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Champaign 61822 Boulder Ridge
1407 Peppermill Lane
$290,000
● House - Off Market

1407 Peppermill Lane

Champaign, IL 61822
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,967 Ft²
$317,583
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

Beautiful 2-story home in desirable Boulder Ridge near Sunset Park. Home features large front porch, 2 story foyer, spacious living and dining with fireplace and built in shelving, large eat-in kitchen with center island and walk-in pantry. Upstairs you will find 3 Bedrooms. Primary suite has walk in closet, double sinks, whirlpool tub and separate shower. Finished basement with 4th bedroom, full bath, family room and bonus room that can serve as a gym or extra storage space. The backyard is fenced in and private with patio. Move right in to this lovely home!
Unit Size
1,967 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$153
Property Type
House
Property Taxes
$492
HOA Dues
$13
Year Built
-

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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 #11672567)

Price History

Date / Event Date Event Price
Jan 20, 2023 Sold
Premium
Sold
Dec 1, 2022 Listed by Coldwell Banker R.E. Group $300,000
Listed by Coldwell Banker R.E. Group

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: 7,218
  • 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: BOULDER RIDGE 5TH SUB
  • Land Acres: 0000000166
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 513 BOULDER RIDGE 5TH SUB

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000902

Geography

  • District: 04
  • Parcel: 41-20-04-356-029
  • Lot: 513
  • Meridian: SEC 04 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1305
  • Longitude: -88.3123

    Address

  • Full Address: 1407 Peppermill Ln
  • Address - House Number: 1407
  • Address - Street Name: Peppermill
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: R016
  • 4-Digit Zip Code: 2054
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $606,556
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2594
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 218,690
  • High Value: 275,421
  • Low Value: 161,959

    Market Valuation

  • Market Total Value: $215,880
  • Market Land Value: $39,300
  • Market Improvement Value: $176,580

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,960
  • Assessed Land Value: $13,100
  • Assessed Improvements Value: $58,860

    Sales

  • Current Sale Contract Date: Jan 20, 2023
  • Current Sale Recording Date: Jan 25, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 1023
  • Previous Sale Recording Date: Jan 12, 2021
  • Previous Sale Contract Date: Dec 23, 2020
  • Previous Sale Amount: $261,000
  • Previous Sale Document Type: 71
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 Boulder Ridge

Stats & Trends

Median Asking:

$284,900

Sale Price/ft²

$169

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1512 ft²

Average Home Age

11.9 years

Currently For Sale

15 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: Alisa Demarco, Coldwell Banker R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11672567
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 1407 Peppermill Lane built and last sold?
The property at 1407 Peppermill Lane was built in and last sold on Jan 20, 2023 for $96,666.
How much is this home worth?
The estimated value of the home located at 1407 Peppermill Lane is $0.
What are some comparable homes to 1407 Peppermill Lane?
There are currently no comparable homes to 1407 Peppermill Lane.
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