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Champaign 61821 Devonshire
1528 Branch Drive
$240,000
● House - Off Market

1528 Branch Drive

Champaign, IL 61821
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,337 Ft²
$1,529
Est. Monthly
6.75%
Cap Rate

About This Property

Welcome home to this inviting 4-bedroom, 3-full bath bi-level home with a spacious layout that unfolds over two levels, providing ample space for everyday living or entertaining.  The upper level offers an eat-in kitchen, separate dining room and spacious living room, plus three bedrooms and two full baths. The lower level has a large family room with wood burning fireplace, a fourth bedroom and third full bath, as well as a laundry room.  The fenced backyard has a patio for relaxing, plus mature trees to offer shade and convenient storage shed. Close to U of I campus, Morrissey Park, Barkstall and Bottenfield Elementary schools. Roof and A/C less than 5 years old.
Unit Size
2,337 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$103
Property Type
House
Property Taxes
$350
HOA Dues
-
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 #11937623)

Price History

Date / Event Date Event Price
Mar 7, 2024 Sold
Premium
Sold
Dec 26, 2023 Listed by KELLER WILLIAMS-TREC $240,000
Listed by KELLER WILLIAMS-TREC
Mar 1, 2019 No longer available -
No longer available
Sep 4, 2018 Listed $177,900
Listed
FRESH PAINT THROUGHOUT THE HOME. REPLACEMENT WINDOWS, NEWER CARPET IN THE LIVING ROOM AND DINING ROOM, WOOD BURNING FIREPLACE LOCATED IN LOWER FAMILY ROOM. EAT-IN KITCHEN, FULL VIEW DOORS LEADING TO THE BACKYARD PATIO. NEW ROOF IN MAY 2018. OVERSIZE SHED IN THE BACKYARD. QUICK POSSESSION AVAIABLE The manager has listed the unit size as 2302 square feet.

Property Highlights

Garage
Air Conditioning

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
  • Living Units: 1
  • 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: 9,796
  • 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: BROOKSHIRE 2ND SUB
  • Land Acres: 0000000225
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 39 BROOKSHIRE 2ND SUB

Neighborhood

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

Geography

  • District: 03
  • Parcel: 03-20-23-352-019
  • Lot: 39
  • Meridian: SEC 23 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0863
  • Longitude: -88.2723

    Address

  • Full Address: 1528 Branch Dr
  • Address - House Number: 1528
  • Address - Street Name: Branch
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C054
  • 4-Digit Zip Code: 6463
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $419,954
  • Tax Rate Code Area: 304

    Appraisal Valuation

  • Standard Deviation: 0.116
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 87
  • Final Value: 235,695
  • High Value: 263,055
  • Low Value: 208,335

    Market Valuation

  • Market Total Value: $189,990
  • Market Land Value: $33,780
  • Market Improvement Value: $156,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,330
  • Assessed Land Value: $11,260
  • Assessed Improvements Value: $52,070

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 07, 2024
  • Current Sale Recording Date: Mar 11, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3013
  • Previous Sale Recording Date: Mar 01, 2019
  • Previous Sale Contract Date: Feb 26, 2019
  • Previous Sale Amount: $174,500
  • 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 Devonshire

Stats & Trends

Median Asking:

$195,000

Sale Price/ft²

$146

Below Asking

0.01%

Average Days on Market

57

Average Home Size

1529 ft²

Average Home Age

45.6 years

Currently For Sale

5 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

Unit for rent at 1013 W Daniel Street, Champaign, IL, 61821

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,425 ft²
1013 W Daniel Street, Champaign, IL, 61821 Listing by Creg McDonald

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Katie Ruthstrom, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11937623
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 1528 Branch Drive built and last sold?
The property at 1528 Branch Drive was built in and last sold on Mar 7, 2024 for $240,000.
How much is this home worth?
The estimated value of the home located at 1528 Branch Drive is $0.
What are some comparable homes to 1528 Branch Drive?
There are currently no comparable homes to 1528 Branch Drive.
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