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Champaign 61822 Robeson Meadows West - Prarie Ridge Place
3307 Sandhill Lane
$390,000
● House - Off Market

3307 Sandhill Lane

Champaign, IL 61822
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,975 Ft²
$452,054
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Move right in to this well-cared-for home!  Enjoy the peacefulness of morning coffee or an evening breeze on the raised deck with no backyard neighbors!  Open floor plan with a split master suite.  Kitchen and living room look out at the wide open views to the rear of the house.  The walkout basement offers a large family room area with access to the patio, an office and another room perfect for a media room.  Plenty of storage with lots of closets, two large storage areas in the basement plus a 3-car garage.  Don't miss this opportunity for a quiet but easily accessible Southwest Champaign location!
Unit Size
1,975 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$200
Property Type
House
Property Taxes
$784
HOA Dues
$13
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 #11147009)

Price History

Date / Event Date Event Price
Aug 18, 2021 Sold
Premium
Sold
Jul 9, 2021 Listed by Champaign County Realty $395,000
Listed by Champaign County Realty

Property Highlights

Garage
Air Conditioning
Fireplace

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: 11,515
  • 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: ROBESON MEADOWS WEST SUB NO 6
  • Land Acres: 0000000264
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 608 ROBESON MEADOWS WEST SUB NO 6

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001204

Geography

  • District: 04
  • Parcel: 46-20-28-201-086
  • Lot: 608
  • Meridian: SEC 28 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0769
  • Longitude: -88.3015

    Address

  • Full Address: 3307 Sandhill Ln
  • Address - House Number: 3307
  • Address - Street Name: Sandhill
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: R013
  • 4-Digit Zip Code: 5901
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,042,712
  • Tax Rate Code Area: 4602

    Appraisal Valuation

  • Standard Deviation: 0.204
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 72
  • Final Value: 463,461
  • High Value: 558,022
  • Low Value: 368,899

    Market Valuation

  • Market Total Value: $358,170
  • Market Land Value: $61,140
  • Market Improvement Value: $297,030

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $119,390
  • Assessed Land Value: $20,380
  • Assessed Improvements Value: $99,010

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R20107
  • Previous Sale Recording Date: Sep 17, 2004
  • Previous Sale Contract Date: Sep 01, 2004
  • Previous Sale Amount: $300,000
  • 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 Robeson Meadows West - Prarie Ridge Place

Stats & Trends

Median Asking:

$479,950

Sale Price/ft²

$191

Below Asking

0.01%

Average Days on Market

65

Average Home Size

2670 ft²

Average Home Age

24.1 years

Currently For Sale

0 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: Greg Stock, Champaign County Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11147009
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 3307 Sandhill Lane built and last sold?
The property at 3307 Sandhill Lane was built in and last sold on Aug 4, 2021 for $390,000.
How much is this home worth?
The estimated value of the home located at 3307 Sandhill Lane is $0.
What are some comparable homes to 3307 Sandhill Lane?
There are currently no comparable homes to 3307 Sandhill Lane.
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