NOT LISTED FOR SALE

510 S Lynn St Champaign, IL 61820

Estimated Value: $208,000 - $256,000

4 Beds
2 Baths
1,850 Sq Ft
$126/Sq Ft Est. Value

Last Sold February 28, 2022

Last sale price $153,000 $83 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,583/month

101 Days on Market

Highlights

  • Formal Dining Room
  • Detached Garage
  • 4-minute walk to Harris Park
  • Central High School Rated A

About This Home

As of February 2022

Sweet Charmer and close proximity to downtown Champaign, Champaign Public Library, University of Illinois, schools, shopping, restaurants and so many great things. Located in established sought after neighborhood! Main floor offers a traditional floor plan with open kitchen, first floor bedroom and a formal living room, dining room and flex space. Spacious bedrooms! Beautiful hardwood floors. Unfinished basement with plenty of extra storage. 2 car carport plus an extra 3 car garage. Current owners have rented the 3 car garage in past for a little extra cash flow. This is a lot of space for a great price.

Last Agent to Sell the Property

Elizabeth Young

KELLER WILLIAMS-TREC License #475156036 Listed on: 10/15/2021

KELLER WILLIAMS-TREC

Last Buyer's Agent

Michael Cross

RE/MAX REALTY ASSOCIATES-CHA License #475142215

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,784

Year Built

  • 1933

Lot Details

  • 10,759

Parking

  • Detached Garage
  • Parking Space is Owned

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,850 Sq Ft Home
  • 2-Story Property
  • Formal Dining Room
  • Unfinished Basement

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,784

Year Built

1933

Lot Details

0

Parking

3

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 2 Stories
  • Property Sub Type: 2 Stories
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 4 MURRAY'S REPLAT OF PT. BARRETT'S ADD
  • Directions: From Prospect, East on Green, North on Lynn. House on East side of Lynn.
  • Lot Size: 55.08 X 199
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1933

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Disposal, Range Hood
  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 1850
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1850
  • Basement Sq Ft: 379
  • Square Footage Comments: Reallustrations
  • Total Sq Ft: 2229
  • Unfinished Basement Sq Ft: 379
  • Upper Level Sq Ft: 727
  • Main Level Sq Ft: 1123
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Interior Amenities: First Floor Bedroom
  • Dining Room Type: No additional rooms

Exterior Features

  • Exterior Features: Deck, Porch
  • Exterior Building Type: Vinyl Siding
  • Waterfront: No

Garage/Parking

  • Number of Cars: 3
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 3

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Central High School
  • Junior High Dist: 4
  • Middle Or Junior School: Champaign/Middle Call Unit 4 351

Lot Info

  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Exemptions: Homeowner
  • Tax Annual Amount: 3274.08
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 15, 2021
Closed on
Feb 17, 2022
Sold by
Won Sung L and Won Mindy L
Bought by
Carlson Thomas A
Seller's Agent
Elizabeth Young
KELLER WILLIAMS-TREC
Buyer's Agent
Michael Cross
RE/MAX REALTY ASSOCIATES-CHA
List Price
$185,000
Sold Price
$153,000
Premium/Discount to List
-$32,000
-17.3%
Current Estimated Value
$233,008

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$80,008
Avg. Annual Appreciation
11.91%
Original Mortgage
$130,050
Outstanding Balance
$121,903
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$105,448

Purchase Details

Closed on
Apr 12, 2016
Sold by
Mallory Mindy L
Bought by
Mallory Mindy L and Kim Sung Won

Purchase Details

Closed on
Jun 28, 2010
Sold by
Harrell Michael J and Harrell Heidi L
Bought by
Mallory Mindy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$153,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2005
Sold by
Herber Peter T
Bought by
Harrel Michael J and Harrell Heidi L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,120
Interest Rate
5.86%
Mortgage Type
Fannie Mae Freddie Mac
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
Carlson Thomas A $153,000 None Listed On Document
Mallory Mindy L -- Attorney
Mallory Mindy L $170,000 None Available
Harrel Michael J $154,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carlson Thomas A $130,050
Previous Owner Mallory Mindly L $127,500
Previous Owner Mallory Mindy L $153,000
Previous Owner Harrel Michael J $123,120
Previous Owner Harrell Michael J $23,085
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2022 02/28/22 Sold $153,000 -17.3% $83 / Sq Ft
01/25/2022 01/25/22 Pending -- -- --
10/15/2021 10/15/21 For Sale $185,000 -- $100 / 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 $3,784 $52,660 $20,350 $32,310
2023 $3,784 $47,960 $18,530 $29,430
2022 $4,068 $44,240 $17,090 $27,150
2021 $3,421 $43,370 $16,750 $26,620
2020 $3,274 $41,710 $16,110 $25,600
2019 $3,158 $40,850 $15,780 $25,070
2018 $3,078 $40,210 $15,530 $24,680
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11247625

Midwest Real Estate Data (MRED)

APN: 432013130020