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Champaign 61821
2808 Carrelton Drive
$175,000
● House - Off Market

2808 Carrelton Drive

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
1 Bath
square feet
925 Ft²
$1,174
Est. Monthly
15.24%
Cap Rate

About This Property

Completely remodeled 3 bedroom Ranch in Holiday Park.  Everything on the interior has been updated recently,  new vinyl plank flooring throughout, new white shaker kitchen cabinets, new stainless steel appliances, new quartz counter tops, new stainless steel sink with pull down faucet.  Bathroom has also been completely remodeled -  new fiberglass shower surround, new vanity, and new fixtures.  Bedrooms have newer vinyl replacement windows and ceiling fans. Entire home has been repainted, new baseboard trim added.  Roof, Furnace and AC were all updated in last few years by previous owner.  The large fenced in yard with wood deck is perfect for relaxing or entertaining. One car attached garage. *Broker Owned*
Unit Size
925 Ft²
Days on Market
-
Land Size
-
Price per sqft
$194
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
1963

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 300
  • Parking Space Count: 1
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,713
  • Total Building Area: 925
  • Building Area: 925
  • 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: WELLERS HOLIDAY PARK 4TH SEC.
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 358 WELLERS HOLIDAY PARK 4TH SEC.

Neighborhood

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

Geography

  • District: 04
  • Parcel: 44-20-15-352-018
  • Lot: 358
  • Meridian: SEC 15 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1015
  • Longitude: -88.2931

    Address

  • Full Address: 2808 Carrelton Dr
  • Address - House Number: 2808
  • Address - Street Name: Carrelton
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C060
  • 4-Digit Zip Code: 4666
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $253,528
  • Tax Rate Code Area: 4402

    Appraisal Valuation

  • Standard Deviation: 0.2071
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 71
  • Final Value: 137,810
  • High Value: 166,364
  • Low Value: 109,256

    Market Valuation

  • Market Total Value: $100,710
  • Market Land Value: $24,840
  • Market Improvement Value: $75,870

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $33,570
  • Assessed Land Value: $8,280
  • Assessed Improvements Value: $25,290

    Exemptions

  • Homeowner Exemption: Yes
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

1955 ft²

Average Home Age

43.2 years

Currently For Sale

184 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 2801 Rachel Road, Champaign, IL, 61822

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,560 ft²
2801 Rachel Road, Champaign, IL, 61822 Listing by Scott Bechtel
Unit for rent at 2303 Brookhaven Drive, Champaign, IL, 61821

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,651 ft²
2303 Brookhaven Drive, Champaign, IL, 61821 Listing by Darnell Cox

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jake Trautman, Champaign County Realty
Data Source: MRED, MLS# MRD12383745
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 2808 Carrelton Drive built and last sold?
The property at 2808 Carrelton Drive was built in 1963 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 2808 Carrelton Drive is $0.
What are some comparable homes to 2808 Carrelton Drive?
There are currently no comparable homes to 2808 Carrelton Drive.
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