NOT LISTED FOR SALE

701 Hamilton Dr Champaign, IL 61820

Estimated Value: $395,000 - $485,000

3 Beds
2 Baths
1,778 Sq Ft
$249/Sq Ft Est. Value

Last Sold August 23, 2021

Last sale price $360,000 $202 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,963/month

Highlights

  • Living Room with Fireplace
  • Formal Dining Room
  • 1-Story Property
  • Central High School Rated A
  • Detached Garage
  • 3-minute walk to Hessel Park

About This Home

As of August 2021

A new job has taken these homeowners out of state, and leaving what they thought to be their "forever atomic era home". Classic 3BR/2BA/2.5CAR sturdy brick ranch with some modern interior appointments and high quality upgrades, paired with the fantastic location makes this a smart purchase. One block from Hessel Park and the tennis courts, walking trails (and more!). Easy access to downtown restaurants and the Stadium. If walking is part of your healthy lifestyle, this is an optimal in town location. The home has been surveyed for solar panels and there is ample south facing surfaces to accommodate solar. With the new roof in place it is a great platform to add energy efficient solar augmentation which was next on the list for the current owners. Oversized corner lot (1 full lot plus 2/3 of another) offers a large fenced backyard for pets, gardening and even room for a pool! The detached two car garage brick faced over somewhat decoratively placed block walls and is equipped with its own gas furnace and thermostat. It is long enough for two cars, and some storage or workbench space at the back below end. The garage also has 6 windows for natural light if you were to turn it into a workshop. Nice tile upgrades and new waterproof flooring throughout the home. 100% reconstruction and facelift of the kitchen with custom cabinetry, quartz countertops, handmade Spanish subway tile backsplash, farmhouse sink and upgraded appliances throughout. The basement was also refurbished with an industrial spin which can be augmented later in a number of ways. The walls are painted white to help brighten it up, and the ceiling is painted a dark blue to add the industrial overtone. New floor matching the upstairs was placed in the entire basement which is well designed in three primary spaces. The basement is already plumbed for a third bathroom and the previous electrical for laundry can be used in the development of a kitchenette for an inspired new owner. It is even possible to add a legal 4th bedroom by placing an egress window or door for emergency access. This was also part of the long-term plan, but a change in plans leaves this to the new owners. Across the ceiling of the basement, you'll note the entire house is hoisted upon steel I-Beam ensuring the first floor will never sag or feel shaky as you find in some older homes. The home contains two functioning fireplaces, one upstairs and one downstairs. Upstairs the brick is painted to match the allure of the living room. Downstairs the brick is an artful combination stonework with a sturdy poured mantle. Upgraded and professionally installed hot water on demand. **Radon is high and we have estimates for mitigation. 2018 New Roof 2019 Upgraded 200 Amp electrical panel system with power run below ground to the house, with space available to install a backup generator. 2019 Waterproof industrial 20ml think wood grain engineered light grain, wide (5") plank throughout 1st floor and basement 2019 Kitchen upgrades 2019 Lighting upgrades 2019 Dining room opened up with starburst lighting added 2019-20 Main Bath upgrade 2020 Fresh paint throughout 2020 HVAC duct work professionally cleaned and disinfected with new registers 2020 High Efficiency Furnace & heat pump Central Air with smart meter controls. 2020 Professionally installed hot water on demand Features: All spaces have new higher baseboard adding to the space appeal. New LED lighting throughout the first floor including all closets. New lighting in the Kitchen, Dinning, and Living room were selected to reflect the atomic era in which the original house was built, while elevating the function to modern standards. The refresh included all closets, paint and baseboard. The owners opted to leave the beautiful custom raised oak floor in all closets and had them refinished during the renovation. Two walls were opened and retrimmed making this home a combination of traditional ranch wit

Last Agent to Sell the Property

Dan Gordon

RE/MAX REALTY ASSOCIATES-CHA License #471022027 Listed on: 07/29/2021

RE/MAX REALTY ASSOCIATES-CHA

Co-Listed By

Bobbi Gordon

RE/MAX REALTY ASSOCIATES-CHA License #475131213

Last Buyer's Agent

Dan Gordon

RE/MAX REALTY ASSOCIATES-CHA License #471022027 Listed on: 07/29/2021

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,174

Year Built

  • 1953

Lot Details

  • 0.38

Parking

  • Detached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 1,778 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Formal Dining Room
  • Pull Down Stairs to Attic

Unfinished Basement

  • Fireplace in Basement
  • Rough-In Basement Bathroom

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,174

Year Built

1953

Lot Details

0

Parking

2

Listing Details

  • Property Type: Detached Single
  • Property Type: Residential
  • Type Detached: 1 Story
  • Property Sub Type: 1 Story
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 11 AND 12 IN LA SELL SUBDIVISION
  • Architectural Style: Ranch
  • Co List Office Mls Id: MRD95060
  • Co List Office Phone: (217) 359-3131
  • Directions: N on Prospect, E on Hamilton. House on corner of Hamilton and Dawson
  • Efficiency: Water Heater
  • Lot Size: 120.2 X 132.1 X 120 X 134.9
  • New Construction: No
  • Ownership: Fee Simple
  • Special Features: None
  • Year Built: 1953

Interior Features

  • Appliances: Range, Dishwasher, High End Refrigerator, Washer, Dryer, Disposal, Stainless Steel Appliance(s), Range Hood
  • Has Basement: Partial
  • Estimated Total Finished Sq Ft: 1778
  • Assessed Sq Ft: 1778
  • Basement Description: Unfinished,Bathroom Rough-In
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 1778
  • Basement Sq Ft: 1142
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 2920
  • Unfinished Basement Sq Ft: 1142
  • Upper Level Sq Ft: 0
  • Attic: Pull Down Stair
  • Main Level Sq Ft: 1778
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Full Bathrooms: 2
  • Possible Bedrooms: 3
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Amenities: First Floor Bedroom, First Floor Laundry, First Floor Full Bath, Built-in Features
  • Other Equipment: Ceiling Fan(s), Sump Pump
  • Dining Room Type: Enclosed Porch Heated, Heated Sun Room, Storage

Exterior Features

  • Roof: Asphalt
  • Exterior Features: Patio, Porch
  • Foundation Details: Concrete Perimeter
  • Exterior Building Type: Brick
  • Lot Features: Corner Lot, Fenced Yard
  • Waterfront: No

Garage/Parking

  • Number of Cars: 2.5
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage
  • Garage Spaces: 2.5

Utilities

  • Cooling: Central Air
  • Heating: Natural Gas, Electric, Forced Air
  • Laundry Features: In Unit
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Association Fee Frequency: Not Applicable
  • Community Features: Curbs, Sidewalks

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size: .25-.49 Acre
  • Special Assessments: N
  • Additional Parcels: No

Rental Info

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

Tax Info

  • Tax Exemptions: Homeowner,Other
  • Tax Annual Amount: 5914.6
  • Tax Year: 2020

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 29, 2021
Closed on
Aug 11, 2021
Sold by
Hansen Lance Donald and Hansen Susan
Bought by
Bromley Graham K and Graham K Bromley Revocable Tru
Seller's Agent
Dan Gordon
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Dan Gordon
RE/MAX REALTY ASSOCIATES-CHA
List Price
$334,900
Sold Price
$360,000
Premium/Discount to List
$25,100
7.49%
Current Estimated Value
$431,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,918
Avg. Annual Appreciation
3.59%

Purchase Details

Listed on
Mar 14, 2019
Closed on
May 6, 2019
Sold by
Leach William M and William Leach Trust
Bought by
Hansen Lance Donald and Hansen Susan
Seller's Agent
Diane Dawson
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Eric Porter
The Real Estate Group,Inc
List Price
$214,900
Sold Price
$212,500
Premium/Discount to List
-$2,400
-1.12%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.76%
Original Mortgage
$212,500
Interest Rate
4.12%
Mortgage Type
VA
Source: Public Records

Range of Values:

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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
Bromley Graham K $360,000 None Available
Hansen Lance Donald $212,500 Allied Capital Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Graham K Bromley Revocable Tru $280,000
Closed Graham K Bromley Revocable Tru $280,000
Previous Owner Hansen Lance D $207,895
Previous Owner Hansen Lance Donald $212,500
Previous Owner William Leach Trust $50,000
Previous Owner Leach William $77,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2021 08/23/21 Sold $360,000 +7.5% $202 / Sq Ft
07/29/2021 07/29/21 Pending -- -- --
07/29/2021 07/29/21 For Sale $334,900 +57.6% $188 / Sq Ft
05/08/2019 05/08/19 Sold $212,500 -1.1% $118 / Sq Ft
03/14/2019 03/14/19 Pending -- -- --
03/14/2019 03/14/19 For Sale $214,900 -- $119 / 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 $7,174 $100,690 $31,770 $68,920
2023 $7,174 $91,700 $28,930 $62,770
2022 $6,707 $78,930 $26,690 $52,240
2021 $6,078 $77,390 $26,170 $51,220
2020 $5,915 $73,010 $24,690 $48,320
2019 $5,935 $71,510 $24,180 $47,330
2018 $5,793 $70,380 $23,800 $46,580
2017 $5,573 $67,670 $22,880 $44,790
2016 $4,573 $66,280 $22,410 $43,870
2015 $4,590 $65,100 $22,010 $43,090
2014 $4,551 $65,100 $22,010 $43,090
2013 $4,510 $65,100 $22,010 $43,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11167922

Midwest Real Estate Data (MRED)

APN: 43-20-13-352-036