NOT LISTED FOR SALE

506 Lily Ct Champaign, IL 61821

Estimated Value: $111,453 - $145,000

2 Beds
1 Bath
775 Sq Ft
$162/Sq Ft Est. Value

Sale Details

Date Sold: April 3, 2020

Last sale price $73,500 $95 Per Sq Ft

Est. 71% increase in value since last sale

Current estimated payment $902 / mo

9 Days on Market

Highlights

  • Ranch Style House
  • Fenced Yard
  • Galley Kitchen
  • Central High School Rated A
  • Cul-De-Sac
  • Attached Garage

About This Home

As of April 2020

This adorable home is perfect for first-time buyers or investors. Very affordable, located at the end of a cul de sac, close to bus, shopping, schools and downtown Champaign. Several updates include, Roof 17', A/C 18', Flooring 17'. New tub and surround 17', furnace approx 10 years. Fenced yard with concrete patio. Oversized 1.5 car garage has room for vehicle and storage. Rent was $900. Minor repairs are being completed from the most recent home inspection report dated Jan 2020.

Last Agent to Sell the Property

Brenda Brown

Coldwell Banker R.E. Group License #475121968 Listed on: 02/22/2020

Coldwell Banker R.E. Group

Last Buyer's Agent

Debbie Hensleigh

Beringer Realty License #471003075

Home Details

Home Type

  • Single Family

Year Built

  • 1953

Lot Details

  • Cul-De-Sac
  • East or West Exposure
  • Fenced Yard

Parking

  • Attached Garage
  • Driveway
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Ranch Style House
  • Slab Foundation
  • Asphalt Shingled Roof
  • Cedar

Kitchen

  • Galley Kitchen
  • Breakfast Bar
  • Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Outdoor Features

  • Patio

Utilities

  • Central Air
  • Heating System Uses Gas

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Year Built

1953

Lot Details

3,920 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Detached Single
  • Built Before 1978 (Y/N): Yes
  • Age: 61-70 Years
  • Full Bathrooms: 1
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 775
  • Style Of House: Ranch
  • Type Detached: 1 Story
  • Estimated Year Built: 1953
  • Tax Exemptions: Homeowner
  • Total Sq Ft: 775
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1953

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 16X12, On Level: Main Level, Flooring: Wood Laminate
  • Appliances: Oven/Range, Dishwasher, Refrigerator, Disposal, Range Hood
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Laundry: Dimensions: 6X5, On Level: Main Level, Flooring: Vinyl
  • Kitchen Type: Dimensions: 12X9, On Level: Main Level
  • Kitchen Type: Eating Area-Table Space, Galley
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X12, On Level: Main Level, Flooring: Wood Laminate
  • Bedroom 2: Dimensions: 12X9, On Level: Main Level, Flooring: Wood Laminate
  • Estimated Sq Ft: 775
  • Estimated Total Finished Sq Ft: 775
  • Main Level Sq Ft: 775

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Cedar
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Patio
  • Exposure: W (West)
  • Acreage: 0.09

Garage/Parking

  • Parking: Garage
  • Garage Type: Attached
  • Garage On Site: Yes
  • Number Garage Spaces: 1.5
  • Driveway: Concrete
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Electricity: Circuit Breakers
  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas

Condo/Co-op/Association

  • Special Assessments: U

Schools

  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 66 X 61
  • Lot Description: Cul-de-sac, Fenced Yard
  • Parcel Identification Number: 412011285006

Tax Info

  • Taxes: 1603

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
Feb 22, 2020
Closed on
Apr 3, 2020
Sold by
Bought by
Seller's Agent
Brenda Brown
Coldwell Banker R.E. Group
Buyer's Agent
Debbie Hensleigh
Beringer Realty
List Price
$79,900
Sold Price
$73,500
Premium/Discount to List
-$6,400
-8.01%
Current Estimated Value
$125,613

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,113
Avg. Annual Appreciation
8.92%
Original Mortgage
$58,800
Outstanding Balance
$52,882
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$72,731

Purchase Details

Closed on
Mar 16, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,659
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 27, 2009
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,659
Interest Rate
4.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,713
Interest Rate
6.68%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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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
$73,500 Allied Capital Title
-- None Available
$74,000 None Available
$73,000 None Available
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 $58,800
Previous Owner $72,659
Previous Owner $70,713
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
04/03/2020 04/03/20 Sold $73,500 -8.0% $95 / Sq Ft
03/02/2020 03/02/20 Pending -- -- --
02/22/2020 02/22/20 For Sale $79,900 -- $103 / 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 $2,721 $35,000 $3,880 $31,120
2024 $2,562 $31,200 $3,460 $27,740
2023 $2,562 $28,410 $3,150 $25,260
2022 $2,410 $26,210 $2,910 $23,300
2021 $1,803 $25,690 $2,850 $22,840
2020 $1,715 $24,700 $2,740 $21,960
2019 $1,648 $24,190 $2,680 $21,510
2018 $1,603 $23,810 $2,640 $21,170
2017 $1,527 $22,900 $2,540 $20,360
2016 $1,359 $22,430 $2,490 $19,940
2015 $1,361 $22,040 $2,450 $19,590
2014 $1,349 $22,040 $2,450 $19,590
2013 $1,337 $22,040 $2,450 $19,590
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10644834

Midwest Real Estate Data (MRED)

APN: 41-20-11-285-006

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