1504 East Fairlawn Drive

1504 East Fairlawn Drive in Urbana, IL was first built in 1966 and is 58 years old. This has been categorized as a residential property type. It is a single story home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. In total, the area measurement of the land is 10,246 square feet.

Learn more about the property and building on this page. There is a unknown and a unknown. The roof of the home is made of materials that we aren't sure of. For those who need parking, there is a attached garage. The garage is 312 sqft. There is one available parking space. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. While the interior walls are made of plaster. Walk inside and you'll find flooring throughout the home. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1504 East Fairlawn Drive sold most recently in Oct 15, 2018 for a total of $92,500. If you work out the math, that's approximately a cost of $82.89 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $3,849 in taxes each year. 1504 East Fairlawn Drive was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $35,490. If we break it down further, the land itself was valued at $12,040. Improvements to the property, however, were assessed at a total of $23,450. Homeowners who care about taxes, will be happy to see that the property's total assessed value has been marked as less than the total market value. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.