Seller's Agent in 2022
Mark Waldhoff
KELLER WILLIAMS-TREC
(217) 714-3603
24 in this area
676 Total Sales
506 W Michigan Ave Urbana, IL 61801
West Urbana NeighborhoodEstimated Value: $349,000 - $389,000
4
Beds
1.5
Baths
2,049
Sq Ft
$179/Sq Ft
Est. Value
Highlights
- Deck
- Lower Floor Utility Room
- Fenced Yard
- Wood Flooring
- Formal Dining Room
- 1 Car Detached Garage
About This Home
As of March 20222 blocks from the University of Illinois and close to downtown Urbana, this 2-story stucco home will charm it's way into your heart! This home features a unique floor plan that makes the space feel open and inviting compared to many small rooms. The large living room features a wood burning fireplace and two seating areas. This space is open the the foyer and dining area which connects to the front sun room/family room. The sun room is the perfect spot to relax with views of tree-lined Michigan Ave. The kitchen has been updated with a fun Mediterranean vibe featuring tile floors and back splash, granite counters maple cabinetry. Don't forget the updated 1/2 bath on the main level with glass tile walls, new vanity, toilet and fixtures. 4 Bedrooms upstairs are all good sizes with ample closet space. The center landing is almost another room and makes the flow of the second floor feel very natural and gives easy access to the bathroom with tiled shower and flooring. The basement offers a finished family room with updated lighting, a large laundry area and plenty of storage space. In the back you'll find the 1 car garage and large deck built to enjoy the summer shade!
Last Agent to Sell the Property
KELLER WILLIAMS-TREC License #475122749 Listed on: 01/31/2022
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $10,162
Year Built
- Built in 1913
Lot Details
- Lot Dimensions are 60x135
- Fenced Yard
Parking
- 1 Car Detached Garage
- Parking Included in Price
Home Design
- Stucco
Interior Spaces
- 2,049 Sq Ft Home
- 2-Story Property
- Built-In Features
- Wood Burning Fireplace
- Family Room
- Living Room with Fireplace
- Formal Dining Room
- Lower Floor Utility Room
- Storage Room
- Wood Flooring
- Partially Finished Basement
- Partial Basement
Kitchen
- Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Potential Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
- Sink Near Laundry
Outdoor Features
- Deck
Schools
- Leal Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Homeowner Tax Exemptions
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 31, 2022
Closed on
Mar 11, 2022
Sold by
Esbenshade Richard S and Esbenshade Zsuzsa
Bought by
Metz Larissa and Metz Ryan A
Seller's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
Buyer's Agent
Jon Fisher
MR. LANDMAN
List Price
$264,900
Sold Price
$270,000
Premium/Discount to List
$5,100
1.93%
Total Days on Market
0
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
$96,038
Avg. Annual Appreciation
9.90%
Original Mortgage
$216,000
Outstanding Balance
$203,465
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$170,075
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Metz Larissa | $270,000 | None Listed On Document |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Metz Larissa | $216,000 | |
| Previous Owner | Esbenshade Richard S | $25,000 | |
| Previous Owner | Esbenshade Richard S | $85,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/11/2022 03/11/22 | Sold | $270,000 | +1.9% | $132 / Sq Ft |
| 01/31/2022 01/31/22 | Pending | -- | -- | -- |
| 01/31/2022 01/31/22 | For Sale | $264,900 | -- | $129 / 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 | $12,188 | $132,160 | $30,690 | $101,470 |
| 2023 | $12,188 | $120,580 | $28,000 | $92,580 |
| 2022 | $11,368 | $111,030 | $25,780 | $85,250 |
| 2021 | $10,523 | $103,480 | $24,030 | $79,450 |
| 2020 | $10,162 | $100,470 | $23,330 | $77,140 |
| 2019 | $9,872 | $100,470 | $23,330 | $77,140 |
| 2018 | $9,832 | $101,170 | $23,490 | $77,680 |
| 2017 | $10,171 | $101,170 | $23,490 | $77,680 |
| 2016 | $9,702 | $97,280 | $22,590 | $74,690 |
| 2015 | $9,456 | $97,280 | $22,590 | $74,690 |
| 2014 | $9,328 | $93,990 | $21,830 | $72,160 |
| 2013 | $9,405 | $95,900 | $22,270 | $73,630 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2022
Jon Fisher
MR. LANDMAN
(217) 202-0924
6 in this area
216 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11300260
APN: 93-21-17-331-012
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