1407 Fairlawn Dr
Urbana, IL 61801
3 bd 1 ba 1,015 sqft Built 1958 Lot 6,098 sqft single_family
Most recent sale
$133,500
Jul 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Jul 18, 2024 | Sold | $167,000 | MRED |
| Jun 24, 2024 | Listed | $159,900 | MRED |
| Jul 29, 2022 | Sold | $133,500 | MLS #11425074 |
| Jun 10, 2022 | Listed | $133,500 | MLS #11425074 |
| Feb 8, 2012 | Sold | $76,800 | Public Record |
| Nov 29, 2011 | Listing removed | $78,900 | ChampaignArea |
| Oct 17, 2011 | Listed | $78,900 | MLS #2114760 |
| Jul 24, 2011 | Listing removed | $98,500 | ChampaignArea |
| Aug 30, 2010 | Listed | $98,500 | MLS #2104287 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $22,730 | $12,490 | $35,220 | $2,814 |
| 2023 | $21,480 | $11,810 | $33,290 | $2,593 |
| 2022 | $18,050 | $9,930 | $27,980 | $2,379 |
| 2021 | $16,820 | $9,250 | $26,070 | $2,166 |
| 2020 | $16,330 | $8,980 | $25,310 | $2,077 |
| 2019 | $16,330 | $8,980 | $25,310 | $2,018 |
| 2018 | $16,450 | $9,040 | $25,490 | $2,014 |
| 2017 | $16,450 | $9,040 | $25,490 | $2,083 |
| 2016 | $16,450 | $9,040 | $25,490 | $2,072 |
| 2015 | $16,450 | $9,040 | $25,490 | $2,094 |
| 2014 | $16,450 | $9,040 | $25,490 | $2,066 |
| 2013 | $16,450 | $9,040 | $25,490 | $2,039 |
| 2012 | $16,450 | $9,040 | $25,490 | $1,826 |
| 2011 | $21,000 | $9,040 | $30,040 | $2,206 |
| 2010 | $19,960 | $9,480 | $29,440 | $1,651 |
| 2009 | $19,960 | $9,480 | $29,440 | $1,621 |
| 2008 | $20,160 | $9,360 | $29,520 | $1,646 |
| 2006 | $18,270 | $8,490 | $26,760 | $1,499 |
| 2005 | $19,450 | $6,280 | $25,730 | $1,463 |
Property facts
Year built
1958
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
1,015 sqft
Lot size
6,098 sqft
ZIP code
61801
City
Urbana
Street
Fairlawn Dr
Coordinates
40.10216, -88.19133
Comparable properties nearby
Block-level micro-comps
Same street, ±3 house numbers, sold in the last 24 monthsInvestment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$801
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1407 Fairlawn Dr last sell?
1407 Fairlawn Dr most recently sold on Jul 29, 2022 for $133,500.
What is the current tax assessment for 1407 Fairlawn Dr?
The most recent total assessment for 1407 Fairlawn Dr (year 2024) is $35,220 with $2,814 in property tax.
How does 1407 Fairlawn Dr's assessment compare to its last sale price?
The current assessment is 73.6% below the last sale price of $133,500.
When was 1407 Fairlawn Dr built?
1407 Fairlawn Dr was built in 1958.
How does 1407 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 1407 Fairlawn Dr?
1407 Fairlawn Dr is a 3 bed, 1 bath, 1,015 sqft, 6,098 sqft lot single_family.
Is 1407 Fairlawn Dr a flip candidate?
Yes — 1407 Fairlawn Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 1407 Fairlawn Dr a tax-appeal candidate?
No — 1407 Fairlawn Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
+4.5%
Implied 1-yr
+17.9%
2026 Q3
$312.7K
2026 Q4
$323.5K
ZIP 61801 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fairlawn Dr