See Home Value
$82,500
● House - Off Market

1508 Marigold Lane

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,073 Ft²
$89,645
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

First time offered, Champaign ranch home with a larger living room & eat-in kitchen, excellent layout and lease history.   Replacement furnace, a/c, water heater, nicer architectural grade roof shingles.   Nice backyard with great shade trees plus an oversized 1.5-car detached garage in popular and central Garden Hills... very close to shopping, restaurants, grocery stores and bus lines.  Written yearly lease in place for instant cash-flow income (now $895 per month).   Attractive investor  price offered, with a G.R.M. of just 8.0!  Cash or pre-approved buyers only please....  call your agent today.
Unit Size
1,073 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$79
Property Type
House
Property Taxes
$131
HOA Dues
-
Year Built
1956

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Last updated: 3 years ago (MRED MLS #11471552)

Price History

Date / Event Date Event Price
Dec 12, 2022 Sold
Sold
Sep 6, 2022 Listed by RE/MAX Choice $84,500
Listed by RE/MAX Choice

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1956
  • Total Rooms: 5
  • 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: 352
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,800
  • Total Building Area: 1,073
  • Building Area: 1,073
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: GARDEN HILLS SUB 1ST PLAT
  • Land Acres: 0000000156
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 100 GARDEN HILLS SUB 1ST PLAT

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000901

Geography

  • District: 04
  • Parcel: 41-20-02-177-011
  • Lot: 100
  • Meridian: SEC 02 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1347
  • Longitude: -88.2704

    Address

  • Full Address: 1508 Marigold Ln
  • Address - House Number: 1508
  • Address - Street Name: Marigold
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: C031
  • 4-Digit Zip Code: 1502
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $162,306
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.1118
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 88
  • Final Value: 79,789
  • High Value: 88,716
  • Low Value: 70,862

    Market Valuation

  • Market Total Value: $70,950
  • Market Land Value: $19,260
  • Market Improvement Value: $51,690

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $23,650
  • Assessed Land Value: $6,420
  • Assessed Improvements Value: $17,230

    Sales

  • Current Sale Contract Date: Jul 05, 2005
  • Current Sale Recording Date: Jul 08, 2005
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005R19203

    Financing

  • First Mortgage Financing Type: VAR
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Garden Hills


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Nearby Rentals

Unit for rent at 502 W John Street, Champaign, IL, 61820

$3,300 /mo

  • 4 Beds
  • 4 Baths
  • 1,994 ft²
502 W John Street, Champaign, IL, 61820 Listing by Erica Bales
Unit for rent at 7 Greencroft Drive, Champaign, IL, 61821

$7,000 /mo

  • 4 Beds
  • 3 Baths
  • 3,123 ft²
7 Greencroft Drive, Champaign, IL, 61821 Listing by Creg McDonald
Unit for rent at 2801 Rachel Road, Champaign, IL, 61822

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
2801 Rachel Road, Champaign, IL, 61822 Listing by Scott Bechtel


Frequently Asked Questions

When was property at 1508 Marigold Lane built and last sold?
The property at 1508 Marigold Lane was built in 1956 and last sold on Jul 5, 2005 for $90,000.
How much is this home worth?
The estimated value of the home located at 1508 Marigold Lane is $0.
What are some comparable homes to 1508 Marigold Lane?
There are currently no comparable homes to 1508 Marigold Lane.