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Champaign 61802
1752 County Road 1850
$411,000
● House - Off Market

1752 County Road 1850

Urbana, IL 61802
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,338 Ft²
$360,503
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

Great opportunity to get in this rural listing at a fantastic price.  Built in 2006, this spacious ranch with full walk out basement offers over 4000 SF of living space!  Main level has vaulted living room, dining room, well appointed kitchen with large pantry.  There's a double sided fireplace between the living room and sunroom.   Basement is finished with kitchen, 2 additional bedrooms, full bath, family room and storage.  Oversized 3 car garage with 1/2 bath, 2 storage buildings, one is heated.  Situated on 3 acres, private well and septic. Home is priced in as-is condition. Needs some cosmetic TLC.  There is a 40 foot  easement along the West side of property for access to the property to the north ( farming purposes only)
Unit Size
2,338 Ft²
Days on Market
-
Land Size
3.00 acres
Price per sqft
$154
Property Type
House
Property Taxes
$851
HOA Dues
-
Year Built
2006

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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 #11776003)

Price History

Date / Event Date Event Price
Jun 29, 2023 Sold
Premium
Sold
May 30, 2023 Listed by Realty Select One $359,900
Listed by Realty Select One

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 6
  • Building Style: 2
  • Exterior Walls Type: 17
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 6
  • Basement Area: 2,148
  • Garage Type: 1
  • Garage Square Area: 945
  • Parking Space Count: 4
  • Patio Type: 79
  • Porch Type: 106
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 130,680
  • Total Building Area: 5,241
  • Gross Building Area: 5,241
  • Building Area: 4,292
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,292
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000003000
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 010604

Geography

  • District: 25
  • Parcel: 25-15-36-200-008
  • Meridian: SEC 36 TWN 20N RNG 09E
  • Municipality: SOMER
  • Latitude: 40.1503
  • Longitude: -88.1335

    Address

  • Full Address: 1752 County Road 1850 N
  • Address - House Number: 1752
  • Street Segment Direction: N
  • Address - Street Name: County Road 1850
  • State: IL
  • City Name: Urbana
  • Carrier Code: R002
  • 4-Digit Zip Code: 9605
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,020,616
  • Tax Rate Code Area: 2502

    Appraisal Valuation

  • Standard Deviation: 0.205
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 451,318
  • High Value: 543,865
  • Low Value: 358,771

    Market Valuation

  • Market Total Value: $393,540
  • Market Land Value: $66,390
  • Market Improvement Value: $327,150

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $131,180
  • Assessed Land Value: $22,130
  • Assessed Improvements Value: $109,050

    Sales

  • Current Sale Contract Date: Jun 29, 2023
  • Current Sale Recording Date: Jul 03, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8868
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:

$254,900

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1990 ft²

Average Home Age

44.2 years

Currently For Sale

425 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

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MRED

Listed by: Creg McDonald, Realty Select One
Last Updated: 3 years ago
Data Source: MRED, MLS# 11776003
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 1752 County Rd 1850 North built and last sold?
The property at 1752 County Rd 1850 North was built in 2006 and last sold on Jun 29, 2023 for $411,000.
How much is this home worth?
The estimated value of the home located at 1752 County Rd 1850 North is $0.
What are some comparable homes to 1752 County Rd 1850 North?
There are currently no comparable homes to 1752 County Rd 1850 North.
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