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Champaign 61802
2605 Arlene Drive
$191,000
● House - Off Market

2605 Arlene Drive

Urbana, IL 61802
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,953 Ft²
$201,613
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Completely updated, turn-key & gorgeous!  This beautiful three-bedroom Tri-level offers many updates; Brand new vinyl siding, gutters and exterior light fixtures in '22, new front door '22, new garage door '22, new sliding glass door '22, new electrical panel in '22, new carpet in the basement '22, kitchen remodel in '16, new roof '16.  Natural light floods the interior highlighting the flawless engineered hardwood flooring throughout the dining room, kitchen, living room, and all bedrooms.  This home will lend itself to celebrations (big or small), family holidays, and life-long memories with ones you love and You will enjoy entertaining in the fully fenced backyard with patio.  Don't wait, call today to schedule your private showing! Agent related to seller.
Unit Size
1,953 Ft²
Days on Market
-
Land Size
-
Price per sqft
$100
Property Type
House
Property Taxes
$263
HOA Dues
-
Year Built
1969

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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 #11452616)

Price History

Date / Event Date Event Price
Aug 12, 2022 Sold
Premium
Sold
Jul 8, 2022 Listed by RE/MAX REALTY ASSOCIATES-MAHO $195,000
Listed by RE/MAX REALTY ASSOCIATES-MAHO

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 3
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,646
  • Total Building Area: 1,262
  • Building Area: 1,262
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BROWNFIELD SUB 2ND PLAT
  • Land Acres: 0000000244
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 54 BROWNFIELD SUB 2ND PLAT

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005402

Geography

  • District: 30
  • Parcel: 30-21-03-128-020
  • Lot: 54
  • Meridian: SEC 03 TWN 19N RNG 09E
  • Municipality: URBANA
  • Latitude: 40.1403
  • Longitude: -88.1724

    Address

  • Full Address: 2605 Arlene Dr
  • Address - House Number: 2605
  • Address - Street Name: Arlene
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Urbana
  • Carrier Code: R005
  • 4-Digit Zip Code: 7674
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $335,976
  • Tax Rate Code Area: 3014

    Appraisal Valuation

  • Standard Deviation: 0.217
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 210,714
  • High Value: 256,448
  • Low Value: 164,980

    Market Valuation

  • Market Total Value: $134,100
  • Market Land Value: $24,810
  • Market Improvement Value: $109,290

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,700
  • Assessed Land Value: $8,270
  • Assessed Improvements Value: $36,430

    Sales

  • Current Sale Contract Date: Jul 29, 2022
  • Current Sale Recording Date: Aug 15, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 15151
  • Previous Sale Recording Date: Jul 19, 2016
  • Previous Sale Contract Date: Apr 19, 2016
  • Previous Sale Amount: $82,854
  • Previous Sale Document Type: 68
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:

$254,900

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1969 ft²

Average Home Age

44.9 years

Currently For Sale

432 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 1306 E Green Street, Urbana, IL, 61802

$1,900 /mo

  • 4 Beds
  • 2 Baths
  • 1,761 ft²
1306 E Green Street, Urbana, IL, 61802 Listing by Carol Meinhart

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Russell Taylor, RE/MAX REALTY ASSOCIATES-MAHO
Last Updated: 3 years ago
Data Source: MRED, MLS# 11452616
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 2605 Arlene Drive built and last sold?
The property at 2605 Arlene Drive was built in 1969 and last sold on Jul 29, 2022 for $191,000.
How much is this home worth?
The estimated value of the home located at 2605 Arlene Drive is $203,714.
What are some comparable homes to 2605 Arlene Drive?
There are currently no comparable homes to 2605 Arlene Drive.
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