NOT LISTED FOR SALE

Estimated Value: $228,000 - $241,000

4 Beds
3 Baths
1,004 Sq Ft
$233/Sq Ft Est. Value

Last Sold July 31, 2024

Last sale price $225,000 $224 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $1,689/month

58 Days on Market

Highlights

  • Deck
  • Sun or Florida Room
  • Porch

About This Home

As of July 2024

Investors! Prime location DUPLEX on campus fully leased until July 2025 with current Gross Rents of $2475 and bumping up to $2760 on August 1, 2024. Unit mix: 3 bed, 2 bath and 1 bed/1 bath with great back deck and ample off street parking. Lots of windows let in abundant light and desirable floor plans are a big tenant draw. Great storage in the basement where Washer and Dryer can be used by tenants. All professionally managed by JSJ Property Management. This is the investment you have been looking for.

Last Agent to Sell the Property

J Leman

eXp Realty-Champaign License #475184798 Listed on: 04/26/2024

eXp Realty-Champaign

Last Buyer's Agent

Mark Waldhoff

KELLER WILLIAMS-TREC License #475122749

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,656

Year Built

  • Built in 1878

Lot Details

  • 4,356

Home Design

  • Brick Foundation
  • Asphalt Roof
  • Cedar

Interior Spaces

  • Sun or Florida Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 3 Bathrooms

Parking

  • 3 Open Parking Spaces
  • 3 Parking Spaces
  • Off-Street Parking

Outdoor Features

  • Deck
  • Porch

Schools

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

Additional Features

  • Lot Dimensions are 57.71 x 94.75
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,656

Year Built

Built in 1878

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1878
  • Age: 100+ Years
  • Built Before 1978 (Y/N): Yes
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT PT 6 BLOCK 1 SIM'S, JOSEPH W., JR., AND SARAH A., ADD
  • ResoPropertyType: ResidentialIncome
  • MonthToMonthYN: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 3
  • Total Bedrooms: 4
  • Room Type: Sun Room
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 3
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Deck, Porch
  • Foundation Details: Brick/Mortar
  • List Price: 239900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Cedar

Garage/Parking

  • OpenParkingSpaces: 3
  • Parking Features: Off Street
  • ParkingTotal: 3
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: N/A

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas
  • Water Source: Public

Schools

  • Elementary School: Leal Elementary School
  • High School: Urbana High School
  • Middle/Junior School: Urbana Middle School
  • Middle/Junior School District: 116

Lot Info

  • Lot Dimensions: 57.71 X 94.75
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 4656.48
  • Tax Year: 2022
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: 2 Flat

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 26, 2024
Closed on
Jul 31, 2024
Sold by
A & B Real Estate Investments Llc
Bought by
Gator Couple Llc
Seller's Agent
J Leman
eXp Realty-Champaign
Buyer's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
List Price
$239,900
Sold Price
$225,000
Premium/Discount to List
-$14,900
-6.21%
Views
60
Current Estimated Value
$234,423

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$9,423
Avg. Annual Appreciation
3.84%
Original Mortgage
$150,000
Outstanding Balance
$148,683
Interest Rate
7.75%
Mortgage Type
New Conventional
Estimated Equity
$85,740

Purchase Details

Closed on
Dec 16, 2022
Sold by
Hefferman Robert
Bought by
A & B Real Estates Investments Llc

Purchase Details

Listed on
Apr 21, 2022
Closed on
Jun 23, 2022
Sold by
Xi Chen
Bought by
Hefferman Robert
Seller's Agent
Eric Porter
The Real Estate Group,Inc
Buyer's Agent
J Leman
eXp Realty-Champaign
List Price
$214,900
Sold Price
$200,000
Premium/Discount to List
-$14,900
-6.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.17%

Purchase Details

Listed on
Sep 21, 2020
Closed on
Dec 7, 2020
Sold by
Footprint Leasing Llc
Bought by
Chen Xi
Seller's Agent
Jonah Weisskopf
Weiner Co., Ltd.
Buyer's Agent
Eric Porter
The Real Estate Group,Inc
List Price
$159,000
Sold Price
$146,000
Premium/Discount to List
-$13,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.34%
Original Mortgage
$109,500
Interest Rate
2.8%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Gator Couple Llc $225,000 Chicago Title
A & B Real Estates Investments Llc -- --
Hefferman Robert $200,000 None Listed On Document
Chen Xi $146,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gator Couple Llc $150,000
Previous Owner Chen Xi $109,500
Previous Owner Footprint Leasing Llc $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $225,000 -6.2% $224 / Sq Ft
06/24/2024 06/24/24 Pending -- -- --
04/26/2024 04/26/24 For Sale $239,900 +20.0% $239 / Sq Ft
07/13/2022 07/13/22 Sold $200,000 -4.7% $199 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
06/07/2022 06/07/22 Price Changed $209,900 -2.3% $209 / Sq Ft
04/21/2022 04/21/22 For Sale $214,900 +47.2% $214 / Sq Ft
01/11/2021 01/11/21 Sold $146,000 -5.2% $145 / Sq Ft
10/18/2020 10/18/20 Price Changed $154,000 -3.1% $153 / Sq Ft
09/21/2020 09/21/20 For Sale $159,000 -- $158 / 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 $4,970 $51,200 $18,160 $33,040
2023 $4,970 $46,720 $16,570 $30,150
2022 $4,656 $43,020 $15,260 $27,760
2021 $4,328 $40,090 $14,220 $25,870
2020 $4,188 $38,930 $13,810 $25,120
2019 $4,068 $38,930 $13,810 $25,120
2018 $4,051 $39,210 $13,910 $25,300
2017 $4,191 $39,210 $13,910 $25,300
2016 $4,045 $38,060 $13,500 $24,560
2015 $3,951 $38,060 $13,500 $24,560
2014 $3,898 $36,770 $13,040 $23,730
2013 $3,925 $37,520 $13,310 $24,210
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12040664

Midwest Real Estate Data (MRED)

APN: 92-21-17-108-007