NOT LISTED FOR SALE

Estimated Value: $504,000 - $584,000

3 Beds
2 Baths
2,115 Sq Ft
$261/Sq Ft Est. Value

Last Sold December 01, 2023

Last sale price $490,000 $232 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,058/month

137 Days on Market

About This Home

As of December 2023

Rare opportunity to own a home on sought after Armory Avenue situated on 1 1/2 lots with 75 feet of golf course frontage! The home is ready for you to make it your own - work with existing space or utilize the large lot for an addition. There are 2 bedrooms on main level plus a nice sized living room and a family room with vaulted beamed ceiling and sliders to the back yard. Upstairs there's one large bedroom with sitting area, 2 walk in closets and full bath. Basement has mechanicals and storage area. This home has been lovingly cared for by its current owner for many years and now is looking for someone to update and enjoy!

Last Agent to Sell the Property

Creg McDonald

Realty Select One License #471008296 Listed on: 06/02/2023

Last Buyer's Agent

Mark Panno

KELLER WILLIAMS-TREC License #475164947

KELLER WILLIAMS-TREC

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,095

Year Built

1928

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Detached Single
  • Type Detached: 1.5 Story
  • Ownership: Fee Simple
  • New Construction: No
  • Property Sub-Type: 1.5 Story
  • Subdivision Name: Chamber of Commerce
  • Year Built: 1928
  • Age: 91-100 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): No
  • Legal Description: LOT 337 AND THE EAST 1/2 OF LOT 336 CHAMBER OF COMMERCE ADDITION
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Appliances: Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer
  • Basement: Partial
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 2
  • Interior Amenities: Vaulted/Cathedral Ceilings, Skylight(s), First Floor Bedroom, First Floor Full Bath, Walk-In Closet(s)
  • LivingArea: 2115
  • Room Type: No additional rooms
  • Estimated Total Finished Sq Ft: 2115
  • Assessed Sq Ft: 1554
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Dining Room: Combined w/ LivRm
  • Total Sq Ft: 2115
  • Basement Sq Ft: 974
  • Fireplace Location: Living Room,Basement
  • Total Sq Ft: 3089
  • Unfinished Basement Sq Ft: 974
  • Upper Level Sq Ft: 535
  • Main Level Sq Ft: 1580
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • List Price: 575000
  • Waterfront: No
  • Exterior Building Type: Wood Siding

Garage/Parking

  • Garage Spaces: 2
  • Number of Cars: 2
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Not Applicable
  • Master Association Fee Frequency: Not Required

Fee Information

  • Association Fee Includes: None

Schools

  • Elementary School: Unit 4 Of Choice
  • High School: Central High School
  • Middle/Junior School: Champaign/Middle Call Unit 4 351
  • Middle/Junior School District: 4

Lot Info

  • Lot Dimensions: 75X132
  • Lot Size: Less Than .25 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Tax Info

  • Tax Annual Amount: 11299.8
  • Tax Year: 2022
  • Tax Exemptions: Homeowner,Senior

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 2, 2023
Closed on
Dec 1, 2023
Sold by
Miley Elizabeth B and Miley George H
Bought by
Panno Paul F and Buerkett Karlee J
Seller's Agent
Creg McDonald
Realty Select One
Buyer's Agent
Mark Panno
KELLER WILLIAMS-TREC
List Price
$695,000
Sold Price
$490,000
Premium/Discount to List
-$205,000
-29.5%
Views
472
Current Estimated Value
$552,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,229
Avg. Annual Appreciation
-1.36%
Original Mortgage
$392,000
Outstanding Balance
$387,242
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$91,970
Source: Public Records

Range of Values:

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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 Buyer Sale Price Title Company
Panno Paul F $490,000 None Listed On Document
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panno Paul F $392,000
Previous Owner Miley George H $150,000
Previous Owner Miley George H $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2023 12/01/23 Sold $490,000 -14.8% $232 / Sq Ft
10/18/2023 10/18/23 Pending -- -- --
10/07/2023 10/07/23 Price Changed $575,000 -2.5% $272 / Sq Ft
09/15/2023 09/15/23 Price Changed $590,000 -1.7% $279 / Sq Ft
09/05/2023 09/05/23 Price Changed $600,000 -4.0% $284 / Sq Ft
08/11/2023 08/11/23 Price Changed $625,000 -3.8% $296 / Sq Ft
07/05/2023 07/05/23 Price Changed $650,000 -3.7% $307 / Sq Ft
06/20/2023 06/20/23 Price Changed $675,000 -2.9% $319 / Sq Ft
06/02/2023 06/02/23 For Sale $695,000 -- $329 / 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 $12,095 $159,340 $79,110 $80,230
2023 $12,095 $145,120 $72,050 $73,070
2022 $11,300 $133,880 $66,470 $67,410
2021 $11,009 $131,260 $65,170 $66,090
2020 $10,345 $123,830 $61,480 $62,350
2019 $9,993 $121,290 $60,220 $61,070
2018 $353 $119,380 $59,270 $60,110
2017 $9,378 $114,790 $56,990 $57,800
2016 $8,390 $112,430 $55,820 $56,610
2015 $16,000 $110,440 $54,830 $55,610
2014 $8,365 $110,440 $54,830 $55,610
2013 $8,290 $110,440 $54,830 $55,610
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 11704607

Midwest Real Estate Data (MRED)

APN: 43-20-14-283-015