$261,000
SOLD NOV 19, 2019

801 Hollycrest Dr Champaign, IL 61821

8 Beds
4 Baths
-- Sq Ft
6,970 Sq Ft Lot

Recently Sold

6% Below List Price

62 Days on Market

Highlights

  • Balcony
  • Property is near a bus stop
  • Forced Air Heating System
  • Centennial High School Rated A-

About This Home

As of May 2024

Fantastic opportunity to purchase an updated 4-plex with instant cash flow! 2 First floor units, and 2 Second floor units. Apartments have been updated and rents have been increased! Centrally located, with multiple bus stops close by, these units also offer off-street parking in the rear. Owner pays for trash and sewer. Tenants responsible for water, power/gas, and internet/cable.

Last Agent to Sell the Property

PJ Trautman

Trautman Real Estate Agency & Appraisal LLC License #471018644 Listed on: 08/02/2019

Last Buyer's Agent

Justin Oliver

Corcoran Urban Real Estate License #471019703

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,030

Year Built

  • 1971

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Asphalt Shingled Roof
  • Vinyl Siding

Parking

  • Parking Available
  • Off Alley Parking
  • Parking Included in Price
  • Unassigned Parking

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Additional Features

  • Crawl Space
  • Balcony
  • Property is near a bus stop

Community Details

  • Manager Expense $3,132

Listing and Financial Details

  • $3,500 Seller Concession

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,030

Year Built

1971

Lot Details

0

Listing Details

  • Property Type: Two to Four Units
  • Built Before 1978 (Y/N): Yes
  • General Information: School Bus Service, Commuter Bus
  • Age: 41-50 Years
  • Full Bathrooms: 4
  • Ownership: Fee Simple
  • Total Full or Half Bathrooms: 4
  • Estimated Year Built: 1971
  • Type Multi: 4 Flat
  • Trash Expense Year: 605
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1971

Interior Features

  • Number Of Rooms: 24
  • Basement: Crawl
  • Bedrooms All Levels: 8
  • Above Grade Bedrooms: 8

Exterior Features

  • Foundation: Concrete
  • Lot Size: Less Than .25 Acre
  • Exterior Building Type: Brick, Vinyl Siding
  • Roof Type: Asphalt/Glass (Shingles)
  • Exterior Property Features: Balcony
  • Acreage: 0.16

Garage/Parking

  • Number of Cars: 5
  • Parking: Space/s
  • Parking Details: Unassigned, Off Alley
  • Number Parking Spaces: 5
  • Parking On Site: Yes
  • Parking Included In Price: Yes
  • Parking Ownership: Owned

Utilities

  • Water: Public
  • Sewer: Sewer-Public
  • Heating Fuel: Gas, Forced Air

Condo/Co-op/Association

  • Manager Expense: 3132

Fee Information

  • Insurance Expense: 1179
  • Gross Expenses: 456

Schools

  • School District: 4
  • Elementary School: Champaign Elementary School
  • Middle School: Champaign Junior High School
  • High School: Champaign High School
  • Junior High Dist: 4

Lot Info

  • Lot Dimensions: 65 X 110
  • Parcel Identification Number: 442015276019

Rental Info

  • Gross Rental Income: 34800
  • Total Rental Income: 34800

Multi Family

  • Total Number Unitsin Building: 4
  • Full Baths In Building: 4

Tax Info

  • Taxes: 4949.18

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 20, 2024
Closed on
May 23, 2024
Sold by
Justin Oliver Inc
Bought by
Rwt Properties Llc
Seller's Agent
PJ Trautman
Trautman Real Estate Agency & Appraisal LLC
Buyer's Agent
PJ Trautman
Trautman Real Estate Agency & Appraisal LLC
List Price
$350,000
Sold Price
$350,000
Views
94
Current Estimated Value
$355,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,802
Avg. Annual Appreciation
-0.53%
Original Mortgage
$50,000
Interest Rate
7.22%

Purchase Details

Listed on
Aug 2, 2019
Closed on
Nov 13, 2019
Sold by
Philipp Anthony
Bought by
Justin Oliver Inc
Seller's Agent
PJ Trautman
Trautman Real Estate Agency & Appraisal LLC
Buyer's Agent
Justin Oliver
Corcoran Urban Real Estate
List Price
$279,000
Sold Price
$261,000
Premium/Discount to List
-$18,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.69%
Original Mortgage
$56,000
Interest Rate
3.6%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 4, 2013
Sold by
Todorov Simeon D and Todorov Deirdre
Bought by
Philipp Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 31, 2012
Sold by
Allana Rentals 2 Llc
Bought by
Todorov Simeon D and Todorov Deirdre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,500
Interest Rate
3.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2005
Sold by
Todorov Simeon D and Todorov Deirdre
Bought by
Allana Rentals 2 Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,650
Interest Rate
5.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Dec 6, 2004
Sold by
Jeske Leon E
Bought by
Todorov Simeon D and Todorov Deirdre

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,650
Interest Rate
5.82%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Type Sale Price Title Company
Special Warranty Deed $350,000 None Listed On Document
Warranty Deed $261,000 Attorney
Warranty Deed $162,000 None Available
Warranty Deed -- None Available
Warranty Deed -- --
Warranty Deed $218,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $50,000 No Value Available
Open $280,000 New Conventional
Previous Owner $56,000 Unknown
Previous Owner $204,000 Future Advance Clause Open End Mortgage
Previous Owner $121,500 New Conventional
Previous Owner $196,650 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2024 05/30/24 Sold $350,000 0.0% --
04/05/2024 04/05/24 Pending -- -- --
03/20/2024 03/20/24 For Sale $350,000 +34.1% --
11/19/2019 11/19/19 Sold $261,000 -6.5% --
10/03/2019 10/03/19 Pending -- -- --
08/02/2019 08/02/19 For Sale $279,000 -- --
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 $6,030 $73,420 $11,650 $61,770
2023 $6,030 $66,870 $10,610 $56,260
2022 $5,673 $61,690 $9,790 $51,900
2021 $5,224 $57,060 $9,060 $48,000
2020 $5,232 $57,060 $9,060 $48,000
2019 $5,063 $55,880 $8,870 $47,010
2018 $4,949 $55,000 $8,730 $46,270
2017 $4,970 $55,000 $8,730 $46,270
2016 $4,456 $53,870 $8,550 $45,320
2015 $4,490 $52,920 $8,400 $44,520
2014 $4,452 $52,920 $8,400 $44,520
2013 $4,412 $52,920 $8,400 $44,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: MRD10459508

Midwest Real Estate Data (MRED)

APN: 44-20-15-276-019