NOT LISTED FOR SALE

702 McGee Rd Urbana, IL 61802

East Urbana Neighborhood

Estimated Value: $266,000 - $304,340

3 Beds
2.5 Baths
2,428 Sq Ft
$121/Sq Ft Est. Value

Sale Details

Date Sold: June 30, 2022

Last sale price $242,500 $100 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,040 / mo

1 Day on Market

Highlights

  • Bonus Room
  • Living Room
  • 1-Story Property
  • 2 Car Attached Garage
  • Laundry Room
  • Forced Air Heating and Cooling System

About This Home

As of June 2022

This home is located at 702 McGee Rd, Urbana, IL 61802 since 16 April 2022 and is currently estimated at $292,585, approximately $120 per square foot. This property was built in 1966. 702 McGee Rd is a home located in Champaign County with nearby schools including Thomas Paine Elementary School, Urbana Middle School, and Urbana High School.

Last Agent to Sell the Property

Diane Dawson

RE/MAX REALTY ASSOCIATES-CHA License #475126019 Listed on: 04/16/2022

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Diane Dawson

RE/MAX REALTY ASSOCIATES-CHA License #475126019 Listed on: 04/16/2022

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $4,298

Year Built

  • Built in 1966

Lot Details

  • 0.37

Parking

  • 2 Car Attached Garage
  • Parking Space is Owned

Interior Spaces

  • 2,428 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Dining Room
  • Bonus Room
  • Crawl Space
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms

Schools

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

Additional Features

  • Lot Dimensions are 155x70.9x140.28x32.85x98.7
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Senior Tax Exemptions
  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$4,298

Year Built

Built in 1966

Lot Details

0.37 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1966
  • Age: 51-60 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 109 EDGEWOOD SUB 8TH
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Basement: None
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bathrooms: 3
  • Total Bedrooms: 3
  • LivingArea: 2428
  • Room Type: Bonus Room
  • Estimated Total Finished Sq Ft: 2428
  • Basement Description: Crawl
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 2428

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Stone,Other

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Urbana Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: 155X70.9X140.28X32.85X98.7
  • Lot Size: .50-.99 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 4298.14
  • Tax Year: 2021
  • Tax Exemptions: Homeowner,Senior

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2022
Closed on
Jun 30, 2022
Sold by
Bought by
Seller's Agent
Diane Dawson
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Diane Dawson
RE/MAX REALTY ASSOCIATES-CHA
List Price
$239,500
Sold Price
$242,500
Premium/Discount to List
$3,000
1.25%
Current Estimated Value
$292,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,085
Avg. Annual Appreciation
4.77%
Original Mortgage
$194,000
Outstanding Balance
$168,366
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$124,219

Purchase Details

Closed on
Sep 5, 2014
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$242,500 None Listed On Document
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $194,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/30/2022 06/30/22 Sold $242,500 +1.3% $100 / Sq Ft
04/17/2022 04/17/22 Pending -- -- --
04/16/2022 04/16/22 For Sale $239,500 -- $99 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $5,625 $79,450 $13,300 $66,150
2024 $5,474 $73,490 $12,300 $61,190
2023 $5,474 $69,530 $11,640 $57,890
2022 $4,637 $63,440 $10,620 $52,820
2021 $4,340 $60,080 $10,060 $50,020
2020 $4,105 $57,330 $9,600 $47,730
2019 $4,002 $57,330 $9,600 $47,730
2018 $3,852 $55,880 $9,360 $46,520
2017 $3,872 $54,680 $9,160 $45,520
2016 $3,742 $53,190 $8,910 $44,280
2015 $3,641 $51,940 $8,700 $43,240
2014 $3,726 $53,720 $9,000 $44,720
2013 $3,906 $56,660 $9,490 $47,170
Source: Public Records

Agents Affiliated with this Home

  • Diane Dawson

    Seller's Agent in 2022

    Diane Dawson

    RE/MAX

    (217) 373-4812

    8 in this area

    268 Total Sales

    Diane Dawson
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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11373323

Midwest Real Estate Data (MRED)

APN: 30-21-10-326-001

Illinois Champaign County Urbana 61802 East Urbana

702 McGee Rd, Urbana, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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