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Champaign 61802
202 Spring Circle #0
$176,000
● House - Off Market

202 Spring Circle #0

Urbana, IL 61802
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,546 Ft²
$1,415
Est. Monthly
$229
HOA / Fees

About This Property

Welcome to this charming 3-bedroom, 2-bath condo filled with warmth and character. The living room features a wood-planked cathedral ceiling and a gas log fireplace with a sandstone surround. A large window and generous natural light make the space feel bright and welcoming. The kitchen offers granite countertops, an eat-in breakfast area, and a window overlooking the front porch. The primary suite includes a full bath with a walk-in shower and a walk-in closet, while the second bathroom features a walk-in tub for added convenience. A 2-car attached garage is an absolute delight during cold winters or rainy days. Recent updates include a water heater (2023), furnace (2015), newer carpet, and a newer garage door with openers. This inviting and well-maintained property is move-in ready and waiting for its next owner.
Unit Size
1,546 Ft²
Days on Market
-
Land Size
-
Price per sqft
$116
Property Type
House
Property Taxes
$302
HOA Dues
$229
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.

Property Highlights

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: 1,902
  • 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: COMMONS THREE WILLOWS (WILLOW SPRINGS) C
  • Land Acres: 0000000043
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT PT COMMONS THREE WILLOWS (WILLOW SPRINGS) CONDO PHASE 7

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005401

Geography

  • District: 30
  • Parcel: 30-21-04-384-001
  • Lot: 601
  • Meridian: SEC 04 TWN 19N RNG 09E
  • Municipality: URBANA
  • Latitude: 40.1283
  • Longitude: -88.1956

    Address

  • Full Address: 202 Spring Cir
  • Address - House Number: 202
  • Address - Street Name: Spring
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Urbana
  • Carrier Code: R006
  • 4-Digit Zip Code: 7566
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $279,306
  • Tax Rate Code Area: 3014

    Appraisal Valuation

  • Standard Deviation: 0.2277
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 177,194
  • High Value: 217,552
  • Low Value: 136,837

    Market Valuation

  • Market Total Value: $135,690
  • Market Land Value: $15,360
  • Market Improvement Value: $120,330

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,230
  • Assessed Land Value: $5,120
  • Assessed Improvements Value: $40,110

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 29, 2005
  • Current Sale Recording Date: May 06, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005R12037

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

About Champaign

Stats & Trends

Median Asking:

$255,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1968 ft²

Average Home Age

45.3 years

Currently For Sale

423 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

Unit for rent at 1306 E Green Street, Urbana, IL, 61802

$1,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,761 ft²
1306 E Green Street, Urbana, IL, 61802 Listing by Carol Meinhart

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Rodica Taritsa, KELLER WILLIAMS-TREC
Data Source: MRED, MLS# MRD12518878
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 202 Spring Circle built and last sold?
The property at 202 Spring Circle was built in and last sold on Apr 29, 2005 for $123,500.
How much is this home worth?
The estimated value of the home located at 202 Spring Circle is $185,848.
What are some comparable homes to 202 Spring Circle?
There are currently no comparable homes to 202 Spring Circle.
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