Sold335d on market
305 E Colorado Ave
Urbana, IL, 61801 • 61801 • Champaign County
$265,000
$147/sqft
4Beds
2Baths
1,805Sqft
0.27 acLot
1954Built
Property DNA
Ranch Style
Built 1954 · 72 years of history
University Downs
61801
Outdoor Living
Deck · Patio · Porch
1 Fireplace
Living Room
Shed(s)
Shed(s)
2-Car Garage
Concrete · Garage Door Opener · On Site · Garage Owned · Attached · Garage
Hardwood Floors
Quality flooring throughout
This home is in high demand
Listed 335 days ago · 9 views · Top 1% likely to sell soon
Market activity
Demand and pricing signals for this listing
9 views
People checking out this listing
335 days on market
Established listing
$147/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 1954
Welcome to 305 E Colorado, Urbana - a beautifully designed Mid-Century Modern home that blends timeless style with thoughtful updates. Featuring 4 bedrooms and 2 full bathrooms, this inviting space boasts vaulted beamed ceilings, rich hardwood floors, and an abundance of natural light. The open-concept layout enhances the home's airy feel, creating the perfect setting for both everyday living and entertaining. At the heart of the living and dining areas, a striking floor-to-ceiling wood-burning stone fireplace serves as a stunning focal point, with the option to convert it back to gas. The kitchen retains its vintage charm while offering modern functionality. Enter outside to a beautifully landscaped backyard, where a shaded deck provides an ideal space for morning coffee or evening gatherings. For gardening enthusiasts, a shed-turned-greenhouse (2024) offers a unique opportunity to cultivate plants year-round. This home has been pre-inspected for buyer peace of mind and includes key updates such as plumbing and electrical upgrades (2024), fresh interior and exterior paint (2024), and an updated bathroom countertop and sink (2024). The furnace and central air are just six years old, with a new AC compressor scheduled for Summer 2024. The roof is estimated to be 12-16 years old, and a radon mitigation system has already been installed. A two-car garage provides ample parking and storage space. The expansive basement adds incredible versatility, featuring a studio/arts & crafts space (the 4th bedroom since it has a door, closet & window), a large laundry room with a utility sink, and generous storage options. Built-in features throughout the home enhance both its character and functionality. Located just two miles from campus, this home offers the perfect blend of style, space, and convenience. Nearby parks, restaurants, grocery stores, pharmacies, and medical facilities ensure easy access to everything you need. Don't miss out on this great opportunity! This stunning Mid-Century Modern gem won't last long!
Standout features identified
Our analysis highlights floor-to-ceiling wood-burning stone fireplace, rich hardwood floors, and vintage charm as key attractions of this home.
Estimated monthly payment
Based on current rates
$1,657/month
Principal & Interest$1,304
Property Tax$265
Insurance$88
Down payment20% ($53,000)
3%50%
Est. 6.24% rate · 30yr fixed · $212,000 loan
Full calculator →At a glance
Key facts and listing details
TypeSingle Family Residence
Year Built1954
HeatingNatural Gas, Forced Air
CoolingCentral Air
Parking2 Attached Garage spaces
Lot0.27 Acres
Property
Home typeSingle Family
Sub-typeSingle Family Residence
StyleRanch
Year built1954
Stories1
Systems
HeatingNatural Gas, Forced Air
CoolingCentral Air
RoofAsphalt
ConstructionWood Siding
Water / SewerPublic / Public Sewer
Parking & Outdoor
ParkingConcrete, Garage Door Opener, On Site, Garage Owned, Attached, Garage
Garage2 spaces
BasementUnfinished,Full
Fireplaces1
Lot0.27 Acres
Location & Tax
Neighborhood61801
Annual tax$6,084
Parcel932120276010
Bathrooms & Fees
Full baths2
Features & details
14 categories of property features
Interior Features
Interior
Cathedral Ceiling(s)
1st Floor Bedroom
1st Floor Full Bath
Built-in Features
Beamed Ceilings
Open Floorplan
Separate Dining Room
Appliances
Range
Refrigerator
Washer
Dryer
Disposal
Humidifier
Flooring
Hardwood
Heating
Natural Gas
Forced Air
Cooling
Central Air
Laundry
In Unit
Sink
Fireplace
Living Room
Accessibility
No Disability Access
Exterior Features
Parking
Concrete
Garage Door Opener
On Site
Garage Owned
Attached
Garage
Construction
Wood Siding
Patio & Porch
Deck
Patio
Porch
Lot Features
Irregular Lot
Mature Trees
Community
Sidewalks
Street Paved
Other Structures
Shed(s)
Room details
19 rooms detailed
Master Bedroom
Main12×12 ft144 sqft
Flooring (Hardwood)
Bedroom2
Main9×12 ft108 sqft
Flooring (Hardwood)
Bedroom3
Main10×12 ft120 sqft
Flooring (Hardwood)
Bedroom4
Basement15×21 ft315 sqft
Flooring (Carpet)
Other
Other
Listing insights
Market data and value estimates
StatusSold
Days on market335
Est. value$300,200
Est. rent$2,634/mo
Tax rate2.17%
Price/sqft$147
On marketApr 2, 2025
PostedApr 2, 2025
Last sold$265,000
MLS statusClosed
MLS updatedMay 8, 2025
Tour days6
Views9
How are the schools in Urbana?
3 schools rated nearby
Location
Urbana, IL, 61801
Price history
15 events
DateEventPrice$/sqftSource
May 7, 2025Sold$265,000$147MRED as distributed by MLS GRID
Apr 7, 2025Pending Sale$239,000$132MRED as distributed by MLS GRID
Apr 2, 2025Listed For Sale$239,000$132MRED as distributed by MLS GRID
Mar 1, 2024Sold$219,000$121MRED as distributed by MLS GRID
Jan 17, 2024Pending Sale$219,900$122Coldwell Banker Real Estate Group
Jan 17, 2024Contingent$219,900$122MRED as distributed by MLS GRID
Jan 14, 2024Listed For Sale$219,900$122MRED as distributed by MLS GRID
Dec 14, 2023Listing Removed$219,900$122Coldwell Banker Real Estate Group
Nov 11, 2023Price Change$219,900$122MRED as distributed by MLS GRID
Oct 25, 2023Listed For Sale$227,500$126MRED as distributed by MLS GRID
Feb 14, 2022Sold$175,000$97Public Record
Dec 21, 2021Contingent$179,900$100MRED as distributed by MLS GRID
Dec 3, 2021Listed For Sale$179,900$100MRED as distributed by MLS GRID
Oct 18, 2021Contingent$179,900$100MRED as distributed by MLS GRID
Oct 12, 2021Listed For Sale$179,900$100MRED as distributed by MLS GRID
Sold$265,000
May 7, 2025•$147/sqft•MRED as distributed by MLS GRID
Pending Sale$239,000
Apr 7, 2025•$132/sqft•MRED as distributed by MLS GRID
Listed For Sale$239,000
Apr 2, 2025•$132/sqft•MRED as distributed by MLS GRID
Sold$219,000
Mar 1, 2024•$121/sqft•MRED as distributed by MLS GRID
Pending Sale$219,900
Jan 17, 2024•$122/sqft•Coldwell Banker Real Estate Group
Contingent$219,900
Jan 17, 2024•$122/sqft•MRED as distributed by MLS GRID
Listed For Sale$219,900
Jan 14, 2024•$122/sqft•MRED as distributed by MLS GRID
Listing Removed$219,900
Dec 14, 2023•$122/sqft•Coldwell Banker Real Estate Group
Price Change$219,900
Nov 11, 2023•$122/sqft•MRED as distributed by MLS GRID
Listed For Sale$227,500
Oct 25, 2023•$126/sqft•MRED as distributed by MLS GRID
Sold$175,000
Feb 14, 2022•$97/sqft•Public Record
Contingent$179,900
Dec 21, 2021•$100/sqft•MRED as distributed by MLS GRID
Listed For Sale$179,900
Dec 3, 2021•$100/sqft•MRED as distributed by MLS GRID
Contingent$179,900
Oct 18, 2021•$100/sqft•MRED as distributed by MLS GRID
Listed For Sale$179,900
Oct 12, 2021•$100/sqft•MRED as distributed by MLS GRID
Tax history
25 years of records
YearTax paidAssessed value
Apr 8, 2024$6,525$69,190
Apr 8, 2023$6,085$63,130
Apr 8, 2022$5,109$58,130
Apr 8, 2021$4,666$54,170
Apr 8, 2020$4,162$49,630
Apr 8, 2019$4,034$49,630
Apr 8, 2018$4,034$49,980
Apr 8, 2017$4,059$48,910
Apr 8, 2016$3,935$47,950
Apr 8, 2015$3,935$47,950
Apr 8, 2014$3,917$47,950
Apr 8, 2013$3,866$47,950
Apr 8, 2012$3,556$47,950
Apr 8, 2011$3,581$47,950
Apr 8, 2010$3,569$51,300
Apr 8, 2009—$52,030
Apr 8, 2008—$52,090
Apr 8, 2007$3,346$51,170
Apr 8, 2006$3,289$48,570
Apr 8, 2005$3,122$45,820
Apr 8, 2004$2,949$44,400
Apr 8, 2003$2,972$41,700
Apr 8, 2002$2,764$37,570
Apr 8, 2001$2,637$36,050
Apr 8, 2000$2,555$35,230
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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