Seller's Agent in 2023
Charles Dawson
RE/MAX
(217) 202-9206
2 in this area
36 Total Sales
408 W Illinois St Urbana, IL 61801
West Urbana NeighborhoodEstimated Value: $177,000 - $226,882
5
Beds
2
Baths
1,129
Sq Ft
$176/Sq Ft
Est. Value
About This Home
As of November 2023Located four blocks from campus, this two unit property is currently leased. Unit A for $995 including utilities located on first floor until 21 July 2024. Unit B is vacant with projected rent $1200 including utilities This unit has a finished attic space of approximately 490 sq ft that can only be used for storage according to the City of Urbana. The attic has electric baseboard heat, ample electrical outlets, but no active plumbing. This finished attic was formerly an efficiency apartment, no longer legal with R2 zoning. Cannot be a three unit property. New Central air 2022.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,039
Year Built
- Built in 1895
Lot Details
- 0.8
Home Design
- Frame Construction
- Asphalt Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2-Story Property
- Unfinished Basement
- Basement Fills Entire Space Under The House
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Potential Bedrooms
- 2 Bathrooms
Parking
- 2 Parking Spaces
- Driveway
- Uncovered Parking
- Off-Street Parking
- Parking Included in Price
Schools
- Leal Elementary School
- Urbana Middle School
- Urbana High School
Additional Features
- Lot Dimensions are 50 x 62
- Heating System Uses Natural Gas
Community Details
- 2 Units
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2023
Closed on
Nov 7, 2023
Sold by
Peterson Connor Shawn
Bought by
Eccr Properties Llc
Seller's Agent
Charles Dawson
RE/MAX REALTY ASSOCIATES-CHA
Buyer's Agent
Nate Evans
eXp Realty,LLC-Mahomet
List Price
$160,000
Sold Price
$150,000
Premium/Discount to List
-$10,000
-6.25%
Total Days on Market
173
Views
256
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,971
Avg. Annual Appreciation
21.68%
Original Mortgage
$154,700
Outstanding Balance
$145,850
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$53,121
Purchase Details
Listed on
Mar 15, 2020
Closed on
Jul 16, 2021
Sold by
Klatt George
Bought by
Peterson Connor Shawn William
Seller's Agent
Joe Zalabak
KELLER WILLIAMS-TREC
Buyer's Agent
Charles Dawson
RE/MAX REALTY ASSOCIATES-CHA
List Price
$175,000
Sold Price
$145,000
Premium/Discount to List
-$30,000
-17.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.47%
Original Mortgage
$108,750
Interest Rate
2.93%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 4, 2011
Sold by
Cassel Chad L and Cassel Chad
Bought by
Cassel Lonald and Cassel Rebecca
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2003
Sold by
Dunatov Rasio
Bought by
Cassel Mary G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Eccr Properties Llc | $150,000 | None Listed On Document | |
| Peterson Connor Shawn William | $145,000 | None Available | |
| Cassel Lonald | $192,000 | None Available | |
| Cassel Mary G | $95,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Eccr Properties Llc | $154,700 | |
| Previous Owner | Peterson Connor Shawn William | $108,750 | |
| Previous Owner | Klatt Goorge | $242,080 | |
| Previous Owner | Cassel Lonald | $240,000 | |
| Previous Owner | Cassel Lonald | $134,400 | |
| Previous Owner | Cassel Chad L | $1,623,058 | |
| Previous Owner | Cassel Chad L | $1,400,000 | |
| Previous Owner | Cassel Chad L | $542,400 | |
| Previous Owner | Cassel Mary G | $76,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/15/2023 11/15/23 | Sold | $150,000 | 0.0% | $133 / Sq Ft |
| 10/04/2023 10/04/23 | Pending | -- | -- | -- |
| 10/03/2023 10/03/23 | Off Market | $150,000 | -- | -- |
| 09/10/2023 09/10/23 | Pending | -- | -- | -- |
| 07/29/2023 07/29/23 | For Sale | $160,000 | 0.0% | $142 / Sq Ft |
| 05/23/2023 05/23/23 | Pending | -- | -- | -- |
| 05/16/2023 05/16/23 | Price Changed | $160,000 | -5.9% | $142 / Sq Ft |
| 04/13/2023 04/13/23 | For Sale | $170,000 | +17.2% | $151 / Sq Ft |
| 07/16/2021 07/16/21 | Sold | $145,000 | -3.3% | $128 / Sq Ft |
| 05/27/2021 05/27/21 | Pending | -- | -- | -- |
| 10/29/2020 10/29/20 | Price Changed | $150,000 | -14.3% | $133 / Sq Ft |
| 03/15/2020 03/15/20 | For Sale | $175,000 | -- | $155 / 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 |
|---|---|---|---|---|
| 2023 | $6,445 | $60,590 | $13,360 | $47,230 |
| 2022 | $6,039 | $55,790 | $12,300 | $43,490 |
| 2021 | $5,612 | $51,990 | $11,460 | $40,530 |
| 2020 | $5,430 | $50,480 | $11,130 | $39,350 |
| 2019 | $5,275 | $50,480 | $11,130 | $39,350 |
| 2018 | $6,129 | $59,330 | $11,210 | $48,120 |
| 2017 | $6,341 | $59,330 | $11,210 | $48,120 |
| 2016 | $6,122 | $57,600 | $10,880 | $46,720 |
| 2015 | $5,980 | $57,600 | $10,880 | $46,720 |
| 2014 | $5,900 | $55,650 | $10,510 | $45,140 |
| 2013 | $5,940 | $56,780 | $10,720 | $46,060 |
Source: Public Records
Agents Affiliated with this Home
-
Charles Dawson
-
Nate Evans
Buyer's Agent in 2023
Nate Evans
eXp Realty,LLC-Mahomet
(217) 493-9297
36 in this area
1,717 Total Sales
-
Joe Zalabak
Seller's Agent in 2021
Joe Zalabak
KELLER WILLIAMS-TREC
(217) 721-5855
31 in this area
385 Total Sales
Map
Similar Homes in Urbana, IL
Source: Midwest Real Estate Data (MRED)
MLS Number: 11758126
APN: 92-21-17-134-010
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