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Urbana 61802
1717 Briarcliff Drive
$150,000
● House - Off Market

1717 Briarcliff Drive

Urbana, IL 61802
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,375 Ft²
$147,311
RealtyHop Estimate
5.30%
Since Mar 1, 2022
National-US
Primary Model

About This Property

Nice brick ranch with attached two car garage and large fenced in yard. Livingroom has floor-to-ceiling stone fireplace and overlooks the sunroom and backyard. Bedrooms are nice sized and right off the hallway.  Kitchen window brings in lots of natural light. Gardening to your hearts content on the full sun half lot on the west side of the house. Garden shed in the backyard is perfect for storing garden tools. Home is handicap accessible. W/C ramp in garage. Roll-in shower in master. Laminate & vinyl floors in most rooms.
Unit Size
1,375 Ft²
Days on Market
-
Land Size
0.45 acres
Price per sqft
$102
Property Type
House
Property Taxes
$256
HOA Dues
-
Year Built
1977

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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 #11284527)

Price History

Date / Event Date Event Price
Feb 3, 2022 Sold
Premium
Sold
Dec 15, 2021 Listed by RE/MAX Choice $139,900
Listed by RE/MAX Choice

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • 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: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 528
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,684
  • Total Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: M

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WHELAN SUB
  • Land Acres: 0000000222
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1 WHELAN SUB

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005601

Geography

  • District: 09
  • Parcel: 92-21-16-461-019
  • Lot: 1
  • Meridian: SEC 16 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.0985
  • Longitude: -88.1868

    Address

  • Full Address: 1717 Briarcliff Dr
  • Address - House Number: 1717
  • Address - Street Name: Briarcliff
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Urbana
  • Carrier Code: C005
  • 4-Digit Zip Code: 5462
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $373,428
  • Tax Rate Code Area: 9203

    Appraisal Valuation

  • Standard Deviation: 0.2433
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 65
  • Final Value: 171,520
  • High Value: 213,258
  • Low Value: 129,782

    Market Valuation

  • Market Total Value: $121,500
  • Market Land Value: $54,090
  • Market Improvement Value: $67,410

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,500
  • Assessed Land Value: $18,030
  • Assessed Improvements Value: $22,470

    Sales

  • Current Sale Contract Date: Feb 01, 2022
  • Current Sale Recording Date: Feb 22, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 3248
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 Urbana

Stats & Trends

Median Asking:

$239,950

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1714 ft²

Average Home Age

52.7 years

Currently For Sale

89 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: Jill Hess, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11284527
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 1717 Briarcliff Drive built and last sold?
The property at 1717 Briarcliff Drive was built in 1977 and last sold on Feb 1, 2022 for $150,000.
How much is this home worth?
The estimated value of the home located at 1717 Briarcliff Drive is $0.
What are some comparable homes to 1717 Briarcliff Drive?
There are currently no comparable homes to 1717 Briarcliff Drive.
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