3316 Memory Ln, Urbana, IL 61802
Property image
Property image
OFF MARKET

$405,300

Trulia Estimate
  • 3 Beds
  • 3 Baths
  • 2,003 sqft

3316 Memory Ln, Urbana, IL 61802

Est. Refi. Payment $2,900/mo*
Refinance Your Home
Currently Off Market - Sold Apr 2, 2021 for $305,000

Home Value

Trulia Estimate
$405K
Since last month
Decreased$2K (-0.4%)
Since last year
Increased$14K (+3.6%)
Since last sale
Increased$101K (+33.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +48% in the last 10 years
MonthEstimated value
2026
August 2026$406K
July 2026$408K
June 2026$411K
May 2026$410K
April 2026$406K
March 2026$401K
February 2026$391K
January 2026$392K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1605 E Vernon Dr, Urbana, IL
0.20
Single-Family Home
$370,000
03/31/26
3
3
1,756
1606 E Marc Trl, Urbana, IL
0.20
Single-Family Home
$350,000
11/12/25
3
2
1,963
1907 Silver Hill Dr, Urbana, IL
0.20
Single-Family Home
$299,500
10/10/25
3
2
1,807
1802 Silver Hill Dr, Urbana, IL
0.21
Single-Family Home
$300,000
07/22/26
3
2
1,777
3501 Melissa Ln, Urbana, IL
0.31
Single-Family Home
$375,000
04/16/26
3
2.5
1,725
3204 Ridge Park Rd, Urbana, IL
0.17
Single-Family Home
$400,000
10/29/25
4
3
1,814
3405 Memory Ln, Urbana, IL
0.05
Single-Family Home
$287,450
12/10/25
3
2
1,401
1606 E Vernon Dr, Urbana, IL
0.20
Single-Family Home
$310,000
10/10/25
3
2
1,405
1801 Trails Dr, Urbana, IL
0.09
Single-Family Home
$395,000
06/25/26
5
3.5
2,413
1609 E Horizon Ln, Urbana, IL
0.20
Single-Family Home
$309,000
11/19/25
3
2
1,437

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
3408 Memory Ln, Urbana, IL 61802
0.06
$384,900
4
3
1,566
Off Market
3405 Memory Ln, Urbana, IL 61802
0.05
$287,450
3
2
1,401
Recently Sold
3407 Memory Ln, Urbana, IL 61802
0.07
$300,000
2
2
1,460
Recently Sold
3309 Memory Ln W, Urbana, IL 61802
0.07
$280,900
3
2
1,316
Off Market
3311 Memory Ln E, Urbana, IL 61802
0.07
$296,800
3
2
1,316
Off Market
3411 Memory Ln, Urbana, IL 61802
0.10
$327,100
3
2
1,510
Off Market
3414 Memory Ln, Urbana, IL 61802
0.11
$560,900
5
3.5
2,063
Off Market
3310 Memory Ln, Urbana, IL 61802
0.05
$383,800
4
3
1,551
Off Market
3410 S Myra Ridge Dr, Urbana, IL 61802
0.12
$330,500
2
2
1,400
Off Market
1712 E Horizon Ln, Urbana, IL 61802
0.11
$358,800
3
2
1,850
Off Market
1714 Lexington Dr #1714, Urbana, IL 61802
0.08
$256,400
3
2.5
1,525
Off Market
1711 Lexington Dr, Urbana, IL 61802
0.08
$255,000
2
2
1,354
Off Market

Local Information

  • Map ViewExplore the area around 3316 Memory Ln.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
2009
Living Area
2,003 sqft
Price/Sqft
$202
Parking
Garage

About this House

As soon as you walk in, you will know this is "THE ONE". Schedule your appointment today to tour this beautifully decorated and well maintained ranch home with just over 2000SF of living space, accompanied by another 1500+SF feet in the finished walkout basement. That's over 3500 finished square footage of home for your enjoyment! This home sits on a private street on the SE edge of Urbana atop South Ridge Subdivision with the back of the home facing East, providing breathtaking sun rises and open views of the prairie. This open concept floor plan offers tall (9) foot ceilings and soaring cathedral ceilings in the spacious living room. Throughout the home, you will notice custom window treatments, solid wood doors and custom trim work. The chef's kitchen offers up an abundance of cabinet space, stainless steel appliances, a large pantry, and an eating island with a built in sink, all perfect cooking and entertaining. The large master suite also provides the beautiful views and includes a walk in closet, master bath with large whirlpool tub, separate shower and double vanity sinks. The home also offers a central vac system. The finished basement has a plethora of layout possibilities and uses for any homeowner. Currently set up with a large recreation/game room with adjoining sitting room, perfect for gathering of family and friends. There is also a bonus room for a theater or exercise room. Outlets in place in both locations for projector screens. You will also find a fourth bedroom, a half bathroom (which is plumbed for a shower to create another full bathroom) and several other storage options. This home was constructed with IFC (Insulating Concrete Forms) and In-Floor Radiant heat throughout the lower level, all providing a super quiet and efficient home. Outside you will find a professionally landscaped lawn, hot tub set up, upper level deck, two concrete patios and a large fenced in yard overlooking the private neighborhood walking/biking path. The home has a new roof (2020) and garage door as well (2020). Welcome to your new "HOME".
3316 Memory Ln, Urbana, IL 61802 is a 3 bedroom, 4 bathroom, 2,003 sqft single-family home built in 2009. It last sold for $305,000 on Apr 2, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $405,300, with a rent estimate of $2,515/month.

Home Details for 3316 Memory Ln

Interior Features

Heating & Cooling
Heating: Forced Air, GasAir ConditioningCooling System: CentralHeating Fuel: Forced Air
Appliances & Utilities
DishwasherDisposalDryerMicrowaveRefrigeratorWasher
Levels, Entrance, & Accessibility
Floors: Carpet, Hardwood, Laminate, Linoleum Vinyl

Exterior Features

Exterior Home Features
Roof: AsphaltExterior: Stone, Stucco
Parking & Garage
GarageParking Spaces: 2Parking: Garage Attached

Property Information

Year Built
Year Built: 2009
Property Type / Style
Property Type: Single Family Home

Lot Information

Lot Area: 9583 sqft

Price and Tax history

DateEventPrice
Apr 2, 2021
Source: MRED as distributed by MLS GRID #10988049
Sold
$305,000
Feb 9, 2021
Source: Agent Provided
Pending
$309,900
Feb 9, 2021
Source: MRED as distributed by MLS GRID #10988049
Contingent
$309,900
Feb 5, 2021
Source: MRED as distributed by MLS GRID #10988049
Listed For Sale
$309,900
Dec 14, 2018
Source: MRED as distributed by MLS GRID #10101384
Sold
$250,000

Market trends in Urbana

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$205K
$3.33KMoM
Sale-to-List Price
99.3%
0.8%MoM
Price per sq ft
$152
$5MoM
Available listings
110
13MoM

Around this home

What Locals Say about Urbana

At least 220 Trulia users voted on each feature.

  • 88 % Say parking is easy

  • 83 % Say it's dog friendly

  • 75 % Say there are sidewalks

  • 72 % Say car is needed

  • 69 % Say yards are well-kept

  • 65 % Say there's holiday spirit

  • 62 % Say kids play outside

  • 58 % Say it's walkable to grocery stores

  • 55 % Say it's walkable to restaurants

  • 54 % Say people would walk alone at night

  • 51 % Say there's wildlife

  • 51 % Say it's quiet

  • 49 % Say neighbors are friendly

  • 48 % Say streets are well-lit

  • 43 % Say they plan to stay for at least 5 years

  • 27 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Mrsec46
    "Everyone is pretty much good people in my neighborhood and we have a good mix of all nationalities "
    0
    Flag
  • Brianna wells
    "Block party’s for the community at the local park. Neighbor will go around and cut long time living home owners yards for them."
    0
    Flag
  • Mrsec46
    "I’ve lived here in this area about 35 years with 5 being here presently in Urbana. This area has predominantly home owners and families. The neighbors are very nice and friendly "
    0
    Flag
  • Jl.jackson1005
    "My commute is often comprised of use of I74. My proximity to the highway makes for ease of use and access to all amenities."
    0
    Flag
  • Keriana Robinson
    "I don’t know what they would want get them something fun for them add some treats in the dog park or anything "
    1
    Flag
  • Laurj
    "We have Occasional block parties, neighborhood holiday party, and we participate in the neighborhood watch group for our city. Each year the police send out a representative to meet with us and give us relevant tips for safety."
    2
    Flag
  • Laurj
    "Our little area is a mix of retirees, empty nesters and young families. People are friendly. We have a neighborhood watch group in place. Children could walk to schools."
    3
    Flag
  • Laurj
    "Neighborhood has easy access to bus services and is within walking distances for schools. Most people do rely on their cars for transportation though."
    0
    Flag
  • Laurj
    "Neighborhood has been changing from older families to younger families with children. Safe area for children to play outside."
    0
    Flag
  • Kristinakblack
    "Nice sidewalks for walking dogs. Nice streetlamps for walking at night. fairly quiet neighborhood. Park nearby with nice trees."
    4
    Flag
  • Mack
    "Very simple. I walk and bike most places. The city needs an upgrade. Some areas have had attention. It feels like the city government should give incentive to people to clean up yards and refurbish houses. Painting programs and community garbage hauling days would be a good start. "
    0
    Flag
  • Kristen
    "There is easy access to public transportation. I drive a vehicle but am also within walkable distance to nearby shops. "
    0
    Flag
  • Cgaddis70
    "Greta! An quiet community . Friendly neighborhood and very little crime . I enjoy living in Urbana !"
    5
    Flag
  • Grhues
    "The email list serve is full of helpful neighborly advice, free plants and good discussions about neighborhood issues. The area trends liberal which I love. "
    0
    Flag
  • Kristinakblack
    "Fairly Quiet area. Lots of people walking their dogs or walking with children riding bikes or pulled in wagons. Park with playground equipment only 3 or 4 blocks away. "
    4
    Flag
  • Dominick W.
    "I drive but Urbana has a great bus system there are the new bikes you pay to ride everywhere in the community Lyft and Uber is Pretty safe here that’s taken over the cab companies out of business because their considered safer and quicker "
    0
    Flag
  • Pamela H.
    "It’s great!!! It’s quiet and there aren’t a lot of people that hang around outside. I can go outside at any time and walk my dog. "
    2
    Flag
  • Kimberly C.
    "there are some wonderful parks here and lots of big beautiful tress that shade the streets, a wonderful library, and a community pool"
    1
    Flag
  • Leekzulu
    "I live less than a mile from my job. I chose to walk however the bus stop is less than 100ft from my front door. "
    0
    Flag
  • Cubschick39
    "It's a quiet neighborhood, great for walking, running, riding bikes. People wave at you when they see you out even if they dont know you. Families and retired people mostly in the community."
    3
    Flag
  • Kdixon1391@yahoo.com
    "Close to a big box store, drug stores, gas stations, but relatively quiet, our street is not busy. Also, well established neighborhood. Not very transient."
    0
    Flag
  • Roseanna B.
    "Lots of parks and nice pathways for dog walking. Very dog active community. "
    0
    Flag
  • K.a3e.garris
    "Dogs and or any pets are not welcome in my direct community unless they are service animals. But there is a dog park less than a mile away for those living in neighborhoods in surrounding areas."
    1
    Flag
  • Jordanducey1129
    "Pretty quiet for the most part. I like all the mature trees and the dog park is just down the road. The park and pool are also within Walking distance."
    0
    Flag
  • Jordanducey1129
    "There is a dog park down the road from where I live and there are very friendly dog owners. It seems like everyone has a dog! This is a very dog-friendly community."
    1
    Flag
  • Renewahl20
    "Good neighborhood for riding bikes. Lots of trees. Buses pick up children to go to school. Neighborhood watch. "
    0
    Flag
  • Jl j.
    "I have lived here for five years and the neighborhood is above average. There are some contingencies I could do without but it’s ok"
    0
    Flag
  • Candace P.
    "There is nothing unique about this neighborhood. I don't really like it. my neighbors are too loud. "
    1
    Flag
  • Jenny F.
    "It’s large mature trees, parks, schools and a laid back vibe, I feel safe walking during the day or night. "
    0
    Flag
  • Jenny F.
    "I’ve lived in Urbana for 40 years and this neighborhood is safe and very kid friendly. Close to stores and gas stations."
    0
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 3316 Memory Ln

  • What is 3316 Memory Ln estimated to be worth?
    Trulia's estimated value for 3316 Memory Ln in Urbana, IL is $405,300.
  • What is the price history for 3316 Memory Ln?
    3316 Memory Ln in Urbana, IL last sold for $305,000 in April 2021.
  • Is Urbana a buyer's or seller's market?
    Urbana is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Urbana?
    The median sale price in Urbana is $205K. That is up $3.33K from the prior month.
  • Does 3316 Memory Ln have air conditioning?
    Yes, 3316 Memory Ln in Urbana, IL has air conditioning.
  • Does 3316 Memory Ln have laundry facilities?
    Yes, 3316 Memory Ln in Urbana, IL has in-unit laundry.

Explore by feature - Pet Friendly

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Explore by feature - Pool

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Explore by feature - Outdoor Space

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Apartments for Rent

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Off Market Homes Near 3316 Memory Ln

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