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Urbana 61802
303 Dodson Drive W
$190,250
● House - Off Market

303 Dodson Drive W

Urbana, IL 61802
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,044 Ft²
$203,485
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

Do you want to live in a move-in ready home that has been well-maintained and comes with many updates? This 4 Bedroom home is spacious, with 2044 square feet of living space, and it also comes with a new detached garage, newer A/C, Furnace, Roof & some electrical.. The kitchen is a cooks delight, with lots of cabinetry and prep space. And if you need more storage space or parking for an additional car, the detached garage has got you covered. You will love the wood floors that are believed to be under the carpet on the main floor. The extra large corner lot gives you plenty of space to entertain or just relax and enjoy the day. With 4 oversized bedrooms, this house can accommodate your whole family comfortably. Schedule your showing today as this beauty will not last long!
Unit Size
2,044 Ft²
Days on Market
-
Land Size
0.34 acres
Price per sqft
$98
Property Type
House
Property Taxes
$99
HOA Dues
-
Year Built
1954

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11665649)

Price History

Date / Event Date Event Price
Apr 21, 2023 Sold
Premium
Sold
Nov 3, 2022 Listed by RE/MAX Choice $200,000
Listed by RE/MAX Choice

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • 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: 3
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 2
  • Basement Area: 633
  • Garage Type: 1
  • Garage Square Area: 302
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 14,608
  • Total Building Area: 1,267
  • Building Area: 1,267
  • 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: EDGEWOOD SUB 2ND
  • Land Acres: 0000000335
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 15 EDGEWOOD SUB 2ND

Neighborhood

  • School District Name: Urbana School District 116
  • School Tax School District: 101
  • Census Tract: 005500

Geography

  • District: 30
  • Parcel: 30-21-10-378-018
  • Lot: 15
  • Meridian: SEC 10 TWN 19N RNG 09E
  • Municipality: URBANA
  • Latitude: 40.1152
  • Longitude: -88.174

    Address

  • Full Address: 303 Dodson Dr W
  • Address - House Number: 303
  • Street Segment Direction: W
  • Address - Street Name: Dodson
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Urbana
  • Carrier Code: R006
  • 4-Digit Zip Code: 2255
  • Zip Code: 61802

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $279,082
  • Tax Rate Code Area: 3006C

    Appraisal Valuation

  • Standard Deviation: 0.2456
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 65
  • Final Value: 191,973
  • High Value: 239,125
  • Low Value: 144,822

    Market Valuation

  • Market Total Value: $140,520
  • Market Land Value: $48,900
  • Market Improvement Value: $91,620

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $46,840
  • Assessed Land Value: $16,300
  • Assessed Improvements Value: $30,540

    Sales

  • Current Sale Contract Date: Apr 21, 2023
  • Current Sale Recording Date: Apr 24, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4970
  • Previous Sale Recording Date: Feb 26, 2019
  • Previous Sale Contract Date: Feb 22, 2019
  • Previous Sale Amount: $127,000
  • Previous Sale Document Type: 71
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

1736 ft²

Average Home Age

52.1 years

Currently For Sale

81 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: Daniel Gordon, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11665649
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 303 Dodson Drive West built and last sold?
The property at 303 Dodson Drive West was built in 1954 and last sold on Apr 21, 2023 for $190,500.
How much is this home worth?
The estimated value of the home located at 303 Dodson Drive West is $0.
What are some comparable homes to 303 Dodson Drive West?
There are currently no comparable homes to 303 Dodson Drive West.
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