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Champaign 61822 Ashland Park
403 Luria Lane
$190,000
● House - Off Market

403 Luria Lane

Champaign, IL 61822
bedrooms
2 Beds
bathrooms
2 Baths
square feet
1,225 Ft²
$1,339
Est. Monthly
$7
HOA / Fees
5.06%
Cap Rate

About This Property

This thoughtfully designed open floor plan offers style and value, providing ample space for comfortable living. Featuring split bedrooms, each with its own full bath, this home ensures privacy and convenience. The kitchen seamlessly flows into the dining area and living room, bathed in natural light. With recently installed solar panels, this fenced-in property stands out with its charming partial stone exterior. Located in Ashland Park, you'll enjoy access to walking paths and a 7-acre park, all while being close to public transport and just minutes from two major interstates, shopping, and entertainment options.
Unit Size
1,225 Ft²
Days on Market
-
Land Size
-
Price per sqft
$163
Property Type
House
Property Taxes
$349
HOA Dues
$7
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: 2 years ago (MRED MLS #12195996)

Price History

Date / Event Date Event Price
Dec 9, 2024 Sold
Premium
Sold
Nov 20, 2024 In contract -
In contract
Nov 16, 2024 Relisted $200,000
Relisted
Oct 31, 2024 In contract -
In contract
Oct 24, 2024 Listed by eXp Realty,LLC-Cha $200,000
Listed by eXp Realty,LLC-Cha
Show More

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: 5,185
  • 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: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 3077 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: 41-14-36-116-018
  • Lot: 3077
  • Meridian: SEC 36 TWN 20N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1542
  • Longitude: -88.2512

    Address

  • Full Address: 403 Luria Ln
  • Address - House Number: 403
  • Address - Street Name: Luria
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: R007
  • 4-Digit Zip Code: 1146
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $389,902
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2575
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 63
  • Final Value: 193,284
  • High Value: 243,065
  • Low Value: 143,504

    Market Valuation

  • Market Total Value: $145,200
  • Market Land Value: $35,700
  • Market Improvement Value: $109,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $48,400
  • Assessed Land Value: $11,900
  • Assessed Improvements Value: $36,500

    Sales

  • Current Sale Contract Date: Jun 04, 2020
  • Current Sale Recording Date: Jun 18, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020R10963
  • Previous Sale Recording Date: Aug 11, 2016
  • Previous Sale Contract Date: Jul 11, 2016
  • Previous Sale Amount: $129,000
  • 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 Ashland Park

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$183

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1449 ft²

Average Home Age

20.5 years

Currently For Sale

2 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: Rick Wilberg, eXp Realty,LLC-Cha
Last Updated: 2 years ago
Data Source: MRED, MLS# 12195996
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 403 Luria Lane built and last sold?
The property at 403 Luria Lane was built in and last sold on Jun 4, 2020 for $140,000.
How much is this home worth?
The estimated value of the home located at 403 Luria Lane is $202,000.
What are some comparable homes to 403 Luria Lane?
There are currently no comparable homes to 403 Luria Lane.
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