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Champaign 61821
2314 Blackthorn Drive
$160,000
● House - Off Market

2314 Blackthorn Drive

CHAMPAIGN, IL 61821
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,205 Ft²
$282,972
RealtyHop Estimate
66.55%
Since Mar 1, 2017
National-US
Primary Model

About This Property

elcome to your move-in ready home! A spacious tiled entryway and large closet greet you as you enter. The huge living room offers plenty of natural light. New sliding doors have replaced a former window and now access the HUGE deck (width of the entire house!) The eat-in kitchen boasts plenty of storage with 42" Schrock cabinets. Beautiful hardwood flooring in all three upstairs bedrooms. Bedroom 3 is currently being used as an INCREDIBLE boutique closet/dressing room, with custom shelving and a crystal chandelier to top it off! The lower level offers a large family room with fireplace, spacious bath, and a bedroom. Updates include roof (full-tear-off) 2016, 95% efficient furnace and A/C 2013, dishwasher 2015, microwave/range hood 2013, some updated windows 2007.
Unit Size
2,205 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$77
Property Type
House
Property Taxes
$333
HOA Dues
-
Year Built
1972

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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 #09490567)

Price History

Date / Event Date Event Price
Feb 28, 2017 Sold
Premium
Sold
Sep 15, 2016 Listed by KELLER WILLIAMS-TREC $169,900
Listed by KELLER WILLIAMS-TREC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,998
  • Total Building Area: 1,326
  • Building Area: 1,326
  • 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 12TH SUB
  • Land Acres: 0000000161
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 431 SOUTHWOOD 12TH SUB

Neighborhood

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

Geography

  • District: 04
  • Parcel: 45-20-22-406-018
  • Lot: 431
  • Meridian: SEC 22 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0887
  • Longitude: -88.2843

    Address

  • Full Address: 2314 Blackthorn Dr
  • Address - House Number: 2314
  • Address - Street Name: Blackthorn
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C047
  • 4-Digit Zip Code: 6259
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $558,830
  • Initial Tax Delinquent Year: 2022
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2135
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 242,909
  • High Value: 294,771
  • Low Value: 191,046

    Market Valuation

  • Market Total Value: $182,310
  • Market Land Value: $46,710
  • Market Improvement Value: $135,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,770
  • Assessed Land Value: $15,570
  • Assessed Improvements Value: $45,200

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 28, 2017
  • Current Sale Recording Date: Mar 01, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017R03525
  • Previous Sale Recording Date: Jun 16, 2009
  • Previous Sale Contract Date: Jun 12, 2009
  • Previous Sale Amount: $160,000
  • 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

$163

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1970 ft²

Average Home Age

43.3 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

Unit for rent at 2303 Brookhaven Drive, Champaign, IL, 61821

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,651 ft²
2303 Brookhaven Drive, Champaign, IL, 61821 Listing by Darnell Cox

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 09490567
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 2314 Blackthorn Drive built and last sold?
The property at 2314 Blackthorn Drive was built in 1972 and last sold on Feb 28, 2017 for $160,000.
How much is this home worth?
The estimated value of the home located at 2314 Blackthorn Drive is $0.
What are some comparable homes to 2314 Blackthorn Drive?
There are currently no comparable homes to 2314 Blackthorn Drive.
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