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Champaign 61822
1503 Wyndemere Point
$265,000
● Land - Off Market

1503 Wyndemere Point

Champaign, IL 61822
bedrooms
Studio
bathrooms
0 Bath
$1,459
Est. Monthly

About This Property

Build your beautiful, dream home in popular SW Champaign.    Overlooking water in this prestigious area.   Located on a cul de sac street with no thru traffic.  Utiliies are to the property.   Just over an Acre of land is perfect for your next home. HOA Fees in 2023 $1200/year
Unit Size
-
Days on Market
-
Land Size
1.02 acres
Price per sqft
-
Property Type
Land
Property Taxes
$10
HOA Dues
-
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: 2 years ago (MRED MLS #11709692)

Price History

Date / Event Date Event Price
Dec 4, 2024 Sold
Premium
Sold
Nov 7, 2024 In contract -
In contract
Jul 18, 2024 Price Decreased $295,000
↓ $15K (4.8%)
Price Decreased
Jan 30, 2023 Listed by Coldwell Banker R.E. Group $310,000
Listed by Coldwell Banker R.E. Group

Property Highlights

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: 44,520
  • 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: V
  • Subdivision: THE TRAILS AT ABBEY FIELDS
  • Land Acres: 0000001000
  • Standard Land Use Code: 8010
  • County Land Use Code: 0032
  • Legal Description 1: LOT 102 THE TRAILS AT ABBEY FIELDS

Neighborhood

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

Geography

  • District: 04
  • Parcel: 44-20-17-379-002
  • Lot: 102
  • Meridian: SEC 17 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1001
  • Longitude: -88.3253

    Address

  • Full Address: 1503 Wyndemere Point Dr
  • Address - House Number: 1503
  • Address - Street Name: Wyndemere Point
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R017
  • 4-Digit Zip Code: 3346
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,138
  • Tax Rate Code Area: 4402

    Market Valuation

  • Market Total Value: $3,960
  • Market Land Value: $3,960

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,320
  • Assessed Land Value: $1,320
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

$163

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1970 ft²

Average Home Age

43.3 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: Stefanie Pratt, Coldwell Banker R.E. Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 11709692
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 1503 Wyndemere Point Drive built and last sold?
The property at 1503 Wyndemere Point Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1503 Wyndemere Point Drive is $0.
What are some comparable homes to 1503 Wyndemere Point Drive?
There are currently no comparable homes to 1503 Wyndemere Point Drive.
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