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Champaign 61822
3114 Sharp Drive
$188,500
● House - Off Market

3114 Sharp Drive

CHAMPAIGN, IL 61822
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,420 Ft²
$306,841
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Welcome home to your bright, low-maintenance home in popular Ashland Park! Cathedral ceilings and arched doorways lend an elegant feel. The spacious kitchen boasts stainless steel appliances, with granite on all counters in the home. Bonuses that you won't get with a brand-new home: A GREAT price, faux-wood blinds package, storm doors (front AND garage), washer and dryer, built-in bookshelves in the office, over-sized patio with more mature landscaping, built-in flat panel TV, 100% efficient water heater, PLUS a $2,500 flooring credit! The split floor plan offers a private master suite and no steps make access easy. This is one of the few premium homes which faces the park, offering panoramic views from the front door, with the neighborhood path adjacent to the house. Come visit today!
Unit Size
1,420 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$134
Property Type
House
Property Taxes
$311
HOA Dues
-
Year Built
-

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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 #09490255)

Price History

Date / Event Date Event Price
May 30, 2017 Sold
Premium
Sold
Dec 8, 2016 Listed by KELLER WILLIAMS-TREC $189,900
Listed by KELLER WILLIAMS-TREC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,199
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ASHLAND PARK PHASE 4
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 4001 ASHLAND PARK PHASE 4

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000800

Geography

  • District: 04
  • Parcel: 41-14-36-118-016
  • Lot: 4001
  • Meridian: SEC 36 TWN 20N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1531
  • Longitude: -88.2505

    Address

  • Full Address: 3114 Sharp Dr
  • Address - House Number: 3114
  • Address - Street Name: Sharp
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R007
  • 4-Digit Zip Code: 1133
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $531,425
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 253,382
  • High Value: 308,085
  • Low Value: 198,679

    Market Valuation

  • Market Total Value: $173,370
  • Market Land Value: $35,700
  • Market Improvement Value: $137,670

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,790
  • Assessed Land Value: $11,900
  • Assessed Improvements Value: $45,890

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 18, 2017
  • Current Sale Recording Date: Jun 12, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017R10359
  • Previous Sale Recording Date: Jun 01, 2017
  • Previous Sale Contract Date: May 18, 2017
  • Previous Sale Amount: $188,500
  • 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 Champaign

Stats & Trends

Median Asking:

$245,000

Sale Price/ft²

$162

Below Asking

0.01%

Average Days on Market

52

Average Home Size

2000 ft²

Average Home Age

42.1 years

Currently For Sale

175 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: , KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 09490255
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 3114 Sharp Drive built and last sold?
The property at 3114 Sharp Drive was built in and last sold on May 18, 2017 for $188,500.
How much is this home worth?
The estimated value of the home located at 3114 Sharp Drive is $194,132.
What are some comparable homes to 3114 Sharp Drive?
There are currently no comparable homes to 3114 Sharp Drive.
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