903 Philo Rd Urbana, IL 61801
Fairlawn Park Neighborhood
2
Beds
1
Bath
779
Sq Ft
0.27
Acres
Highlights
- First Floor Utility Room
- Living Room
- Entrance Foyer
- Formal Dining Room
- Laundry Room
- Garden Bath
About This Home
As of June 2025MOVE-IN READY...Welcome to this cute home at 903 Philo Road in Urbana. As you step through the front door you'll discover a versatile space adaptable to your needs. This 2- bedroom, 1-bath home offers many recent upgrades including roof (home & garage Apr. 3 years), replacement windows, newer furnace and A/C, new water heater, Sanitary sewer line and more. Appliance included for your convenience is a brand new gas stove. Note: generously sized, very private and fenced back yard(.27 acre) for your enjoyment. You'll love to spend your summer evenings by the firepit. Located near restaurants, shopping and minutes to downtown Urbana and the U of I campus. Garage is in need of TLC. The price and location make this a perfect investment property or personal home. Stop by today!
Last Agent to Sell the Property
KELLER WILLIAMS-TREC License #475129616 Listed on: 04/14/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,528
Year Built
- Built in 1924
Lot Details
- 0.27 Acre Lot
- Lot Dimensions are 68 x 262 x 50 x 214
- Fenced
Interior Spaces
- 779 Sq Ft Home
- 1-Story Property
- Entrance Foyer
- Family Room
- Living Room
- Formal Dining Room
- First Floor Utility Room
Kitchen
- Range
- Disposal
Flooring
- Carpet
- Laminate
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Potential Bedrooms
- 1 Full Bathroom
- Garden Bath
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Driveway
- Parking Included in Price
Outdoor Features
- Fire Pit
Schools
- Urbana Elementary School
- Urbana Middle School
- Urbana High School
Utilities
- Central Air
- Heating System Uses Natural Gas
- 100 Amp Service
Community Details
- Hubbard Terrace Subdivision
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 14, 2025
Closed on
Jun 2, 2025
Sold by
Robert S Wease Living Trust and Wease Charles R
Bought by
Chavez Lorna and Cooper Patrick
Seller's Agent
Eva Vlach
KELLER WILLIAMS-TREC
Buyer's Agent
Mark Waldhoff
KELLER WILLIAMS-TREC
List Price
$89,000
Sold Price
$89,445
Premium/Discount to List
$445
0.5%
Views
58
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.16%
Original Mortgage
$8,944
Outstanding Balance
$8,944
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$81,381
Purchase Details
Closed on
Apr 17, 2024
Sold by
Wease Robert S
Bought by
Robert S Wease Living Trust and Wease
Purchase Details
Closed on
Sep 8, 2022
Sold by
Wease Austin C
Bought by
Wease Robert S
Purchase Details
Closed on
Sep 24, 2003
Sold by
Phillips Harrison C and Phillips Peggy J
Bought by
Perry Carl L and Perry Jamie L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$41,300
Interest Rate
6.33%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 1, 1985
Sold by
Harper Kenneth Earleen and Harper Mildred S
Bought by
Phillips Harrison C and Phillip Peggy J
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $89,500 | None Listed On Document | |
| Deed | -- | None Listed On Document | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $46,000 | Allied Title Services | |
| Warranty Deed | $34,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $8,944 | New Conventional | |
| Open | $83,845 | New Conventional | |
| Previous Owner | $34,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $52,400 | Fannie Mae Freddie Mac | |
| Previous Owner | $41,300 | Purchase Money Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/02/2025 06/02/25 | Sold | $89,445 | +0.5% | $115 / Sq Ft |
| 04/21/2025 04/21/25 | Pending | -- | -- | -- |
| 04/14/2025 04/14/25 | For Sale | $89,000 | -- | $114 / Sq Ft |
Source: Midwest Real Estate Data (MRED)
Tax History Compared to Growth
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 | $1,437 | $14,810 | $6,960 | $7,850 |
| 2023 | $1,437 | $13,510 | $6,350 | $7,160 |
| 2022 | $1,347 | $12,440 | $5,850 | $6,590 |
| 2021 | $603 | $11,590 | $5,450 | $6,140 |
| 2020 | $565 | $11,250 | $5,290 | $5,960 |
| 2019 | $549 | $11,250 | $5,290 | $5,960 |
| 2018 | $551 | $11,330 | $5,330 | $6,000 |
| 2017 | $570 | $11,330 | $5,330 | $6,000 |
| 2016 | $567 | $11,330 | $5,330 | $6,000 |
| 2015 | $1,218 | $11,330 | $5,330 | $6,000 |
| 2014 | $2,235 | $21,080 | $5,330 | $15,750 |
| 2013 | $2,205 | $21,080 | $5,330 | $15,750 |
Source: Public Records
Agents Affiliated with this Home
-
Eva Vlach
Seller's Agent in 2025
Eva Vlach
KELLER WILLIAMS-TREC
(217) 637-0975
5 in this area
68 Total Sales
-
Mark Waldhoff
Buyer's Agent in 2025
Mark Waldhoff
KELLER WILLIAMS-TREC
(217) 714-3603
17 in this area
684 Total Sales
-
Erica Wallace
Buyer Co-Listing Agent in 2025
Erica Wallace
KELLER WILLIAMS-TREC
(217) 369-6687
2 in this area
7 Total Sales
Map
Source: Midwest Real Estate Data (MRED)
MLS Number: 12337373
APN: 92-21-16-326-009
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