Seller's Agent in 2019
Diane Dawson
RE/MAX
(217) 373-4812
5 in this area
302 Total Sales
508 E Washington St Urbana, IL 61801
Historic East Urbana NeighborhoodEstimated Value: $172,000 - $192,570
2
Beds
2
Baths
1,078
Sq Ft
$168/Sq Ft
Est. Value
Highlights
- The property is located in a historic district
- Main Floor Bedroom
- Porch
- Wood Flooring
- Detached Garage
- Dry Bar
About This Home
As of January 2019Assessed at 126K. All brick home with finished basement on tree lined street in historical section of Old Town Urbana. Sought after "grid 56" location in Leal school disctrict & only 1.5 miles from campus. Large main living space with gleaming hardwood and arched doorways. Gorgeous, updated bathroom on main level with ceramic tile floors/walls, new vanity & fixtures. Enormous 38 x 20 ft. professionally painted, finished family room basement. (plenty of space and easy to add 3rd bedroom if needed) Basement also has 2nd full bath, wet bar area, laundry and tons of storage. High end carpet and vinyl plank flooring just installed in basement. Separate dining room. Exterior trim & interior recently painted in current grey shades. Brand new hot water heat boiler 2017. Over-sized two car, detached garage. Buyer can the taxes reduced a lot by having the assessed value reduced to the purchase price. Hurry...this is a lot of house in a great location!
Last Agent to Sell the Property
RE/MAX REALTY ASSOCIATES-CHA License #475126019 Listed on: 11/15/2018
Home Details
Home Type
- Single Family
Year Built
- 1953
Lot Details
- 6,534
Parking
- Detached Garage
- Driveway
- Parking Included in Price
- Garage Is Owned
Home Design
- Bungalow
- Brick Exterior Construction
- Block Foundation
- Asphalt Shingled Roof
Interior Spaces
- Dry Bar
- Wood Flooring
Kitchen
- Oven or Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathroom on Main Level
Laundry
- Dryer
- Washer
Partially Finished Basement
- Basement Fills Entire Space Under The House
- Finished Basement Bathroom
Location
- Property is near bus stop
- The property is located in a historic district
Utilities
- 3+ Cooling Systems Mounted To A Wall/Window
- Hot Water Heating System
Additional Features
- Porch
- Southern Exposure
Listing and Financial Details
- Homeowner Tax Exemptions
- $2,000 Seller Concession
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 15, 2018
Closed on
Jan 11, 2019
Sold by
Lantz Raymond T
Bought by
Schacht Julie
Seller's Agent
Diane Dawson
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Kimberly Clark
RE/MAX REALTY ASSOCIATES-CHA
List Price
$98,500
Sold Price
$99,500
Premium/Discount to List
$1,000
1.02%
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
$82,810
Avg. Annual Appreciation
8.87%
Original Mortgage
$50,000
Outstanding Balance
$31,513
Interest Rate
4.12%
Mortgage Type
New Conventional
Estimated Equity
$149,630
Purchase Details
Closed on
Aug 21, 2009
Sold by
Sweetland Shelley
Bought by
Lantz Raymond T
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.27%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 30, 2008
Sold by
Kimberlin Florence Joy and Sweetland Shelley
Bought by
Kimberlin Florence Joy and Sweetland Shelley
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 |
|---|---|---|---|
| Schacht Julie | $99,500 | Attorney | |
| Lantz Raymond T | $100,000 | None Available | |
| Kimberlin Florence Joy | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Schacht Julie | $50,000 | |
| Previous Owner | Lantz Raymond T | $80,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/11/2019 01/11/19 | Sold | $99,500 | +5.3% | $92 / Sq Ft |
| 12/10/2018 12/10/18 | Pending | -- | -- | -- |
| 11/23/2018 11/23/18 | Price Changed | $94,500 | -4.1% | $88 / Sq Ft |
| 11/15/2018 11/15/18 | For Sale | $98,500 | -- | $91 / 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 | $3,275 | $54,970 | $12,260 | $42,710 |
| 2023 | $3,275 | $50,160 | $11,190 | $38,970 |
| 2022 | $3,333 | $46,180 | $10,300 | $35,880 |
| 2021 | $3,324 | $43,040 | $9,600 | $33,440 |
| 2020 | $3,850 | $41,790 | $9,320 | $32,470 |
| 2019 | $3,740 | $41,790 | $9,320 | $32,470 |
| 2018 | $3,728 | $42,090 | $9,390 | $32,700 |
| 2017 | $3,857 | $42,090 | $9,390 | $32,700 |
| 2016 | $3,664 | $40,470 | $9,030 | $31,440 |
| 2015 | $3,537 | $40,470 | $9,030 | $31,440 |
| 2014 | $3,489 | $38,910 | $8,680 | $30,230 |
| 2013 | $3,443 | $38,910 | $8,680 | $30,230 |
Source: Public Records
Agents Affiliated with this Home
-
Diane Dawson
-
Kimberly Clark
Buyer's Agent in 2019
Kimberly Clark
RE/MAX
(217) 417-6745
3 in this area
200 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: MRD10138796
APN: 92-21-17-286-026
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