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Piatt 61884
2244 Wagon Trail Road
$389,900
● House - Off Market

2244 Wagon Trail Road

White Heath, IL 61884
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,589 Ft²
$2,432
Est. Monthly
3.64%
Cap Rate

About This Property

Fantastic property on Wagon Trail road offers a peaceful country setting just minutes from Champaign and Monticello. Sprawling brick ranch on just over 2.5 acres featuring an open floor plan with bamboo flooring throughout, an updated kitchen with custom maple cabinetry, stainless appliances and granite countertops, 2 updated bathrooms with heated floors, and a new Trex deck. There's a sunroom with separate HVAC which overlooks the rolling terrain of the back yard.  This property also includes a 20x40 outbuilding and a second building with 2 car garage, dog kennel, dog wash and office. There's a private well with new pump, dual zoned HVAC and a multi flow septic system. This one is too good to pass up!
Unit Size
2,589 Ft²
Days on Market
-
Land Size
2.55 acres
Price per sqft
$151
Property Type
House
Property Taxes
$517
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 #11816570)

Price History

Date / Event Date Event Price
Dec 8, 2023 Sold
Premium
Sold
Aug 1, 2023 Listed by Realty Select One $389,900
Listed by Realty Select One

Property Highlights

Air Conditioning

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
  • 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: 111,960
  • Lot Size Depth Feet: 3,730
  • Lot Size Frontage Feet: 3,002
  • 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: TREASURE ACRES SUB
  • Land Acres: 0000002570
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TREASURE ACRES SUB DIV LOT 5 & 6 31 11 3 18

Neighborhood

  • School District Name: Monticello Community Unit School District 25
  • Census Tract: 954500

Geography

  • District: 06
  • Parcel: 06-00-01-000-047-00
  • Lot: 5,6
  • Municipality: SANGAMON TOWNSHIP
  • Latitude: 40.1195
  • Longitude: -88.4878

    Address

  • Full Address: 2244 Wagon Trail Rd
  • Address - House Number: 2244
  • Address - Street Name: Wagon Trail
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: White Heath
  • Carrier Code: R021
  • 4-Digit Zip Code: 9315
  • Zip Code: 61884

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $620,878
  • Tax Rate Code Area: 06066

    Appraisal Valuation

  • Standard Deviation: 0.0856
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 93
  • Final Value: 384,258
  • High Value: 417,161
  • Low Value: 351,354

    Market Valuation

  • Market Total Value: $307,653
  • Market Land Value: $54,456
  • Market Improvement Value: $253,197

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $102,551
  • Assessed Land Value: $18,152
  • Assessed Improvements Value: $84,399

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 23, 2015
  • Current Sale Recording Date: Dec 23, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
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 Piatt

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2326 ft²

Average Home Age

49 years

Currently For Sale

32 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: Creg McDonald, Realty Select One
Last Updated: 3 years ago
Data Source: MRED, MLS# 11816570
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 2244 Wagon Trail Road built and last sold?
The property at 2244 Wagon Trail Road was built in and last sold on Dec 23, 2015 for $280,000.
How much is this home worth?
The estimated value of the home located at 2244 Wagon Trail Road is $396,246.
What are some comparable homes to 2244 Wagon Trail Road?
There are currently no comparable homes to 2244 Wagon Trail Road.
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