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Champaign 61822
2313 Joseph Street
$385,000
● House - Off Market

2313 Joseph Street

Champaign, IL 61822
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,810 Ft²
$2,650
Est. Monthly
$4
HOA / Fees
2.08%
Cap Rate

About This Property

Check out this stunning home in Ironwood West! This home boasts an open layout with 9' ceilings on the first floor, hardwood floors, and a white kitchen with granite countertops. The family room features a cozy gas fireplace, and there's a pantry and a convenient office space located just off the kitchen. You'll also find a mudroom with plenty of storage. The large primary suite includes a walk-in closet and a private bath with a double sink vanity and a 5' shower. The full finished basement offers a fourth bedroom, a full bath, and a second family room. This home is packed with a new HVAC system and water heater, 2"x6" exterior walls, a programmable thermostat, and Energy Star appliances.
Unit Size
1,810 Ft²
Days on Market
-
Land Size
-
Price per sqft
$221
Property Type
House
Property Taxes
$682
HOA Dues
$4
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: 2 years ago (MRED MLS #12172281)

Price History

Date / Event Date Event Price
Oct 31, 2024 Sold
Premium
Sold
Sep 25, 2024 Listed by KELLER WILLIAMS-TREC $399,900
Listed by KELLER WILLIAMS-TREC

Property Highlights

Air Conditioning
Fireplace

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: 0
  • 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: IRONWOOD WEST IX SUBDIVISION
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: COMBINED PER TAXPAYER REQUEST

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001205

Geography

  • District: 04
  • Parcel: 45-20-20-379-028
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0866
  • Longitude: -88.327

    Address

  • Full Address: 2313 Joseph St
  • Address - House Number: 2313
  • Address - Street Name: Joseph
  • Address - Suffix Type: St
  • State: IL
  • City Name: Champaign
  • Carrier Code: R015
  • 4-Digit Zip Code: 3636
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $765,918
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 369,758
  • High Value: 446,371
  • Low Value: 293,144

    Market Valuation

  • Market Total Value: $267,870
  • Market Land Value: $47,040
  • Market Improvement Value: $220,830

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,290
  • Assessed Land Value: $15,680
  • Assessed Improvements Value: $73,610

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 15, 2012
  • Current Sale Recording Date: Feb 17, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 20
  • Current Sale Input Document Number: 2012R04412
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:

$248,900

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1970 ft²

Average Home Age

43.7 years

Currently For Sale

175 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: Scott Bechtel, KELLER WILLIAMS-TREC
Last Updated: 2 years ago
Data Source: MRED, MLS# 12172281
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 2313 Joseph Street built and last sold?
The property at 2313 Joseph Street was built in and last sold on Feb 15, 2012 for $235,000.
How much is this home worth?
The estimated value of the home located at 2313 Joseph Street is $398,836.
What are some comparable homes to 2313 Joseph Street?
There are currently no comparable homes to 2313 Joseph Street.
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