NOT LISTED FOR SALE

Estimated Value: $270,000 - $291,871

6 Beds
2 Baths
1,144 Sq Ft
$247/Sq Ft Est. Value

Last Sold July 01, 2024

Last sale price $275,000 $240 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $1,798/month

82 Days on Market

Highlights

  • Colonial Architecture
  • Sun or Florida Room
  • Paved or Partially Paved Lot
  • Deck
  • Forced Air Heating System

About This Home

As of July 2024

Just a block from the UofI Campus! This all-brick duplex features hardwood floors, a great layout and a perfect location. Both sides feature two bedrooms on the second floor and a third-floor private loft/room as well as dining and living rooms plus a flex/sunroom on the main level. This is a true duplex, not a converted house. Both units are leased until August 2024 with combined monthly rents of $2580. Tenants are responsible for electric and gas. There are 6 parking spaces included with property making it even more attractive for tenants. This is an amazing find in an incredible neighborhood! Updates: Roof 2017, Steel entry door, flooring, kitchen and bathroom updates as well, new concrete stoop, tuckpointing and tree removal. 10 windows replaced in 2018

Last Agent to Sell the Property

Mark Waldhoff

KELLER WILLIAMS-TREC Brokerage Phone: (217) 714-3603 License #475122749 Listed on: 08/28/2023

KELLER WILLIAMS-TREC

Last Buyer's Agent

Mark Waldhoff

KELLER WILLIAMS-TREC Brokerage Phone: (217) 714-3603 License #475122749 Listed on: 08/28/2023

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,028

Year Built

  • Built in 1927

Lot Details

  • 6,534 Sq Ft Lot
  • Lot Dimensions are 50 x 135
  • Paved or Partially Paved Lot

Home Design

  • Duplex
  • Colonial Architecture
  • Brick Exterior Construction
  • Asphalt Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 2 Bathrooms

Parking

  • 6 Parking Spaces
  • Uncovered Parking
  • Parking Included in Price
  • Unassigned Parking

Outdoor Features

  • Deck

Schools

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

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $1,259
  • Gross Income $30,960

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,028

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • ArchitecturalStyle: Colonial
  • New Construction: No
  • Year Built: 1927
  • Age: 91-100 Years
  • Built Before 1978 (Y/N): Yes
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • New Construction Y/N: No
  • Legal Description: LOT 21 IN FOREST PARK ADDITION
  • ResoPropertyType: ResidentialIncome
  • AttributionContact: (217) 714-3603
  • Attribution Contact: (217) 714-3603
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: Full
  • Total Bathrooms: 2
  • Total Bedrooms: 6
  • Room Type: Sun Room
  • Basement Description: Unfinished
  • Below Grade Bedrooms: 0
  • Full Bathrooms in Building: 2
  • Half Bathrooms in Building: 0

Exterior Features

  • ExteriorFeatures: Deck
  • List Price: 299900
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Parking Features: Unassigned
  • ParkingTotal: 6
  • Parking: Space/s
  • Parking On-Site: Yes
  • Parking Ownership: Owned

Utilities

  • Sewer: Public Sewer
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Street Paved

Fee Information

  • Other Expenses $: 5582

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 Size Acres: 0.15
  • Lot Dimensions: 50 X 135
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22
  • Is Parking Included in Price: Yes

Multi Family

  • Insurance Expense: 1259
  • GrossIncome: 30960
  • Units in Building: 2
  • Three Bedroom Number of Units: No
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 9028.3
  • Tax Year: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2023
Closed on
Jun 14, 2024
Sold by
Schmitt Allen R and Schmitt Charlotte A
Bought by
Dohrn Christopher
Seller's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
Buyer's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
List Price
$299,900
Sold Price
$275,000
Premium/Discount to List
-$24,900
-8.3%
Views
168
Current Estimated Value
$277,733

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,733
Avg. Annual Appreciation
2.61%
Original Mortgage
$206,250
Outstanding Balance
$204,494
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$78,474

Purchase Details

Closed on
Aug 24, 2017
Sold by
Doyle Kip and Doyle Sheri
Bought by
Schmitt Allen R and Schmitt Charlotte A

Purchase Details

Closed on
Mar 15, 2004
Sold by
Cassel Chad L and Cassel Mary G
Bought by
Doyle Kip and Doyle Sheri
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
Dohrn Christopher $275,000 None Listed On Document
Schmitt Allen R $214,500 Attorney
Doyle Kip $156,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dohrn Christopher $206,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2024 07/01/24 Sold $275,000 -8.3% $240 / Sq Ft
11/19/2023 11/19/23 Pending -- -- --
08/28/2023 08/28/23 For Sale $299,900 -- $262 / 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 $9,636 $99,290 $25,570 $73,720
2023 $9,636 $90,590 $23,330 $67,260
2022 $9,028 $83,410 $21,480 $61,930
2021 $8,392 $77,740 $20,020 $57,720
2020 $8,119 $75,480 $19,440 $56,040
2019 $7,888 $75,480 $19,440 $56,040
2018 $7,854 $76,020 $19,580 $56,440
2017 $8,125 $76,020 $19,580 $56,440
2016 $7,770 $73,100 $18,830 $54,270
2015 $7,589 $73,100 $18,830 $54,270
2014 $7,487 $70,620 $18,190 $52,430
2013 $7,539 $72,060 $18,560 $53,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11866877

Midwest Real Estate Data (MRED)

APN: 93-21-17-306-017