1508 Fairlawn Dr
Urbana, IL 61802
3 bd 2 ba 1,430 sqft Built 1968 Lot 10,454 sqft single_family
Most recent sale
$155,000
Apr 29, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Aug 5, 2024 | Listed | $175,000 | MRED |
| May 3, 2024 | Sold | $175,000 | MRED |
| Apr 29, 2022 | Sold | $155,000 | MLS #11347621 |
| Mar 17, 2022 | Listed | $143,900 | MLS #11347621 |
| Jun 27, 2019 | Sold | $129,000 | MLS #10378334 |
| May 14, 2019 | Listed | $130,000 | MLS #10378334 |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $33,970 | $15,170 | $49,140 | $4,172 |
| 2023 | $32,110 | $14,340 | $46,450 | $3,869 |
| 2022 | $26,980 | $12,040 | $39,020 | $3,574 |
| 2021 | $25,140 | $11,220 | $36,360 | $3,277 |
| 2020 | $23,030 | $10,270 | $33,300 | $2,937 |
| 2019 | $23,030 | $10,270 | $33,300 | $2,852 |
| 2018 | $23,190 | $10,340 | $33,530 | $2,844 |
| 2017 | $23,190 | $10,340 | $33,530 | $2,942 |
| 2016 | $23,190 | $10,340 | $33,530 | $2,926 |
| 2015 | $23,190 | $10,340 | $33,530 | $2,958 |
| 2014 | $23,190 | $10,340 | $33,530 | $2,918 |
| 2013 | $24,410 | $10,880 | $35,290 | $3,064 |
| 2012 | $28,420 | $10,540 | $38,960 | $3,088 |
| 2011 | $28,420 | $10,540 | $38,960 | $2,915 |
| 2010 | $26,590 | $10,740 | $37,330 | $2,660 |
| 2009 | $30,140 | $10,740 | $40,880 | $2,909 |
| 2008 | $29,030 | $8,780 | $37,810 | $2,657 |
| 2006 | $28,100 | $8,490 | $36,590 | $2,603 |
| 2005 | $28,870 | $7,280 | $36,150 | $2,584 |
Property facts
Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,430 sqft
Lot size
10,454 sqft
ZIP code
61802
City
Urbana
Street
Fairlawn Dr
Coordinates
40.10227, -88.18981
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
$930
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value
—
Frequently asked questions
When did 1508 Fairlawn Dr last sell?
1508 Fairlawn Dr most recently sold on Apr 29, 2022 for $155,000.
What is the current tax assessment for 1508 Fairlawn Dr?
The most recent total assessment for 1508 Fairlawn Dr (year 2024) is $49,140 with $4,172 in property tax.
How does 1508 Fairlawn Dr's assessment compare to its last sale price?
The current assessment is 68.3% below the last sale price of $155,000.
When was 1508 Fairlawn Dr built?
1508 Fairlawn Dr was built in 1968.
How does 1508 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 1508 Fairlawn Dr?
1508 Fairlawn Dr is a 3 bed, 2 bath, 1,430 sqft, 10,454 sqft lot single_family.
Is 1508 Fairlawn Dr a flip candidate?
No — 1508 Fairlawn Dr does not appear in our flips dataset.
Is 1508 Fairlawn Dr a tax-appeal candidate?
No — 1508 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
+5.6%
Implied 1-yr
+22.3%
2026 Q3
$341.5K
2026 Q4
$355.5K
ZIP 61802 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Fairlawn Dr