1301 Ogelthorpe Avenue, Urbana, Illinois 61802
$265,000
|
For Sale
|
|
| Status: | Active |
| Sqft: | 1,388 |
| Cost/Sqft: | $191 |
| Beds: | 3 |
| Baths: | 3 |
| Year Built: | 2023 |
| Property Taxes: | $856 |
| Days On Market: | 7 |
| Lot Size: | 0,00 |
Description
Welcome to 1301 Ogelthorpe Avenue in Savannah Green! Built in 2023, this approximately 1,400-square-foot 3-bedroom, 2.5-bath home offers modern living with an open-concept main level, spacious kitchen, convenient half bath, primary suite with private bath and walk-in closet, two additional bedrooms, second full bath, and second-floor laundry. Enjoy the fully fenced backyard with a six-foot vinyl privacy fence added in November 2025, plus a patio perfect for entertaining or relaxing. The two-car detached garage provides convenient parking and additional storage. A major financial benefit is the home's Think Urbana property-tax abatement. The five-year program provides graduated tax abatements of percentages on the increased value resulting from qualifying new construction. Approximately four years of benefits remain through the 2029 tax year, and the abatement transfers with the property to the new owner. The property's 2025 tax record shows just $856 in property taxes, compared with $4,630 in 2024, demonstrating the significant benefit of the program. Newer construction + private fenced yard + two-car garage + approximately four years of remaining Think Urbana tax benefits = exceptional value for a buyer looking in Urbana.
Property Specifics
| Single Family | |
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| 2023 | |
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| No | |
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| Champaign | |
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| 85 / Annual | |
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| 12740966 | |
| 912115383011 |
Nearby Schools
| NAME: | DISTRICT: | DISTANCE: | |
|---|---|---|---|
|
Grade School
Urbana Elementary School |
116 | — | |
|
Middle School
Urbana Middle School |
116 | Not in DB | |
|
High School
Urbana High School |
116 | Not in DB | |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 29 Mar, 2024 | Sold | $226,900 | MRED MLS |
| 2 Feb, 2024 | Under contract | $226,900 | MRED MLS |
| 25 May, 2023 | Listed for sale | $226,900 | MRED MLS |
| 24 Sep, 2026 | Listed for sale | $265,000 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: —
Other Specifics
| 2 | |
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| — | |
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| 42X119 | |
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| Not in DB | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2024 | $12 |
| 2026 | $856 |
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Listing Provided By
KELLER WILLIAMS-TREC
