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Champaign 61822 West End Lake
3205 Old Warson Road
$150,000
● House - Off Market

3205 Old Warson Road

Champaign, IL 61822
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,259 Ft²
$144,505
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

This ranch home will impress you with large bedrooms and a beautiful yard!  Step inside to an open floor plan.  The living room features a gas fireplace and a wide-open layout to the kitchen.  In the kitchen you'll find plenty of cabinets and counterspace along with a great view to the backyard.  Both bedrooms are large with good closet space.  The owner's suite includes a private bath with step-in shower.  The hall bath includes a tub/shower combo and updated flooring.  The yard backs to a tucked away corner of neighborhood commons which makes the lot feel twice as large!  A garden shed sits in the back of the lot with small covered patio.  Perfect to enjoy the view!  This home has been very well cared for and is ready for your updates.  Features and Updates:  Anderson windows.  H2O heater new in 2021.  AC in 2015.
Unit Size
1,259 Ft²
Days on Market
-
Land Size
-
Price per sqft
$115
Property Type
House
Property Taxes
$283
HOA Dues
-
Year Built
1994

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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 #11797035)

Price History

Date / Event Date Event Price
Jul 10, 2023 Listed by KELLER WILLIAMS-TREC $144,900
Listed by KELLER WILLIAMS-TREC

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1994
  • Effective Year Built: 1994
  • 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: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,614
  • Total Building Area: 1,240
  • Building Area: 1,240
  • 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: WESTLAKE 7TH SUB
  • Land Acres: 0000000198
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 77 WESTLAKE 7TH SUB

Neighborhood

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

Geography

  • District: 04
  • Parcel: 41-20-09-283-030
  • Lot: 77
  • Meridian: SEC 09 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1207
  • Longitude: -88.2992

    Address

  • Full Address: 3205 Old Warson Rd
  • Address - House Number: 3205
  • Address - Street Name: Old Warson
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Champaign
  • Carrier Code: R005
  • 4-Digit Zip Code: 7390
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $339,142
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2594
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 192,838
  • High Value: 242,863
  • Low Value: 142,814

    Market Valuation

  • Market Total Value: $160,800
  • Market Land Value: $37,020
  • Market Improvement Value: $123,780

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,600
  • Assessed Land Value: $12,340
  • Assessed Improvements Value: $41,260

    Sales

  • Current Sale Contract Date: Jul 10, 2023
  • Current Sale Recording Date: Jul 12, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9463
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 West End Lake

Stats & Trends

Median Asking:

$259,900

Sale Price/ft²

$164

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1753 ft²

Average Home Age

31.3 years

Currently For Sale

3 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: Mark Waldhoff, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11797035
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 3205 Old Warson Road built and last sold?
The property at 3205 Old Warson Road was built in 1994 and last sold on Jul 10, 2023 for $150,000.
How much is this home worth?
The estimated value of the home located at 3205 Old Warson Road is $0.
What are some comparable homes to 3205 Old Warson Road?
There are currently no comparable homes to 3205 Old Warson Road.
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