505 East Oregon Street

505 East Oregon Street in Urbana, IL was first built in 1923 and is 101 years old. This has been categorized as a residential property type. There are a total of 2 floors. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. The linear feet across the front of the lot is 550 ft and the linear feet between the front and back of the lot is 960. In total, the area measurement of the land is 5,280 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 detached garage. The garage is 408 sqft. There are a total of 2 available parking spaces. 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. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Mar 10, 2021 for $182,500. That's $184.16 per sqft. Prior to that sales transaction, the property was also sold in Jun 17, 2017 for $174,500. 505 East Oregon Street was last assessed in 2022. The total value of the property was assessed at $55,620. Specifically, the land the property is located on was valued at $10,410. While improvements on the property were assessed at a total of $45,210. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $5,371. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.