$74,000
SOLD FEB 3, 2025
4 Beds
2 Baths
1,029 Sq Ft
5,706 Sq Ft Lot

Recently Sold

$72 Per Sq Ft

11% Below List Price

52 Days on Market

About This Home

As of February 2025

Charming 2-Unit Property with Endless Potential! This is the perfect opportunity for someone with vision and ambition to bring this 2-unit property to its full potential. Each unit features 2 bedroom. With updated electrical, a newer furnace, and a water heater, newer roof and siding. Conveniently located just minutes from downtown Urbana, parks, schools, grocery stores, and a variety of restaurants, this property is ideally situated for easy living. Enjoy the large yard, perfect for outdoor activities or gardening, plus the added convenience of off-street parking. Whether you're looking for a solid investment or a rewarding project, this property is an excellent opportunity to create value and transform a space to meet your vision. Don't miss out on this unique chance to invest in an area with great potential!

Last Agent to Sell the Property

Dionne Clifton

LIVE Real Estate Group License #471019717 Listed on: 11/17/2024

Last Buyer's Agent

Jean-Marie Nyembwe

Beringer Realty License #475164409

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,412

Home Design

  • Converted Dwelling
  • Vinyl Siding

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Uncovered Parking
  • Off-Street Parking
  • Parking Space is Owned

Schools

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

Additional Features

  • Partial Basement
  • Lot Dimensions are 59.5 x 118
  • Heating System Uses Natural Gas

Community Details

  • 2 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,412

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Age: Unknown
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service,Commuter Bus,Commuter Train,Interstate Access
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 2 MUNHALL'S, NANCY M., ELM TREE ADD
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Partial
  • Total Bathrooms: 2
  • Total Bedrooms: 4
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: None
  • MRD_AppliancesAndFeatures: None

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Parking Features: Off Street
  • ParkingTotal: 2
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

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

Schools

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

Lot Info

  • Lot Dimensions: 59.5 X 118
  • Lot Size: Less Than .25 Acre
  • Special Assessments: U

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 3412
  • Tax Year: 2023
  • Tax Exemptions: None

Multi Family

  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Converted Residence

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2024
Closed on
Jan 30, 2025
Sold by
Bolden Team Llc
Bought by
Bila Anderson N and Bila Marie
Seller's Agent
Dionne Clifton
LIVE Real Estate Group
Buyer's Agent
Jean-Marie Nyembwe
Beringer Realty
List Price
$83,000
Sold Price
$74,000
Premium/Discount to List
-$9,000
-10.84%
Views
121
Current Estimated Value
$97,869

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,869
Avg. Annual Appreciation
39.49%

Purchase Details

Closed on
May 14, 2019
Sold by
Ellis John
Bought by
Bolden Team Llc

Purchase Details

Closed on
Sep 22, 2008
Sold by
Perry James H and Perry Teresa A
Bought by
Blackstone Group Mahomet Llc
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

Date Type Sale Price Title Company
Warranty Deed $74,000 None Listed On Document
Warranty Deed $90,000 None Listed On Document
Warranty Deed $175,000 Allied
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2025 02/03/25 Sold $74,000 -7.4% $72 / Sq Ft
01/09/2025 01/09/25 Pending -- -- --
12/26/2024 12/26/24 Price Changed $79,900 -3.7% $78 / Sq Ft
11/17/2024 11/17/24 For Sale $83,000 -- $81 / 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 $3,412 $35,160 $4,870 $30,290
2023 $3,412 $32,080 $4,440 $27,640
2022 $3,197 $29,540 $4,090 $25,450
2021 $2,972 $27,530 $3,810 $23,720
2020 $2,875 $26,730 $3,700 $23,030
2019 $2,793 $26,730 $3,700 $23,030
2018 $2,781 $26,920 $3,730 $23,190
2017 $2,877 $26,920 $3,730 $23,190
2016 $2,752 $25,890 $3,590 $22,300
2015 $2,782 $25,890 $3,590 $22,300
2014 $2,745 $25,890 $3,590 $22,300
2013 $2,709 $25,890 $3,590 $22,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12190381

Midwest Real Estate Data (MRED)

APN: 91-21-09-352-012