501 Michigan Avenue, Urbana, Illinois 61801

Subdivision > Hubbard Terrace

$509,000

Sold
Status: Closed
Sqft: 2,156
Cost/Sqft: $250
Beds: 4
Baths: 3
Year Built: 1913
Property Taxes: $11,171
Days On Market: 1714
Lot Size: 0,38
Map
Street View

Description

What an absolute stunner located on the brick lined State Streets of Urbana. The home is located amongst some of the most coveted Real Estate Urbana has to offer. Just 1 block away from Carle Park, and approximately 3 blocks from Lincoln Ave and the University of Illinois. A few 100 thousand dollars were placed into the total rehab of this masterpiece. Not a detail was missed, and not a corner was cut. The home features 6 large bedrooms, 3 fully renovated bathrooms, redesigned custom kitchen, and stunning office with wall to wall windows. New concrete Hardie board siding was installed on the exterior with a new matching detached garage. New Pella windows were installed with built-in blinds throughout the entire home. New gourmet kitchen is highlighted with custom cabinetry, high-end soapstone countertops and backsplash, stainless steel farmhouse sink, and double ovens. Not many homes in this area can truly say they have been 100% updated, but this home can back it up. Updates include: Electrical, plumbing, high efficiency tankless water heater, roof, gutters, bathrooms, kitchen, floors, driveway, lighting, insulation, HVAC, garage, windows, siding, all have been completed. Complete list on file. The basement has been retrofitted with egress windows and doors, including 2 bedrooms, a laundry room with double washer and dryer, and a flex room. I can go on and on, this area is historic and lined with some of the most beautiful homes you will see in our city. Lamp post lined sidewalks along with the brick lined streets and amazing landscape make for some of the best scenery to admire when going to all the local conveniences. The State Streets area is attached right next to the East side of the University, and conveniently located just a few blocks South of Carle Hospital. If you want to live in a timeless piece of Real Estate but don't have the time to deal with contractors then this is your home. The amount of money that has been invested into the rehab of this home is your equity and now here for your enjoyment.

Property Specifics

Single Family
Colonial
1913
Full
No
0.38
Champaign
Hubbard Terrace
0 / Not Applicable
None
Public
Public Sewer
11008805
932117376004

Nearby Schools

NAME: DISTRICT: DISTANCE:
Grade School
Leal 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:
23 Jul, 2015 Sold $350,000 MRED MLS
2 Jun, 2015 Under contract $360,000 MRED MLS
23 May, 2015 Listed for sale $360,000 MRED MLS
8 Oct, 2021 Sold $509,000 MRED MLS
23 Aug, 2021 Under contract $539,000 MRED MLS
Last price change $555,000 MRED MLS
3 Mar, 2021 Listed for sale $555,000 MRED MLS

Room Specifics

All Bedroom Info:
Total Bedrooms: 6
Bedrooms Above Ground: 4
Bedrooms Below Ground: 2
Second Bedroom Info:
Dimensions: —
Location: —
Floor Type: Hardwood
Third Bedroom Info:
Dimensions: —
Location: —
Floor Type: Hardwood
Fourth Bedroom Info:
Dimensions: —
Location: —
Floor Type: Hardwood
Fifth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Sixth Bedroom Info:
Dimensions: —
Location: —
Floor Type: —
Bathroom Info:
Full Bathrooms: 3
Partial Bathrooms: 0
Bathroom Amenities: —
Bathroom in Basement: 0
Additional Rooms Info:
Rooms: Bedroom 5,Bedroom 6,Bonus Room,Foyer
Basement: Full
Basement Description: Finished,Egress Window

Other Specifics

2
Concrete Perimeter
Concrete
Patio, Porch, Brick Paver Patio, Fire Pit
85X192.5
Hardwood Floors, First Floor Full Bath, Built-in Features, Walk-In Closet(s)
Range, Microwave, Dishwasher, Refrigerator, Washer, Dryer, Range Hood
Not in DB
Park, Curbs, Sidewalks, Street Lights
Wood Burning

Tax History

Year Property Taxes
2015 $10,031
2021 $11,171

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Listing Provided By

eXp Realty,LLC-Maho