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Champaign 61822
1205 Glen Abbey Drive
$493,000
● House - Off Market

1205 Glen Abbey Drive

Champaign, IL 61822
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,547 Ft²
$506,751
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Beautiful 5 bed room 3.5 bath with open floor plan. Hardwood flooring on main level, beautiful trim in dining room. The large kitchen is a cooks dream - perfect for everyday living and entertaining. Panty features custom storage space. Owners have added a gorgeous outdoor space with built in grill and smoker, fenced yard. You'll be even more anxious for warm weather to begin enjoying the outdoor living space. Mater closet is  9 x11 and owners have customized the storage. The laundry is on the second floor, the garage has an extra deep storage area. Don't miss this one!
Unit Size
2,547 Ft²
Days on Market
-
Land Size
-
Price per sqft
$196
Property Type
House
Property Taxes
$1,049
HOA Dues
$29
Year Built
-

Payment Calculator

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Cap Rate Calculator

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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: 3 years ago (MRED MLS #11328130)

Price History

Date / Event Date Event Price
Apr 11, 2022 Sold
Premium
Sold
Feb 16, 2022 Listed by The Real Estate Group,Inc $499,900
Listed by The Real Estate Group,Inc

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,422
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

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

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: THE TRAILS AT ABBEY FIELDS PHASE 2
  • Land Acres: 0000000262
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 201 THE TRAILS AT ABBEY FIELDS PHASE 2

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001205

Geography

  • District: 04
  • Parcel: 44-20-17-327-007
  • Lot: 201
  • Meridian: SEC 17 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1039
  • Longitude: -88.3283

    Address

  • Full Address: 1205 Glen Abbey Dr
  • Address - House Number: 1205
  • Address - Street Name: Glen Abbey
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R017
  • 4-Digit Zip Code: 3340
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,289,436
  • Tax Rate Code Area: 4402

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 575,006
  • High Value: 705,722
  • Low Value: 444,290

    Market Valuation

  • Market Total Value: $438,660
  • Market Land Value: $82,470
  • Market Improvement Value: $356,190

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $146,220
  • Assessed Land Value: $27,490
  • Assessed Improvements Value: $118,730

    Sales

  • Current Sale Contract Date: Apr 11, 2022
  • Current Sale Recording Date: Apr 13, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6505
  • Previous Sale Recording Date: May 17, 2016
  • Previous Sale Contract Date: Sep 18, 2014
  • Previous Sale Amount: $403,000
  • Previous Sale Document Type: 69
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:

$245,000

Sale Price/ft²

$162

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2000 ft²

Average Home Age

42.1 years

Currently For Sale

175 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: Marty Carlson, The Real Estate Group,Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11328130
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 1205 Glen Abbey Drive built and last sold?
The property at 1205 Glen Abbey Drive was built in and last sold on Apr 11, 2022 for $493,000.
How much is this home worth?
The estimated value of the home located at 1205 Glen Abbey Drive is $0.
What are some comparable homes to 1205 Glen Abbey Drive?
There are currently no comparable homes to 1205 Glen Abbey Drive.
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