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Champaign 61853
1109 S Clapper Court
$369,900
● House - Off Market

1109 S Clapper Court

Mahomet, IL 61853
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,267 Ft²
$2,240
Est. Monthly
$3
HOA / Fees
7.19%
Cap Rate

About This Property

Scenic Mahomet Retreat on 3.5 Acres  This beautiful tri-level home sits on three and a half picturesque acres near Spring Lake, complete with mature timber and a peaceful river view. The location offers the best of both worlds-quiet country living with quick access to town and Mahomet schools.    Inside, you'll find three spacious bedrooms, including a primary suite with its own updated bath, plus another full bath and a half bath. The kitchen has been completely remodeled, and there are updates throughout the home that add comfort and style.    Step outside to enjoy the private above-ground pool, expansive yard, and stunning views in every direction. Whether you're relaxing at home or hosting friends and family, this property offers space, privacy, and a setting you'll fall in love with.
Unit Size
2,267 Ft²
Days on Market
-
Land Size
3.49 acres
Price per sqft
$163
Property Type
House
Property Taxes
$420
HOA Dues
$3
Year Built
1975

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 676
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 151,865
  • Total Building Area: 1,339
  • Building Area: 1,339
  • 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: RIVER OAKS
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 46 RIVER OAKS

Neighborhood

  • School District Name: Mahomet-Seymour Community Unit School District 3
  • School Tax School District: 101
  • Census Tract: 010601

Geography

  • District: 15
  • Parcel: 15-13-20-201-004
  • Lot: 46
  • Meridian: SEC 20 TWN 20N RNG 07E
  • Municipality: MAHOMET
  • Latitude: 40.185
  • Longitude: -88.4357

    Address

  • Full Address: 1109 S Clapper Ct
  • Address - House Number: 1109
  • Street Direction: S
  • Address - Street Name: Clapper
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Mahomet
  • Carrier Code: R005
  • 4-Digit Zip Code: 8956
  • Zip Code: 61853

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $426,638
  • Tax Rate Code Area: 1501

    Appraisal Valuation

  • Standard Deviation: 0.2123
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 292,449
  • High Value: 354,543
  • Low Value: 230,354

    Market Valuation

  • Market Total Value: $196,410
  • Market Land Value: $44,790
  • Market Improvement Value: $151,620

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $65,470
  • Assessed Land Value: $14,930
  • Assessed Improvements Value: $50,540

    Exemptions

  • Homeowner Exemption: Yes
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 Champaign

Stats & Trends

Median Asking:

$257,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1935 ft²

Average Home Age

45.6 years

Currently For Sale

441 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

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MRED

Listed by: Nate Evans, eXp Realty-Mahomet
Data Source: MRED, MLS# MRD12445615
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 1109 South Clapper Drive built and last sold?
The property at 1109 South Clapper Drive was built in 1975 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1109 South Clapper Drive is $0.
What are some comparable homes to 1109 South Clapper Drive?
There are currently no comparable homes to 1109 South Clapper Drive.
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