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Urbana 61802
2202 Lantern Hill Drive
$142,000
● House - Off Market

2202 Lantern Hill Drive

Urbana, IL 61802
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,258 Ft²
$900
Est. Monthly
10.34%
Cap Rate

About This Property

Welcome to 2202 Lantern Hill Drive, an exceptional 3-bedroom, 1.5-bath home in the heart of Urbana. This charming property features a spacious living room with updated flooring, creating a warm and inviting atmosphere for family and guests. The oversized dining space, seamlessly combined with the kitchen, is perfect for entertaining and family gatherings. Recent upgrades include a new roof and siding installed in 2021, ensuring the home's exterior is both stylish and durable. In 2023, a new back deck was added, providing an ideal space for outdoor relaxation and entertainment. The privacy-fenced backyard offers a secure area for children and pets to play safely. This home has been a reliable source of rental income for the current owners over the past ten years, making it an excellent investment opportunity. Its prime location offers close proximity to quick dining options, grocery shopping, and several MTD bus stops, providing convenient transportation to local schools, the public library, the University of Illinois, Parkland College, and more. Additionally, the home is less than half a mile from Dr. Preston Williams Elementary School, making the commute to school effortless. Whether you are looking to add a profitable property to your investment portfolio or seeking a home with significant recent improvements on major expenses, 2202 Lantern Hill Drive is a must-see. Schedule a viewing today to experience the comfort and convenience this home has to offer.
Unit Size
1,258 Ft²
Days on Market
-
Land Size
-
Price per sqft
$107
Property Type
House
Property Taxes
$237
HOA Dues
-
Year Built
1967

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Last updated: 3 years ago (MRED MLS #12065383)

Price History

Date / Event Date Event Price
Jul 15, 2024 Sold
Sold
May 24, 2024 Listed by RE/MAX REALTY ASSOCIATES-CHA $135,000
Listed by RE/MAX REALTY ASSOCIATES-CHA

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1967
  • Effective Year Built: 1967
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 398
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,534
  • Total Building Area: 1,175
  • Building Area: 1,175
  • 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: COUNTRY SQUIRE ESTATES 6TH PLAT
  • Land Acres: 0000000150
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1324 COUNTRY SQUIRE ESTATES 6TH PLAT

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005601

Geography

  • District: 09
  • Parcel: 91-21-15-303-017
  • Lot: 1324
  • Meridian: SEC 15 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.1044
  • Longitude: -88.1796

    Address

  • Full Address: 2202 Lantern Hill Dr
  • Address - House Number: 2202
  • Address - Street Name: Lantern Hill
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Urbana
  • Carrier Code: C031
  • 4-Digit Zip Code: 5616
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $326,128
  • Tax Rate Code Area: 9103

    Appraisal Valuation

  • Standard Deviation: 0.261
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 62
  • Final Value: 142,806
  • High Value: 180,090
  • Low Value: 105,523

    Market Valuation

  • Market Total Value: $90,390
  • Market Land Value: $33,360
  • Market Improvement Value: $57,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $30,130
  • Assessed Land Value: $11,120
  • Assessed Improvements Value: $19,010

    Sales

  • Current Sale Contract Date: Jul 27, 2004
  • Current Sale Recording Date: Aug 10, 2004
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2004R25394
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Urbana


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Frequently Asked Questions

When was property at 2202 Lantern Hill Drive built and last sold?
The property at 2202 Lantern Hill Drive was built in 1967 and last sold on Jul 27, 2004 for $105,000.
How much is this home worth?
The estimated value of the home located at 2202 Lantern Hill Drive is $0.
What are some comparable homes to 2202 Lantern Hill Drive?
There are currently no comparable homes to 2202 Lantern Hill Drive.