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Champaign 61821
307 N Carson Avenue
$129,900
● House - Off Market

307 N Carson Avenue

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
1,088 Ft²
$738
Est. Monthly
11.55%
Cap Rate

About This Property

Investment Property/Sold at list.
Unit Size
1,088 Ft²
Days on Market
-
Land Size
-
Price per sqft
$119
Property Type
House
Property Taxes
$99
HOA Dues
-
Year Built
1951

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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

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • 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: 4
  • Garage Square Area: 240
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,726
  • Total Building Area: 1,088
  • Building Area: 1,088
  • 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: FORD PLACE
  • Land Acres: 0000000154
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 19 FORD PLACE

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001000

Geography

  • District: 04
  • Parcel: 41-20-11-326-020
  • Lot: 19
  • Meridian: SEC 11 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1191
  • Longitude: -88.2718

    Address

  • Full Address: 307 N Carson Ave
  • Address - House Number: 307
  • Street Direction: N
  • Address - Street Name: Carson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Champaign
  • Carrier Code: C027
  • 4-Digit Zip Code: 2442
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $119,178
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2559
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 105,062
  • High Value: 131,956
  • Low Value: 78,169

    Market Valuation

  • Market Total Value: $56,880
  • Market Land Value: $19,560
  • Market Improvement Value: $37,320

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $18,960
  • Assessed Land Value: $6,520
  • Assessed Improvements Value: $12,440

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 01, 2018
  • Current Sale Recording Date: Jul 13, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 55
  • Current Sale Input Document Number: 2018R11927
  • Previous Sale Recording Date: May 26, 2010
  • Previous Sale Contract Date: May 14, 2010
  • Previous Sale Amount: $46,000
  • Previous Sale Document Type: 49
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

1989 ft²

Average Home Age

42.3 years

Currently For Sale

174 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: Eric Porter, The Real Estate Group,Inc
Data Source: MRED, MLS# MRD12068851
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 307 North Carson Avenue built and last sold?
The property at 307 North Carson Avenue was built in 1951 and last sold on Jun 1, 2018 for $52,533.
How much is this home worth?
The estimated value of the home located at 307 North Carson Avenue is $133,765.
What are some comparable homes to 307 North Carson Avenue?
There are currently no comparable homes to 307 North Carson Avenue.
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