Seller's Agent in 2023
Jeff and Laura Finke
Coldwell Banker R.E. Group
(217) 766-1996
19 in this area
487 Total Sales
604 S Busey Ave Urbana, IL 61801
West Urbana NeighborhoodEstimated Value: $264,000 - $362,000
6
Beds
3
Baths
1,024
Sq Ft
$293/Sq Ft
Est. Value
About This Home
As of May 2023Currently a two-unit campus rental. Both leases currently end on 8/1/2023. Owner is possibly going to sign a lease for 8/2023-8/2024 if the opportunity presents itself prior to having this property under contract for sale. Property currently rents for $3000 per month. Tenants pay all utilities. Basement offers area for mechanicals and storage.
Last Agent to Sell the Property
Coldwell Banker R.E. Group License #471010471 Listed on: 12/16/2022
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,917
Lot Details
- Lot Dimensions are 79.4 x 85
Home Design
- Asphalt Roof
- Vinyl Siding
Interior Spaces
- 3-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 6 Bedrooms
- 6 Potential Bedrooms
- 3 Bathrooms
Parking
- 3 Parking Spaces
- Driveway
- Uncovered Parking
- Parking Included in Price
Schools
- Leal Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 16, 2022
Closed on
May 26, 2023
Sold by
Santic Pamela S
Bought by
Kuk-Hwan Kim
Seller's Agent
Jeff and Laura Finke
Coldwell Banker R.E. Group
Buyer's Agent
Ronald Fields
AroundCU Real Estate Company
List Price
$300,000
Sold Price
$260,000
Premium/Discount to List
-$40,000
-13.33%
Total Days on Market
131
Views
385
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,669
Avg. Annual Appreciation
4.11%
Original Mortgage
$160,000
Outstanding Balance
$145,582
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$138,755
Purchase Details
Closed on
Jun 18, 2009
Sold by
Domicile Management Llc
Bought by
Domicile Management Llc 604 S Busey Seri
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Kuk-Hwan Kim | $260,000 | None Listed On Document | |
| Domicile Management Llc 604 S Busey Seri | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Kuk-Hwan Kim | $160,000 | |
| Previous Owner | Domicile Management Llc | $72,346 | |
| Previous Owner | Domicile Mgt Llc | $100,975 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/31/2023 05/31/23 | Sold | $260,000 | -13.3% | $254 / Sq Ft |
| 04/27/2023 04/27/23 | Pending | -- | -- | -- |
| 12/16/2022 12/16/22 | For Sale | $300,000 | -- | $293 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $10,239 | $105,500 | $27,070 | $78,430 |
| 2023 | $10,239 | $96,260 | $24,700 | $71,560 |
| 2022 | $9,593 | $88,630 | $22,740 | $65,890 |
| 2021 | $8,917 | $82,600 | $21,190 | $61,410 |
| 2020 | $8,626 | $80,190 | $20,570 | $59,620 |
| 2019 | $8,380 | $80,190 | $20,570 | $59,620 |
| 2018 | $8,343 | $80,760 | $20,720 | $60,040 |
| 2017 | $8,631 | $80,760 | $20,720 | $60,040 |
| 2016 | $8,334 | $78,410 | $20,120 | $58,290 |
| 2015 | $8,141 | $78,410 | $20,120 | $58,290 |
| 2014 | $8,031 | $75,760 | $19,440 | $56,320 |
| 2013 | $8,088 | $77,310 | $19,840 | $57,470 |
Source: Public Records
Agents Affiliated with this Home
-
Jeff and Laura Finke
-
Ronald Fields
Buyer's Agent in 2023
Ronald Fields
AroundCU Real Estate Company
(217) 621-6966
8 in this area
120 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 11676393
APN: 92-21-17-156-008
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