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Champaign 61821
802 Stratford Drive
$135,000
● House - Off Market

802 Stratford Drive

Champaign, IL 61821
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,421 Ft²
$139,115
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Don't miss this cute and cozy three bedroom, one bath home on a spacious shady corner lot! The house offers oak kitchen cabinets, range, dishwasher, microwave and pantry. Ceramic tile kitchen floor, laminate flooring in living room and family room, and carpet in bedrooms. The backyard is fenced with a patio that spans the length of the house. An outdoor shed provides extra storage. This home is in a quiet neighborhood and is close to school, shopping, and parks. Roof replaced in 2015, Furnace/AC replaced in 2018.
Unit Size
1,421 Ft²
Days on Market
-
Land Size
-
Price per sqft
$95
Property Type
House
Property Taxes
$186
HOA Dues
-
Year Built
1966

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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 #11727752)

Price History

Date / Event Date Event Price
Mar 31, 2023 Sold
Premium
Sold
Feb 28, 2023 Listed by KELLER WILLIAMS-TREC $135,000
Listed by KELLER WILLIAMS-TREC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • 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: 100
  • Living Units: 1
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 348
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,556
  • Total Building Area: 1,073
  • Building Area: 1,073
  • 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
  • Subdivision: WELLERS HOLIDAY PARK 7TH SEC., 2ND PORTI
  • Land Acres: 0000000151
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 770 WELLERS HOLIDAY PARK 7TH SEC., 2ND PORTION

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001201

Geography

  • District: 04
  • Parcel: 44-20-15-156-001
  • Lot: 770
  • Meridian: SEC 15 TWN 19N RNG 08E
  • Municipality: CITY OF CHAMPAIGN
  • Latitude: 40.1079
  • Longitude: -88.2914

    Address

  • Full Address: 802 Stratford Dr
  • Address - House Number: 802
  • Address - Street Name: Stratford
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Champaign
  • Carrier Code: C066
  • 4-Digit Zip Code: 4141
  • Zip Code: 61821

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $285,070
  • Tax Rate Code Area: 4402

    Appraisal Valuation

  • Standard Deviation: 0.2559
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 63
  • Final Value: 135,112
  • High Value: 169,698
  • Low Value: 100,527

    Market Valuation

  • Market Total Value: $93,000
  • Market Land Value: $25,290
  • Market Improvement Value: $67,710

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,000
  • Assessed Land Value: $8,430
  • Assessed Improvements Value: $22,570

    Sales

  • Current Sale Contract Date: Mar 31, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4148
  • Previous Sale Recording Date: Dec 08, 2010
  • Previous Sale Contract Date: Dec 02, 2010
  • Previous Sale Amount: $86,500
  • Previous Sale Document Type: 68
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

1973 ft²

Average Home Age

42.6 years

Currently For Sale

179 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: Sherry Qiang, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11727752
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 802 Stratford Drive built and last sold?
The property at 802 Stratford Drive was built in 1966 and last sold on Mar 31, 2023 for $135,000.
How much is this home worth?
The estimated value of the home located at 802 Stratford Drive is $0.
What are some comparable homes to 802 Stratford Drive?
There are currently no comparable homes to 802 Stratford Drive.
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