$325,000
SOLD MAR 14, 2025

1602 Lakeside Dr Unit 1602 Champaign, IL 61821

The Old Farm Neighborhood
3 Beds
2 Baths
1,901 Sq Ft
$302/mo HOA Fee

Recently Sold

$171 Per Sq Ft

7% Above List Price

1 Day on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • Screened Porch
  • Central High School Rated A
  • Corner Lot
  • 2-minute walk to Wisegarver Park

About This Home

As of March 2025

Don't miss out on this unique opportunity to own a Freestanding condo on a corner lot in Old Farm! This rare gem offers the benefits of condo living without sharing a wall with your neighbor. This beautiful 3 bedroom, 2 bath condo features vaulted ceilings and numerous updates. The great room concept includes a formal dining area and gleaming hardwood floors that extend into the hallways. The masonry fireplace with a gas log will keep you cozy during the winter, while the custom-built sunroom provides additional living space in the Summer and Fall. The updated eat-in kitchen boasts white cabinetry and a large pantry. The main bedroom features a walk-in shower and ample closet space. The third bedroom is currently used as a den but can easily be converted back to a bedroom. The large 2-car garage has an epoxy floor, a garage sink, and plenty of storage space. Recent updates include the HVAC (2023), water heater (2020), and roof (2022). This home has also been pre-inspected for your peace of mind. This condo truly is one of a kind!

Last Agent to Sell the Property

Cindy Johnson

RE/MAX REALTY ASSOCIATES-CHA License #475207238

RE/MAX REALTY ASSOCIATES-CHA

Last Buyer's Agent

Mark Waldhoff

KELLER WILLIAMS-TREC License #475122749

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,157

Year Built

  • Built in 1993

HOA Fees

  • $302 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Driveway
  • Parking Included in Price

Home Design

  • Asphalt Roof

Interior Spaces

  • 1,901 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Entrance Foyer
  • Family Room
  • Living Room with Fireplace
  • Breakfast Room
  • Dining Room
  • Screened Porch
  • Wood Flooring

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Potential Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Electric Dryer Hookup

Outdoor Features

  • Patio

Schools

  • Unit 4 Of Choice Elementary School
  • Champaign/Middle Call Unit 4 351
  • Centennial High School

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Homeowner Tax Exemptions
  • Senior Freeze Tax Exemptions

Community Details

Overview

  • Association fees include insurance, lawn care, snow removal
  • 2 Units
  • Loren Nelson Association, Phone Number (217) 493-4266

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,157

Year Built

Built in 1993

Lot Details

0

HOA Fees

$302 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Type: Attached Single
  • Type Attached: Condo
  • Ownership: Condo
  • New Construction: No
  • Property Sub-Type: Condo
  • Year Built: 1993
  • Age: 31-40 Years
  • Built Before 1978 (Y/N): No
  • 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: No
  • Legal Description: LOT COMMONS 18 OLD FARM CONDO 6, 1ST AMENDMENT
  • ResoPropertyType: Residential
  • Special Features: VirtualTour
  • Property Sub Type: Condos
  • Stories: 1

Interior Features

  • Appliances: Microwave, Dishwasher, Refrigerator, Disposal
  • Basement: None
  • Full Bathrooms: 2
  • Total Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), Hardwood Floors, Walk-In Closet(s), Open Floorplan
  • LivingArea: 1901
  • Room Type: Breakfast Room, Foyer, Walk In Closet, Screened Porch
  • Stories Total: 1
  • Estimated Total Finished Sq Ft: 1901
  • Basement Description: None
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • Total Sq Ft: 1901
  • Basement Sq Ft: 0
  • Fireplace Location: Living Room
  • Total Sq Ft: 1901
  • Unfinished Basement Sq Ft: 0
  • Upper Level Sq Ft: 0
  • Main Level Sq Ft: 1901
  • Lower Level Sq Ft: 0
  • Unfinished Lower Sq Ft: 0
  • ResoLivingAreaSource: Other

Exterior Features

  • ExteriorFeatures: Patio
  • List Price: 305000
  • Lot Features: Corner Lot, Sidewalks
  • Patio And Porch Features: Patio
  • Roof: Asphalt
  • Waterfront: No
  • Exterior Building Type: Brick,Other

Garage/Parking

  • Garage Spaces: 2
  • ParkingTotal: 2
  • Driveway: Concrete
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Cooling: Central Air
  • Heating: Natural Gas, Forced Air
  • Laundry Features: Electric Dryer Hookup
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Cats OK, Dogs OK
  • Association Fee: 302
  • Association Fee Frequency: Monthly
  • Master Association Fee Frequency: Not Required
  • Management Company: Self
  • Management Contact Name: Loren Nelson
  • Management Phone: 217-493-4266
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Insurance, Lawn Care, Snow Removal

Schools

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

Lot Info

  • Additional Parcels: No
  • Lot Dimensions: CONDO
  • Rural (Y/N): N
  • Special Assessments: U
  • Zero Lot Line: No

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: 6157
  • Tax Year: 2023
  • Tax Exemptions: Homeowner,Senior

Multi Family

  • Units in Building: 2

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2025 03/14/25 Sold $325,000 +6.6% $171 / Sq Ft
02/28/2025 02/28/25 Pending -- -- --
02/26/2025 02/26/25 For Sale $305,000 -- $160 / Sq Ft
Source: Midwest Real Estate Data (MRED)

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
2023 $6,157 $79,280 $25,850 $53,430
2022 $5,714 $73,140 $23,850 $49,290
2021 $5,557 $71,700 $23,380 $48,320
2020 $5,312 $68,940 $22,480 $46,460
2019 $5,121 $67,520 $22,020 $45,500
2018 $4,990 $66,450 $21,670 $44,780
2017 $4,780 $63,900 $20,840 $43,060
2016 $4,266 $62,580 $20,410 $42,170
2015 $4,282 $61,470 $20,050 $41,420
2014 $4,246 $61,470 $20,050 $41,420
2013 $4,208 $61,470 $20,050 $41,420
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $325,000 None Listed On Document
Warranty Deed $192,500 None Available
Interfamily Deed Transfer -- None Available
Source: Public Records

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Source: Midwest Real Estate Data (MRED)

MLS Number: 12292370

Midwest Real Estate Data (MRED)

APN: 45-20-23-103-021