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Champaign 61820 Bolten Field
1716 Park Haven Drive
$279,900
● House - Off Market

1716 Park Haven Drive

Champaign, IL 61820
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,075 Ft²
$1,750
Est. Monthly
5.85%
Cap Rate

About This Property

Great location, close to Hessel Park and U of I. Mid-century ranch with partially finished basement, 3 bedrooms, 2 newly remodeled bathrooms (2024 & 2018), new roof in 2022, new driveway in 2024, freshly painted interior and move-in ready.  Large landscaped and fenced backyard with covered patio and garden shed.  Don't miss this one!
Unit Size
1,075 Ft²
Days on Market
-
Land Size
-
Price per sqft
$260
Property Type
House
Property Taxes
$375
HOA Dues
-
Year Built
1955

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1955
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,770
  • Total Building Area: 1,100
  • Building Area: 1,100
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK HAVEN SUB
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 38 PARK HAVEN SUB

Neighborhood

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

Geography

  • District: 04
  • Parcel: 45-20-24-131-005
  • Lot: 38
  • Meridian: SEC 24 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0951
  • Longitude: -88.2512

    Address

  • Full Address: 1716 Park Haven Dr
  • Address - House Number: 1716
  • Address - Street Name: Park Haven
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C024
  • 4-Digit Zip Code: 7153
  • Zip Code: 61820

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $389,718
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 205,734
  • High Value: 248,362
  • Low Value: 163,106

    Market Valuation

  • Market Total Value: $145,140
  • Market Land Value: $45,540
  • Market Improvement Value: $99,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,380
  • Assessed Land Value: $15,180
  • Assessed Improvements Value: $33,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2018
  • Current Sale Recording Date: May 21, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2018R08092

    Financing

  • First Mortgage Financing Type: UNK
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 Bolten Field

Stats & Trends

Median Asking:

$255,000

Sale Price/ft²

$150

Below Asking

0.01%

Average Days on Market

44

Average Home Size

1781 ft²

Average Home Age

66.9 years

Currently For Sale

11 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

Rentals Near You

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MRED

Listed by: Creg McDonald, Realty Select One
Data Source: MRED, MLS# MRD12389079
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 1716 Park Haven Drive built and last sold?
The property at 1716 Park Haven Drive was built in 1955 and last sold on May 18, 2018 for $140,000.
How much is this home worth?
The estimated value of the home located at 1716 Park Haven Drive is $0.
What are some comparable homes to 1716 Park Haven Drive?
There are currently no comparable homes to 1716 Park Haven Drive.
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