NOT LISTED FOR SALE

510 E Fairlawn Dr Unit 39 Urbana, IL 61801

Fairlawn Park Neighborhood

Estimated Value: $96,260 - $125,000

2 Beds
1 Bath
833 Sq Ft
$91/mo HOA Fee

Last Sold October 30, 2020

Last sale price $68,500 $82 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $747/month

16 Days on Market

About This Home

As of October 2020

Great investment opportunity coming soon with central established Urbana location for this nice updated ranch style condo with no one above or below you. Good move-in condition all ready for the buyer who would like an inexpensive home to own outright, or ready to quickly lease as an investment property with this appealing location and layout. Bonus... this one also comes with a private 1-car garage unit & is located on the off-street courtyard. Priced to go fast for qualified buyers. With the low turnover for this nice location, this one will be hard to replace if you miss out so call today to line up your showing in advance to be first in!

Last Agent to Sell the Property

Bradley Coats

RE/MAX REALTY ASSOCIATES-CHA License #475126018 Listed on: 08/24/2020

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Bradley Coats

RE/MAX REALTY ASSOCIATES-CHA License #475126018 Listed on: 08/24/2020

RE/MAX REALTY ASSOCIATES-CHA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,174

Year Built

  • 1970

Lot Details

  • 741

HOA Fees

  • $91 per month

Parking

  • Detached Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price
  • Garage Is Owned

Home Design

  • Slab Foundation
  • Vinyl Siding

Utilities

  • Central Air

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,174

Year Built

1970

Lot Details

0

HOA Fees

$91 per month

Parking

1

Listing Details

  • Property Type: Attached Single
  • Built Before 1978 (Y/N): Yes
  • Unit Floor Level: 1
  • Age: 41-50 Years
  • Full Bathrooms: 1
  • Ownership: Condo
  • Total Full or Half Bathrooms: 1
  • Total Sq Ft: 833
  • Estimated Year Built: 1970
  • Tax Exemptions: Homeowner
  • Type Attached: Condo
  • Total Sq Ft: 833
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1
  • Year Built: 1970

Interior Features

  • Number Of Rooms: 4
  • Living Room: Dimensions: 18X14, On Level: Main Level
  • Basement: Slab
  • Bedrooms All Levels: 2
  • Above Grade Bedrooms: 2
  • Kitchen Type: Dimensions: 12X10, On Level: Main Level
  • Additional Rooms: No additional rooms
  • Master Bedroom: Dimensions: 12X11, On Level: Main Level
  • Bedroom 2: Dimensions: 10X9, On Level: Main Level
  • Estimated Sq Ft: 833
  • Estimated Total Finished Sq Ft: 833
  • Main Level Sq Ft: 833

Exterior Features

  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Number of Cars: 1
  • Parking: Garage
  • Garage Type: Detached
  • Garage Details: Garage Door Opener(s), Transmitter(s)
  • Garage On Site: Yes
  • Number Garage Spaces: 1
  • Parking Included In Price: Yes
  • Garage Ownership: Owned

Utilities

  • Air Conditioner: Central Air
  • Water: Public
  • Sewer: Sewer-Public

Condo/Co-op/Association

  • Fee Frequency: Monthly
  • Pet Information: No Pets
  • Special Assessments: U
  • Assessment Association Fees: 91
  • Management Contact Name: oor
  • Management Phone: 888-888-8888X8888

Fee Information

  • Management Company: oor

Schools

  • School District: 116
  • Elementary School: Urbana Elementary School
  • Middle School: Urbana Middle School
  • High School: Urbana High School
  • Junior High Dist: 116

Lot Info

  • Lot Dimensions: CONDO
  • Parcel Identification Number: 932117428041

Multi Family

  • Total Number Unitsin Building: 6
  • Number Stories: 1

Tax Info

  • Taxes: 814.06

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2020
Closed on
Oct 26, 2020
Sold by
Wade Derek M and Auter Cortney
Bought by
Fairlawn Village Development Llc
Seller's Agent
Bradley Coats
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Bradley Coats
RE/MAX REALTY ASSOCIATES-CHA
List Price
$68,500
Sold Price
$68,500
Current Estimated Value
$101,941

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,441
Avg. Annual Appreciation
7.16%

Purchase Details

Closed on
Sep 1, 2006
Sold by
Villas At Fairlawn Llc
Bought by
Wade Derek M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,250
Interest Rate
6.77%
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
Fairlawn Village Development Llc $38,500 None Available
Wade Derek M $88,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fairlawn Village Development L $3,000,000
Previous Owner Wade Derek M $79,900
Previous Owner Wade Derek M $85,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2020 10/30/20 Sold $68,500 0.0% $82 / Sq Ft
09/09/2020 09/09/20 Pending -- -- --
08/24/2020 08/24/20 For Sale $68,500 -- $82 / 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 $1,174 $18,680 $3,740 $14,940
2023 $1,174 $17,040 $3,410 $13,630
2022 $1,049 $15,690 $3,140 $12,550
2021 $1,579 $14,630 $2,930 $11,700
2020 $838 $13,790 $2,760 $11,030
2019 $814 $13,790 $2,760 $11,030
2018 $815 $13,890 $2,780 $11,110
2017 $843 $13,890 $2,780 $11,110
2016 $839 $13,890 $2,780 $11,110
2015 $848 $13,890 $2,780 $11,110
2014 $836 $13,890 $2,780 $11,110
2013 $825 $13,890 $2,780 $11,110
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10828531

Midwest Real Estate Data (MRED)

APN: 93-21-17-428-041