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Champaign 61821
2309 BRANCH Road
$180,000
● House - Off Market

2309 BRANCH Road

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,602 Ft²
$202,144
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Nice Bi-level home in desirable Southwood Subdivision. Main floor features living room adjoining the dining room, kitchen with ample cabinets and black appliances. There are 3 bedrooms (bedroom 1 has 2 closets), a full bath with double sinks, linen closet and coat closet down the hall. The family room in the basement is spacious with a fireplace, laundry closet, full bath and storage. The back yard is AWESOME with a tiered deck overlooking the fenced back yard with an above ground pool. 2 car attached garage.   Roof new in 2020. SOLD AT LIST so limited pictures
Unit Size
1,602 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$109
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1976

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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 #11087350)

Price History

Date / Event Date Event Price
Jul 16, 2021 Sold
Premium
Sold
May 31, 2021 Listed by Coldwell Banker R.E. Group $174,900
Listed by Coldwell Banker R.E. Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1976
  • Effective Year Built: 1976
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,369
  • Total Building Area: 994
  • Building Area: 994
  • 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: SOUTHWOOD 15TH SUB
  • Land Acres: 0000000169
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 536 SOUTHWOOD 15TH SUB

Neighborhood

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

Geography

  • District: 04
  • Parcel: 45-20-22-452-007
  • Lot: 536
  • Meridian: SEC 22 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0868
  • Longitude: -88.2838

    Address

  • Full Address: 2309 Branch Rd
  • Address - House Number: 2309
  • Address - Street Name: Branch
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Champaign
  • Carrier Code: C047
  • 4-Digit Zip Code: 6254
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $394,132
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 207,657
  • High Value: 251,994
  • Low Value: 163,321

    Market Valuation

  • Market Total Value: $146,580
  • Market Land Value: $46,710
  • Market Improvement Value: $99,870

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,860
  • Assessed Land Value: $15,570
  • Assessed Improvements Value: $33,290

    Sales

  • Current Sale Contract Date: Jul 14, 2021
  • Current Sale Recording Date: Jul 16, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R16827
  • Previous Sale Recording Date: Dec 17, 2013
  • Previous Sale Contract Date: Dec 16, 2013
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: 71

    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 Champaign

Stats & Trends

Median Asking:

$245,000

Sale Price/ft²

$162

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1938 ft²

Average Home Age

43.1 years

Currently For Sale

178 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: Stefanie Pratt, Coldwell Banker R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11087350
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 2309 Branch Road built and last sold?
The property at 2309 Branch Road was built in 1976 and last sold on Jul 14, 2021 for $180,000.
How much is this home worth?
The estimated value of the home located at 2309 Branch Road is $0.
What are some comparable homes to 2309 Branch Road?
There are currently no comparable homes to 2309 Branch Road.
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