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Champaign 61821 Westfield
1302 Westfield Drive
$153,700
● House - Off Market

1302 Westfield Drive

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,025 Ft²
$781
Est. Monthly
10.83%
Cap Rate
Unit Size
1,025 Ft²
Days on Market
-
Land Size
-
Price per sqft
$135
Property Type
House
Property Taxes
$100
HOA Dues
-
Year Built
1959

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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.

Last updated: 3 years ago (MRED MLS #11996588)

Price History

Date / Event Date Event Price
Apr 2, 2024 Sold
Premium
Sold
Mar 7, 2024 Listed by LANDMARK REAL ESTATE $138,500
Listed by LANDMARK REAL ESTATE

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • 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: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 384
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,168
  • Total Building Area: 1,025
  • Building Area: 1,025
  • 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 HOLIDAY PARK 2ND SEC.
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 71 WELLERS HOLIDAY PARK 2ND SEC.

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001201

Geography

  • District: 04
  • Parcel: 44-20-15-379-002
  • Lot: 71
  • Meridian: SEC 15 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1013
  • Longitude: -88.2896

    Address

  • Full Address: 1302 Westfield Dr
  • Address - House Number: 1302
  • Address - Street Name: Westfield
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C060
  • 4-Digit Zip Code: 4725
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $120,190
  • Tax Rate Code Area: 4402

    Appraisal Valuation

  • Standard Deviation: 0.116
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 87
  • Final Value: 134,867
  • High Value: 150,522
  • Low Value: 119,211

    Market Valuation

  • Market Total Value: $57,210
  • Market Land Value: $24,840
  • Market Improvement Value: $32,370

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $19,070
  • Assessed Land Value: $8,280
  • Assessed Improvements Value: $10,790

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2020
  • Current Sale Recording Date: Mar 05, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2020R03513
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 Westfield

Stats & Trends

Median Asking:

$164,900

Sale Price/ft²

$127

Below Asking

0.13%

Average Days on Market

86

Average Home Size

1346 ft²

Average Home Age

67 years

Currently For Sale

1 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

Rentals Near You

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MRED

Listed by: Rose Price, LANDMARK REAL ESTATE
Last Updated: 3 years ago
Data Source: MRED, MLS# 11996588
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 1302 Westfield Drive built and last sold?
The property at 1302 Westfield Drive was built in 1959 and last sold on Feb 28, 2020 for $55,000.
How much is this home worth?
The estimated value of the home located at 1302 Westfield Drive is $141,159.
What are some comparable homes to 1302 Westfield Drive?
There are currently no comparable homes to 1302 Westfield Drive.
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