NOT LISTED FOR SALE

702 Park Lane Dr Champaign, IL 61820

Estimated Value: $377,000 - $476,000

5 Beds
3 Baths
2,840 Sq Ft
$143/Sq Ft Est. Value

Last Sold March 14, 2023

Last sale price $325,000 $114 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $2,629/month

158 Days on Market

Highlights

  • Spa
  • Deck
  • Heated Sun or Florida Room
  • Central High School Rated A
  • 2 Fireplaces
  • Formal Dining Room

About This Home

As of March 2023

Located in the Windsor Park subdivision, this home is made for hosting while providing the amenities to get away from it all. This 5 bedroom, 3 full bath home has a heated 2 car garage and is a block away from the private Arbour's Commons Park. As you arrive, you will notice the brand-new (June 2022) concrete driveway, walkway and porch. When you first enter the foyer, upstairs you find a spacious living room that has a triple window to bring in an abundance of Southern natural light. The living room opens to the formal dining room which has built-in storage, counter space and glass front upper cabinets. Off the dining and living areas is the newly remodeled (December 2019) kitchen with white cabinets, light quartz countertops with an undermount sink, textured backsplash, stainless-steel appliances, a peninsula bar that seats 4-5 and a tile floor that continues to the breakfast area with an inlay of natural wood. This amazing room has a cathedral ceiling, brick accent wall and a brick fireplace framed by floor to ceiling windows on each side, all overlooking the backyard retreat. From this room is access to the covered porch with a spiral staircase leading to the back patio. Also upstairs is the main bedroom with a private full bath, 2 additional bedrooms and a full hall bath. Downstairs you will find slate tile floors in the family room where the 2nd fireplace is and the office area which leads to the garage and the backyard patio through French doors. The lower level also has 2 additional bedrooms with bifold doors between them so you have the option of 2 rooms or one great room, a large laundry area with mop sink and a full bath with direct access to the hot tub in the glass covered, heated sunroom. The sunroom gives direct access to the lower-level covered patio leading to the outdoor escape. This patio kitchenette includes a sink, gas line run grill, microwave, hood vent and mini-fridge, all overlooking the mature landscaping. With over 2800 sqft of living space, low county taxes, new roof in 2017, this home is ready for you to enjoy! Schedule your private tour today.

Last Agent to Sell the Property

Darnell Cox

RE/MAX REALTY ASSOCIATES-CHA License #471022439 Listed on: 08/18/2022

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Matt Difanis

RE/MAX REALTY ASSOCIATES-CHA License #471020468

RE/MAX REALTY ASSOCIATES-CHA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,031

Year Built

  • Built in 1968

Lot Details

  • 10,454 Sq Ft Lot
  • Lot Dimensions are 90 x 115
  • Paved or Partially Paved Lot

Parking

  • 2 Car Attached Garage
  • Heated Garage
  • Garage Transmitter
  • Garage Door Opener
  • Driveway
  • Parking Included in Price

Home Design

  • Split Level Home
  • Bi-Level Home
  • Asphalt Roof

Interior Spaces

  • 2,840 Sq Ft Home
  • Built-In Features
  • Bar
  • 2 Fireplaces
  • Wood Burning Fireplace
  • Family Room
  • Living Room
  • Formal Dining Room
  • Heated Sun or Florida Room
  • Laundry Room

Kitchen

  • Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Potential Bedrooms
  • 3 Full Bathrooms

Finished Basement

  • Walk-Out Basement
  • Finished Basement Bathroom

Outdoor Features

  • Spa
  • Deck
  • Brick Porch or Patio
  • Outdoor Grill

Schools

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

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Windsor Park Subdivision

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,031

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: Split Level
  • Ownership: Fee Simple
  • ArchitecturalStyle: Bi-Level
  • New Construction: No
  • Property Sub-Type: Split Level
  • Subdivision Name: Windsor Park
  • Year Built: 1968
  • 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 132 WINDSOR PARK 5TH SUB
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Disposal, Other
  • Basement: Walkout
  • Full Bathrooms: 3
  • Total Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Wood Burning
  • Fireplaces: 2
  • Interior Amenities: Built-in Features
  • LivingArea: 2840
  • Room Type: Bedroom 5, Heated Sun Room
  • Estimated Total Finished Sq Ft: 2840
  • Assessed Sq Ft: 0
  • Basement Description: Finished
  • Basement Bathrooms: Yes
  • Below Grade Bedrooms: 0
  • Dining Room: Separate
  • Total Sq Ft: 2840
  • Basement Sq Ft: 0
  • Fireplace Location: Other
  • Square Footage Comments: Photographer scheduled
  • Total Sq Ft: 2840
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 1392
  • Main Level Sq Ft: 0
  • Lower Level Sq Ft: 1448
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Deck, Patio, Hot Tub, Brick Paver Patio, Outdoor Grill
  • List Price: 325000
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Cedar

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Driveway: Concrete
  • Garage Details: Garage Door Opener(s),Transmitter(s),Heated
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Association Fee Includes: None

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

  • Additional Parcels: No
  • Lot Size Acres: 0.24
  • Lot Dimensions: 90 X 115
  • Rural (Y/N): N
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U
  • Zero Lot Line: No

Rental Info

  • Is Parking Included in Price: Yes

Tax Info

  • Tax Annual Amount: 5030.68
  • Tax Year: 2021
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2018
Closed on
Aug 1, 2018
Sold by
Carr Howard A and Carr Albertaha T
Bought by
Chitambar Eric and Chitambar Michelle
Seller's Agent
Mariya Vandivort
AroundCU Real Estate Company
Buyer's Agent
Darnell Cox
RE/MAX REALTY ASSOCIATES-CHA
List Price
$249,900
Sold Price
$243,500
Premium/Discount to List
-$6,400
-2.56%
Current Estimated Value
$394,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$151,300
Avg. Annual Appreciation
7.54%
Source: Public Records

Range of Values:

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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
Chitambar Eric $243,500 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Carr Howard A $75,000
Previous Owner Carr Howard A $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2023 03/14/23 Sold $325,000 0.0% $114 / Sq Ft
01/24/2023 01/24/23 Pending -- -- --
01/21/2023 01/21/23 For Sale $325,000 0.0% $114 / Sq Ft
11/29/2022 11/29/22 Pending -- -- --
10/06/2022 10/06/22 Price Changed $325,000 -3.0% $114 / Sq Ft
09/19/2022 09/19/22 Price Changed $335,000 -3.3% $118 / Sq Ft
09/08/2022 09/08/22 For Sale $346,500 0.0% $122 / Sq Ft
08/26/2022 08/26/22 Pending -- -- --
08/18/2022 08/18/22 For Sale $346,500 +42.3% $122 / Sq Ft
08/10/2018 08/10/18 Sold $243,500 -2.6% $84 / Sq Ft
07/13/2018 07/13/18 Pending -- -- --
06/28/2018 06/28/18 For Sale $249,900 -- $86 / 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 $5,940 $87,600 $18,110 $69,490
2023 $5,940 $80,880 $16,720 $64,160
2022 $5,164 $75,450 $15,600 $59,850
2021 $5,031 $74,110 $15,320 $58,790
2020 $4,988 $73,380 $15,170 $58,210
2019 $4,642 $69,710 $14,410 $55,300
2018 $4,519 $68,080 $14,410 $53,670
2017 $4,432 $66,690 $14,410 $52,280
2016 $3,967 $66,690 $14,410 $52,280
2015 $3,989 $66,690 $14,410 $52,280
2014 $3,447 $62,420 $14,410 $48,010
2013 $3,304 $61,080 $14,410 $46,670
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11608238

Midwest Real Estate Data (MRED)

APN: 03-20-25-103-037