See Home Value
Urbana 61802
3407 Memory Lane
$300,000
● House - Off Market

3407 Memory Lane

Urbana, IL 61802
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,460 Ft²
$1,670
Est. Monthly

About This Property

This beautifully finished and maintained ranch, built in 2022, features 2 spacious bedrooms and 2 full bathrooms, has upgrades at every turn, with an open-concept layout that seamlessly connects the living, dining, and kitchen areas. Inside, you will find 9-foot ceilings and many thoughtful upgrades throughout, including Hunter Douglas blinds in every room, modern upgraded light fixtures, and stylish ceiling fans. Durable Woodura, Swedish engineered hardwood flooring, is three to five times stronger than traditional hardwood, extends through the entire home and enhances this home immensely. The kitchen is a true highlight with upgraded stainless steel appliances, upgraded quartz countertops, a large center island, and a corner pantry for extra storage. The living room features sleek Techline cabinetry, complemented by matching built-ins in the second bedroom, currently used as an office. The spacious primary suite includes a walk-in closet and a private bath with dual vanities and a step-in shower. A stunning den/office with additional Techline cabinetry provides the perfect spot for a home office, reading nook, or hobby space, with direct access to the large custom-designed deck that is perfect for relaxing or entertaining. The laundry room provides space to add a folding counter, and the washer and dryer are only three years old. The oversized two car garage is an added gift with lots of storage space.  The low-maintenance yard is ideal for anyone who loves a high-end home without the upkeep of a large lot.  If you are specifically searching for three bedrooms or a bigger yard, this property may not be a match, but for the right buyers, it's a standout.  Located just minutes from shopping, Carle Clinic, Meadowbrook Park and extensive walking paths, and a variety of local restaurants, this home combines style, convenience, and immense quality, making it the perfect place to call home.
Unit Size
1,460 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$205
Property Type
House
Property Taxes
$197
HOA Dues
-
Year Built
-

Payment Calculator

Cap Rate Calculator

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • 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: 5,663
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE COTTAGES AT SOUTH RIDGE 3
  • Land Acres: 0000000130
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 624B THE COTTAGES AT SOUTH RIDGE 3

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005702

Geography

  • District: 09
  • Parcel: 93-21-28-426-021
  • Lot: 624B
  • Meridian: SEC 28 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.0746
  • Longitude: -88.1847

    Address

  • Full Address: 3407 Memory Ln
  • Address - House Number: 3407
  • Address - Street Name: Memory
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Urbana
  • Carrier Code: R004
  • 4-Digit Zip Code: 7803
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $110,432
  • Tax Rate Code Area: 9303

    Appraisal Valuation

  • Standard Deviation: 0.2682
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 61
  • Final Value: 41,867
  • High Value: 53,099
  • Low Value: 30,635

    Market Valuation

  • Market Total Value: $30,330
  • Market Land Value: $30,000
  • Market Improvement Value: $330

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $10,110
  • Assessed Land Value: $10,000
  • Assessed Improvements Value: $110

    Sales

  • Current Sale Contract Date: May 13, 2022
  • Current Sale Recording Date: May 18, 2022
  • Current Sale Price:
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 8827
  • Previous Sale Recording Date: Nov 30, 2021
  • Previous Sale Contract Date: Nov 17, 2021
  • Previous Sale Amount: $26,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Urbana


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 2209 Grange Circle, Urbana, IL, 61801

$2,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,908 ft²
2209 Grange Circle, Urbana, IL, 61801 Listing by Erica Bales


Frequently Asked Questions

When was property at 3407 Memory Lane built and last sold?
The property at 3407 Memory Lane was built in and last sold on May 13, 2022 for $34,666.
How much is this home worth?
The estimated value of the home located at 3407 Memory Lane is $299,523.
What are some comparable homes to 3407 Memory Lane?
There are currently no comparable homes to 3407 Memory Lane.