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Champaign 61822 Boulder Ridge
3604 Boulder Ridge Drive
$349,000
● House - Off Market

3604 Boulder Ridge Drive

Champaign, IL 61822
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,519 Ft²
$392,783
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Brand new construction offering lots of space! Spacious kitchen has large walk-in pantry, and center island with breakfast bar. Finished basement, gas-log fireplace in family room, kitchen and living areas with wood floors, center island, master suite has wonderful walk-in tiled shower, inviting front porch, front and back yards to be sodded! The basement is finished with a bedroom, bathroom and additional family room!
Unit Size
2,519 Ft²
Days on Market
-
Land Size
-
Price per sqft
$139
Property Type
House
Property Taxes
$402
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 #11091016)

Price History

Date / Event Date Event Price
Oct 29, 2021 Sold
Premium
Sold
May 19, 2021 Listed by RE/MAX REALTY ASSOCIATES-CHA $349,000
Listed by RE/MAX REALTY ASSOCIATES-CHA

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
  • 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: 7,115
  • 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: BOULDER RIDGE 2ND SUB
  • Land Acres: 0000000163
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 214 BOULDER RIDGE 2ND SUB

Neighborhood

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

Geography

  • District: 04
  • Parcel: 41-20-04-370-010
  • Lot: 214
  • Meridian: SEC 04 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1316
  • Longitude: -88.3064

    Address

  • Full Address: 3604 Boulder Ridge Dr
  • Address - House Number: 3604
  • Address - Street Name: Boulder Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R016
  • 4-Digit Zip Code: 2064
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,009,700
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.1952
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 74
  • Final Value: 415,755
  • High Value: 496,916
  • Low Value: 334,595

    Market Valuation

  • Market Total Value: $347,400
  • Market Land Value: $41,460
  • Market Improvement Value: $305,940

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $115,800
  • Assessed Land Value: $13,820
  • Assessed Improvements Value: $101,980

    Sales

  • Current Sale Contract Date: Oct 25, 2021
  • Current Sale Recording Date: Nov 02, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R26003
  • Previous Sale Recording Date: Apr 07, 2005
  • Previous Sale Contract Date: Apr 01, 2005
  • Previous Sale Amount: $363,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Boulder Ridge

Stats & Trends

Median Asking:

$284,900

Sale Price/ft²

$169

Below Asking

0.01%

Average Days on Market

58

Average Home Size

1509 ft²

Average Home Age

11.2 years

Currently For Sale

14 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: Marty Carlson, RE/MAX REALTY ASSOCIATES-CHA
Last Updated: 3 years ago
Data Source: MRED, MLS# 11091016
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 3604 Boulder Ridge Drive built and last sold?
The property at 3604 Boulder Ridge Drive was built in and last sold on Oct 25, 2021 for $349,000.
How much is this home worth?
The estimated value of the home located at 3604 Boulder Ridge Drive is $355,164.
What are some comparable homes to 3604 Boulder Ridge Drive?
There are currently no comparable homes to 3604 Boulder Ridge Drive.
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