NOT LISTED FOR SALE

608 W Columbia Ave Champaign, IL 61820

Estimated Value: $182,000 - $232,000

4 Beds
2 Baths
986 Sq Ft
$208/Sq Ft Est. Value

Last Sold May 28, 2020

Last sale price $135,000 $137 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $1,495/month

44 Days on Market

About This Home

As of May 2020

BEGIN HERE! Want an interesting home owner opportunity to live and also create wealth? Live on one side and rent the other. Or maybe you have decided to add to your portfolio and want an investment opportunity in great shape. Have two different tenants. Maybe you love the area and want to be closer to downtown Champaign, shopping and restaurants and want it to be a single family home. It can easily be converted to a single family. Two separate HVAC systems work the home for both units. There is space to the west of the home for parking and plenty of room to add a garage in the back by the alley. Street parking is plentiful. Covered breezeway to both units upon entry. It's a great space! Call listing agent for tenant rents and what to expect.

Last Agent to Sell the Property

Jeff and Laura Finke

Coldwell Banker R.E. Group License #471010471 Listed on: 03/05/2020

Coldwell Banker R.E. Group

Last Buyer's Agent

Lisa Rector

KELLER WILLIAMS-TREC License #475146101

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,809

Year Built

  • Built in 1905

Lot Details

  • 7,841 Sq Ft Lot
  • Lot Dimensions are 60 x 132

Home Design

  • Converted Dwelling
  • Asphalt Roof
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Driveway
  • Uncovered Parking
  • Off-Street Parking
  • Parking Included in Price

Schools

  • Unit 4 Of Choice Elementary School
  • Champaign/Middle Call Unit 4 351
  • Central High School

Additional Features

  • Partial Basement
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,809

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1905
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 7 PATTEN'S ADDN
  • ResoPropertyType: ResidentialIncome
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • List Price: 150000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street, Driveway
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Central High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351
  • Middle/Junior School District: 4

Lot Info

  • Lot Size Acres: 0.18
  • Lot Dimensions: 60 X 132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

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

Tax Info

  • Tax Annual Amount: 3809.08
  • Tax Year: 2018
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 5, 2020
Closed on
May 22, 2020
Sold by
Sullivan Kenwood and Sullivan Laurel R
Bought by
Gray And Brown Properties Llc
Seller's Agent
Jeff and Laura Finke
Coldwell Banker R.E. Group
Buyer's Agent
Lisa Rector
KELLER WILLIAMS-TREC
List Price
$150,000
Sold Price
$135,000
Premium/Discount to List
-$15,000
-10%
Current Estimated Value
$204,829

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,829
Avg. Annual Appreciation
7.51%
Original Mortgage
$108,000
Outstanding Balance
$96,743
Interest Rate
3.3%
Mortgage Type
Future Advance Clause Open End Mortgage
Estimated Equity
$100,716

Purchase Details

Closed on
Apr 13, 2007
Sold by
Sullivan Kenwood and Sullivan Laurel R
Bought by
Sullivan Kenwood and Sullivan Laurel R
Source: Public Records

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
Gray And Brown Properties Llc $135,000 Allied Capital Title
Sullivan Kenwood -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gray And Brown Properties Llc $108,000
Previous Owner Sullivan Kenwood $112,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2020 05/28/20 Sold $135,000 -10.0% $137 / Sq Ft
04/18/2020 04/18/20 Pending -- -- --
03/05/2020 03/05/20 For Sale $150,000 -- $152 / 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 $4,553 $55,440 $10,200 $45,240
2023 $4,553 $50,490 $9,290 $41,200
2022 $4,283 $46,580 $8,570 $38,010
2021 $4,180 $45,660 $8,400 $37,260
2020 $4,026 $43,910 $8,080 $35,830
2019 $3,896 $43,000 $7,910 $35,090
2018 $3,809 $42,330 $7,790 $34,540
2017 $3,678 $40,700 $7,490 $33,210
2016 $3,298 $39,870 $7,340 $32,530
2015 $3,323 $39,160 $7,210 $31,950
2014 $3,294 $39,160 $7,210 $31,950
2013 $3,265 $39,160 $7,210 $31,950
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 10657708

Midwest Real Estate Data (MRED)

APN: 42-20-12-177-010