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Champaign 61821
2316 Aspen Drive
$210,000
● House - Off Market

2316 Aspen Drive

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,628 Ft²
$207,376
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Desirable Southwood location! This 3 bedroom 2 bath tri-level is ready to move into. L-shaped living room/Dining room combo, Kitchen with great work space and storage, Wood burning fireplace in the family room, Patio off of the family room, Kitchen appliances stay, radon vent installed, Roof 2020, Gutter 2020, Furnace 2021, There have been many interior updates since 2019. Carpets shampooed May 2022
Unit Size
1,628 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$126
Property Type
House
Property Taxes
$326
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 #11410956)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
May 20, 2022 Listed by Coldwell Banker R.E. Group $205,000
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: 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: 352
  • Parking Space Count: 1
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,671
  • Total Building Area: 1,144
  • Building Area: 1,144
  • 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 17TH SUB
  • Land Acres: 0000000153
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 559 SOUTHWOOD 17TH SUB

Neighborhood

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

Geography

  • District: 04
  • Parcel: 45-20-22-452-017
  • Lot: 559
  • Meridian: SEC 22 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0865
  • Longitude: -88.2846

    Address

  • Full Address: 2316 Aspen Dr
  • Address - House Number: 2316
  • Address - Street Name: Aspen
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C047
  • 4-Digit Zip Code: 6273
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $401,948
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 226,881
  • High Value: 273,339
  • Low Value: 180,423

    Market Valuation

  • Market Total Value: $149,130
  • Market Land Value: $46,710
  • Market Improvement Value: $102,420

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,710
  • Assessed Land Value: $15,570
  • Assessed Improvements Value: $34,140

    Sales

  • Current Sale Contract Date: Jun 25, 2022
  • Current Sale Recording Date: Jul 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12085
  • Previous Sale Recording Date: Jun 06, 2013
  • Previous Sale Contract Date: Jun 03, 2013
  • Previous Sale Amount: $133,000
  • Previous Sale Document Type: 71
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

1989 ft²

Average Home Age

42.3 years

Currently For Sale

174 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: James Waller, Coldwell Banker R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11410956
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 2316 Aspen Drive built and last sold?
The property at 2316 Aspen Drive was built in 1976 and last sold on Jun 25, 2022 for $210,000.
How much is this home worth?
The estimated value of the home located at 2316 Aspen Drive is $0.
What are some comparable homes to 2316 Aspen Drive?
There are currently no comparable homes to 2316 Aspen Drive.
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