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2502 Somerset Dr

Urbana, IL 61802

4 bd 3 ba 2,405 sqft single_family
Most recent sale
$174,000
Jul 5, 2007

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 18, 2024 Listed $260,000 MRED
Jul 5, 2007 Sold $174,000 Public Record
Oct 21, 2003 Sold $158,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $58,260 $17,430 $75,690 $6,759
2023 $55,070 $16,470 $71,540 $6,305
2022 $46,270 $13,840 $60,110 $5,856
2021 $43,120 $12,900 $56,020 $5,399
2020 $41,860 $12,520 $54,380 $5,204
2019 $41,860 $12,520 $54,380 $5,055
2018 $42,160 $12,610 $54,770 $5,038
2017 $42,160 $12,610 $54,770 $5,212
2016 $40,540 $12,120 $52,660 $4,959
2015 $40,540 $12,120 $52,660 $5,014
2014 $40,540 $12,120 $52,660 $4,946
2013 $40,540 $12,120 $52,660 $4,881
2012 $46,080 $12,120 $58,200 $4,891
2011 $46,080 $12,120 $58,200 $4,617
2010 $40,250 $8,160 $48,410 $2,869
2009 $40,250 $8,160 $48,410 $2,812
2008 $40,250 $8,160 $48,410 $2,850
2006 $38,870 $7,880 $46,750 $2,770
2005 $37,590 $7,620 $45,210 $2,743

Property facts

Year built
Property type
single_family
Stories
2
Beds
4
Baths
3
Living area
2,405 sqft
Lot size
ZIP code
61802
City
Urbana
Street
Somerset Dr
Coordinates
40.13864, -88.17410

Comparable properties nearby

Frequently asked questions

When did 2502 Somerset Dr last sell?
2502 Somerset Dr most recently sold on Jul 5, 2007 for $174,000.
What is the current tax assessment for 2502 Somerset Dr?
The most recent total assessment for 2502 Somerset Dr (year 2024) is $75,690 with $6,759 in property tax.
How does 2502 Somerset Dr's assessment compare to its last sale price?
The current assessment is 56.5% below the last sale price of $174,000.
When was 2502 Somerset Dr built?
The year built for 2502 Somerset Dr is not in our records.
How does 2502 Somerset Dr compare to others on Somerset Dr?
We track 8 other properties on Somerset Dr. Browse the list under "Other properties on Somerset Dr" to compare beds, baths, and sale history.
What are the property facts for 2502 Somerset Dr?
2502 Somerset Dr is a 4 bed, 3 bath, 2,405 sqft single_family.
Is 2502 Somerset Dr a flip candidate?
No — 2502 Somerset Dr does not appear in our flips dataset.
Is 2502 Somerset Dr a tax-appeal candidate?
No — 2502 Somerset 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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