NOT LISTED FOR SALE

Estimated Value: $263,441 - $283,000

5 Beds
2 Baths
1,024 Sq Ft
$269/Sq Ft Est. Value

Last Sold June 29, 2021

Last sale price $191,900 $187 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $1,962/month

6 Days on Market

Highlights

  • 1 Car Detached Garage
  • Porch
  • Forced Air Heating System
  • Central High School Rated A

About This Home

As of June 2021

Attractive 2-unit investment property located just blocks from downtown Champaign! This property has a solid rental history and attractive valuation numbers. The first floor unit is a 2 bedroom, 1 bath unit with private laundry. Unit 2 is upstairs with a large living room, open kitchen, and 3 total bedrooms. Bedrooms 2 & 3 are on the third floor. Private laundry in this unit as well. Apartment rents total $1910/month and the garage is rented separately for $75/month. Gross Income if $1985/month or $23,820/year. Separate HVAC and water heater for each unit. Dishwashers in both units. Parking spaces in the back with alley access. Tenants cover all utilities (metered separately), garbage, sanitary sewer. Roof (approx. 2010); A/C in unit 1 (2019); furnace in unit 1 (approx. 2010) and A/C and furnace in unit 2 (unknown).

Last Agent to Sell the Property

Mark Waldhoff

KELLER WILLIAMS-TREC License #475122749 Listed on: 05/07/2021

KELLER WILLIAMS-TREC

Last Buyer's Agent

Dionne Clifton

LIVE Real Estate Group License #471019717

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,326

Year Built

  • Built in 1923

Lot Details

  • 8,712 Sq Ft Lot
  • Lot Dimensions are 66x132

Parking

  • 1 Car Detached Garage
  • Alley Access
  • Parking Included in Price

Home Design

  • Converted Dwelling
  • Vinyl Siding

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 2 Bathrooms

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • Porch

Community Details

  • 2 Units
  • Gross Income $23,820

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,326

Year Built

Built in 1923

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: 1923
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 7 IN BLOCK 3 OF HEFFELFINGER IN CRAIG'S REPLAT
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 5
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Washer,Dryer,Dishwasher,Central Air Conditioner

Exterior Features

  • ExteriorFeatures: Porch
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1
  • Parking Features: Alley Access
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage,Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Schools

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

Lot Info

  • Lot Size Acres: 0.2
  • Lot Dimensions: 66X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

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

Multi Family

  • GrossIncome: 23820
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Converted Residence

Tax Info

  • Tax Annual Amount: 5325.98
  • Tax Year: 2020
  • Tax Exemptions: None

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2021
Closed on
Jun 9, 2021
Sold by
Duvall Samuel J and Duvall Lynn A
Bought by
Kalipeni Josephine
Seller's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
Buyer's Agent
Dionne Clifton
LIVE Real Estate Group
Sold Price
$191,900
Current Estimated Value
$275,147

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,247
Avg. Annual Appreciation
8.19%
Original Mortgage
$188,423
Outstanding Balance
$171,173
Interest Rate
3.12%
Mortgage Type
FHA
Estimated Equity
$103,974

Purchase Details

Closed on
Oct 12, 2007
Sold by
Rhoades Ron and Rhoades Sara
Bought by
Duvall Samuel J and Duvall Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
6.5%
Mortgage Type
Commercial

Purchase Details

Closed on
Jan 17, 2005
Sold by
Polly Charles C and Polly Kimberley A
Bought by
Rhoades Ron and Rhoades Sara
Source: Public Records
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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
Kalipeni Josephine $192,000 Attorney
Duvall Samuel J $170,000 None Available
Rhoades Ron $160,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalipeni Josephine $188,423
Previous Owner Duvall Samuel J $136,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/29/2021 06/29/21 Sold $191,900 0.0% $187 / Sq Ft
05/14/2021 05/14/21 For Sale -- -- --
05/13/2021 05/13/21 Pending -- -- --
05/07/2021 05/07/21 For Sale $191,900 -- $187 / Sq Ft
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 $6,024 $73,350 $18,130 $55,220
2023 $6,024 $66,800 $16,510 $50,290
2022 $5,666 $61,620 $15,230 $46,390
2021 $5,530 $60,410 $14,930 $45,480
2020 $5,326 $58,090 $14,360 $43,730
2019 $5,154 $56,890 $14,060 $42,830
2018 $5,039 $56,000 $13,840 $42,160
2017 $4,866 $53,850 $13,310 $40,540
2016 $4,363 $52,750 $13,040 $39,710
2015 $4,397 $51,820 $12,810 $39,010
2014 $4,359 $51,820 $12,810 $39,010
2013 $4,320 $51,820 $12,810 $39,010
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11080534

Midwest Real Estate Data (MRED)

APN: 43-20-13-126-019