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714 West Nevada Street

714 West Nevada Street, Urbana, IL 61801
Multifamily in Cunningham
Local assessors in Urbana, IL have categorized 714 West Nevada Street as a residential type of property. The home was built in 1908 and is 116 years old. The property's lot size has been calculated to be 5,974 square feet. The linear feet between the front and back of the lot was measured at 1,030 ft and the front of the lot was measured at 580 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a duplex style. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a detached garage for those who need a place to park their vehicle. The garage on the property is 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is excellent. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a roof that is made of slate. Lots of stucco were used in the construction of the exterior walls of the home. While the walls in the interior have been made of plaster. As for flooring, was the material of choice during construction. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 714 West Nevada Street sold most recently in Sep 30, 2022 for a total of $34,666. If you work out the math, that's approximately a cost of $21.44 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 $11,123 in taxes each year. 714 West Nevada Street was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $102,760. If we break it down further, the land itself was valued at $20,980. Improvements to the property, however, were assessed at a total of $81,780. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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

Brick Exterior
Stucco Exterior
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20200213
02/13/2020
7 Bed
-
-
$289,000
bedrooms
7 Bed
bathrooms
-
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1908
  • Effective Year Built: 1908
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Excellent
  • Building Quality: C
  • Building Style: Duplex
  • Exterior Walls Type: Stucco
  • Interior Walls Type: Plaster
  • Roof Cover Type: Slate
  • Floor Count: 2
  • Living Units: 2
  • Business/Commerical Units Count: 2
  • Floor Cover: Wood
  • Basement Type: Full basement
  • Basement Area: 0
  • Garage Type: Detached
  • Garage Square Area: 400
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 5,974
  • Lot Size Depth Feet: 1,030
  • Lot Size Frontage Feet: 580
  • Total Building Area: 1,617
  • Building Area: 1,617
  • Building Area Measurement: Building Perimeter

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ELMWOOD ADD
  • Land Acres: 0.137
  • Standard Land Use Code: Residential (general) (single)
  • Legal Description 1: LOT 21 BLOCK 2 ELMWOOD ADD BLKS 2 AND 3, T.S. HUBBARDS

Ownership

  • Current Owner : CL CASSEL LLC
  • Previous Owner : HUNSINGER ENTERPRISES INC
  • 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: 005800

Geography

  • District: 09
  • Parcel: 92-21-17-157-009
  • Block: 2,3
  • Lot: 21
  • Meridian: SEC 17 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.1067
  • Longitude: -88.2173

    Address

  • Full Address: 714 W Nevada St
  • Address - House Number: 714
  • Street Direction: W
  • Address - Street Name: Nevada
  • Address - Suffix Type: St
  • State: IL
  • City Name: Urbana
  • Carrier Code: C036
  • 4-Digit Zip Code: 4447
  • Zip Code: 61801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,123
  • Tax Rate Code Area: 9203

    Appraisal Valuation

  • Standard Deviation: 0.2475
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 65
  • Final Value: 233,100
  • High Value: 290,806
  • Low Value: 175,394

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $260,000
  • First Open Lien Mortgage Lender: FIRST FEDERAL SAVINGS BANK
  • First Open Lien Mortgage Recording Date: Feb 01, 2023
  • First Open Lien Mortgage Loan Amount: $260,000
  • First Open Lien Mortgage Term: 15
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 19, 2024

    Market Valuation

  • Market Total Value: $308,280
  • Market Land Value: $62,940
  • Market Improvement Value: $245,340

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,760
  • Assessed Land Value: $20,980
  • Assessed Improvements Value: $81,780

    Sales

  • Current Sale Contract Date: Sep 30, 2022
  • Current Sale Recording Date: Oct 04, 2022
  • Current Sale Transaction ID: 11896769406
  • Current Sale Price: $34,666
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 18101

About Urbana



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Frequently Asked Questions

What neighborhood is 714 West Nevada Street located in?
The 714 West Nevada Street is a multifamily located in the neighborhood of Cunningham in Urbana, Urbana.
What is the average sales price for listings in 714 West Nevada Street?
The average sales price for units in 714 West Nevada Street is $0 currently.

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