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Champaign 61821 Devonshire
2113 Mayfair Road
$237,000
● House - Off Market

2113 Mayfair Road

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,350 Ft²
$213,796
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

This beautiful and well maintained home is just a couple blocks from Morrisey Park!  The updated interior features hardwood flooring in the living room and kitchen, full master suite, and generous family room with wood burning fireplace.  The back yard features a full privacy fence and lovely patio for summer evenings!
Unit Size
1,350 Ft²
Days on Market
-
Land Size
-
Price per sqft
$159
Property Type
House
Property Taxes
$388
HOA Dues
-
Year Built
1981

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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 #11769598)

Price History

Date / Event Date Event Price
Aug 16, 2023 Sold
Premium
Sold
Apr 27, 2023 Listed by JOEL WARD HOMES, INC $215,000
Listed by JOEL WARD HOMES, INC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,410
  • Total Building Area: 1,348
  • Building Area: 1,348
  • Building Area Measurement: M

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKE DEVONSHIRE SUB NO 2
  • Land Acres: 0000000193
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 172 LAKE DEVONSHIRE SUB NO 2

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001301

Geography

  • District: 04
  • Parcel: 45-20-23-331-013
  • Lot: 172
  • Meridian: SEC 23 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0882
  • Longitude: -88.2694

    Address

  • Full Address: 2113 Mayfair Rd
  • Address - House Number: 2113
  • Address - Street Name: Mayfair
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Champaign
  • Carrier Code: C054
  • 4-Digit Zip Code: 6477
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $476,894
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 227,876
  • High Value: 276,529
  • Low Value: 179,223

    Market Valuation

  • Market Total Value: $155,580
  • Market Land Value: $40,920
  • Market Improvement Value: $114,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $51,860
  • Assessed Land Value: $13,640
  • Assessed Improvements Value: $38,220

    Sales

  • Current Sale Contract Date: Aug 16, 2023
  • Current Sale Recording Date: Aug 17, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 11716
  • Previous Sale Recording Date: Mar 15, 2016
  • Previous Sale Contract Date: Mar 10, 2016
  • Previous Sale Amount: $152,500
  • 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 Devonshire

Stats & Trends

Median Asking:

$202,500

Sale Price/ft²

$146

Below Asking

0.01%

Average Days on Market

56

Average Home Size

1529 ft²

Average Home Age

45.6 years

Currently For Sale

5 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: Nicholas Ward, JOEL WARD HOMES, INC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11769598
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 2113 Mayfair Road built and last sold?
The property at 2113 Mayfair Road was built in 1981 and last sold on Aug 16, 2023 for $237,000.
How much is this home worth?
The estimated value of the home located at 2113 Mayfair Road is $0.
What are some comparable homes to 2113 Mayfair Road?
There are currently no comparable homes to 2113 Mayfair Road.
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