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Champaign 61822
1605 Mullikin Drive
$523,300
● House - Off Market

1605 Mullikin Drive

Champaign, IL 61822
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,913 Ft²
$612,174
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Exquisite custom built home in Trails at Brittany that has the most amazing lake views! This open floor plan offers an abundance of natural sunlight shining through all the windows and your 2 story grand entrance. Offering 5 bedrooms, 3.5 bathrooms and a full finished basement you will not want to miss this one. Enjoy this dream kitchen with granite countertops, a simple backsplash and a large island with seating. The first floor has you entertaining in your two story living room with large windows, dining room, reading room and a flex room. Lake views all throughout the back of the house. Your finished basement includes a stone wall with a gas fireplace, daylight windows, bar and so much more.
Unit Size
2,913 Ft²
Days on Market
-
Land Size
0.43 acres
Price per sqft
$188
Property Type
House
Property Taxes
$875
HOA Dues
-
Year Built
-

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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: 3 years ago (MRED MLS #11229578)

Price History

Date / Event Date Event Price
Nov 19, 2021 Sold
Premium
Sold
Sep 28, 2021 Listed by KELLER WILLIAMS-TREC $549,000
Listed by KELLER WILLIAMS-TREC

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
  • 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: 18,805
  • 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: TRAILS AT BRITTANY PHASE 6
  • Land Acres: 0000000432
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 634 TRAILS AT BRITTANY PHASE 6

Neighborhood

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

Geography

  • District: 03
  • Parcel: 03-20-20-233-014
  • Lot: 634
  • Meridian: SEC 20 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0979
  • Longitude: -88.3211

    Address

  • Full Address: 1605 Mullikin Dr
  • Address - House Number: 1605
  • Address - Street Name: Mullikin
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R017
  • 4-Digit Zip Code: 8306
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,085,886
  • Tax Rate Code Area: 341

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 538,303
  • High Value: 660,675
  • Low Value: 415,931

    Market Valuation

  • Market Total Value: $367,380
  • Market Land Value: $96,570
  • Market Improvement Value: $270,810

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,460
  • Assessed Land Value: $32,190
  • Assessed Improvements Value: $90,270

    Sales

  • Current Sale Contract Date: Nov 19, 2021
  • Current Sale Recording Date: Dec 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R28651
  • Previous Sale Recording Date: Sep 29, 2005
  • Previous Sale Contract Date: Sep 28, 2005
  • Previous Sale Amount: $365,500
  • Previous Sale Document Type: 20
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

$162

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1989 ft²

Average Home Age

42.3 years

Currently For Sale

174 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 3922 Wild Flower Drive, Champaign, IL, 61822

$3,000 /mo

  • 3 Beds
  • 2 Baths
  • 1,900 ft²
3922 Wild Flower Drive, Champaign, IL, 61822 Listing by Hazem Jaber

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jennifer Snodsmith, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11229578
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 1605 Mullikin Drive built and last sold?
The property at 1605 Mullikin Drive was built in and last sold on Nov 19, 2021 for $523,500.
How much is this home worth?
The estimated value of the home located at 1605 Mullikin Drive is $0.
What are some comparable homes to 1605 Mullikin Drive?
There are currently no comparable homes to 1605 Mullikin Drive.
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