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2007 East Florida Avenue

2007 East Florida Avenue, Urbana, IL 61802
Multifamily in Cunningham
Sold Oct 12, 2023
$103,000
2007 East Florida Avenue has been categorized by the local assessors in Urbana, IL as a residential type of property. The building on the property was first built in 1968 and is 56 years old. Residents will have access to one full bathroom. There is one partial bathroom in the home. The area measurement of the land has been determined as 6,970 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a split level style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 300 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a unknown. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of materials that we aren't sure of. The exterior walls of the building are made of stucco. While the interior walls have been made of plaster. As for the floors, you'll see that the home has flooring throughout. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it 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, 2007 East Florida Avenue sold most recently in Oct 10, 2023 for a total of $103,000. If you work out the math, that's approximately a cost of $105.32 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 $4,724 in taxes each year. 2007 East Florida Avenue was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $43,640. If we break it down further, the land itself was valued at $11,120. Improvements to the property, however, were assessed at a total of $32,520. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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.

Building Features

Exterior

Vinyl Siding

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1968
  • Effective Year Built: 1968
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Split level
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Cover Type: Other
  • Living Units: 1
  • Floor Cover: Wood
  • Basement Area: 0
  • Parking Type: Offsite
  • Garage Type: Garage
  • Garage Square Area: 300
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 978
  • Building Area: 978
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLNWOOD, WELLERS
  • Land Acres: 0.16
  • Standard Land Use Code: Single family residential
  • Legal Description 1: LOT 74 LINCOLNWOOD, WELLERS

Ownership

  • Current Owner : RUI-ESTATE LLC
  • Previous Owner : BURTON HEA GIN
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005601

Geography

  • District: 09
  • Parcel: 92-21-16-480-004
  • Lot: 74
  • Meridian: SEC 16 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.1007
  • Longitude: -88.1827

    Address

  • Full Address: 2007 E Vermont Ave
  • Address - House Number: 2007
  • Street Direction: E
  • Address - Street Name: Vermont
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Urbana
  • Carrier Code: C005
  • 4-Digit Zip Code: 5578
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,724
  • Tax Rate Code Area: 9203

    Appraisal Valuation

  • Standard Deviation: 0.1118
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 88
  • Final Value: 100,541
  • High Value: 111,790
  • Low Value: 89,293

    Market Valuation

  • Market Total Value: $130,920
  • Market Land Value: $33,360
  • Market Improvement Value: $97,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $43,640
  • Assessed Land Value: $11,120
  • Assessed Improvements Value: $32,520

    Sales

  • Current Sale Contract Date: Oct 10, 2023
  • Current Sale Recording Date: Oct 12, 2023
  • Current Sale Transaction ID: 11914772823
  • Current Sale Price: $103,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 14629

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Frequently Asked Questions

What neighborhood is 2007 East Florida Avenue located in?
The 2007 East Florida Avenue is a multifamily located in the neighborhood of Cunningham in Urbana, Urbana.
What is the average sales price for listings in 2007 East Florida Avenue?
The average sales price for units in 2007 East Florida Avenue is $0 currently.

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