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$299,000   Price Analysis
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505 S Prospect Ave
Champaign, IL 61820
4 bed 2 bath 1,624 SqFt ($184/SqFt)
8,712SqFt lot. Built 1941
Listed 2024-05-09, Taxes $5,331
Ⓧ USDA Ineligible
due to location

near Champaign

Welcome to 505 S Prospect in Champaign!

We're thrilled to present this stunning property, meticulously transformed to blend luxury with functionality. No detail has been overlooked in this comprehen sive renovation, ensuring a space that dazzles from top to bottom. Step inside and prepare to be amazed by the incredible craftsmanship evident in every corner. From upgraded plumbing to the brand-new kitchen, featuring sleek solid surface countertops that match beauty with durability, every element has been carefully considered. Stainless steel kitchen appliances, a chic subway tile backsplash and added recessed lighting combine to create a culinary haven that invites creativity and joy. But the upgrades don't end there. Brand new floors glisten underfoot, complemented by plush new carpeting in the bedrooms.

Expertly removed trees enhance the landscape, while new windws and doors usher in abundant natural light, infusing the space with warmth and vitality. The bathrooms are a true delight, boasting modern fixtures and finishes that elevate daily routines to moments of indulgence. The addition of a luxurious tub on the second level transforms the property into a serene retreat, complete with a lavish primary ensuite. An egress window was added to the basement giving the opportunity to finish this space and add a fifth bedroom. And with the comfort of a new furnace and air conditioner, you'll stay comfortable and cozy throughout the year. Convenient commuting is assured, thanks to easy access to main streets and public transportation options, facilitating effortless navigation of the city and beyond. Plus, with the University of Illinois Urbana-Champaign a stone's throw away, students, faculty, visitors and staff alike will appreciate the proximity to campus. Don't miss the chance to embrace the charm of old-world elegance in a home that embodies modern comfort and sophistication!


Presented by Kristen L Long at
RE MAX Realty Associates.
Listing Agent Photo

Property MLS #12051735 from MRED

Bedrooms: 4
Bedrooms Possible: 4
Primary Bedroom Dimensions: 21 x 12
Bedroom 2 Dimensions: 15 x 12
Bedroom 3 Dimensions: 12 x 13
Bedroom 4 Dimensions: 12 x 10
Primary Bedroom Level: Second
Bedroom 2 Level: Second
Bedroom 3 Level: Main
Bedroom 4 Level: Main

Total Rooms: 7
Basement Features: Full
Living Room Dimensions: 19 x 14
Basement Sqft: 1219
Living Room Level: Main
Basement Description: Unfinished

Total Bathrooms: 2
Full Bathrooms: 2

Range
Microwave
Dishwasher
Refrigerator
Stainless Steel Appliance(s)

Cooling Features: Central Air
Heating Features: Natural Gas, Forced Air

Dining Area Dimensions: 14 x 12
Dining Area Level: Main
Kitchen Dimensions: 14 x 9
Kitchen Level: Main

Patio

Lot Size Acres: 0.2
Lot Size Dimensions: 132X66
Lot Size Square Feet: 8712

Garage Spaces: 2
Garage Description: Detached
Parking Total: 2

Elementary School: Unit 4 Of Choice
High School: Central High School
High School District: 4

Central High School is a public high school located approximately 0.5 miles away.
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South Side Elementary School is a public elementary school located approximately 0.3 miles away.
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Pavilion Foundation School is a private elementary, middle and high school located approximately 0.5 miles away.
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Edison Middle School is a public middle school located approximately 0.6 miles away.
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Annual Tax Amount: 4268.18
Source Listing Status: Active
County: Champaign
Directions: On Prospect between Green & John
Tax Year: 2023
Ownership: Fee Simple
Source Property Type: Residential
Parcel Number: 432014233011
Township: Champaign
Property Subtype: Detached Single
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2021$51,260 + $12,980
$64,240
$5,331
2020$49,290 + $12,480
$61,770
$5,113
2019$48,280 + $12,220
$60,500
$4,937
2018$47,520 + $12,030
$59,550
$4,818
2017$45,690 + $11,570
$57,260
$4,631
2016$44,750 + $11,330
$56,080
$4,142
2015$43,960 + $11,130
$55,090
$4,165
2014$43,960 + $11,130
$55,090
$4,129
2013$43,960 + $11,130
$55,090
$4,092
2012$44,860 + $11,360
$56,220
$4,026
2011$44,860 + $11,360
$56,220
$3,856
2010$45,870 + $11,610
$57,480
$3,832
2009$45,870 + $11,610
$57,480
$3,768
2008$45,870 + $11,610
$57,480
$3,792
2006$43,070 + $10,900
$53,970
$3,389
2005$39,480 + $9,990
$49,470
$3,141

Listed 2024-05-09
$299,000
MRED
Sold 2023-09-08
$142,000
MRED
Listed 2023-08-04
$132,900
MRED
Listing removed 2010-06-07
$164,900
ChampaignArea
Listed 2009-11-13
$164,900
ChampaignArea
Sold 2001-07-20
$80,000
Public Record

Total Square Feet Living: 1624
Year Built: 1941
Foundation Details: Block
Property Age: 83
Roof: Asphalt
Levels or Stories: 1.5

Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.