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Champaign 61822
1701 Eagle Road
$435,000
● House - Off Market

1701 Eagle Road

Champaign, IL 61822
bedrooms
4 Beds
bathrooms
4 Baths
square feet
2,263 Ft²
$2,831
Est. Monthly
$19
HOA / Fees
2.70%
Cap Rate

About This Property

This 2-story home in the Liberty on the Lake subdivision sounds incredible! With five spacious bedrooms and four full bathrooms, along with a beautiful open floor plan, granite countertops, and stainless-steel appliances in the kitchen, it offers both functionality and elegance. The sunroom, back patio, and a main living space that flows seamlessly make it perfect for entertaining. The second floor's master suite with cathedral ceilings and a spacious walk-in closet, along with the Jacuzzi and separate shower in the private bath, provide a luxurious retreat. Additionally, the office overlooking the lake offers a serene space for work or relaxation. The finished basement includes a large family room and the fifth bedroom, and it has a full bathroom.
Unit Size
2,263 Ft²
Days on Market
-
Land Size
-
Price per sqft
$188
Property Type
House
Property Taxes
$725
HOA Dues
$19
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 #12000332)

Price History

Date / Event Date Event Price
Apr 30, 2024 Sold
Premium
Sold
Mar 10, 2024 Listed by Coldwell Banker R.E. Group $425,000
Listed by Coldwell Banker R.E. Group

Property Highlights

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: 9,582
  • 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: LIBERTY ON THE LAKE 1 PHASE 2
  • Land Acres: 0000000220
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 254 LIBERTY ON THE LAKE 1 PHASE 2

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001302

Geography

  • District: 04
  • Parcel: 46-20-35-156-001
  • Lot: 254
  • Meridian: SEC 35 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0621
  • Longitude: -88.2742

    Address

  • Full Address: 1701 Eagle Rd
  • Address - House Number: 1701
  • Address - Street Name: Eagle
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Champaign
  • Carrier Code: R002
  • 4-Digit Zip Code: 9697
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $870,476
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 4603

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 72
  • Final Value: 428,893
  • High Value: 516,688
  • Low Value: 341,098

    Market Valuation

  • Market Total Value: $313,230
  • Market Land Value: $53,940
  • Market Improvement Value: $259,290

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,410
  • Assessed Land Value: $17,980
  • Assessed Improvements Value: $86,430

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 31, 2017
  • Current Sale Recording Date: Aug 18, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017R15694
  • Previous Sale Recording Date: Apr 27, 2017
  • Previous Sale Contract Date: Apr 10, 2017
  • Previous Sale Amount: $51,000
  • 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 Champaign

Stats & Trends

Median Asking:

$245,000

Sale Price/ft²

$162

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1973 ft²

Average Home Age

42.6 years

Currently For Sale

179 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: Hazem Jaber, Coldwell Banker R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 12000332
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 1701 Eagle Road built and last sold?
The property at 1701 Eagle Road was built in and last sold on Jul 31, 2017 for $316,500.
How much is this home worth?
The estimated value of the home located at 1701 Eagle Road is $0.
What are some comparable homes to 1701 Eagle Road?
There are currently no comparable homes to 1701 Eagle Road.
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