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Champaign 61822
2105 Mullikin Drive
$315,000
● House - Off Market

2105 Mullikin Drive

Champaign, IL 61822
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,499 Ft²
$328,784
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

INCREDIBLE HOME WITH MANY EXTRAS! Located in one of South West Champaign's premier neighborhoods, this home is directly across from the neighborhood park, has a fenced in backyard and an inviting West facing screened porch. Perfect for entertaining, this home is wired for surround sound inside and out, has an easy open floor plan, plus there is plenty of room for additional storage in the third car garage or full basement.   Call for your private viewing today.
Unit Size
2,499 Ft²
Days on Market
-
Land Size
-
Price per sqft
$127
Property Type
House
Property Taxes
$633
HOA Dues
-
Year Built
-

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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 #11455097)

Price History

Date / Event Date Event Price
Aug 12, 2022 Sold
Premium
Sold
Jul 5, 2022 Listed by The Real Estate Group,Inc $318,000
Listed by The Real Estate Group,Inc

Property Highlights

Air Conditioning
Fireplace

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: 8,864
  • 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: IRONWOOD 7
  • Land Acres: 0000000203
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 756 IRONWOOD 7

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001205

Geography

  • District: 03
  • Parcel: 03-20-20-422-006
  • Lot: 756
  • Meridian: SEC 20 TWN 19N RNG 08E
  • Municipality: CHAMPAIGN
  • Latitude: 40.0897
  • Longitude: -88.322

    Address

  • Full Address: 2105 Mullikin Dr
  • Address - House Number: 2105
  • Address - Street Name: Mullikin
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R017
  • 4-Digit Zip Code: 9394
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $778,004
  • Tax Rate Code Area: 341

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 369,022
  • High Value: 444,314
  • Low Value: 293,729

    Market Valuation

  • Market Total Value: $268,320
  • Market Land Value: $52,950
  • Market Improvement Value: $215,370

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,440
  • Assessed Land Value: $17,650
  • Assessed Improvements Value: $71,790

    Sales

  • Current Sale Contract Date: Aug 02, 2022
  • Current Sale Recording Date: Aug 12, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15102
  • Previous Sale Recording Date: Dec 05, 2012
  • Previous Sale Contract Date: Nov 30, 2012
  • Previous Sale Amount: $242,000
  • 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:

$246,250

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1983 ft²

Average Home Age

44.3 years

Currently For Sale

167 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: Carol Meinhart, The Real Estate Group,Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11455097
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 2105 Mullikin Drive built and last sold?
The property at 2105 Mullikin Drive was built in and last sold on Aug 2, 2022 for $315,000.
How much is this home worth?
The estimated value of the home located at 2105 Mullikin Drive is $326,738.
What are some comparable homes to 2105 Mullikin Drive?
There are currently no comparable homes to 2105 Mullikin Drive.
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