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Champaign 61822 West End Lake
621 Erin Drive
$158,000
● House - Off Market

621 Erin Drive

CHAMPAIGN, IL 61822
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,560 Ft²
$255,601
RealtyHop Estimate
59.85%
Since Aug 1, 2017
National-US
Primary Model

About This Property

Wonderful floor plan with 3 bedrooms and 2.5 baths with main floor Master Suite. Open plan, oak kitchen with breakfast bar and newer Samsung appliances. Vaulted ceilings, gas fireplace in living room. Upper level complete with 2 bedrooms and shared bath. Separate laundry room. Nice deck off the dining/kitchen overlooking water. Walk out concrete dock great for fishing or small boating.
Unit Size
1,560 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$103
Property Type
House
Property Taxes
$285
HOA Dues
-
Year Built
1998

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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 #09615206)

Price History

Date / Event Date Event Price
Jul 6, 2017 Sold
Premium
Sold
May 4, 2017 Listed by Coldwell Banker The R.E. Group $159,900
Listed by Coldwell Banker The R.E. Group

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Bedroom Count: 0
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 55
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 5,500
  • Total Building Area: 1,016
  • Building Area: 1,016
  • Building Area Measurement: M

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TIMBERLINE VALLEY SOUTH SUB NO 1
  • Land Acres: 0000000126
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 159A TIMBERLINE VALLEY SOUTH SUB NO 1

Neighborhood

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

Geography

  • District: 04
  • Parcel: 41-20-09-228-037
  • Lot: 159A
  • Meridian: SEC 09 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1238
  • Longitude: -88.3039

    Address

  • Full Address: 621 Erin Dr
  • Address - House Number: 621
  • Address - Street Name: Erin
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R011
  • 4-Digit Zip Code: 8002
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $494,550
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2234
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 69
  • Final Value: 238,689
  • High Value: 292,031
  • Low Value: 185,347

    Market Valuation

  • Market Total Value: $179,340
  • Market Land Value: $29,340
  • Market Improvement Value: $150,000

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,780
  • Assessed Land Value: $9,780
  • Assessed Improvements Value: $50,000

    Exemptions

  • Homeowner Exemption: Yes
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 West End Lake

Stats & Trends

Median Asking:

$262,450

Sale Price/ft²

$165

Below Asking

0.02%

Average Days on Market

45

Average Home Size

1655 ft²

Average Home Age

30.5 years

Currently For Sale

4 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: , Coldwell Banker The R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 09615206
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 621 Erin Drive built and last sold?
The property at 621 Erin Drive was built in 1998 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 621 Erin Drive is $0.
What are some comparable homes to 621 Erin Drive?
There are currently no comparable homes to 621 Erin Drive.
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