$150,000
SOLD AUG 23, 2024

511 W Clark St Champaign, IL 61820

2 Beds
2 Baths
1,152 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$130 Per Sq Ft

27 Days on Market

Highlights

  • Corner Lot
  • Porch
  • Space Heater
  • Central High School Rated A

About This Home

As of August 2024

Two-unit investment opportunity less than 1 mile from Downtown Champaign. 1st Floor Unit:1 Bed/1 Bath and large flex room-no closet, laundry in kitchen, access to unfinished basement & screened in back porch. 2nd Floor Unit - 1 Bed, 1 Bath + small office space. Each unit is currently rented month-to-month for $900/month ($1,800 total) includes gas/electric/water/trash/sewer. Property to be sold as-is. 24 hours notice for showings.

Last Agent to Sell the Property

Nate Evans

eXp Realty,LLC-Mahomet License #475124281

eXp Realty,LLC-Mahomet

Co-Listed By

Amy Pellum

eXp Realty,LLC-Mahomet License #475161795

Last Buyer's Agent

Nate Evans

eXp Realty,LLC-Mahomet License #475124281

eXp Realty,LLC-Mahomet

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,831

Year Built

  • Built in 1889

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 66x83
  • Corner Lot

Home Design

  • Brick Foundation
  • Asphalt Roof
  • Aluminum Siding

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Bathrooms

Unfinished Basement

  • Partial Basement
  • Sump Pump

Schools

  • Champaign Elementary School
  • Champaign Junior High School
  • Champaign High School

Utilities

  • Space Heater
  • Heating System Uses Natural Gas

Additional Features

  • 2-Story Property
  • Porch

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,831

Year Built

Built in 1889

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1889
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LT 6 WHITE'S, JOHN P. ADDITION
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Other Equipment: Sump Pump
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Brick/Mortar
  • List Price: 150000
  • Lot Features: Corner Lot
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Aluminum Siding

Garage/Parking

  • Parking: None

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Space Heater
  • Water Source: Public

Schools

  • Elementary School: Champaign Elementary School
  • High School: Champaign High School
  • Middle/Junior School: Champaign Junior High School
  • Middle/Junior School District: 4

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 66X83
  • Zoning: MULTI
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: No

Tax Info

  • Tax Annual Amount: 2830.56
  • Tax Year: 2016
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: 2 Story Unit/s

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 2, 2024
Closed on
Aug 13, 2024
Sold by
Springer P Gregory
Bought by
Andersen Erik L
Seller's Agent
Nate Evans
eXp Realty,LLC-Mahomet
Buyer's Agent
Nate Evans
eXp Realty,LLC-Mahomet
List Price
$150,000
Sold Price
$150,000
Total Days on Market
27
Current Estimated Value
$149,820

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$180
Avg. Annual Appreciation
-0.66%
Original Mortgage
$112,500
Outstanding Balance
$111,766
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$37,534

Purchase Details

Closed on
Aug 8, 2017
Sold by
Mercer Kristi A and Kenner Karen M
Bought by
Springer P Gregory

Map

Range of Values:

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Average Value
Not Available
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 Type Sale Price Title Company
Warranty Deed $150,000 None Listed On Document
Executors Deed $107,000 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $112,500 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2024 08/23/24 Sold $150,000 0.0% $130 / Sq Ft
07/30/2024 07/30/24 Pending -- -- --
07/02/2024 07/02/24 For Sale $150,000 -- $130 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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 $3,909 $47,600 $11,390 $36,210
2023 $3,909 $43,350 $10,370 $32,980
2022 $3,677 $39,990 $9,570 $30,420
2021 $3,589 $39,200 $9,380 $29,820
2020 $3,456 $37,690 $9,020 $28,670
2019 $3,344 $36,910 $8,830 $28,080
2018 $3,269 $36,330 $8,690 $27,640
2017 $3,157 $34,940 $8,360 $26,580
2016 $2,831 $34,220 $8,190 $26,030
2015 $2,852 $33,610 $8,040 $25,570
2014 $2,827 $33,610 $8,040 $25,570
2013 $2,802 $33,610 $8,040 $25,570
Source: Public Records

Source: Midwest Real Estate Data (MRED)

MLS Number: 12100391

Midwest Real Estate Data (MRED)

APN: 42-20-12-377-015