NOT LISTED FOR SALE

704 E Colorado Ave Urbana, IL 61801

Southeast Urbana Neighborhood

Estimated Value: $205,000 - $263,010

Studio
2 Baths
1,855 Sq Ft
$128/Sq Ft Est. Value

Sale Details

Date Sold: May 30, 2018

Last sale price $125,000 $67 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $1,850 / mo

4 Days on Market

About This Home

As of May 2018

Spacious Duplex in Urbana, IL. Conveniently located in SE Urbana, near most shopping and services, and public park. Featured in each unit - a living room, kitchen, dining area, 2 bedrooms, bath and laundry area. Spacious closets. Attached single car garage. Appliances stay, but not guaranteed. Separate gas, electric and water meters. Handicap accessible.

Last Agent to Sell the Property

William Grubb

Bill Grubb Real Estate & Auctn License #471003551 Listed on: 04/12/2018

Last Buyer's Agent

William Grubb

Bill Grubb Real Estate & Auctn License #471003551 Listed on: 04/12/2018

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,713

Year Built

  • Built in 1978

Lot Details

  • Lot Dimensions are 89.68x143.51x90x148.20

Home Design

  • Duplex
  • Asphalt Roof
  • Aluminum Siding
  • Masonite

Interior Spaces

  • 1,855 Sq Ft Home
  • 1-Story Property
  • Range
  • Dryer
  • Basement

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Gas Water Heater

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for all utilities
  • The owner pays for exterior maintenance, repairs, sewer
  • Assessor Parcel Number 93-21-21-106-013

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,713

Year Built

Built in 1978

Lot Details

0 Sq Ft Lot

Listing Details

  • Above Grade Finished Sq Ft: 1855.0
  • Directions: Crossroad=S. Vine,East University Ave, Urbana, South on Vine St., East on Colorado Ave.
  • Lot Size: 89.68x143.51x90x148.20
  • Property Sub Type: Duplex
  • Prop. Type: Residential Income
  • Road Surface Type: Concrete
  • Building Stories: 1
  • Year Built: 1978
  • Architectural Style: Ranch
  • Unit Levels: One
  • Property Sub Type Additional: Duplex
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dryer, Gas Water Heater, Range, Refrigerator
  • Basement YN: Yes
  • Owner Pays: Exterior Maintenance, Repairs, Sewer

Exterior Features

  • Construction Type: Aluminum Siding, Masonite
  • Roof: Asphalt
  • Waterfront: No

Utilities

  • Cooling: Central Air
  • Heating: Forced Air, Gas
  • Water Source: Public
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Sewer: Public Sewer

Schools

  • High School: Other
  • Middle Or Junior School: Other
  • Junior High Dist: Other

Lot Info

  • Parcel #: 93-21-21-106-013
  • Zoning: Other
  • Zoning Description: R-3

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4713.0

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 12, 2018
Closed on
May 30, 2018
Sold by
Scott W Jeanne
Bought by
Seller's Agent
William Grubb
Bill Grubb Real Estate & Auctn
Buyer's Agent
William Grubb
Bill Grubb Real Estate & Auctn
List Price
$130,000
Sold Price
$125,000
Premium/Discount to List
-$5,000
-3.85%
Current Estimated Value
$237,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,503
Avg. Annual Appreciation
8.08%
Original Mortgage
$120,000
Outstanding Balance
$85,948
Interest Rate
5.3%
Mortgage Type
Commercial
Estimated Equity
$151,555
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Southeast Urbana, IL

  • Jake Patterson Real Estate Agent - Realty Select One

    Jake Patterson

    Realty Select One

    (217) 858-3002

    136 Total Sales

    2 in Southeast Urbana

    $153K - $280K Price Range

    Jake Patterson
     Section Image
  • Todd Salen Real Estate Agent - KELLER WILLIAMS-TREC

    Todd Salen

    KELLER WILLIAMS-TREC

    (217) 858-2707

    34 Total Sales

    4 in Southeast Urbana

    $220K - $313K Price Range

    Todd Salen
     Section Image
  • Carol Meinhart Real Estate Agent - The Real Estate Group LLC

    Carol Meinhart

    Responds Quickly

    The Real Estate Group LLC

    (217) 858-4967

    769 Total Sales

    27 in Southeast Urbana

    $115K - $420K Price Range

    Carol Meinhart
     Section Image
  • Laura Heiser Real Estate Agent - The Real Estate Group,Inc

    Laura Heiser

    The Real Estate Group,Inc

    (217) 858-3171

    199 Total Sales

    4 in Southeast Urbana

    $180K - $260K Price Range

    Laura Heiser
     Section Image
  • Barb Schwartz Real Estate Agent - Keller Williams Realty Atl. Partners

    Barb Schwartz

    Keller Williams Realty Atl. Partners

    (217) 794-6090

    91 Total Sales

    6 in Southeast Urbana

    $239K - $375K Price Range

    Barb Schwartz
     Section Image
  • PJ Trautman Real Estate Agent - Trautman Real Estate Agency & Appraisal LLC

    PJ Trautman

    Trautman Real Estate Agency & Appraisal LLC

    (217) 858-4950

    167 Total Sales

    10 in Southeast Urbana

    $64K - $725K Price Range

    PJ Trautman
     Section Image
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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
$125,000 Attorney
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
Open $120,000
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
05/30/2018 05/30/18 Sold $125,000 -3.8% $67 / Sq Ft
04/17/2018 04/17/18 Pending -- -- --
04/12/2018 04/12/18 For Sale $130,000 -- $70 / Sq Ft
Source: Central Illinois Board of REALTORS®

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 $7,077 $72,520 $25,890 $46,630
2024 $6,660 $68,540 $24,470 $44,070
2023 $6,660 $62,540 $22,330 $40,210
2022 $6,242 $57,590 $20,560 $37,030
2021 $5,800 $53,670 $19,160 $34,510
2020 $5,611 $52,100 $18,600 $33,500
2019 $5,454 $52,100 $18,600 $33,500
2018 $5,428 $52,470 $18,730 $33,740
2017 $5,495 $51,350 $18,330 $33,020
2016 $4,720 $50,340 $17,970 $32,370
2015 $4,765 $50,340 $17,970 $32,370
2014 $4,701 $50,340 $17,970 $32,370
2013 $4,639 $50,340 $17,970 $32,370
Source: Public Records

Agents Affiliated with this Home

  • WG

    Seller's Agent in 2018

    William Grubb

    Bill Grubb Real Estate & Auctn

    (217) 493-8350

    38 Total Sales

    William Grubb
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Map

Source: Central Illinois Board of REALTORS®

MLS Number: D205205

APN: 93-21-21-106-013

Illinois Champaign County Urbana 61801 Southeast Urbana

704 E Colorado Ave, Urbana, IL

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