For Sale
For Rent
Blog
Property Records
Schools
SEARCH
Property Records
For Sale
For Rent
MORE
Blog
Schools
See Home Value
Urbana 61802
1008 Austin Drive
$121,000
● House - Off Market

1008 Austin Drive

Urbana, IL 61802
bedrooms
3 Beds
bathrooms
1 Bath
square feet
967 Ft²
$746
Est. Monthly
15.52%
Cap Rate

About This Property

Located on a cul-de-sac, this 3 bedroom with an attached 1 car garage features an updated kitchen, bath, flooring, trim, paint, and several new appliances. Roof is newer. Priced to sell quickly!
Unit Size
967 Ft²
Days on Market
-
Land Size
-
Price per sqft
$123
Property Type
House
Property Taxes
$161
HOA Dues
-
Year Built
1979

Payment Calculator

Home Price
Down Payment
%
Loan Term
Interest %

Your Estimated Monthly Payment

Principal + Interest:
Property Tax:
HOA:
Home Insurance:
Mortgage Insurance:

Cap Rate Calculator

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
Income Per Year
Expenses Per Year
Operating Profit Per Year
Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MRED MLS #12147557)

Price History

Date / Event Date Event Price
Nov 12, 2024 Sold
Premium
Sold
Oct 15, 2024 In contract -
In contract
Oct 2, 2024 Price Decreased $119,000
↓ $5K (4%)
Price Decreased
Sep 17, 2024 Price Decreased $124,000
↓ $5K (3.9%)
Price Decreased
Sep 11, 2024 Price Decreased $129,000
↓ $4K (2.9%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 316
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,098
  • Total Building Area: 967
  • Building Area: 967
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WELLERS SCOTTSWOOD MANOR
  • Land Acres: 0000000140
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 65 WELLERS SCOTTSWOOD MANOR

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005601

Geography

  • District: 09
  • Parcel: 92-21-16-402-019
  • Lot: 65
  • Meridian: SEC 16 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.1046
  • Longitude: -88.1873

    Address

  • Full Address: 1008 Austin Dr
  • Address - House Number: 1008
  • Address - Street Name: Austin
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Urbana
  • Carrier Code: C024
  • 4-Digit Zip Code: 5416
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $180,912
  • Tax Rate Code Area: 9203

    Appraisal Valuation

  • Standard Deviation: 0.261
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 67,872
  • High Value: 85,592
  • Low Value: 50,153

    Market Valuation

  • Market Total Value: $49,920
  • Market Land Value: $33,360
  • Market Improvement Value: $16,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $16,640
  • Assessed Land Value: $11,120
  • Assessed Improvements Value: $5,520

    Sales

  • Current Sale Contract Date: Jan 28, 2005
  • Current Sale Recording Date: Jan 31, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005R02821
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Urbana

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1736 ft²

Average Home Age

52 years

Currently For Sale

79 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 1306 E Green Street, Urbana, IL, 61802

$1,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,761 ft²
1306 E Green Street, Urbana, IL, 61802 Listing by Carol Meinhart

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jeremy Brandow, Coldwell Banker R.E. Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 12147557
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1008 Austin Drive built and last sold?
The property at 1008 Austin Drive was built in 1979 and last sold on Jan 28, 2005 for $88,000.
How much is this home worth?
The estimated value of the home located at 1008 Austin Drive is $0.
What are some comparable homes to 1008 Austin Drive?
There are currently no comparable homes to 1008 Austin Drive.
Recent Neighborhood News
Lake House Prices Near NYC in 2026: What Waterfront Actually Costs (Labor Day Buyer's Guide)
9 New York City Seafood and Raw Bars
Why Some NYC Tenement Apartments Had Bathtubs in the Kitchen
The Current Status of iBuying in 2026: What To Know
Popular Searches
Cunningham Homes for Sale
Cunningham Houses for Sale
Cunningham Condos for Sale
Cunningham Townhouses for Sale
Cunningham Multifamily for Sale
Cunningham Land for Sale
Cunningham Commercial for Sale
Cunningham Homes with Basements
Nearby Cities
Champaign Homes for Sale
Urbana Homes for Sale
Savoy Homes for Sale
Tolono Homes for Sale
Philo Homes for Sale
Nearby Property Records
Champaign County, IL Property Records
Piatt County, IL Property Records
Douglas County, IL Property Records
Vermilion County, IL Property Records
Ford County, IL Property Records
Edgar County, IL Property Records
De Witt County, IL Property Records
Coles County, IL Property Records
Neighborhoods
Bolten Field Real Estate
Clark Real Estate
Boulder Ridge Real Estate
Garden Hills Real Estate
Parkland Ridge Real Estate
Sawgrass Real Estate
Ashland Park Real Estate
Pembroke Point Real Estate
Nearby Counties
Champaign City Homes for Sale
Champaign Homes for Sale
Urbana Homes for Sale
Tolono Homes for Sale
Philo Homes for Sale
Hensley Homes for Sale
Somer Homes for Sale
Top Real Estate Agents
Top Agents in Cunningham
Top Agents in Champaign City
Top Agents in Champaign
Top Agents in Urbana
Top Agents in 61822
Top Agents in 61821
Top Agents in 61802
Top Agents in 61801