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Mahomet 61822
576 Us Rt 150
$145,000
● House - Off Market

576 Us Rt 150

Champaign, IL 61822
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,566 Ft²
$172,725
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Situated on nearly an acre in the Mahomet school district you will enjoy a small piece of country living. This ranch has had many updates that include new windows, new roof, hardwood floors, new furnace, siding, deck, bathroom and so much more. Full unfinished basement offers unlimited potential and creates so much storage. Enjoy your 2.5 car garage with a workshop space, shed and an invisible fence already installed. Do not miss this one, easy access to Champaign, Mahomet and the interstate.
Unit Size
1,566 Ft²
Days on Market
-
Land Size
0.80 acres
Price per sqft
$99
Property Type
House
Property Taxes
$211
HOA Dues
-
Year Built
1966

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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 #11140238)

Price History

Date / Event Date Event Price
Nov 24, 2021 Sold
Premium
Sold
Jul 14, 2021 Listed by KELLER WILLIAMS-TREC $154,900
Listed by KELLER WILLIAMS-TREC

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 10
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 768
  • Parking Space Count: 3
  • Patio Type: 79
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 34,848
  • Total Building Area: 1,524
  • Building Area: 1,524
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000800
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040

Neighborhood

  • School District Name: Mahomet-Seymour Community Unit School District 3
  • School Tax School District: 101
  • Census Tract: 010603

Geography

  • District: 15
  • Parcel: 15-13-24-200-005
  • Meridian: SEC 24 TWN 20N RNG 07E
  • Municipality: MAHOMET
  • Latitude: 40.1804
  • Longitude: -88.3553

    Address

  • Full Address: 576 Us Route 150 N
  • Address - House Number: 576
  • Street Segment Direction: N
  • Address - Street Name: Us Route 150
  • State: IL
  • City Name: Champaign
  • Carrier Code: R003
  • 4-Digit Zip Code: 9520
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $274,650
  • Tax Rate Code Area: 1550

    Appraisal Valuation

  • Standard Deviation: 0.2264
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 68
  • Final Value: 172,408
  • High Value: 211,456
  • Low Value: 133,359

    Market Valuation

  • Market Total Value: $120,870
  • Market Land Value: $36,000
  • Market Improvement Value: $84,870

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $40,290
  • Assessed Land Value: $12,000
  • Assessed Improvements Value: $28,290

    Sales

  • Current Sale Contract Date: Nov 24, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R27958
  • Previous Sale Recording Date: Nov 18, 2013
  • Previous Sale Contract Date: Nov 15, 2013
  • Previous Sale Amount: $110,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Mahomet

Stats & Trends

Median Asking:

$417,400

Sale Price/ft²

$199

Below Asking

0.02%

Average Days on Market

60

Average Home Size

2361 ft²

Average Home Age

21.4 years

Currently For Sale

41 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: Jennifer Snodsmith, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11140238
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 576 U.S. 150 built and last sold?
The property at 576 U.S. 150 was built in 1966 and last sold on Nov 24, 2021 for $145,000.
How much is this home worth?
The estimated value of the home located at 576 U.S. 150 is $0.
What are some comparable homes to 576 U.S. 150?
There are currently no comparable homes to 576 U.S. 150.
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