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Champaign 61822 Ashland Park
712 Krebs Drive
$245,000
● House - Off Market

712 Krebs Drive

Champaign, IL 61822
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,800 Ft²
$1,647
Est. Monthly
$7
HOA / Fees
4.71%
Cap Rate

About This Property

Spacious and flexible two story with an entry foyer that leads past the garage entry and half bath directly to the spacious living room adjacent to the dining area. Kitchen has a breakfast nook and a new dishwasher 2023.  The deck off the dining area was restained this summer, 2023.  The central air was new 2021 and the interior repainted in 2021.  Laundry is on the second floor along with a full bathroom.  Bedrooms have walk-in closets. Conveniently located close to shopping, grocery stores, restaurants, theatres, seven acre Toalson Park, interstate access.
Unit Size
1,800 Ft²
Days on Market
-
Land Size
-
Price per sqft
$139
Property Type
House
Property Taxes
$412
HOA Dues
$7
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11885132)

Price History

Date / Event Date Event Price
Dec 15, 2023 Sold
Premium
Sold
Sep 14, 2023 Listed by RE/MAX REALTY ASSOCIATES-CHA $250,000
Listed by RE/MAX REALTY ASSOCIATES-CHA

Property Highlights

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
  • Living Units: 1
  • 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 2
  • Land Acres: 0000000119
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 2120 ASHLAND PARK PHASE 2

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 000800

Geography

  • District: 04
  • Parcel: 41-14-36-111-017
  • Lot: 2120
  • Meridian: SEC 36 TWN 20N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1539
  • Longitude: -88.2562

    Address

  • Full Address: 712 Krebs Dr
  • Address - House Number: 712
  • Address - Street Name: Krebs
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: R007
  • 4-Digit Zip Code: 1103
  • Zip Code: 61822

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $493,998
  • Tax Rate Code Area: 4102

    Appraisal Valuation

  • Standard Deviation: 0.2164
  • Valuation Date: Mar 13, 2024
  • Confidence Score: 70
  • Final Value: 240,733
  • High Value: 292,839
  • Low Value: 188,628

    Market Valuation

  • Market Total Value: $179,160
  • Market Land Value: $34,680
  • Market Improvement Value: $144,480

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $59,720
  • Assessed Land Value: $11,560
  • Assessed Improvements Value: $48,160

    Sales

  • Current Sale Contract Date: Nov 14, 2023
  • Current Sale Recording Date: Dec 20, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17741
  • Previous Sale Recording Date: Jun 28, 2013
  • Previous Sale Contract Date: Jun 27, 2013
  • Previous Sale Amount: $152,500
  • 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 Ashland Park

Stats & Trends

Median Asking:

$235,000

Sale Price/ft²

$183

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1244 ft²

Average Home Age

20.2 years

Currently For Sale

5 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: Charles Dawson, RE/MAX REALTY ASSOCIATES-CHA
Last Updated: 3 years ago
Data Source: MRED, MLS# 11885132
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 712 Krebs Drive built and last sold?
The property at 712 Krebs Drive was built in and last sold on Nov 14, 2023 for $245,000.
How much is this home worth?
The estimated value of the home located at 712 Krebs Drive is $256,253.
What are some comparable homes to 712 Krebs Drive?
There are currently no comparable homes to 712 Krebs Drive.
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