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1405 Fairlawn Dr

Urbana, IL 61801

3 bd 1 ba 1,300 sqft Built 1959 Lot 6,098 sqft single_family
Most recent sale
$145,500
Apr 14, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 14, 2022 Sold $145,500 MLS #11336495
Mar 12, 2022 Listed $140,000 MLS #11336495
Oct 22, 1997 Sold $40,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $39,180 $12,490 $51,670 $4,418
2023 $37,030 $11,810 $48,840 $4,102
2022 $31,110 $9,930 $41,040 $3,792
2020 $28,150 $8,980 $37,130 $2,596
2019 $28,150 $8,980 $37,130 $2,521
2018 $28,350 $9,040 $37,390 $2,519
2017 $28,350 $9,040 $37,390 $2,606
2016 $28,350 $9,040 $37,390 $2,592
2015 $28,350 $9,040 $37,390 $2,835
2014 $28,350 $9,040 $37,390 $2,585
2013 $28,350 $9,040 $37,390 $3,074
2012 $28,350 $9,040 $37,390 $2,753
2011 $28,350 $9,040 $37,390 $2,699
2010 $29,360 $9,480 $38,840 $2,619
2009 $29,360 $9,480 $38,840 $2,739
2008 $29,710 $9,370 $39,080 $2,597
2006 $26,350 $8,490 $34,840 $2,449
2005 $23,030 $6,280 $29,310 $2,006

Property facts

Year built
1959
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,300 sqft
Lot size
6,098 sqft
ZIP code
61801
City
Urbana
Street
Fairlawn Dr
Coordinates
40.10216, -88.19155

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
$873
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1405 Fairlawn Dr last sell?
1405 Fairlawn Dr most recently sold on Apr 14, 2022 for $145,500.
What is the current tax assessment for 1405 Fairlawn Dr?
The most recent total assessment for 1405 Fairlawn Dr (year 2024) is $51,670 with $4,418 in property tax.
How does 1405 Fairlawn Dr's assessment compare to its last sale price?
The current assessment is 64.5% below the last sale price of $145,500.
When was 1405 Fairlawn Dr built?
1405 Fairlawn Dr was built in 1959.
How does 1405 Fairlawn Dr compare to others on Fairlawn Dr?
We track 8 other properties on Fairlawn Dr. Browse the list under "Other properties on Fairlawn Dr" to compare beds, baths, and sale history.
What are the property facts for 1405 Fairlawn Dr?
1405 Fairlawn Dr is a 3 bed, 1 bath, 1,300 sqft, 6,098 sqft lot single_family.
Is 1405 Fairlawn Dr a flip candidate?
No — 1405 Fairlawn Dr does not appear in our flips dataset.
Is 1405 Fairlawn Dr a tax-appeal candidate?
No — 1405 Fairlawn Dr 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
+4.5%
Implied 1-yr
+17.9%
2026 Q3
$312.7K
2026 Q4
$323.5K
ZIP 61801 — Median Price History + Forecast

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