When was property at 1507 Wiley Drive built and last sold?

The property at 1507 Wiley Drive was built in 1952 and last sold on Nov 2, 2023 for $120,000.

How much is this home worth?

The estimated value of the home located at 1507 Wiley Drive is $0.

What are some comparable homes to 1507 Wiley Drive?

There are currently no comparable homes to 1507 Wiley Drive.

Urbana

61801

1507 Wiley Drive

$82,000

● House - Off Market

1507 Wiley Drive

Urbana, IL 61801

3 Beds

1 Bath

858 Ft²

$97,615

RealtyHop Estimate

5.53%

Since Dec 1, 2022

National-US

Primary Model

About This Property

Amazing investment opportunity in a quiet Urbana neighborhood, just minutes from U of I and right next to Wiley Elementary! You'll love the layout of this cozy 3BR/1BA ranch home. It has everything you need, including living room, eat-in kitchen, laundry room with storage space and a spacious fenced back yard, offering privacy and shade from mature trees. Location is very convenient, close to Urbana Middle School/High School and public transportation, as well as Downtown Urbana, shopping and restaurants. New roof 2022, Furnace 2021, WH and Sewer line 2018. Tenants currently in place through July 31, 2023.

Unit Size

858 Ft²

Days on Market

Land Size

Price per sqft

$108

Property Type

House

Property Taxes

$133

HOA Dues

Year Built

1952

Payment Calculator

Cap Rate Calculator

Last updated: 3 years ago (MRED MLS #11470171)

Price History

Date / Event	Date	Event
Nov 2, 2023	Sold	Premium
Sold
Aug 24, 2023	Listed by KELLER WILLIAMS-TREC	$128,900
Listed by KELLER WILLIAMS-TREC

	Location! This 3 bedroom ranch backs up to Wiley Grade School and is close to the University of Illinois and bus routes! Comfortable rooms, great natural light, a fenced yard and great curb appeal - all of the boxes are checked! Updates and Upgrades: Roof - 2022, Furnace 2021, Sewer Line 2018, Replacement windows and window blinds. New storm door, kitchen and laundry flooring in 2023 plus much more! This home was also recently inspected.
Nov 1, 2022	Sold	Premium
Sold
Jul 29, 2022	Listed by KELLER WILLIAMS-TREC	$92,500
Listed by KELLER WILLIAMS-TREC

Property Highlights

Building Info

Overview

General

Year Built: 1952

Effective Year Built: 1952
Bedroom Count: 0
Bathroom Count: 1
Full Bathrooms: 1
Partial Bathrooms: 1
Building Condition: 6
Building Quality: 7
Construction Type: 0
Building Style: 0
Exterior Walls Type: 12
Interior Walls Type: 6
Roof Shape Type: 0
Roof Cover Type: 14
Floor Count: 100
Living Units: 1
Floor Cover: 2
Basement Type: 0
Basement Area: 0
Garage Type: 0
Parking Space Count: 0
Patio Type: 0
Porch Type: 0
Pool Type: 0

Dimensions

Lot Size Square Feet: 6,821

Total Building Area: 845
Building Area: 845
Building Area Measurement: M

Heating and Cooling

Air Conditioning: 0

Heating: 3
Heating Fuel Type: 0

Utilities

Sewer System: 0

Water Service: 0

Building

Building Type: 0

Property Class: R
Subdivision: FAIRLAWN PARK 4TH ADD
Land Acres: 0000000157
Standard Land Use Code: 1001
County Land Use Code: 0040
Legal Description 1: LOT 83 FAIRLAWN PARK 4TH ADD

Neighborhood

School District Name: Urbana School District 116

School Tax School District: 101
Census Tract: 005601

Geography

District: 09

Parcel: 92-21-16-352-010
Lot: 83
Meridian: SEC 16 TWN 19N RNG 09E
Municipality: CUNNINGHAM
Latitude: 40.0993
Longitude: -88.1982

Address

Full Address: 1507 Wiley Dr

Address - House Number: 1507
Address - Street Name: Wiley
Address - Suffix Type: Dr
State: IL
City Name: Urbana
Carrier Code: C027
4-Digit Zip Code: 5244
Zip Code: 61801

Valuation

Tax

Tax Year: 2022

Tax Amount: $176,648
Tax Rate Code Area: 9203

Appraisal Valuation

Standard Deviation: 0.1118

Valuation Date: Feb 21, 2024
Confidence Score: 88
Final Value: 123,695
High Value: 137,534
Low Value: 109,856

Open Liens

Total Open Liens:

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Market Valuation

Market Total Value: $66,960

Market Land Value: $29,790
Market Improvement Value: $37,170

Assessments Valuation

Assessed Year: 2022

Assessed Total Value: $22,320
Assessed Land Value: $9,930
Assessed Improvements Value: $12,390

Sales

Current Sale Contract Date: Nov 02, 2023

Current Sale Recording Date: Nov 03, 2023
Current Sale Price:

Premium
Current Sale Document Type: 71
Current Sale Input Document Number: 15800
Previous Sale Recording Date: Nov 17, 2022
Previous Sale Contract Date: Nov 01, 2022
Previous Sale Amount: $82,000
Previous Sale Document Type: 68

Last Sale Mortgage

First Mortgage Lender:

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Previous Mortgages

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Previous Mortgage Transaction Date:

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Data used for valuation calculations is provided by RealtyHop, and other third party sources

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Comparables

About Urbana

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

Average Home Size

1708 ft²

Average Home Age

52.6 years

Currently For Sale

87 Listings

Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1306 E Green Street, Urbana, IL, 61802

$1,900 /mo

4 Beds
2 Baths
1,761 ft²

1306 E Green Street, Urbana, IL, 61802 Listing by Carol Meinhart

Rentals Near You

Click here to view more rentals in the neighborhood.

Listed by: Katie Ruthstrom, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11470171

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

1507 Wiley Drive

About This Property

Price History

Property Highlights

Building Info

Overview

Building

Neighborhood

Geography

Valuation

Comparables

About Urbana

Stats & Trends

Similar Homes for Sale

Nearby Rentals

Frequently Asked Questions