NOT LISTED FOR SALE

505 W Beardsley Ave Champaign, IL 61820

Estimated Value: $68,000 - $97,000

2 Beds
1 Bath
844 Sq Ft
$92/Sq Ft Est. Value

Last Sold April 13, 2023

Last sale price $52,000 $62 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $490/month

6 Days on Market

Highlights

  • Living Room
  • 1-Story Property
  • 3-minute walk to Spalding Park
  • Central High School Rated A
  • Central Air

About This Home

As of April 2023

Don't miss out on this charming 2BD/1BA home in central Champaign location, close to Campus, Prospect Ave., and one block to the desirable Franklin Steam Academy, and Spalding Park. This two-bedroom, one-full-bath home has recent interior updates, including fresh interior paint, new carpet in the bedrooms and laminate flooring in the living room. Hurry, this one will not last long! New furnace & new hot water tank. Large fenced-in backyard on a deep lot with alley access and a shed for additional storage. The house is currently tenant-occupied until April 30, 2023 at $750/month. Perfect for a first-time home buyer or an investor. Value add opportunity!

Last Agent to Sell the Property

Eva Knapp

Compass License #475178130 Listed on: 03/21/2023

Compass

Last Buyer's Agent

Carol Meinhart

The Real Estate Group,Inc License #475127814

The Real Estate Group,Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,283

Year Renovated

  • 2020

Lot Details

  • Lot Dimensions are 152.52x52

Home Design

  • Vinyl Siding

Interior Spaces

  • 844 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

  • Champaign Elementary School
  • Champaign Junior High School
  • Central High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,283

Year Renovated

2020

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2020
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2020

Interior Features

  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 844
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 844
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 844
  • Total Sq Ft: 844
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 844
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Estimated

Exterior Features

  • List Price: 52000
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 0
  • Parking: None

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: Champaign Elementary School
  • High School: Central High School
  • Middle/Junior School: Champaign Junior High School
  • Middle/Junior School District: 4

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 152.52X52
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 8

Tax Info

  • Tax Annual Amount: 1283.16
  • Tax Year: 2021

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 21, 2023
Closed on
Apr 13, 2023
Sold by
Ruiz Alexander
Bought by
Enriquez Maria G
Seller's Agent
Eva Knapp
Compass
Buyer's Agent
Carol Meinhart
The Real Estate Group,Inc
List Price
$52,000
Sold Price
$52,000
Views
88
Current Estimated Value
$77,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,840
Avg. Annual Appreciation
15.03%

Purchase Details

Closed on
Apr 30, 2003
Sold by
Johnson Scott R
Bought by
James Timothy L and James Ronna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,400
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage
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
Enriquez Maria G $52,000 None Listed On Document
James Timothy L $43,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner James Timothy L $34,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Sold $52,000 0.0% $62 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/21/2023 03/21/23 For Sale $52,000 -- $62 / 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 $806 $16,400 $2,570 $13,830
2023 $806 $14,940 $2,340 $12,600
2022 $715 $13,780 $2,160 $11,620
2021 $1,237 $13,510 $2,120 $11,390
2020 $1,270 $13,850 $2,170 $11,680
2019 $1,229 $13,570 $2,130 $11,440
2018 $1,202 $13,360 $2,100 $11,260
2017 $1,207 $13,360 $2,100 $11,260
2016 $1,083 $13,090 $2,060 $11,030
2015 $1,090 $12,850 $2,020 $10,830
2014 $576 $12,850 $2,020 $10,830
2013 $571 $12,850 $2,020 $10,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11741839

Midwest Real Estate Data (MRED)

APN: 42-20-12-127-013