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Urbana 61802
2801 SUSAN STONE Drive
$239,900
● House - Off Market

2801 SUSAN STONE Drive

Urbana, IL 61802
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,550 Ft²
$238,556
RealtyHop Estimate
-0.56%
Since Sep 1, 2023
National-US
Primary Model

About This Property

Room for everyone in this well-maintained 3 bedroom, 2 full bath ranch home. Spacious living room with crown molding and bamboo flooring, beautifully updated kitchen open to the dining room, family room with fireplace and sliding doors that open to the deck and fenced-in yard. Large 2-car garage with 11x8 storage/workshop area. Newer roof, garage door, sliding doors, flooring, kitchen cabinets, countertops and appliances, HVAC 2006. Move right in and enjoy your new home in Myra Ridge.
Unit Size
1,550 Ft²
Days on Market
-
Land Size
-
Price per sqft
$155
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1984

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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 #11809686)

Price History

Date / Event Date Event Price
Aug 15, 2023 Sold
Premium
Sold
Jun 20, 2023 Listed by eXp Realty,LLC-Cha $239,900
Listed by eXp Realty,LLC-Cha

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1984
  • Effective Year Built: 1984
  • 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: 546
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,494
  • Total Building Area: 1,601
  • Building Area: 1,601
  • 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: MYRA RIDGE 4TH SUB
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 115 MYRA RIDGE 4TH SUB

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005702

Geography

  • District: 09
  • Parcel: 93-21-28-229-014
  • Lot: 115
  • Meridian: SEC 28 TWN 19N RNG 09E
  • Municipality: CUNNINGHAM
  • Latitude: 40.0825
  • Longitude: -88.1821

    Address

  • Full Address: 2801 Susan Stone Dr
  • Address - House Number: 2801
  • Address - Street Name: Susan Stone
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Urbana
  • Carrier Code: R008
  • 4-Digit Zip Code: 7019
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $367,692
  • Tax Rate Code Area: 9303

    Appraisal Valuation

  • Standard Deviation: 0.217
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 202,750
  • High Value: 246,755
  • Low Value: 158,745

    Market Valuation

  • Market Total Value: $119,910
  • Market Land Value: $44,460
  • Market Improvement Value: $75,450

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,970
  • Assessed Land Value: $14,820
  • Assessed Improvements Value: $25,150

    Sales

  • Current Sale Contract Date: Aug 08, 2023
  • Current Sale Recording Date: Aug 22, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12018
  • Previous Sale Recording Date: Dec 20, 2013
  • Previous Sale Contract Date: Nov 04, 2013
  • Previous Sale Document Type: 64
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

1708 ft²

Average Home Age

52.6 years

Currently For Sale

87 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
Unit for rent at 1806 S Cottage Grove Avenue, Urbana, IL, 61801

$1,095 /mo

  • 2 Beds
  • 1 Bath
  • 1,000 ft²
1806 S Cottage Grove Avenue #114, Urbana, IL, 61801 Listing by Dominic DiBrizzi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Rick Wilberg, eXp Realty,LLC-Cha
Last Updated: 3 years ago
Data Source: MRED, MLS# 11809686
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 2801 Susan Stone Drive built and last sold?
The property at 2801 Susan Stone Drive was built in 1984 and last sold on Aug 8, 2023 for $240,000.
How much is this home worth?
The estimated value of the home located at 2801 Susan Stone Drive is $243,479.
What are some comparable homes to 2801 Susan Stone Drive?
There are currently no comparable homes to 2801 Susan Stone Drive.
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