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707 Elm St

Urbana, IL 61802

2 bd 1 ba 1,027 sqft Built 1951 Lot 7,405 sqft single_family
Most recent sale
$125,000
Jul 26, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 26, 2022 Sold $125,000 MLS #11438499
Jun 23, 2022 Listed $119,900 MLS #11438499
Oct 16, 2012 Sold $86,000 Public Record
Aug 11, 2012 Listing removed $89,900 ChampaignArea
Jul 12, 2012 Price changed $89,900 MLS #2122694
May 30, 2012 Listed $94,900 MLS #2122694
Dec 22, 2006 Sold $84,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $26,300 $10,970 $37,270 $3,014
2023 $24,860 $10,370 $35,230 $2,780
2022 $20,880 $8,710 $29,590 $2,553
2021 $19,460 $8,120 $27,580 $2,329
2020 $18,890 $7,880 $26,770 $2,234
2019 $18,890 $7,880 $26,770 $2,170
2018 $19,020 $7,940 $26,960 $2,165
2017 $19,020 $7,940 $26,960 $2,240
2016 $18,290 $7,630 $25,920 $2,117
2015 $18,290 $7,630 $25,920 $2,141
2014 $18,290 $7,630 $25,920 $2,112
2013 $18,290 $7,630 $25,920 $2,084
2012 $18,290 $7,630 $25,920 $1,867
2011 $18,290 $7,630 $25,920 $1,762
2010 $18,870 $7,750 $26,620 $1,751
2009 $18,870 $7,750 $26,620 $1,720
2008 $18,410 $7,650 $26,060 $1,691
2006 $17,320 $7,200 $24,520 $1,602
2005 $18,930 $5,440 $24,370 $1,599

Property facts

Year built
1951
Property type
single_family
Stories
1
Beds
2
Baths
1
Living area
1,027 sqft
Lot size
7,405 sqft
ZIP code
61802
City
Urbana
Street
Elm St
Coordinates
40.11151, -88.19956

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$750
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 707 Elm St last sell?
707 Elm St most recently sold on Jul 26, 2022 for $125,000.
What is the current tax assessment for 707 Elm St?
The most recent total assessment for 707 Elm St (year 2024) is $37,270 with $3,014 in property tax.
How does 707 Elm St's assessment compare to its last sale price?
The current assessment is 70.2% below the last sale price of $125,000.
When was 707 Elm St built?
707 Elm St was built in 1951.
How does 707 Elm St compare to others on Elm St?
We track 8 other properties on Elm St. Browse the list under "Other properties on Elm St" to compare beds, baths, and sale history.
What are the property facts for 707 Elm St?
707 Elm St is a 2 bed, 1 bath, 1,027 sqft, 7,405 sqft lot single_family.
Is 707 Elm St a flip candidate?
No — 707 Elm St does not appear in our flips dataset.
Is 707 Elm St a tax-appeal candidate?
No — 707 Elm St is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+5.6%
Implied 1-yr
+22.3%
2026 Q3
$341.5K
2026 Q4
$355.5K
ZIP 61802 — Median Price History + Forecast

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