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Champaign 61821
1813 Stratford Drive
$229,500
● House - Off Market

1813 Stratford Drive

Champaign, IL 61821
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,623 Ft²
$234,184
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

This is an amazing and rare opportunity for a conveniently located, beautiful 4 bedroom 2 bathroom tri-level home on a mature, tree lined street. Easy access to restaurants, entertainment, shopping, a bus line and so much more. This open and airy floor plan is lovely. Featuring a spacious and updated kitchen, and comfortable and cozy dual living areas. You will love the outdoor spaces, which include a fully fenced in back yard with fluffy green grass, and a prefect backyard patio for entertaining or quiet star gazing nights. Newer HVAC and water heater, vinyl windows throughout and a very great oversized 2 car garage. This house is ready for you to move right in. What a perfect place to call home.
Unit Size
1,623 Ft²
Days on Market
-
Land Size
-
Price per sqft
$141
Property Type
House
Property Taxes
$200
HOA Dues
-
Year Built
1978

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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 #11388751)

Price History

Date / Event Date Event Price
Jul 20, 2022 Sold
Premium
Sold
Jun 9, 2022 Listed by Live Real Estate Group $228,900
Listed by Live Real Estate Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,887
  • Total Building Area: 1,088
  • Building Area: 1,088
  • 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: STRATFORD PARK NORTH SUB NO 1
  • Land Acres: 0000000204
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 113 STRATFORD PARK NORTH SUB NO 1

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001203

Geography

  • District: 04
  • Parcel: 45-20-22-152-017
  • Lot: 113
  • Meridian: SEC 22 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0942
  • Longitude: -88.2926

    Address

  • Full Address: 1813 Stratford Dr
  • Address - House Number: 1813
  • Address - Street Name: Stratford
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C033
  • 4-Digit Zip Code: 5706
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $258,586
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2559
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 106,315
  • High Value: 133,530
  • Low Value: 79,101

    Market Valuation

  • Market Total Value: $102,360
  • Market Land Value: $34,650
  • Market Improvement Value: $67,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $34,120
  • Assessed Land Value: $11,550
  • Assessed Improvements Value: $22,570

    Sales

  • Current Sale Contract Date: Jul 20, 2022
  • Current Sale Recording Date: Jul 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 13889
  • Previous Sale Recording Date: Apr 24, 2019
  • Previous Sale Contract Date: Apr 18, 2019
  • Previous Sale Amount: $143,500
  • 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

$163

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1985 ft²

Average Home Age

43.8 years

Currently For Sale

170 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: Dionne Clifton, Live Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11388751
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 1813 Stratford Drive built and last sold?
The property at 1813 Stratford Drive was built in 1978 and last sold on Jul 20, 2022 for $34,666.
How much is this home worth?
The estimated value of the home located at 1813 Stratford Drive is $0.
What are some comparable homes to 1813 Stratford Drive?
There are currently no comparable homes to 1813 Stratford Drive.
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