Carol Meinhart
Responds Quickly
The Real Estate Group LLC
(217) 858-4967
768 Total Sales
27 in Southeast Urbana
$115K - $420K Price Range
507 E Colorado Ave Urbana, IL 61801
Southeast Urbana NeighborhoodEstimated Value: $193,000 - $238,000
3
Beds
2
Baths
1,364
Sq Ft
$161/Sq Ft
Est. Value
Highlights
- 2 Fireplaces
- 1 Car Attached Garage
- Laundry Room
- Formal Dining Room
- Living Room
- 1-Story Property
About This Home
As of August 2023All brick ranch on a basement with loads of POTENTIAL! Rare opprotunity in todays market. Hardwood floors throughout the main floor (refinished and exposed in the dining room and 2nd bedroom) offer the possibility to make this into a real charmer. Property has a full basement with a second full bath, and endless opprotunities with an additional fireplace that makes converting to comfortable living space attractive. Some furniture still on premises, there will be an estate sale. May be people on site finishing up some items. Property is in an estate, prefer no inspection contingincies and need some time for response. Inspection included in attachments.
Last Agent to Sell the Property
Coldwell Banker R.E. Group License #475142864 Listed on: 06/04/2023
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Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,269
Year Built
- Built in 1956
Lot Details
- Lot Dimensions are 71x130
Parking
- 1 Car Attached Garage
- Driveway
- Parking Included in Price
Home Design
- Brick Exterior Construction
- Block Foundation
- Asphalt Roof
Interior Spaces
- 1,364 Sq Ft Home
- 1-Story Property
- 2 Fireplaces
- Family Room
- Living Room
- Formal Dining Room
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Potential Bedrooms
- 2 Full Bathrooms
Unfinished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Schools
- Wiley Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Senior Tax Exemptions
- Homeowner Tax Exemptions
- Senior Freeze Tax Exemptions
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
Jun 4, 2023
Closed on
Aug 4, 2023
Sold by
Bought by
Seller's Agent
Jason Rogers
Coldwell Banker R.E. Group
Buyer's Agent
Phillip Trautman
Champaign County Realty
List Price
$195,000
Sold Price
$162,500
Premium/Discount to List
-$32,500
-16.67%
Views
124
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
$57,132
Avg. Annual Appreciation
10.35%
Original Mortgage
$130,000
Outstanding Balance
$125,652
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$93,980
Purchase Details
Listed on
Jun 4, 2023
Closed on
Aug 3, 2023
Sold by
Bought by
Seller's Agent
Jason Rogers
Coldwell Banker R.E. Group
Buyer's Agent
Phillip Trautman
Champaign County Realty
List Price
$195,000
Sold Price
$162,500
Premium/Discount to List
-$32,500
-16.67%
Views
124
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Outstanding Balance
$125,652
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$93,980
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Southeast Urbana, IL
-
Carol Meinhart
-
Laura Heiser
Laura Heiser
The Real Estate Group,Inc
(217) 858-3171
203 Total Sales
4 in Southeast Urbana
$180K - $260K Price Range
-
Barb Schwartz
Barb Schwartz
Keller Williams Realty Atl. Partners
(217) 794-6090
89 Total Sales
6 in Southeast Urbana
$239K - $375K Price Range
-
PJ Trautman
PJ Trautman
Trautman Real Estate Agency & Appraisal LLC
(217) 858-4950
167 Total Sales
10 in Southeast Urbana
$64K - $725K Price Range
-
Brock Collins
Brock Collins
Responds QuicklyeXp Realty - Mahomet Branch
(217) 688-9482
62 Total Sales
1 in Southeast Urbana
$290,000 Price
-
Jake Patterson
Jake Patterson
Realty Select One
(217) 858-3002
137 Total Sales
2 in Southeast Urbana
$153K - $280K Price Range
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 |
|---|---|---|---|
| $162,500 | None Listed On Document | ||
| -- | None Listed On Document |
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 | $130,000 |
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 |
|---|---|---|---|---|
| 08/04/2023 08/04/23 | Sold | $162,500 | -12.2% | $119 / Sq Ft |
| 07/06/2023 07/06/23 | Pending | -- | -- | -- |
| 06/12/2023 06/12/23 | Price Changed | $185,000 | -5.1% | $136 / Sq Ft |
| 06/04/2023 06/04/23 | For Sale | $195,000 | -- | $143 / 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 | $6,258 | $70,470 | $20,560 | $49,910 |
| 2024 | $5,834 | $66,600 | $19,430 | $47,170 |
| 2023 | $5,834 | $60,770 | $17,730 | $43,040 |
| 2022 | $2,269 | $55,960 | $16,330 | $39,630 |
| 2021 | $4,448 | $52,150 | $15,220 | $36,930 |
| 2020 | $2,254 | $47,760 | $13,940 | $33,820 |
| 2019 | $2,193 | $47,760 | $13,940 | $33,820 |
| 2018 | $2,165 | $48,100 | $14,040 | $34,060 |
| 2017 | $2,240 | $47,070 | $13,740 | $33,330 |
| 2016 | $2,228 | $46,150 | $13,470 | $32,680 |
| 2015 | $2,245 | $46,150 | $13,470 | $32,680 |
| 2014 | $2,215 | $46,150 | $13,470 | $32,680 |
| 2013 | $2,186 | $45,250 | $13,470 | $31,780 |
Source: Public Records
Agents Affiliated with this Home
-
Jason Rogers
J
Seller's Agent in 2023
Jason Rogers
Coldwell Banker R.E. Group
(217) 621-2496
2 in this area
23 Total Sales
-
Phillip Trautman
Buyer's Agent in 2023
Phillip Trautman
Champaign County Realty
(217) 202-1234
4 in this area
111 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11799456
APN: 93-21-20-280-006
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID
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