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1603 Fairlawn Dr

Urbana, IL 61802

3 bd 2 ba 1,254 sqft Built 2004 single_family
Most recent sale
$152,500
Aug 16, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 16, 2022 Sold $152,500 MLS #11445654
Jun 24, 2022 Listed $152,500 MLS #11445654
May 30, 2017 Sold $121,500 MLS #09563421
Mar 21, 2017 Listed $125,000 MLS #09563421
May 9, 2005 Sold $138,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $45,980 $15,170 $61,150 $5,577
2024 $45,980 $15,170 $61,150 $5,342
2023 $43,460 $14,340 $57,800 $4,970
2022 $36,510 $12,040 $48,550 $4,605
2021 $34,030 $11,220 $45,250 $4,237
2020 $31,170 $10,270 $41,440 $3,812
2019 $31,170 $10,270 $41,440 $3,703
2018 $31,390 $10,340 $41,730 $3,691
2017 $31,390 $10,340 $41,730 $3,819
2016 $31,390 $10,340 $41,730 $3,798
2015 $31,390 $10,340 $41,730 $3,302
2014 $31,390 $10,340 $41,730 $3,258
2013 $33,040 $10,880 $43,920 $3,256
2012 $33,550 $10,540 $44,090 $3,010
2011 $33,550 $10,540 $44,090 $2,842
2010 $35,000 $10,740 $45,740 $2,728
2009 $35,000 $10,740 $45,740 $2,679
2008 $34,740 $8,780 $43,520 $2,683
2006 $33,630 $8,490 $42,120 $2,770
2005 $35,920 $7,280 $43,200 $3,415

Property facts

Year built
2004
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,254 sqft
Lot size
ZIP code
61802
City
Urbana
Street
Fairlawn Dr
Coordinates
40.10105, -88.18923

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
$915
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 1603 Fairlawn Dr last sell?
1603 Fairlawn Dr most recently sold on Aug 16, 2022 for $152,500.
What is the current tax assessment for 1603 Fairlawn Dr?
The most recent total assessment for 1603 Fairlawn Dr (year 2025) is $61,150 with $5,577 in property tax.
How does 1603 Fairlawn Dr's assessment compare to its last sale price?
The current assessment is 59.9% below the last sale price of $152,500.
When was 1603 Fairlawn Dr built?
1603 Fairlawn Dr was built in 2004.
How does 1603 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 1603 Fairlawn Dr?
1603 Fairlawn Dr is a 3 bed, 2 bath, 1,254 sqft single_family.
Is 1603 Fairlawn Dr a flip candidate?
No — 1603 Fairlawn Dr does not appear in our flips dataset.
Is 1603 Fairlawn Dr a tax-appeal candidate?
No — 1603 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
+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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