NOT LISTED FOR SALE

1506 S Race St Unit 1 Urbana, IL 61801

West Urbana Neighborhood

Estimated Value: $122,000 - $136,000

2 Beds
1 Bath
800 Sq Ft
$344/mo HOA Fee

Last Sold October 11, 2024

Last sale price $125,000 $156 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $1,295/month

11 Days on Market

Highlights

  • Newly Remodeled
  • Living Room
  • Central Air
  • 1 Car Detached Garage
  • Laundry Room
  • 2-minute walk to Blair Park

About This Home

As of October 2024

This move-in-ready condo offers the perfect blend of convenience and tranquility, located on the bus line and just minutes from U of I campus in a quiet setting. Inside, you'll find beautiful parquet floors, crown molding, and loads of cabinets and counterspace compared to similar condos. Both bedrooms feature closet organizers, and the bathroom retains its period charm with mosaic tile. There is additional storage in the basement of the building. Enjoy outdoor living on a shaded patio, plus the convenience of a garage. The condo fee covers essential services, including water, heat, maintenance, and more, making this an exceptional find!

Last Agent to Sell the Property

Marty Carlson

Taylor Realty Associates License #471001025 Listed on: 08/30/2024

Last Buyer's Agent

Dana Price

KELLER WILLIAMS-TREC License #475174755

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,086

Year Built

  • Built in 1942 | Newly Remodeled

Lot Details

  • 871

HOA Fees

  • $344 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Parking Included in Price

Home Design

  • Brick Exterior Construction

Interior Spaces

  • 800 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Unfinished Basement
  • Basement Fills Entire Space Under The House
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Potential Bedrooms
  • 1 Full Bathroom

Schools

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

Utilities

  • Central Air
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Community Details

Overview

  • Association fees include heat, water, gas, insurance, exterior maintenance, lawn care, snow removal
  • 6 Units
  • Delmontvillagecondos@Gmail.Com Association
  • Property managed by Board

Pet Policy

  • Limit on the number of pets
  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,086

Year Built

Built in 1942 | Newly Remodeled

Lot Details

0

HOA Fees

$344 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1942
  • Age: 81-90 Years
  • Built Before 1978 (Y/N): Yes
  • Disability Access and/or Equipped: No
  • General Information: Commuter Bus
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Unit Floor Level: 1
  • New Construction Y/N: Yes
  • Legal Description: UNIT 201 & GARAGE UNIT G-22 DELMONT VILLAGE APTS
  • Actual Status: Closed
  • ResoPropertyType: Residential
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 2

Interior Features

  • Basement: Full
  • Full Bathrooms: 1
  • Total Bathrooms: 1
  • Total Bedrooms: 2
  • LivingArea: 800
  • Room Type: No additional rooms
  • Stories Total: 2
  • Estimated Total Finished Sq Ft: 800
  • Basement Description: Unfinished
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 800
  • ResoLivingAreaSource: Other

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Brick

Garage/Parking

  • Garage Spaces: 1
  • ParkingTotal: 1
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Detached
  • Parking: Garage

Utilities

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

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK, Number Limit
  • Association Fee: 344
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Board
  • Management Contact Name: delmontvillagecondos@gmail.com
  • Management Phone: 000-000-0000
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Heat, Water, Gas, Insurance, Exterior Maintenance, Lawn Care, Snow Removal

Schools

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

Lot Info

  • Lot Dimensions: CONDO
  • Special Assessments: U

Rental Info

  • Board Number: 22
  • Pets Allowed (Y/N): Yes
  • Is Parking Included in Price: Yes
  • Max Pet Weight: 999

Tax Info

  • Tax Annual Amount: 3086
  • Tax Year: 2022

Multi Family

  • Units in Building: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2024
Closed on
Oct 11, 2024
Sold by
Hartley-Kroeger Family Trust and Fiona Hartley-Kroeger Trust
Bought by
Pigman Eric H and Pigman Yvette R
Seller's Agent
Marty Carlson
Taylor Realty Associates
Buyer's Agent
Dana Price
KELLER WILLIAMS-TREC
List Price
$125,000
Sold Price
$125,000
Views
15
Current Estimated Value
$129,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,214
Avg. Annual Appreciation
2.90%
Original Mortgage
$100,000
Outstanding Balance
$98,758
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$30,456

Purchase Details

Closed on
Jun 24, 2021
Sold by
Hartley Kroeger Fiona
Bought by
Hartley Kroeger Fiona and The Fiona Hartley Kroeger Trus

Purchase Details

Closed on
Jun 13, 2008
Sold by
Grossman Michael and Grossman Margaret R
Bought by
Dickison Carrie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,100
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 10, 2003
Sold by
Grossman Michael and Grossman Margaret R
Bought by
Grossman Michael and Grossman Margaret R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pigman Eric H $125,000 None Listed On Document
Hartley Kroeger Fiona -- Attorney
Dickison Carrie $83,500 Downstate Title
Grossman Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pigman Eric H $100,000
Previous Owner Dickison Carrie $50,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2024 10/11/24 Sold $125,000 0.0% $156 / Sq Ft
09/07/2024 09/07/24 Pending -- -- --
08/26/2024 08/26/24 For Sale $125,000 +66.9% $156 / Sq Ft
07/17/2015 07/17/15 Sold $74,900 0.0% $92 / Sq Ft View Prior Sale
05/20/2015 05/20/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $74,900 -- $92 / 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 $3,293 $33,930 $6,770 $27,160
2023 $3,293 $30,960 $6,180 $24,780
2022 $3,086 $28,510 $5,690 $22,820
2021 $2,868 $26,570 $5,300 $21,270
2020 $2,695 $25,050 $5,000 $20,050
2019 $2,618 $25,050 $5,000 $20,050
2018 $1,987 $25,230 $5,040 $20,190
2017 $2,055 $25,230 $5,040 $20,190
2016 $2,044 $25,230 $5,040 $20,190
2015 $2,208 $25,230 $5,040 $20,190
2014 $2,179 $26,550 $5,300 $21,250
2013 $2,150 $26,550 $5,300 $21,250
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12147929

Midwest Real Estate Data (MRED)

APN: 93-21-17-453-007