$230,000
SOLD MAY 2, 2025

701 Krebs Dr Champaign, IL 61822

2 Beds
2 Baths
1,244 Sq Ft
5,227 Sq Ft Lot

Recently Sold

$185 Per Sq Ft

2% Above List Price

Highlights

  • Property is near a park
  • Ranch Style House
  • Soaking Tub
  • Central High School Rated A
  • Porch
  • 5-minute walk to Toalson Park

About This Home

As of May 2025

Clean, modern, and meticulously maintained! In this highly desired layout, the owner's suite is situated in the back of the house while the 2nd bedroom is just off the foyer, making it ideal for a home office or guest room that boasts a convenient full hall bath. The kitchen features sleek dark cabinets and newer appliances. The large laundry room, between the kitchen and garage, features an extra-deep storage closet. Heating and cooling is done by a high-efficiency air source heat pump. What a perk, the entries to both the front door and two-car attached garage offer step-less thresholds! Added in 2020: new roof, a gorgeous high quality vinyl privacy fence, updated light fixtures. This home leaves nothing to be desired.

Last Agent to Sell the Property

Tami Welsh

RE/MAX Choice-Tuscola License #475196695 Listed on: 04/10/2025

RE/MAX Choice-Tuscola

Last Buyer's Agent

Reggie Taylor

Coldwell Banker R.E. Group License #475135864

Coldwell Banker R.E. Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,740

Year Built

  • Built in 2006

Lot Details

  • 5,227 Sq Ft Lot
  • Lot Dimensions are 50x103.50
  • Paved or Partially Paved Lot

HOA Fees

  • $7 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Ranch Style House
  • Asphalt Roof
  • Stone Siding
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,244 Sq Ft Home
  • Ceiling Fan
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Attic

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Accessible Home Design

  • Accessibility Features
  • No Interior Steps
  • Entry Slope Less Than 1 Foot

Outdoor Features

  • Patio
  • Porch

Location

  • Property is near a park

Schools

  • Champaign Elementary School
  • Champaign Junior High School
  • Central High School

Utilities

  • Central Air
  • Heat Pump System
  • 200+ Amp Service

Community Details

  • Stephanie Martin Association, Phone Number (217) 356-4663
  • Ashland Park Subdivision
  • Property managed by Ashland Park Homeowner's Association

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,740

Year Built

Built in 2006

Lot Details

0

HOA Fees

$7 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple w/ HO Assn.
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Subdivision Name: Ashland Park
  • Year Built: 2006
  • Age: 16-20 Years
  • Built Before 1978 (Y/N): No
  • Disability Access and/or Equipped: Yes
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 2144 ASHLAND PARK PHASE 2
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Disposal
  • Basement: None
  • Accessibility Features: Entry Slope less than 1 foot, No Interior Steps
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Cathedral Ceiling(s), 1st Floor Bedroom, 1st Floor Full Bath
  • LivingArea: 1244
  • Other Equipment: Ceiling Fan(s)
  • Room Type: Walk In Closet
  • Estimated Total Finished Sq Ft: 1244
  • Bathroom Amenities: Soaking Tub
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1244
  • Basement Sq Ft: 0
  • Total Sq Ft: 1244
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Attic: Unfinished
  • Main Level Sq Ft: 1244
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • Flooring: Carpet

Exterior Features

  • Construction Materials: Vinyl Siding, Stone
  • Foundation Details: Concrete Perimeter
  • List Price: 224900
  • Patio And Porch Features: Patio, Porch
  • Roof: Asphalt
  • Waterfront: No

Garage/Parking

  • Garage Spaces: 2
  • Parking Features: Concrete, On Site, Garage Owned, Attached, Garage
  • ParkingTotal: 2

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 200+ Amp Service
  • Heating: Electric, Heat Pump
  • Laundry Features: Main Level
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 85
  • Association Fee Frequency: Annually
  • Community Features: Park, Curbs, Sidewalks, Street Paved
  • Master Association Fee: No
  • Master Association Fee Frequency: Not Required
  • Management Company: Ashland Park Homeowner's Association
  • Management Contact Name: Stephanie Martin
  • Management Phone: 217-356-4663
  • ResoAssociationFeeFrequency: Annually

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Champaign Elementary School
  • High School: Central High School
  • Middle/Junior School: Champaign Junior High School
  • Middle/Junior School District: 4

Lot Info

  • Lot Size Acres: 0.12
  • Lot Dimensions: 50X103.50
  • 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: 3739.72
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 10, 2025
Closed on
May 2, 2025
Sold by
Klein Dolan W and Klein Susanne C
Bought by
Bruns Jeffrey
Seller's Agent
Tami Welsh
RE/MAX Choice-Tuscola
Buyer's Agent
Reggie Taylor
Coldwell Banker R.E. Group
List Price
$224,900
Sold Price
$230,000
Premium/Discount to List
$5,100
2.27%
Views
10

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-56.83%
Original Mortgage
$160,000
Outstanding Balance
$160,000
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$46,203

Purchase Details

Listed on
Apr 29, 2021
Closed on
Jun 1, 2021
Sold by
Mitchell Brian
Bought by
Klein Glennis G and Klein Dolan W
Seller's Agent
Jodi O'Malley
Real Broker, LLC
Buyer's Agent
Phillip Trautman
Champaign County Realty
Sold Price
$177,400

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.00%

Purchase Details

Listed on
Apr 4, 2018
Closed on
May 22, 2018
Sold by
Ward Kendra L
Bought by
Mitchell Brian and Mitchell Kathryn
Seller's Agent
Matt Difanis
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Jodi O'Malley
Real Broker, LLC
List Price
$139,900
Sold Price
$139,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.94%

Purchase Details

Closed on
Sep 10, 2015
Sold by
Ward Timothy S
Bought by
Ward Kendra L

Purchase Details

Closed on
May 24, 2010
Sold by
Kassabo Zuheir and Mohamed Rojean
Bought by
Ward Timothy S and Ward Kendra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,693
Interest Rate
5.13%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 14, 2006
Sold by
Atkins Clinton C
Bought by
Kassabo Zuheir

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,947
Interest Rate
6.73%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $230,000 None Listed On Document
Warranty Deed $177,500 None Available
Warranty Deed $140,000 Attorney
Interfamily Deed Transfer -- Attorney
Warranty Deed $126,500 None Available
Warranty Deed $140,000 Act
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $160,000 New Conventional
Previous Owner $118,750 New Conventional
Previous Owner $124,693 FHA
Previous Owner $103,600 Unknown
Previous Owner $20,947 Fannie Mae Freddie Mac
Previous Owner $111,720 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Sold $230,000 +2.3% $185 / Sq Ft
04/11/2025 04/11/25 Pending -- -- --
04/10/2025 04/10/25 Price Changed $224,900 0.0% $181 / Sq Ft
04/10/2025 04/10/25 For Sale $224,900 +26.8% $181 / Sq Ft
06/30/2021 06/30/21 Sold $177,400 +14.5% $143 / Sq Ft
05/03/2021 05/03/21 For Sale -- -- --
05/02/2021 05/02/21 Pending -- -- --
04/29/2021 04/29/21 For Sale $154,900 +10.7% $125 / Sq Ft
05/22/2018 05/22/18 Sold $139,900 0.0% $112 / Sq Ft
04/06/2018 04/06/18 Pending -- -- --
04/04/2018 04/04/18 For Sale $139,900 -- $112 / 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 $3,740 $57,610 $14,690 $42,920
2023 $3,740 $52,470 $13,380 $39,090
2022 $3,439 $48,400 $12,340 $36,060
2021 $3,795 $47,450 $12,100 $35,350
2020 $3,674 $46,070 $11,750 $34,320
2019 $3,544 $45,120 $11,510 $33,610
2018 $3,456 $44,410 $11,330 $33,080
2017 $3,389 $43,500 $11,100 $32,400
2016 $3,027 $42,600 $10,870 $31,730
2015 $3,042 $41,850 $10,680 $31,170
2014 $3,016 $41,850 $10,680 $31,170
2013 $2,989 $41,850 $10,680 $31,170
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12324675

Midwest Real Estate Data (MRED)

APN: 41-14-36-110-009