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Champaign 61822
4805 Peifer Lane
$720,000
● House - Off Market

4805 Peifer Lane

Champaign, IL 61822
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
3,364 Ft²
$5,019
Est. Monthly
$25
HOA / Fees
3.71%
Cap Rate

About This Property

Stunning 2-story brick home overlooking the lake in the Trails Edge subdivision! This spacious 7-bedroom home features a finished basement with daylight windows. Updated throughout, it boasts generous living spaces and great outdoor living. Desirable location in Southwest Champaign to call home.
Unit Size
3,364 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$216
Property Type
House
Property Taxes
$1,434
HOA Dues
$25
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.

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: 12,660
  • 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: TRAILS EDGE 2 SUB
  • Land Acres: 0000000291
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 228 TRAILS EDGE 2 SUB

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001205

Geography

  • District: 04
  • Parcel: 45-20-20-181-014
  • Lot: 228
  • Meridian: SEC 20 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.0936
  • Longitude: -88.3264

    Address

  • Full Address: 4805 Peifer Ln
  • Address - House Number: 4805
  • Address - Street Name: Peifer
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Champaign
  • Carrier Code: R015
  • 4-Digit Zip Code: 3598
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,614,324
  • Tax Rate Code Area: 4502

    Appraisal Valuation

  • Standard Deviation: 0.2273
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 753,365
  • High Value: 924,627
  • Low Value: 582,103

    Market Valuation

  • Market Total Value: $544,650
  • Market Land Value: $113,850
  • Market Improvement Value: $430,800

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $181,550
  • Assessed Land Value: $37,950
  • Assessed Improvements Value: $143,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 04, 2005
  • Current Sale Recording Date: Nov 07, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2005R33740
  • Previous Sale Recording Date: Jun 02, 2005
  • Previous Sale Contract Date: Apr 22, 2005
  • Previous Sale Amount: $97,000
  • 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

1989 ft²

Average Home Age

42.3 years

Currently For Sale

174 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: Lisa Duncan, KELLER WILLIAMS-TREC
Data Source: MRED, MLS# MRD12299952
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 4805 Peifer Lane built and last sold?
The property at 4805 Peifer Lane was built in and last sold on Nov 4, 2005 for $525,000.
How much is this home worth?
The estimated value of the home located at 4805 Peifer Lane is $0.
What are some comparable homes to 4805 Peifer Lane?
There are currently no comparable homes to 4805 Peifer Lane.
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