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Champaign 61822
319 Paul Avenue
$41,000
● House - Off Market

319 Paul Avenue

Champaign, IL 61822
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,152 Ft²
$44,409
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Do Not Use back door.  Some structural issues, house need remodeling, kitchen & bathroom floors in need of repairs. Roof in good condition. Detached garage in good condition      House to be sold in "AS IS" condition
Unit Size
1,152 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$38
Property Type
House
Property Taxes
$111
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 #11408384)

Price History

Date / Event Date Event Price
Jun 30, 2022 Sold
Premium
Sold
May 18, 2022 Listed by Champaign County Realty $43,900
Listed by Champaign County Realty

Property Highlights

Garage
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
  • Living Units: 1
  • 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: 8,148
  • 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: WILBER HEIGHTS
  • Land Acres: 0000000187
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOTS PT 138, 139, 140 WILBER HEIGHTS

Neighborhood

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

Geography

  • District: 25
  • Parcel: 25-15-31-357-024
  • Lot: 140
  • Meridian: SEC 31 TWN 20N RNG 09E
  • Municipality: SOMER
  • Latitude: 40.1425
  • Longitude: -88.2337

    Address

  • Full Address: 319 Paul Ave
  • Address - House Number: 319
  • Address - Street Name: Paul
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Champaign
  • Carrier Code: R004
  • 4-Digit Zip Code: 1349
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $140,760
  • Tax Rate Code Area: 2512

    Appraisal Valuation

  • Standard Deviation: 0.2594
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 87,002
  • High Value: 109,572
  • Low Value: 64,433

    Market Valuation

  • Market Total Value: $52,740
  • Market Land Value: $7,920
  • Market Improvement Value: $44,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $17,580
  • Assessed Land Value: $2,640
  • Assessed Improvements Value: $14,940

    Sales

  • Current Sale Contract Date: Jun 30, 2022
  • Current Sale Recording Date: Jul 05, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12098
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:

$256,000

Sale Price/ft²

$162

Below Asking

0.02%

Average Days on Market

56

Average Home Size

1947 ft²

Average Home Age

45.8 years

Currently For Sale

431 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: Phillip Trautman, Champaign County Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11408384
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 319 Paul Avenue built and last sold?
The property at 319 Paul Avenue was built in and last sold on Jun 30, 2022 for $82,500.
How much is this home worth?
The estimated value of the home located at 319 Paul Avenue is $0.
What are some comparable homes to 319 Paul Avenue?
There are currently no comparable homes to 319 Paul Avenue.
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