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Urbana 61801
2402 Provine Circle
$201,000
● House - Off Market

2402 Provine Circle

Urbana, IL 61801
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,186 Ft²
$1,492
Est. Monthly
17.68%
Cap Rate

About This Property

Great location in a Cul-de-sac!  Close to University of Illinois.  Living room, family room, dining room, half bath and kitchen on main level.  Four bedrooms and two full baths on 2nd level.  Fireplace in family room.  Large deck and huge fenced yard.  Property being sold "AS IS" where is.  Needs cosmetic updates.
Unit Size
2,186 Ft²
Days on Market
-
Land Size
-
Price per sqft
$80
Property Type
House
Property Taxes
$637
HOA Dues
-
Year Built
1978

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 539
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,093
  • Building Area: 1,093
  • 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: UNIVERSITY DOWNS, 11TH SUB
  • Land Acres: 0000000184
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 66 UNIVERSITY DOWNS, 11TH SUB

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005701

Geography

  • District: 09
  • Parcel: 93-21-20-480-010
  • Lot: 66
  • Meridian: SEC 20 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.086
  • Longitude: -88.203

    Address

  • Full Address: 2402 Provine Cir
  • Address - House Number: 2402
  • Address - Street Name: Provine
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Urbana
  • Carrier Code: C018
  • 4-Digit Zip Code: 6639
  • Zip Code: 61801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $711,030
  • Tax Rate Code Area: 9303

    Appraisal Valuation

  • Standard Deviation: 0.2133
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 258,528
  • High Value: 313,672
  • Low Value: 203,384

    Market Valuation

  • Market Total Value: $215,070
  • Market Land Value: $61,860
  • Market Improvement Value: $153,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,690
  • Assessed Land Value: $20,620
  • Assessed Improvements Value: $51,070

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 27, 2006
  • Current Sale Recording Date: Mar 03, 2006
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2006R05141
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 Urbana

Stats & Trends

Median Asking:

$239,950

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1738 ft²

Average Home Age

52.5 years

Currently For Sale

80 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: Tim Drollinger, RE/MAX REALTY ASSOCIATES-CHA
Data Source: MRED, MLS# MRD12320813
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 2402 Provine Circle built and last sold?
The property at 2402 Provine Circle was built in 1978 and last sold on Feb 27, 2006 for $171,500.
How much is this home worth?
The estimated value of the home located at 2402 Provine Circle is $0.
What are some comparable homes to 2402 Provine Circle?
There are currently no comparable homes to 2402 Provine Circle.
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