NOT LISTED FOR SALE

5314 Trautlake Dr S Champaign, IL 61822

Estimated Value: $235,000 - $273,000

3 Beds
3 Baths
2,311 Sq Ft
2,134 Sq Ft Lot

Last Sold April 06, 2023

Last sale price $199,000 $86 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $1,604/month

Highlights

  • Lake Front
  • Deck
  • Main Floor Bedroom
  • Open Floorplan
  • Vaulted Ceiling
  • Sun or Florida Room

About This Home

As of April 2023

Come out and tour this unique West Champaign condo in the Mahomet-Seymour School District yet only minutes from Downtown Champaign. The property sits on a Private Lake with just one additional condo unit and two other private homes having access to the water. This home boasts an open downstairs Livingroom/Dining room/Kitchen floorplan accentuated by a cathedral ceiling, skylights, and all new flooring. A gas fireplace adds to the ambiance. The lake, visible from almost everywhere in the home, is best enjoyed from the Four Season room which provides a wonderful view of both the spacious deck and the private boat ramp. All three bedrooms in this home have adjoining full bathrooms. The first-floor Master suite also has a spacious walk-in closet, vanity, and linen closet. The second floor has a large loft with new carpet, a third bedroom, and an additional small room used by the previous owner as his workshop. There are no condo fees included. This could be your dream home! Call today to schedule your private showing.

Last Agent to Sell the Property

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 03/07/2023

Last Buyer's Agent

Russ Taylor

Taylor Realty Associates License #471001422 Listed on: 03/07/2023

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,177

Year Built

  • Built in 1990

Lot Details

  • Lake Front

Parking

  • 2 Car Attached Garage
  • Parking Included in Price

Interior Spaces

  • 2,311 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Vaulted Ceiling
  • Skylights
  • Living Room with Fireplace
  • Sitting Room
  • Combination Kitchen and Dining Room
  • Sun or Florida Room
  • Water Views
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on main level

Outdoor Features

  • Tideland Water Rights
  • Deck

Schools

  • Mahomet Elementary School
  • Mahomet Junior High School
  • Mahomet-Seymour High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Private or Community Septic Tank

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,177

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1990
  • Age: 31-40 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: 1
  • Legal Description: LOT PT COMMONS PENNY LANE CONDO UNITS 1 AND 2
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: None
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Open Floorplan
  • LivingArea: 2311
  • Room Type: Sitting Room, Sun Room
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 2311
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Kitchen/Dining Combo
  • Fireplace Location: Living Room
  • Total Sq Ft: 2311
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck
  • Lot Features: Lake Front, Water Rights, Water View
  • Waterfront: Yes
  • Exterior Building Type: Vinyl Siding,Brick

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Septic-Private
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee Frequency: Monthly
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: self managed
  • Management Contact Name: self managed
  • Management Phone: 999-999-9999
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Mahomet Elementary School
  • High School: Mahomet-Seymour High School
  • Middle/Junior School: Mahomet Junior High School

Lot Info

  • Lot Dimensions: CONDO
  • 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: 3177.36
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 6, 2023
Sold by
Janet F Mohr Declaration Of Trust
Bought by
Kiss Laszlo and Kiss Diane Elizabeth
Seller's Agent
Russ Taylor
Taylor Realty Associates
Buyer's Agent
Russ Taylor
Taylor Realty Associates
List Price
$199,000
Sold Price
$199,000
Current Estimated Value
$252,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$53,247
Avg. Annual Appreciation
8.80%
Original Mortgage
$159,200
Outstanding Balance
$154,466
Interest Rate
7%
Mortgage Type
New Conventional
Estimated Equity
$97,781

Purchase Details

Closed on
Sep 19, 2022
Sold by
Roger Miller
Bought by
Board Of Managers Of The Penny Lane Condomini

Purchase Details

Closed on
Apr 25, 2005
Sold by
Mohr Janet F
Bought by
Mohr Janet F
Source: Public Records
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Purchase History

Date Buyer Sale Price Title Company
Kiss Laszlo $199,000 None Listed On Document
Board Of Managers Of The Penny Lane Condomini -- --
Mohr Janet F $34,666 None Listed On Document
Mohr Larry M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiss Laszlo $159,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/06/2023 04/06/23 Sold $199,000 0.0% $86 / Sq Ft
03/08/2023 03/08/23 For Sale $199,000 -- $86 / Sq Ft
03/07/2023 03/07/23 Pending -- -- --
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 $3,499 $68,970 $8,970 $60,000
2023 $3,499 $63,680 $8,280 $55,400
2022 $3,244 $59,400 $7,720 $51,680
2021 $3,177 $58,350 $7,580 $50,770
2020 $3,137 $57,770 $7,500 $50,270
2019 $2,901 $54,420 $7,060 $47,360
2018 $2,821 $53,340 $7,060 $46,280
2017 $2,775 $52,410 $7,060 $45,350
2016 $2,775 $52,410 $7,060 $45,350
2015 $2,781 $52,410 $7,060 $45,350
2014 $2,678 $51,660 $7,060 $44,600
2013 $2,670 $51,660 $7,060 $44,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11733043

Midwest Real Estate Data (MRED)

APN: 03-20-08-302-013