504 S Busey Ave Urbana, IL 61801
West Urbana Neighborhood
4
Beds
2
Baths
1,920
Sq Ft
0.62
Acres
About This Home
As of August 2024Rental 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
RE/MAX REALTY ASSOCIATES-CHA License #475167225 Listed on: 06/03/2024
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
Ownership History
Date
Name
Owned For
Owner Type
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
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
$15,776
Avg. Annual Appreciation
8.02%
Original Mortgage
$146,451
Outstanding Balance
$145,461
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$66,579
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
5.52%
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
Similar Homes in Urbana, IL
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $196,500 | None Listed On Document | |
| Warranty Deed | -- | None Available | |
| Warranty Deed | $162,000 | Attorney | |
| Trustee Deed | $150,000 | Attorney | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $146,451 | New Conventional | |
| Previous Owner | $128,960 | New Conventional | |
| Previous Owner | $100,000 | New Conventional |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 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 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 | $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
-
Seller's Agent in 2024
Jill Hess
RE/MAX
(217) 417-8177
11 in this area
294 Total Sales
-
Buyer's Agent in 2024
Jennifer Hoss McClellan
KELLER WILLIAMS-TREC
(217) 841-8861
5 in this area
336 Total Sales
-
J
Seller's Agent in 2020
Jonah Weisskopf
Weiner Co., Ltd.
(217) 621-3196
30 in this area
49 Total Sales
-
Seller's Agent in 2018
Kelli Berry
Weiner Co., Ltd.
(217) 972-8413
4 in this area
21 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12069829
APN: 92-21-17-155-002
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