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Savoy 61874
1803 Old Maple Lane
$185,000
● House - Off Market

1803 Old Maple Lane

SAVOY, IL 61874
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,184 Ft²
$297,008
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Sold at List
Unit Size
2,184 Ft²
Days on Market
-
Land Size
-
Price per sqft
$85
Property Type
House
Property Taxes
$308
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 #09585266)

Price History

Date / Event Date Event Price
Jun 8, 2017 Sold
Premium
Sold
Apr 5, 2017 Listed by Coldwell Banker The R.E. Group $185,000
Listed by Coldwell Banker The 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
  • Living Units: 1
  • 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: 9,758
  • 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: ARBOURS SUB NO 11
  • Land Acres: 0000000224
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1113 ARBOURS SUB NO 11

Neighborhood

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

Geography

  • District: 03
  • Parcel: 03-20-25-176-024
  • Lot: 1113
  • Meridian: SEC 25 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0779
  • Longitude: -88.2526

    Address

  • Full Address: 1803 Old Maple Ln
  • Address - House Number: 1803
  • Address - Street Name: Old Maple
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Savoy
  • Carrier Code: R001
  • 4-Digit Zip Code: 9602
  • Zip Code: 61874

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $507,262
  • Tax Rate Code Area: 318

    Appraisal Valuation

  • Standard Deviation: 0.2117
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 280,169
  • High Value: 339,481
  • Low Value: 220,856

    Market Valuation

  • Market Total Value: $204,750
  • Market Land Value: $49,890
  • Market Improvement Value: $154,860

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $68,250
  • Assessed Land Value: $16,630
  • Assessed Improvements Value: $51,620

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 08, 2017
  • Current Sale Recording Date: Jun 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017R10622
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 Savoy

Stats & Trends

Median Asking:

$382,450

Sale Price/ft²

$179

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2383 ft²

Average Home Age

26.4 years

Currently For Sale

17 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: , Coldwell Banker The R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09585266
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 1803 Old Maple Lane built and last sold?
The property at 1803 Old Maple Lane was built in and last sold on Jun 8, 2017 for $189,000.
How much is this home worth?
The estimated value of the home located at 1803 Old Maple Lane is $0.
What are some comparable homes to 1803 Old Maple Lane?
There are currently no comparable homes to 1803 Old Maple Lane.
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