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707 Iowa St

Urbana, IL 61801

2 bd 2 ba 1,163 sqft Built 1949 single_family
Most recent sale
$200,000
Aug 5, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Feb 6, 2026 Sold $245,000 MRED
Nov 14, 2025 Listed for rent $1,850 MRED
Oct 3, 2025 Price changed $259,900 MRED
Sep 18, 2025 Relisted $269,900 MRED
Aug 19, 2025 Listed $269,900 MRED
Aug 5, 2022 Sold $200,000 MLS #11428045
Jun 8, 2022 Listed $199,900 MLS #11428045
Aug 6, 2013 Sold $149,500 Public Record
Mar 25, 2013 Listing removed $159,900 ChampaignArea
Jan 2, 2013 Relisted $159,900 MLS #2122466
Dec 31, 2012 Listing removed $159,900 ChampaignArea
May 15, 2012 Listed $159,900 MLS #2122466
Mar 12, 2001 Sold $108,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $42,870 $29,760 $72,630 $6,461
2023 $40,520 $28,130 $68,650 $6,024
2022 $34,040 $23,640 $57,680 $5,593
2021 $31,720 $22,030 $53,750 $5,154
2020 $30,800 $21,390 $52,190 $4,968
2019 $30,800 $21,390 $52,190 $4,827
2018 $31,020 $21,540 $52,560 $4,810
2017 $31,020 $21,540 $52,560 $4,976
2016 $29,830 $20,710 $50,540 $4,734
2015 $28,820 $20,010 $48,830 $4,603
2014 $28,820 $20,010 $48,830 $4,540
2013 $29,410 $20,420 $49,830 $5,213
2012 $30,000 $20,420 $50,420 $4,725
2011 $38,010 $20,420 $58,430 $5,169
2010 $38,630 $20,750 $59,380 $5,043
2009 $38,630 $20,750 $59,380 $4,953
2008 $37,930 $19,780 $57,710 $4,746
2006 $34,380 $18,390 $52,770 $4,332
2005 $33,750 $17,140 $50,890 $4,201

Property facts

Year built
1949
Property type
single_family
Stories
1
Beds
2
Baths
2
Living area
1,163 sqft
Lot size
ZIP code
61801
City
Urbana
Street
Iowa St
Coordinates
40.10436, -88.21626

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
$2,093
Gross rental yield
12.56%
Implied cap rate
8.16%
Trend-extrapolated value

Frequently asked questions

When did 707 Iowa St last sell?
707 Iowa St most recently sold on Aug 5, 2022 for $200,000.
What is the current tax assessment for 707 Iowa St?
The most recent total assessment for 707 Iowa St (year 2024) is $72,630 with $6,461 in property tax.
How does 707 Iowa St's assessment compare to its last sale price?
The current assessment is 63.7% below the last sale price of $200,000.
When was 707 Iowa St built?
707 Iowa St was built in 1949.
How does 707 Iowa St compare to others on Iowa St?
We track 8 other properties on Iowa St. Browse the list under "Other properties on Iowa St" to compare beds, baths, and sale history.
What are the property facts for 707 Iowa St?
707 Iowa St is a 2 bed, 2 bath, 1,163 sqft single_family.
Is 707 Iowa St a flip candidate?
No — 707 Iowa St does not appear in our flips dataset.
Is 707 Iowa St a tax-appeal candidate?
No — 707 Iowa 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
+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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