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Champaign 61821
2418 Carrelton Drive
$170,000
● House - Off Market

2418 Carrelton Drive

Champaign, IL 61821
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,634 Ft²
$187,289
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Spacious Tri-Level home located in SW Champaign, near park, school, shopping, bus line and swimming pool. His Tri-Level home has had many updates including New HVAC in 2020, New roof in 2021. Radon Mitigation. very large Kitchen with lots of cabinet, imitation of granite counter top, Sky light, ceramic tile flooring and Breakfast nook. Oak wood flooring in 3 bedrooms, 4th Bedroom in the lower level is used for office. you will enjoy fenced in park like backyard with fish pond, 28x12 patio, and Garden shed for additional storage, 11.3 x 13.2 enclosed porch, move in and enjoy it!
Unit Size
1,634 Ft²
Days on Market
-
Land Size
0.18 acres
Price per sqft
$104
Property Type
House
Property Taxes
$288
HOA Dues
-
Year Built
1960

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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 #11201323)

Price History

Date / Event Date Event Price
Dec 2, 2021 Sold
Premium
Sold
Aug 26, 2021 Listed by Coldwell Banker R.E. Group $169,999
Listed by Coldwell Banker R.E. Group

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1960
  • Effective Year Built: 1960
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 336
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,664
  • Total Building Area: 1,088
  • Building Area: 1,088
  • 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: WELLERS HOLIDAY PARK 2ND SEC.
  • Land Acres: 0000000176
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 121 WELLERS HOLIDAY PARK 2ND SEC.

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001201

Geography

  • District: 04
  • Parcel: 44-20-15-377-020
  • Lot: 121
  • Meridian: SEC 15 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1018
  • Longitude: -88.2878

    Address

  • Full Address: 2418 Carrelton Dr
  • Address - House Number: 2418
  • Address - Street Name: Carrelton
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C060
  • 4-Digit Zip Code: 4764
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $362,316
  • Tax Rate Code Area: 4402

    Appraisal Valuation

  • Standard Deviation: 0.2238
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 188,104
  • High Value: 230,215
  • Low Value: 145,994

    Market Valuation

  • Market Total Value: $136,200
  • Market Land Value: $24,840
  • Market Improvement Value: $111,360

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $45,400
  • Assessed Land Value: $8,280
  • Assessed Improvements Value: $37,120

    Sales

  • Current Sale Contract Date: Oct 04, 2021
  • Current Sale Recording Date: Nov 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R26878

    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:

$249,900

Sale Price/ft²

$162

Below Asking

0.01%

Average Days on Market

53

Average Home Size

1978 ft²

Average Home Age

44.8 years

Currently For Sale

164 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 1013 W Daniel Street, Champaign, IL, 61821

$2,000 /mo

  • 3 Beds
  • 1 Bath
  • 1,425 ft²
1013 W Daniel Street, Champaign, IL, 61821 Listing by Creg McDonald

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nayer Hamid, Coldwell Banker R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11201323
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 2418 Carrelton Drive built and last sold?
The property at 2418 Carrelton Drive was built in 1960 and last sold on Oct 4, 2021 for $170,000.
How much is this home worth?
The estimated value of the home located at 2418 Carrelton Drive is $0.
What are some comparable homes to 2418 Carrelton Drive?
There are currently no comparable homes to 2418 Carrelton Drive.
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