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Champaign 61821 Bolten Field
1304 Theodore Drive
$235,000
● House - Off Market

1304 Theodore Drive

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,655 Ft²
$1,710
Est. Monthly
4.20%
Cap Rate

About This Property

The great location house is priced to sell! This ranch offers three bedrooms with two full baths, updated kitchen, renovated baths and attached two car garage. Close to parks, restaurants, schools, and shopping, with easy access to the University of Illinois!
Unit Size
1,655 Ft²
Days on Market
-
Land Size
-
Price per sqft
$154
Property Type
House
Property Taxes
$458
HOA Dues
-
Year Built
1965

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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: 2 years ago (MRED MLS #12215876)

Price History

Date / Event Date Event Price
Feb 14, 2025 Sold
Premium
Sold
Dec 25, 2024 In contract -
In contract
Nov 28, 2024 Listed by KELLER WILLIAMS-TREC $255,000
Listed by KELLER WILLIAMS-TREC

Property Highlights

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 3
  • 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: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,689
  • Total Building Area: 1,655
  • Building Area: 1,655
  • Building Area Measurement: M

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK TERRACE 4TH SUB
  • Land Acres: 0000000245
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 171 PARK TERRACE 4TH SUB

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001301

Geography

  • District: 04
  • Parcel: 45-20-23-252-011
  • Lot: 171
  • Meridian: SEC 23 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0916
  • Longitude: -88.2669

    Address

  • Full Address: 1304 Theodore Dr
  • Address - House Number: 1304
  • Address - Street Name: Theodore
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C053
  • 4-Digit Zip Code: 6016
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $512,390
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 257,107
  • High Value: 310,380
  • Low Value: 203,835

    Market Valuation

  • Market Total Value: $185,160
  • Market Land Value: $59,940
  • Market Improvement Value: $125,220

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,720
  • Assessed Land Value: $19,980
  • Assessed Improvements Value: $41,740

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 29, 2004
  • Current Sale Recording Date: Dec 07, 2004
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 40
  • Current Sale Input Document Number: 2004R38200
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 Bolten Field

Stats & Trends

Median Asking:

$252,450

Sale Price/ft²

$149

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1825 ft²

Average Home Age

65.4 years

Currently For Sale

11 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: Sherry Qiang, KELLER WILLIAMS-TREC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12215876
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 1304 Theodore Drive built and last sold?
The property at 1304 Theodore Drive was built in 1965 and last sold on Nov 29, 2004 for $100,000.
How much is this home worth?
The estimated value of the home located at 1304 Theodore Drive is $259,567.
What are some comparable homes to 1304 Theodore Drive?
There are currently no comparable homes to 1304 Theodore Drive.
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