Sold1058d on marketHistoric · 123 yrs
506 S Urbana Ave
Urbana, IL, 61801 • 61801 • Champaign County
$195,000
$119/sqft
4Beds
2Baths
1,643Sqft
0.17 acLot
1903Built
Property DNA
Traditional Style
Built 1903 · 123 years of history
Outdoor Living
Patio · Porch
2-Car Garage
Garage Door Opener · On Site · Garage Owned · Detached · Garage
Premium Finishes
Walk-In Closet(s)
This home is in high demand
Listed 1058 days ago · 4 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
4 views
People checking out this listing
1058 days on market
Established listing
$119/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 1903 · Historic
Captivating first impression with so much to offer and situated in Historic Old Urbana the welcoming front porch greets you. Upon entering you will be impressed with all that this four bedroom two bath home has to offer. Comfortable living room and separate dining room make entertaining a real joy. A true favorite of the seller's is the light filled kitchen with an abundance of cabinets and so much prep space for the serious chef. Washer and new dryer are conveniently located on the main level. Finishing off the first floor are two bedrooms and a full bath. On the upper level there is the landing area to hold extras, two bedrooms with nice storage, and the second full bath. The two car garage has been rebuilt including new siding. Oversized fully fenced back yard where morning sunrises can be enjoyed on the newer back patio or gather around the firepit as the evening sets in. The home was totally renovated in 2009 and a list of improvements that the current seller has done can be found in the attachments. The dry cellar is great for storage too. This home is a real gem located in the popular Leal school district. A perfect location for the perfect home where relaxing strolls to the Farmers Market, Lincoln Square Mall, and Urbana Free Library will be enjoyed as the warmer months approach. Welcome Spring!
Standout features identified
Our analysis highlights newer back patio, separate dining room, and new dryer as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,285/month
Principal & Interest$1,025
Property Tax$195
Insurance$65
Down payment20% ($39,000)
3%50%
Est. 6.88% rate · 30yr fixed · $156,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1903
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking2 Garage spaces
Lot7,405 sqft
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleTraditional
Year built1903
Stories2
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
RoofAsphalt
ConstructionOther
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingGarage Door Opener, On Site, Garage Owned, Detached, Garage
Garage2 spaces
BasementUnfinished,Cellar,Partial
FencingFenced
Lot7,405 sqft
Location & Tax
Neighborhood61801
Annual tax$4,391
Parcel922117277003
Bathrooms & Fees
Full baths2
Features & details
10 categories of property features
Interior Features
Interior
1st Floor Bedroom
1st Floor Full Bath
Walk-In Closet(s)
Appliances
Range
Microwave
Dishwasher
Washer
Dryer
Disposal
Range Hood
Heating
Natural Gas
Forced Air
Cooling
Central Air
Laundry
Main Level
In Kitchen
Accessibility
No Disability Access
Exterior Features
Parking
Garage Door Opener
On Site
Garage Owned
Detached
Garage
Construction
Other
Patio & Porch
Patio
Porch
Community
Sidewalks
Street Lights
Street Paved
Room details
19 rooms detailed
Master Bedroom
Main12×12 ft144 sqft
Flooring (Carpet)
Bedroom2
Main12×12 ft144 sqft
Flooring (Carpet)
Bedroom3
Second16×12 ft192 sqft
Flooring (Carpet)
Bedroom4
Second12×9 ft108 sqft
Flooring (Carpet)
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market1058
Est. value$231,300
Est. rent$2,305/mo
Tax rate2.17%
Price/sqft$119
On marketMar 24, 2023
PostedMar 24, 2023
Last sold$195,000
MLS statusClosed
MLS updatedMay 18, 2023
Tour days6
Views4
How are the schools in Urbana?
3 schools rated nearby
Location
Urbana, IL, 61801
Price history
10 events
DateEventPrice$/sqftSource
May 15, 2023Sold$195,000$119MRED as distributed by MLS GRID
Mar 27, 2023Pending Sale$180,000$110MRED as distributed by MLS GRID
Mar 24, 2023Listed For Sale$180,000$110MRED as distributed by MLS GRID
May 24, 2019Sold$140,000$85MRED as distributed by MLS GRID
Apr 17, 2019Pending Sale$144,000$88Coldwell Banker The Real Estate Group
Mar 15, 2019Listed For Sale$144,000$88Coldwell Banker The R.E. Group
Jul 31, 2014Sold$121,500$74Agent Provided
Dec 15, 2009Sold$50,000$30Public Record
Aug 24, 2009Listing Removed$69,900$43Coldwell Banker Devonshire Realty
Aug 1, 2009Listed For Sale$69,900$43Coldwell Banker Devonshire Realty
Sold$195,000
May 15, 2023•$119/sqft•MRED as distributed by MLS GRID
Pending Sale$180,000
Mar 27, 2023•$110/sqft•MRED as distributed by MLS GRID
Listed For Sale$180,000
Mar 24, 2023•$110/sqft•MRED as distributed by MLS GRID
Sold$140,000
May 24, 2019•$85/sqft•MRED as distributed by MLS GRID
Pending Sale$144,000
Apr 17, 2019•$88/sqft•Coldwell Banker The Real Estate Group
Listed For Sale$144,000
Mar 15, 2019•$88/sqft•Coldwell Banker The R.E. Group
Sold$121,500
Jul 31, 2014•$74/sqft•Agent Provided
Sold$50,000
Dec 15, 2009•$30/sqft•Public Record
Listing Removed$69,900
Aug 24, 2009•$43/sqft•Coldwell Banker Devonshire Realty
Listed For Sale$69,900
Aug 1, 2009•$43/sqft•Coldwell Banker Devonshire Realty
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$4,739$51,950
Apr 8, 2023$5,042$47,400
Apr 8, 2022$4,725$43,650
Apr 8, 2021$4,391$40,680
Apr 8, 2020$4,249$39,500
Apr 8, 2019$3,490$39,500
Apr 8, 2018$3,490$39,780
Apr 8, 2017$3,610$39,780
Apr 8, 2016$3,428$38,250
Apr 8, 2015$3,428$38,250
Apr 8, 2014$3,898$36,770
Apr 8, 2013$3,847$36,770
Apr 8, 2012$3,446$36,770
Apr 8, 2011$3,253$36,770
Apr 8, 2010$1,512$37,360
Apr 8, 2009—$17,800
Apr 8, 2008—$36,040
Apr 8, 2007$2,305$35,410
Apr 8, 2006$2,217$32,010
Apr 8, 2005$2,195$31,590
Apr 8, 2004$1,961$30,610
Apr 8, 2003$1,927$27,410
Apr 8, 2002$1,830$24,730
Apr 8, 2001$2,006$23,240
Apr 8, 2000$1,897$22,070
Nearby homes
Neighborhood details
Local context around this listing
Urbana, IL • Champaign County
Nearby neighborhoods
Downtown
Nearby cities
ChampaignHomerMahometRantoulSaint JosephSavoySeymourTolono
Nearby zip codes
61801618026180361874
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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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