NOT LISTED FOR SALE

605 S Coler Ave Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $245,000 - $298,000

4 Beds
2 Baths
1,029 Sq Ft
$255/Sq Ft Est. Value

Last Sold April 12, 2022

Last sale price $221,000 $215 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $1,809/month

22 Days on Market

Highlights

  • 1 Car Detached Garage
  • Porch
  • Paved or Partially Paved Lot

About This Home

As of April 2022

Fantastic True Duplex near campus!! Great rental history. Each unit pays their own utilities. Kitchen in Unit 1 has been totally renovated. Each unit has great space and floor plan. Some Hardwood floors. Finished basement that was once used for rental, it's a very nice space for games, storage, extra gathering space etc. Very well kept with great tenants at this time. ALSO: Leases already signed for 2022-2023 for $2095 per month. JSJ manages this building.

Last Agent to Sell the Property

Eric Porter

The Real Estate Group,Inc License #475126463 Listed on: 02/16/2022

The Real Estate Group,Inc

Last Buyer's Agent

Barbara Gallivan

KELLER WILLIAMS-TREC License #475126516

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,186

Year Built

  • Built in 1913 | Remodeled in 2016

Lot Details

  • Lot Dimensions are 49 x 180
  • Paved or Partially Paved Lot

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Block Foundation
  • Asphalt Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Schools

  • Leal Elementary School
  • Urbana Middle School
  • Urbana High School

Additional Features

  • Porch
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Listing and Financial Details

  • Homeowner Tax Exemptions

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,186

Year Built

Built in 1913 | Remodeled in 2016

Lot Details

0

Parking

1

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1913
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2016
  • Legal Description: LOT PT 9 HALL, SARAH M., SUB
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2016

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator

Exterior Features

  • ExteriorFeatures: Porch
  • Foundation Details: Block
  • List Price: 224500
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Number of Cars: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Paved

Schools

  • Elementary School: Leal Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: 49 X 180
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 4186.48
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

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
Feb 16, 2022
Closed on
Mar 22, 2022
Sold by
Xi Chen
Bought by
Sabharwal Siddhanth
Seller's Agent
Eric Porter
The Real Estate Group,Inc
Buyer's Agent
Barbara Gallivan
KELLER WILLIAMS-TREC
List Price
$224,500
Sold Price
$221,000
Premium/Discount to List
-$3,500
-1.56%
Current Estimated Value
$262,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,110
Avg. Annual Appreciation
4.55%

Purchase Details

Listed on
Dec 31, 2019
Closed on
Apr 30, 2020
Sold by
Herber Peter T
Bought by
Chen Xi
Seller's Agent
Anthony Bammert
Green Street Realty
Buyer's Agent
Sherry Qiang
KELLER WILLIAMS-TREC
List Price
$189,900
Sold Price
$175,000
Premium/Discount to List
-$14,900
-7.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.71%
Original Mortgage
$132,750
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2013
Sold by
Liu Lewis and Chen Diejun
Bought by
Herber Peter T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$451,000
Interest Rate
4.39%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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 Buyer Sale Price Title Company
Sabharwal Siddhanth $221,000 None Listed On Document
Chen Xi $177,000 Attorney
Herber Peter T $120,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Xi $132,750
Previous Owner Herber Peter T $451,000
Previous Owner Herber Peter T $113,000
Previous Owner Liu Lewis $44,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/12/2022 04/12/22 Sold $221,000 -1.6% $215 / Sq Ft
03/11/2022 03/11/22 Pending -- -- --
02/16/2022 02/16/22 For Sale $224,500 +28.3% $218 / Sq Ft
05/01/2020 05/01/20 Sold $175,000 -7.8% $170 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
12/31/2019 12/31/19 For Sale $189,900 -- $185 / 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 $5,095 $59,080 $16,390 $42,690
2023 $5,095 $53,900 $14,950 $38,950
2022 $5,373 $49,640 $13,770 $35,870
2021 $4,994 $46,260 $12,830 $33,430
2020 $4,186 $44,920 $12,460 $32,460
2019 $4,694 $44,920 $12,460 $32,460
2018 $4,674 $45,240 $12,550 $32,690
2017 $4,194 $45,240 $12,550 $32,690
2016 $4,030 $43,920 $12,180 $31,740
2015 $3,916 $43,920 $12,180 $31,740
2014 $4,499 $42,440 $11,770 $30,670
2013 $4,531 $43,310 $12,010 $31,300
Source: Public Records

Agents Affiliated with this Home

  • Eric Porter

    Seller's Agent in 2022

    Eric Porter

    The Real Estate Group,Inc

    (217) 369-7773

    7 in this area

    213 Total Sales

    Eric Porter
    Section Image
  • Barbara Gallivan

    Buyer's Agent in 2022

    Barbara Gallivan

    KELLER WILLIAMS-TREC

    (217) 202-5999

    19 in this area

    564 Total Sales

    Barbara Gallivan
    Section Image
  • Anthony Bammert

    Seller's Agent in 2020

    Anthony Bammert

    Green Street Realty

    (217) 649-6775

    4 in this area

    20 Total Sales

    Anthony Bammert
    Section Image
  • Sherry Qiang

    Buyer's Agent in 2020

    Sherry Qiang

    KELLER WILLIAMS-TREC

    (217) 819-1829

    3 in this area

    182 Total Sales

    Sherry Qiang
    Section Image
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11326045

Midwest Real Estate Data (MRED)

APN: 92-21-17-156-014

Illinois Champaign County Urbana 61801 West Urbana

605 S Coler Ave, Urbana, IL

This home is located at 605 S Coler Ave, Urbana, IL 61801 since 16 February 2022 and is currently estimated at $262,110, approximately $254 per square foot. This property was built in 1913. 605 S Coler Ave is a home located in Champaign County with nearby schools including Leal Elementary School, Urbana Middle School, and Urbana High School.

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