See Home Value
Urbana 61802
3408 Memory Lane
$350,000
● House - Off Market

3408 Memory Lane

Urbana, IL 61802
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,566 Ft²
$2,364
Est. Monthly
$8
HOA / Fees
2.52%
Cap Rate

About This Property

Beautifully updated and meticulously maintained ranch-style home with panoramic sunrises. The welcoming entrance leads to a spacious living area with stunning engineered hardwood floors that extend throughout the main living spaces. A marble fireplace with gas logs serves as the room's focal point. The modern kitchen, fully remodeled in 2021, offers both convenience and style with granite countertops, tile backsplash, a Blanco sink, floor-to-ceiling cabinets, and GE profile appliances. The open layout seamlessly connects meal preparation and family interactions. On the opposite end of the home, there's a primary bedroom with a backyard view. The ensuite bath gleams with new waterproof vinyl, light fixtures, mirrors, also vanity countertop, reglazed tub, and fresh paint. Additionally, two updated bedrooms on the first floor share a naturally lit hall bath that was recently renovated. A custom railing leads to the daylight basement, filled with natural light, providing extra space for entertainment and leisure. The generously sized family room can be transformed into a cozy TV room, game room, or versatile area to suit your needs. The fourth bedroom, with ample light, has served as a home office, and there is a full bath. The lower level also houses a laundry and mechanical room, along with extra storage. The property boasts a spacious lot with plenty of room for outdoor activities, and a well-maintained yard offers a tranquil retreat for relaxation. The neighborhood features walking paths and open spaces. A comprehensive list of updates is available in the attachments. Imagine the possibilities that await you in this home.
Unit Size
1,566 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$224
Property Type
House
Property Taxes
$638
HOA Dues
$8
Year Built
2006

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Last updated: 3 years ago (MRED MLS #11865080)

Price History

Date / Event Date Event Price
Dec 18, 2023 Sold
Sold
Sep 6, 2023 Listed by Coldwell Banker R.E. Group $350,000
Listed by Coldwell Banker R.E. Group
Aug 1, 2019 No longer available -
No longer available
May 8, 2019 Price Decreased $239,900
↓ $5K (2%)
Price Decreased
Apr 7, 2019 Price Decreased $244,900
↓ $3K (1.2%)
Price Decreased
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Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 7
  • Garage Square Area: 700
  • Parking Space Count: 4
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,612
  • Total Building Area: 1,529
  • Building Area: 1,529
  • Building Area Measurement: M

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTH RIDGE SUB VI
  • Land Acres: 0000000221
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 611 SOUTH RIDGE SUB VI

Neighborhood

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

Geography

  • District: 09
  • Parcel: 93-21-28-427-011
  • Lot: 611
  • Meridian: SEC 28 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.0746
  • Longitude: -88.1842

    Address

  • Full Address: 3408 Memory Ln
  • Address - House Number: 3408
  • Address - Street Name: Memory
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Urbana
  • Carrier Code: R004
  • 4-Digit Zip Code: 7174
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $765,392
  • Tax Rate Code Area: 9303

    Appraisal Valuation

  • Standard Deviation: 0.1118
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 88
  • Final Value: 344,494
  • High Value: 383,036
  • Low Value: 305,953

    Market Valuation

  • Market Total Value: $229,860
  • Market Land Value: $44,460
  • Market Improvement Value: $185,400

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $76,620
  • Assessed Land Value: $14,820
  • Assessed Improvements Value: $61,800

    Sales

  • Current Sale Contract Date: Dec 08, 2023
  • Current Sale Recording Date: Dec 20, 2023
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17751
  • Previous Sale Recording Date: Aug 02, 2019
  • Previous Sale Contract Date: Jul 31, 2019
  • Previous Sale Amount: $235,000
  • Previous Sale Document Type: 71
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


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Unit for rent at 1806 S Cottage Grove Avenue, Urbana, IL, 61801

$1,095 /mo

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  • 1 Bath
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1806 S Cottage Grove Avenue #114, Urbana, IL, 61801 Listing by Dominic DiBrizzi


Frequently Asked Questions

When was property at 3408 Memory Lane built and last sold?
The property at 3408 Memory Lane was built in 2006 and last sold on Dec 8, 2023 for $350,000.
How much is this home worth?
The estimated value of the home located at 3408 Memory Lane is $349,465.
What are some comparable homes to 3408 Memory Lane?
There are currently no comparable homes to 3408 Memory Lane.