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Champaign 61822
2605 Willoughby Road
$256,000
● House - Off Market

2605 Willoughby Road

CHAMPAIGN, IL 61822
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,309 Ft²
$399,627
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Gorgeous soft contemporary welcomes you home.  Perfect for entertaining with a separate dining room beautifully redone kitchen and two living areas.   Large lot with mature landscaping makes this a perfect place to call home!
Unit Size
2,309 Ft²
Days on Market
-
Land Size
0.39 acres
Price per sqft
$108
Property Type
House
Property Taxes
$433
HOA Dues
$100
Year Built
-

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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 #09654307)

Price History

Date / Event Date Event Price
Jul 24, 2017 Sold
Premium
Sold
Jun 9, 2017 Listed by RE/MAX REALTY ASSOCIATES-CHA $250,000
Listed by RE/MAX REALTY ASSOCIATES-CHA

Property Highlights

Air Conditioning

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
  • Living Units: 1
  • 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: 17,075
  • 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: CHERRY HILLS 6TH ADD
  • Land Acres: 0000000392
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 243 CHERRY HILLS 6TH ADD

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001204

Geography

  • District: 04
  • Parcel: 46-20-27-176-032
  • Lot: 243
  • Meridian: SEC 27 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0776
  • Longitude: -88.2884

    Address

  • Full Address: 2605 Willoughby Rd
  • Address - House Number: 2605
  • Address - Street Name: Willoughby
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Champaign
  • Carrier Code: R010
  • 4-Digit Zip Code: 7567
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $658,880
  • Tax Rate Code Area: 4602

    Appraisal Valuation

  • Standard Deviation: 0.2069
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 337,149
  • High Value: 406,925
  • Low Value: 267,372

    Market Valuation

  • Market Total Value: $232,950
  • Market Land Value: $56,940
  • Market Improvement Value: $176,010

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $77,650
  • Assessed Land Value: $18,980
  • Assessed Improvements Value: $58,670

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 21, 2017
  • Current Sale Recording Date: Jul 26, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 2017R13813
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

2000 ft²

Average Home Age

42.1 years

Currently For Sale

175 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

Rentals Near You

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MRED

Listed by: , RE/MAX REALTY ASSOCIATES-CHA
Last Updated: 3 years ago
Data Source: MRED, MLS# 09654307
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 Willoughby Road built and last sold?
The property at 2605 Willoughby Road was built in and last sold on Jul 21, 2017 for $255,000.
How much is this home worth?
The estimated value of the home located at 2605 Willoughby Road is $0.
What are some comparable homes to 2605 Willoughby Road?
There are currently no comparable homes to 2605 Willoughby Road.
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