NOT LISTED FOR SALE

714 E Michigan Ave Urbana, IL 61801

Fairlawn Park Neighborhood

Estimated Value: $124,000 - $141,000

2 Beds
1 Bath
750 Sq Ft
$179/Sq Ft Est. Value

Sale Details

Date Sold: September 13, 2021

Last sale price $112,000 $149 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $853 / mo

33 Days on Market

Highlights

  • Ranch Style House
  • 1.5 Car Detached Garage
  • Patio
  • Fenced Yard
  • Porch
  • Forced Air Heating and Cooling System

About This Home

As of September 2021

WOW..Move In and Celebrate Urbana's Neighborhood Charm...Campus Convenient.. Cozy... ...Move In Ready... Updates Include Vinyl Replacement Windows and Siding...Roof 2018 With 30 Year Shingles...HVAC 2018...Kitchen & Bath Updates 2021...Premium Mohawk Waterproof Laminate Plank Flooring In Living Room/Kitchen/Hall/Utility Room...Lifeproof Stain Resistant Carpeting in Bedrooms 2018...Inviting Interior Paint Throughout 2021...Upgraded Electrical Service In House/Garage 2018... Appliances Include Washer&Dryer... Fully Fenced Spacious Yard Features New Party Deck .. Invite Your Friends to Enjoy Outdoor Fun..Oversized Garage With Plenty Of Storage...Extra Wide/Plenty of Parking Driveway...Covered Front Porch for You & Guests..Quick To University...Urbana Schools & Street Festivals & Parks...Farmers Market...Coffee Chats...Eatieries..Library..Medical Facilities...Home Inspection On File.

Last Agent to Sell the Property

betty gauze

Team Gauze,Inc License #471008304 Listed on: 06/23/2021

Last Buyer's Agent

Creg McDonald

Realty Select One License #471008296

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,080

Year Built

  • Built in 1952 | Remodeled in 2018

Lot Details

  • 6,970 Sq Ft Lot
  • Lot Dimensions are 57x122
  • Fenced Yard

Parking

  • 1.5 Car Detached Garage
  • Parking Space is Owned

Home Design

  • 750 Sq Ft Home
  • Ranch Style House
  • Slab Foundation
  • Vinyl Siding

Kitchen

  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio
  • Porch

Schools

  • Wiley Elementary School
  • Urbana Middle School
  • Urbana High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Cable TV Available

Listing and Financial Details

  • Homeowner Tax Exemptions

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,080

Year Built

Built in 1952 | Remodeled in 2018

Lot Details

6,970 Sq Ft Lot

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1 Story
  • Ownership: Fee Simple
  • ArchitecturalStyle: Ranch
  • New Construction: No
  • Property Sub-Type: 1 Story
  • Year Built: 1952
  • Age: 61-70 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: School Bus Service,Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): Yes
  • Rehab Year: 2018
  • Legal Description: LOT 2 FAIRLAWN PARK 3RD ADDITIONS
  • Special Features: None
  • Property Sub Type: Detached
  • Year Renovated: 2018

Interior Features

  • Appliances: Range, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
  • Basement: None
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • Interior Amenities: 1st Floor Bedroom
  • LivingArea: 750
  • Other Equipment: TV-Cable
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 750
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 750
  • Bedroom 2 Flooring: Carpet
  • Kitchen Flooring: Wood Laminate
  • Kitchen: Galley
  • Living Room Flooring: Wood Laminate
  • MRD_MBB: None
  • Master Bedroom Flooring: Carpet
  • Master Bedroom Dimensions: 12X9
  • Laundry Flooring: Wood Laminate

Exterior Features

  • DirectionFaces: South
  • ExteriorFeatures: Patio, Porch
  • Lot Features: Fenced Yard
  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 1.5
  • Number of Cars: 1.5
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Electric: 100 Amp Service
  • Heating: Natural Gas, Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Community Features: Sidewalks
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

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

Lot Info

  • Lot Size Acres: 0.16
  • Lot Dimensions: 57X122
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 2080.34
  • Tax Year: 2020
  • Tax Exemptions: Homeowner

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
Jun 23, 2021
Closed on
Sep 13, 2021
Sold by
Bought by
Seller's Agent
betty gauze
Team Gauze,Inc
Buyer's Agent
Creg McDonald
Realty Select One
List Price
$119,900
Sold Price
$112,000
Premium/Discount to List
-$7,900
-6.59%
Current Estimated Value
$133,968

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,968
Avg. Annual Appreciation
3.79%
Original Mortgage
$109,971
Outstanding Balance
$98,357
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$35,611

Purchase Details

Closed on
Mar 11, 2016
Sold by
Bought by

Purchase Details

Closed on
Jun 7, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,800
Interest Rate
6.73%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
$112,000 Act
-- None Available
$78,500 Allied Title Services
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 $109,971
Previous Owner $62,800
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
09/13/2021 09/13/21 Sold $112,000 -6.6% $149 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
06/23/2021 06/23/21 For Sale $119,900 -- $160 / Sq Ft
Source: Midwest Real Estate Data (MRED)

Agents Affiliated with this Home

  • betty gauze

    Seller's Agent in 2021

    betty gauze

    Team Gauze,Inc

    (217) 202-9000

    2 in this area

    33 Total Sales

    betty gauze
    Section Image
  • Creg McDonald

    Buyer's Agent in 2021

    Creg McDonald

    Realty Select One

    (217) 493-8341

    10 in this area

    721 Total Sales

    Creg McDonald
    Section Image
  • Michael Nelson

    Buyer Co-Listing Agent in 2021

    Michael Nelson

    Realty Select One

    (217) 840-9013

    2 in this area

    106 Total Sales

    Michael Nelson
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11132393

Midwest Real Estate Data (MRED)

APN: 92-21-16-307-028

Illinois Champaign County Urbana 61801 Fairlawn Park

714 E Michigan Ave, Urbana, IL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Listings courtesy of Midwest Real Estate Data (MRED) as distributed by MLS GRID.
Based on information submitted to the MLS GRID

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