Listed on
Jun 2, 2020
Closed on
Jul 25, 2020
Sold by
Hanselman Greg and Hanselman Kellie
Bought by
Sargis Daniel J
Seller's Agent
Jonah Weisskopf
Weiner Co., Ltd.
Buyer's Agent
Jill Hess
RE/MAX REALTY ASSOCIATES-CHA
List Price
$164,900
Sold Price
$162,000
Premium/Discount to List
-$2,900
-1.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$128,960
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 27, 2018
Closed on
Sep 7, 2018
Sold by
Scotty Barbara and Long Marcia
Bought by
Hanselman Greg and Hanselman Kellie
Seller's Agent
Kelli Berry
Weiner Co., Ltd.
Buyer's Agent
Jonah Weisskopf
Weiner Co., Ltd.
List Price
$155,000
Sold Price
$150,000
Premium/Discount to List
-$5,000
-3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$100,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2004
Sold by
Roth George D
Bought by
George D Roth Revocable Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mpn Investments Llc -- None Listed On Document
Ampon Justiniano $196,500 None Listed On Document
Trident Properties Llc -- Send Deed
Sargis Daniel J $162,000 Attorney
Hanselman Greg $150,000 Attorney
George D Roth Revocable Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ampon Justiniano $146,451
Previous Owner Sargis Daniel J $128,960
Previous Owner Hanselman Greg $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/15/2024 08/15/24 Sold $196,451 -1.8% $102 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
05/30/2024 05/30/24 For Sale $200,000 +23.5% $104 / Sq Ft
08/10/2020 08/10/20 Sold $162,000 -1.8% $84 / Sq Ft View Prior Sale
06/25/2020 06/25/20 Pending -- -- --
06/02/2020 06/02/20 For Sale $164,900 +9.9% $86 / Sq Ft
09/07/2018 09/07/18 Sold $150,000 -3.2% $78 / Sq Ft View Prior Sale
07/11/2018 07/11/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $155,000 -- $81 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $5,855 $60,320 $11,210 $49,110
2023 $5,855 $55,040 $10,230 $44,810
2022 $5,486 $50,680 $9,420 $41,260
2021 $5,098 $47,230 $8,780 $38,450
2020 $4,932 $45,850 $8,520 $37,330
2019 $4,791 $45,850 $8,520 $37,330
2018 $4,150 $46,170 $8,580 $37,590
2017 $4,293 $46,170 $8,580 $37,590
2016 $4,126 $44,820 $8,330 $36,490
2015 $4,010 $44,820 $8,330 $36,490
2014 $3,955 $43,310 $8,050 $35,260
2013 $3,995 $44,190 $8,210 $35,980
Source: Public Records

Agents Affiliated with this Home

  • Jill Hess

    Seller's Agent in 2024

    Jill Hess

    RE/MAX

    (217) 417-8177

    12 in this area

    298 Total Sales

    Jill Hess
    Section Image
  • Jennifer Hoss McClellan

    Buyer's Agent in 2024

    Jennifer Hoss McClellan

    KELLER WILLIAMS-TREC

    (217) 841-8861

    5 in this area

    365 Total Sales

    Jennifer Hoss McClellan
    Section Image

  • J

    Seller's Agent in 2020

    Jonah Weisskopf

    Weiner Co., Ltd.

    (217) 621-3196

    22 in this area

    39 Total Sales

    Jonah Weisskopf
    Section Image
  • Kelli Berry

    Seller's Agent in 2018

    Kelli Berry

    Weiner Co., Ltd.

    (217) 972-8413

    2 in this area

    18 Total Sales

    Kelli Berry
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12069829

Midwest Real Estate Data (MRED)

APN: 92-21-17-155-002

Illinois Champaign County Urbana 61801 West Urbana

504 S Busey Ave, Urbana, IL

Not Listed for Sale

Detached

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