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Champaign 61822 West Haven
2202 Edgewater Place
$380,000
● House - Off Market

2202 Edgewater Place

Champaign, IL 61822
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,981 Ft²
$2,992
Est. Monthly
$21
HOA / Fees
6.64%
Cap Rate

About This Property

This stunning 4-bedroom, 3.5-bathroom ranch home is nestled in a highly desirable neighborhood, offering both comfort and luxury. The spacious living room boasts soaring vaulted ceilings that enhance the open, airy feel, while the custom oak cabinetry in the kitchen adds a touch of elegance. A cozy two-way fireplace connects the living area to the adjacent dining room, creating a warm and inviting atmosphere. The primary bedroom features an attached all-seasons room, perfect for relaxing year-round with tranquil lake views. You don't want to miss this one!
Unit Size
2,981 Ft²
Days on Market
-
Land Size
-
Price per sqft
$143
Property Type
House
Property Taxes
$884
HOA Dues
$21
Year Built
1988

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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

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Bedroom Count: 0
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 3
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 3
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 676
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 11,284
  • Total Building Area: 2,833
  • Building Area: 2,833
  • 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: ROBESON MEADOWS 3A
  • Land Acres: 0000000259
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 325 ROBESON MEADOWS 3A

Neighborhood

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

Geography

  • District: 04
  • Parcel: 45-20-22-354-021
  • Lot: 325
  • Meridian: SEC 22 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.088
  • Longitude: -88.2906

    Address

  • Full Address: 2202 Edgewater Pl
  • Address - House Number: 2202
  • Address - Street Name: Edgewater
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Champaign
  • Carrier Code: R008
  • 4-Digit Zip Code: 7615
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $930,800
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2069
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 411,267
  • High Value: 496,383
  • Low Value: 326,151

    Market Valuation

  • Market Total Value: $321,660
  • Market Land Value: $70,140
  • Market Improvement Value: $251,520

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $107,220
  • Assessed Land Value: $23,380
  • Assessed Improvements Value: $83,840

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 06, 2005
  • Current Sale Recording Date: Jun 08, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005R15499

    Financing

  • First Mortgage Financing Type: FIX
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 West Haven

Stats & Trends

Median Asking:

$443,700

Sale Price/ft²

$152

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2942 ft²

Average Home Age

35.7 years

Currently For Sale

0 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: Nick Taylor, Taylor Realty Associates
Data Source: MRED, MLS# MRD12273920
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 2202 Edgewater Place built and last sold?
The property at 2202 Edgewater Place was built in 1988 and last sold on Jun 6, 2005 for $287,000.
How much is this home worth?
The estimated value of the home located at 2202 Edgewater Place is $0.
What are some comparable homes to 2202 Edgewater Place?
There are currently no comparable homes to 2202 Edgewater Place.
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