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Urbana 61801
2501 Scovill Circle
$212,000
● House - Off Market

2501 Scovill Circle

Urbana, IL 61801
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,536 Ft²
$212,355
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model

About This Property

If you're looking for a home that offers a perfect combination of style, comfort, and convenience, then look no further! This 3-bedroom, 2 full bath ranch home on a corner lot of a cul-de-sac in Urbana has everything you could ask for and more. From the cozy family room and kitchen to the spacious bedrooms and beautiful master suite, you'll never want to leave. And the prime location near Meadow Brook Park, UIUC, schools, commerce, bus routes, and other amenities offer endless possibilities for entertainment, shopping, and leisure. Extra deep garage has plenty of storage. So come and see this dream home today and make it yours! Pre-Inspected.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$138
Property Type
House
Property Taxes
$495
HOA Dues
-
Year Built
1975

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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 #11784058)

Price History

Date / Event Date Event Price
Jun 28, 2023 Sold
Premium
Sold
May 18, 2023 Listed by RE/MAX Choice $212,000
Listed by RE/MAX Choice

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1975
  • Effective Year Built: 1975
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 6
  • Garage Type: 1
  • Garage Square Area: 560
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,536
  • Building Area: 1,536
  • 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: ENNIS RIDGE 17TH SUB
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 428 ENNIS RIDGE 17TH SUB

Neighborhood

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

Geography

  • District: 09
  • Parcel: 93-21-20-478-003
  • Lot: 428
  • Meridian: SEC 20 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.0852
  • Longitude: -88.2008

    Address

  • Full Address: 2501 Scovill Cir
  • Address - House Number: 2501
  • Address - Street Name: Scovill
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Urbana
  • Carrier Code: C018
  • 4-Digit Zip Code: 6757
  • Zip Code: 61801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $594,562
  • Tax Rate Code Area: 9303

    Appraisal Valuation

  • Standard Deviation: 0.2245
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 228,525
  • High Value: 279,835
  • Low Value: 177,215

    Market Valuation

  • Market Total Value: $182,790
  • Market Land Value: $68,970
  • Market Improvement Value: $113,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $60,930
  • Assessed Land Value: $22,990
  • Assessed Improvements Value: $37,940

    Sales

  • Current Sale Contract Date: Jun 21, 2023
  • Current Sale Recording Date: Jun 29, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 8770
  • Previous Sale Recording Date: Jun 18, 2019
  • Previous Sale Contract Date: Jun 10, 2019
  • Previous Sale Amount: $150,000
  • 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 Urbana

Stats & Trends

Median Asking:

$239,900

Sale Price/ft²

$163

Below Asking

0.01%

Average Days on Market

59

Average Home Size

1736 ft²

Average Home Age

52 years

Currently For Sale

79 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 2209 Grange Circle, Urbana, IL, 61801

$2,450 /mo

  • 3 Beds
  • 2 Baths
  • 1,908 ft²
2209 Grange Circle, Urbana, IL, 61801 Listing by Erica Bales

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Daniel Gordon, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11784058
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 2501 Scovill Circle built and last sold?
The property at 2501 Scovill Circle was built in 1975 and last sold on Jun 21, 2023 for $212,000.
How much is this home worth?
The estimated value of the home located at 2501 Scovill Circle is $216,793.
What are some comparable homes to 2501 Scovill Circle?
There are currently no comparable homes to 2501 Scovill Circle.
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