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Champaign 61822
2320 JOSEPH Street
$345,000
● House - Off Market

2320 JOSEPH Street

Champaign, IL 61822
bedrooms
3 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
1,875 Ft²
$379,908
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Signature - Bradford 2 story Open Floor Plan.  4BR, 3.5Bath. 2795 Sq.Ft. with finished basement.  Oversized corner lot - see attached plat map.  Finished basement with full bath - walk in tiled shower and rough in for wet bar.  Open concept with flex room (office).  Popular mud room garage entry with locker unit.  Great Room fireplace with tiled surround.  Crown moulding entire 1st floor and Master BR.  Handscraped hardwood flooring and ceramic in baths in laundry.  2nd floor laundry room. U-shaped stair case. Warm colors and stain nickel trim details.  All bedrooms have closet organizers. Master offers walk in shower, jetted tub and impressive walk in closet. Garage insulated and drywalled.
Unit Size
1,875 Ft²
Days on Market
-
Land Size
-
Price per sqft
$192
Property Type
House
Property Taxes
$659
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 #11612727)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
Aug 29, 2022 Listed by RE/MAX Choice $360,000
Listed by RE/MAX Choice

Property Highlights

Garage
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 8TH SUB
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOTS 922A AND 922B IRONWOOD WEST 8TH SUB

Neighborhood

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

Geography

  • District: 04
  • Parcel: 45-20-20-380-025
  • Lot: 922A
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0863
  • Longitude: -88.3263

    Address

  • Full Address: 2320 Joseph St
  • Address - House Number: 2320
  • Address - Street Name: Joseph
  • Address - Suffix Type: St
  • State: IL
  • City Name: Champaign
  • Carrier Code: R015
  • 4-Digit Zip Code: 3637
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $811,530
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.215
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 392,310
  • High Value: 476,693
  • Low Value: 307,928

    Market Valuation

  • Market Total Value: $282,750
  • Market Land Value: $62,820
  • Market Improvement Value: $219,930

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $94,250
  • Assessed Land Value: $20,940
  • Assessed Improvements Value: $73,310

    Sales

  • Current Sale Contract Date: Nov 18, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 21073
  • Previous Sale Recording Date: Jul 09, 2012
  • Previous Sale Contract Date: Jul 05, 2012
  • Previous Sale Amount: $232,000
  • Previous Sale Document Type: 20
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

1955 ft²

Average Home Age

43.2 years

Currently For Sale

184 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: Daniel Gordon, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11612727
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 2320 Joseph Street built and last sold?
The property at 2320 Joseph Street was built in and last sold on Nov 18, 2022 for $345,000.
How much is this home worth?
The estimated value of the home located at 2320 Joseph Street is $0.
What are some comparable homes to 2320 Joseph Street?
There are currently no comparable homes to 2320 Joseph Street.
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