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Champaign 61822
3206 Stanley Lane
$286,000
● House - Off Market

3206 Stanley Lane

Champaign, IL 61822
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,551 Ft²
$1,963
Est. Monthly

About This Property

Come enjoy this Ashland Park home featuring 3 bedrooms and 2 full baths. This move-in ready home offers an open floor plan with a spacious family room perfect for entertaining, a nicely appointed kitchen with a breakfast area, and a screened-in back patio leading to a fenced yard that overlooks a tranquil nature area. Inside, you'll find a guest bedroom with a Murphy bed, a guest bathroom with a jacuzzi tub and beautiful backsplash, custom shelving above the built-in desk off the kitchen, and additional shelving in the laundry room for convenience. Fresh paint in the living room, dining room, hallway, and guest bathroom adds a clean, updated feel.
Unit Size
1,551 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$186
Property Type
House
Property Taxes
$543
HOA Dues
-
Year Built
-

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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
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: 5,710
  • 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 3
  • Land Acres: 0000000131
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 3033 ASHLAND PARK PHASE 3

Neighborhood

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

Geography

  • District: 04
  • Parcel: 41-14-36-101-079
  • Lot: 3033
  • Meridian: SEC 36 TWN 20N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1537
  • Longitude: -88.2495

    Address

  • Full Address: 3206 Stanley Ln
  • Address - House Number: 3206
  • Address - Street Name: Stanley
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: R007
  • 4-Digit Zip Code: 1149
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $568,484
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2158
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 274,489
  • High Value: 333,748
  • Low Value: 215,229

    Market Valuation

  • Market Total Value: $203,460
  • Market Land Value: $41,640
  • Market Improvement Value: $161,820

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $67,820
  • Assessed Land Value: $13,880
  • Assessed Improvements Value: $53,940

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Jul 12, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R16234
  • Previous Sale Recording Date: Jul 19, 2018
  • Previous Sale Contract Date: Jul 17, 2018
  • Previous Sale Amount: $210,000
  • 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 Champaign

Stats & Trends

Median Asking:

$245,000

Sale Price/ft²

$162

Below Asking

0.01%

Average Days on Market

52

Average Home Size

1965 ft²

Average Home Age

43.1 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: Michael Neault, KELLER WILLIAMS-TREC
Data Source: MRED, MLS# MRD12497543
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 3206 Stanley Lane built and last sold?
The property at 3206 Stanley Lane was built in and last sold on Jul 9, 2021 for $235,000.
How much is this home worth?
The estimated value of the home located at 3206 Stanley Lane is $0.
What are some comparable homes to 3206 Stanley Lane?
There are currently no comparable homes to 3206 Stanley Lane.
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