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Champaign 61822 Parkland Ridge
2823 Natalie Drive #0
$165,000
● House - Off Market

2823 Natalie Drive #0

Champaign, IL 61822
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,110 Ft²
$1,264
Est. Monthly
$177
HOA / Fees
4.45%
Cap Rate

About This Property

Don't miss this rare opportunity to own a condo that combines low maintenance living with a layout that lives like a one-story house! This is a rare 2-bedroom plan that offers a more affordable price than larger 3-bedroom variants, while preserving generous room sizes, a primary bedroom with en suite full bath and walk-in closet, a wide-open great room with cathedral ceiling, and a two-car attached garage. There is a small front porch and a larger deck overlooking the commons area. The unit has just undergone professional carpet cleaning, and it's pre-inspected. Major updates include new roof in 2021, a/c and furnace in 2021, sliding glass door to the deck in 2020. See HD photo gallery and 3D immersive virtual tour.
Unit Size
1,110 Ft²
Days on Market
-
Land Size
-
Price per sqft
$149
Property Type
House
Property Taxes
$277
HOA Dues
$177
Year Built
1989

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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

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • 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
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,438
  • Total Building Area: 1,123
  • Building Area: 1,123
  • 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: COMMONS 501 PARKLAND RIDGE SOUTH CONDO P
  • Land Acres: 0000000033
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT PT COMMONS 501 PARKLAND RIDGE SOUTH CONDO PHASE 2

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000902

Geography

  • District: 04
  • Parcel: 41-20-10-154-037
  • Lot: 2823
  • Meridian: SEC 10 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1204
  • Longitude: -88.2935

    Address

  • Full Address: 2823 Natalie Dr
  • Address - House Number: 2823
  • Address - Street Name: Natalie
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R005
  • 4-Digit Zip Code: 7359
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $285,438
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2594
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 170,885
  • High Value: 215,215
  • Low Value: 126,555

    Market Valuation

  • Market Total Value: $111,120
  • Market Land Value: $20,460
  • Market Improvement Value: $90,660

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,040
  • Assessed Land Value: $6,820
  • Assessed Improvements Value: $30,220

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 21, 2012
  • Current Sale Recording Date: Sep 25, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2012R24332
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

About Parkland Ridge

Stats & Trends

Median Asking:

$189,000

Sale Price/ft²

$141

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1165 ft²

Average Home Age

40.5 years

Currently For Sale

7 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

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MRED

Listed by: Matt Difanis, RE/MAX REALTY ASSOCIATES-CHA
Data Source: MRED, MLS# MRD12437719
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 2823 Natalie Drive built and last sold?
The property at 2823 Natalie Drive was built in 1989 and last sold on Sep 21, 2012 for $106,500.
How much is this home worth?
The estimated value of the home located at 2823 Natalie Drive is $0.
What are some comparable homes to 2823 Natalie Drive?
There are currently no comparable homes to 2823 Natalie Drive.
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