1602 Vernon Dr
Urbana, IL 61802
3 bd 2 ba 1,447 sqft Built 2020 Lot 6,500 sqft single_family
Most recent sale
$270,000
Sep 23, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 23, 2022 | Sold | $270,000 | MLS #11379529 |
| Aug 10, 2022 | Price changed | $275,000 | MLS #11379529 |
| May 18, 2022 | Price changed | $289,900 | MLS #11379529 |
| Apr 20, 2022 | Listed | $295,000 | MLS #11379529 |
| Dec 31, 2020 | Sold | $226,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2024 | $85,070 | $18,580 | $103,650 | $7,037 |
| 2023 | $80,410 | $17,560 | $97,970 | $5,172 |
| 2022 | $67,560 | $14,750 | $82,310 | $3,488 |
| 2021 | $62,960 | $13,750 | $76,710 | $1,985 |
| 2020 | — | $100 | $100 | $22 |
| 2019 | — | $100 | $100 | $20 |
| 2018 | — | $100 | $100 | $20 |
| 2017 | — | $100 | $100 | $20 |
| 2016 | — | $100 | $100 | $20 |
| 2015 | — | $100 | $100 | $20 |
| 2014 | — | $100 | $100 | $20 |
| 2013 | — | $100 | $100 | $10 |
| 2012 | — | $100 | $100 | $9 |
| 2011 | — | $100 | $100 | $9 |
| 2010 | — | $100 | $100 | $8 |
Property facts
Year built
2020
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,447 sqft
Lot size
6,500 sqft
ZIP code
61802
City
Urbana
Street
Vernon Dr
Coordinates
40.07490, -88.18836
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
$2,605
Gross rental yield
11.58%
Implied cap rate
7.53%
Trend-extrapolated value
—
Frequently asked questions
When did 1602 Vernon Dr last sell?
1602 Vernon Dr most recently sold on Sep 23, 2022 for $270,000.
What is the current tax assessment for 1602 Vernon Dr?
The most recent total assessment for 1602 Vernon Dr (year 2024) is $103,650 with $7,037 in property tax.
How does 1602 Vernon Dr's assessment compare to its last sale price?
The current assessment is 61.6% below the last sale price of $270,000.
When was 1602 Vernon Dr built?
1602 Vernon Dr was built in 2020.
How does 1602 Vernon Dr compare to others on Vernon Dr?
We track 8 other properties on Vernon Dr. Browse the list under "Other properties on Vernon Dr" to compare beds, baths, and sale history.
What are the property facts for 1602 Vernon Dr?
1602 Vernon Dr is a 3 bed, 2 bath, 1,447 sqft, 6,500 sqft lot single_family.
Is 1602 Vernon Dr a flip candidate?
No — 1602 Vernon Dr does not appear in our flips dataset.
Is 1602 Vernon Dr a tax-appeal candidate?
No — 1602 Vernon 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 Vernon Dr