Sold363d on market
1616 E Fairlawn Dr
Urbana, IL, 61802 • 61802 • Champaign County
$254,900
$176/sqft
3Beds
3Baths
1,451Sqft
0.28 acLot
1987Built
Property DNA
2-Car Garage
On Site · Garage Owned · Attached · Garage
This home is in high demand
Listed 363 days ago · 7 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
7 views
People checking out this listing
363 days on market
Established listing
$176/sqft
Price per square foot
Selling Soon Prediction
Very HighThis home ranks in the top 1% of listings most likely to go under contract soon, based on market activity and demand signals.
Likelihood score
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About this home
Single Family · Built 1987
Welcome home to 1616 Fairlawn! This charming ranch-style home sits on a double lot and features a partially finished basement, offering plenty of space and exceptional craftsmanship, lovingly maintained by its original owner. Step onto the inviting front deck and feel right at home. Inside, the spacious kitchen opens to a bright dining area and a living room with soaring vaulted ceilings. Cozy up by the gas fireplace in the living room, perfect for relaxing evenings. The master suite features a full bath and abundant natural light. You'll also appreciate the generous laundry room space, complete with ample cabinetry and counter space. The oversized, heated garage includes a half bath, making it ideal for hobbyists or extra workspace. Downstairs, the partially finished basement offers even more potential, with a kitchen, living area, and a room previously used as a bedroom (note: no egress). Recent updates include a new roof (2020) and a furnace & A/C replacement (2021). With newer flooring throughout the first floor and fresh paint, this home is move-in ready. Don't miss your chance to make 1616 Fairlawn your own!
Standout features identified
Our analysis highlights gas fireplace, partially finished basement, and double lot as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,594/month
Principal & Interest$1,254
Property Tax$255
Insurance$85
Down payment20% ($50,980)
3%50%
Est. 6.24% rate · 30yr fixed · $203,920 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1987
HeatingForced Air
CoolingCentral Air
Parking2 Attached Garage spaces
Lot0.28 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
Year built1987
Stories1
Systems
HeatingForced Air
CoolingCentral Air
ConstructionVinyl Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingOn Site, Garage Owned, Attached, Garage
Garage2 spaces
BasementPartially Finished,Full
Lot0.28 Acres
Location & Tax
Neighborhood61802
Annual tax$2,188
Parcel922116455091
Bathrooms & Fees
Full baths3
Features & details
6 categories of property features
Interior Features
Appliances
Microwave
Refrigerator
Heating
Forced Air
Cooling
Central Air
Accessibility
No Disability Access
Exterior Features
Parking
On Site
Garage Owned
Attached
Garage
Construction
Vinyl Siding
Room details
19 rooms detailed
Master Bedroom
Main15×14 ft210 sqft
Bathroom (Full)
Bedroom2
Main11×11 ft121 sqft
Bedroom3
Main14×11 ft154 sqft
Bedroom4
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market363
Est. value$265,400
Est. rent$1,917/mo
Tax rate2.17%
Price/sqft$176
On marketFeb 11, 2025
PostedFeb 11, 2025
Last sold$254,900
MLS statusClosed
MLS updatedApr 12, 2025
Tour days6
Views7
How are the schools in Urbana?
3 schools rated nearby
Location
Urbana, IL, 61802
Price history
3 events
DateEventPrice$/sqftSource
Apr 9, 2025Sold$254,900$176MRED as distributed by MLS GRID
Feb 18, 2025Contingent$249,900$172MRED as distributed by MLS GRID
Feb 11, 2025Listed For Sale$249,900$172MRED as distributed by MLS GRID
Sold$254,900
Apr 9, 2025•$176/sqft•MRED as distributed by MLS GRID
Contingent$249,900
Feb 18, 2025•$172/sqft•MRED as distributed by MLS GRID
Listed For Sale$249,900
Feb 11, 2025•$172/sqft•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$2,122$71,870
Apr 8, 2023$2,188$65,570
Apr 8, 2022$2,227$60,380
Apr 8, 2021$4,887$56,270
Apr 8, 2020$2,213$51,540
Apr 8, 2019$2,125$51,540
Apr 8, 2018$2,125$51,900
Apr 8, 2017$2,198$51,900
Apr 8, 2016$2,186$51,900
Apr 8, 2015$2,186$51,900
Apr 8, 2014$2,181$51,900
Apr 8, 2013$2,152$54,640
Apr 8, 2012$2,021$54,640
Apr 8, 2011$1,908$61,400
Apr 8, 2010$1,832$62,400
Apr 8, 2009—$64,970
Apr 8, 2008—$61,020
Apr 8, 2007$1,873$59,940
Apr 8, 2006$1,904$59,050
Apr 8, 2005$3,938$55,550
Apr 8, 2004$3,744$53,830
Apr 8, 2003$3,571$50,680
Apr 8, 2002$2,262$46,670
Apr 8, 2001$3,520$46,110
Apr 8, 2000$3,333$44,050
Nearby homes
Neighborhood details
Local context around this listing
Urbana, IL • Champaign County
Nearby neighborhoods
Downtown
Nearby cities
ChampaignHomerMahometRantoulSaint JosephSavoySeymourTolono
Nearby zip codes
61801618026180361874
Similar homes
Based on information submitted to the MLS GRID as of 2026. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. [Click here for more information](/mls-disclaimers/#17)
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