NOT LISTED FOR SALE

516 N James St Unit 2A Tolono, IL 61880

Estimated Value: $156,000 - $159,629

2 Beds
2 Baths
1,150 Sq Ft
$75/mo HOA Fee

Last Sold August 16, 2022

Last sale price $134,000 $117 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $1,168/month

6 Days on Market

Highlights

  • Vaulted Ceiling
  • 1 Car Attached Garage
  • Living Room
  • Formal Dining Room
  • Patio
  • Laundry Room

About This Home

As of August 2022

This wonderful second-floor unit features and open living plan with vaulted ceiling in the living room and a fireplace for chilly spring nights. The master suite has a large walk-in closet and sliding door to the second floor balcony. This unit is move-in ready! Great location on the north side of Tolono, just minutes from Champaign-Urbana.

Last Listed By

Nick Ward

JOEL WARD HOMES, INC License #471020454 Listed on: 04/10/2022

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,020

Year Built

  • Built in 2006

Lot Details

  • 1,437

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Vinyl Siding

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Living Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Patio

Schools

  • Unity West Elementary School
  • Unity Junior High School
  • Unity High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 200+ Amp Service

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • Association fees include insurance, exterior maintenance, lawn care
  • 8 Units
  • James St. Condo Association
  • Windstone Subdivision
  • Property managed by James St. Condo

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,020

Year Built

Built in 2006

Lot Details

0

HOA Fees

$75 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Subdivision Name: Windstone
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 2
  • Legal Description: UNIT 2A AND UNIT 2A GARAGE OF JAMES ST CONDOMINIUMS II
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Gas Log
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings
  • LivingArea: 1150
  • Room Type: No additional rooms
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1150
  • Assessed Sq Ft: 1092
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1150
  • Basement Sq Ft: 0
  • Total Sq Ft: 1150
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1150
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 132500
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s)
  • Garage On-Site: Yes
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Natural Gas, Forced Air
  • Laundry Features: In Unit
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 75
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: James St. Condo
  • Management Contact Name: James St. Condo
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Exterior Maintenance, Lawn Care

Schools

  • Elementary School: Unity West Elementary School
  • High School: Unity High School
  • Middle/Junior School: Unity Junior High School
  • Middle/Junior School District: 7

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3020.02
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

Multi Family

  • Units in Building: 8

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2022
Closed on
Jul 28, 2022
Sold by
Erb Michael M
Bought by
Boddu Lavanya
Seller's Agent
Nick Ward
JOEL WARD HOMES, INC
Buyer's Agent
Nick Ward
JOEL WARD HOMES, INC
List Price
$132,500
Sold Price
$134,000
Premium/Discount to List
$1,500
1.13%
Total Days on Market
6
Current Estimated Value
$158,302

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,302
Avg. Annual Appreciation
6.18%
Original Mortgage
$127,300
Outstanding Balance
$122,459
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$35,198

Purchase Details

Closed on
Jun 22, 2009
Sold by
Nelson William J
Bought by
Erb Michael M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$113,265
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2008
Sold by
Wilson Scott M and Wilson Stacey
Bought by
Nelson William J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,500
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 19, 2007
Sold by
Creek Development Inc
Bought by
Wilson Stacey

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
Boddu Lavanya $134,000 None Listed On Document
Erb Michael M $111,000 None Available
Nelson William J $115,500 None Available
Wilson Stacey $119,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Boddu Lavanya $127,300
Previous Owner Erb Michael M $59,750
Previous Owner Erb Michael M $113,265
Previous Owner Nelson William J $79,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/16/2022 08/16/22 Sold $134,000 +1.1% $117 / Sq Ft
08/16/2022 08/16/22 For Sale $132,500 -1.1% $115 / Sq Ft
08/08/2022 08/08/22 Off Market $134,000 -- --
04/17/2022 04/17/22 Pending -- -- --
04/10/2022 04/10/22 For Sale $132,500 -- $115 / 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 $2,597 $43,790 $3,180 $40,610
2023 $2,597 $40,660 $2,950 $37,710
2022 $3,194 $48,910 $2,740 $46,170
2021 $3,052 $46,400 $2,600 $43,800
2020 $3,020 $45,360 $2,540 $42,820
2019 $3,227 $44,730 $2,500 $42,230
2018 $3,190 $44,730 $2,500 $42,230
2017 $2,764 $42,800 $2,390 $40,410
2016 $2,672 $40,910 $2,280 $38,630
2015 $2,619 $39,450 $2,200 $37,250
2014 $2,662 $40,100 $2,240 $37,860
2013 $2,608 $40,100 $2,240 $37,860
Source: Public Records

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APN: 29-26-26-252-026