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Mahomet 61853
808 Edgewood Drive
$350,000
● House - Off Market

808 Edgewood Drive

Mahomet, IL 61853
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,110 Ft²
$323,608
RealtyHop Estimate
1.16%
Since Jul 1, 2022
National-US
Primary Model

About This Property

Yes, you read that right, a house under $350k in the highly sought after Mahomet school district. And a basement? Yes, again! Seller have a few personal favorites in their home and hate to leave them; gorgeous private view of the well manicured back yard, relaxing front porch to greet the neighbors as they walk by, so much extra space in the basement for a recreation room and hobby room and the large master suite. The majority of the home has been freshly painted in soft neutral tones to create a sense of calm even as you walk through the door. The split floor plan offers the options of formal living and dining or office space, at home schooling or music rooms. This is truly a must see home.
Unit Size
2,110 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$152
Property Type
House
Property Taxes
$456
HOA Dues
-
Year Built
1995

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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 #11408154)

Price History

Date / Event Date Event Price
Jun 29, 2022 Sold
Premium
Sold
May 18, 2022 Listed by eXp Realty,LLC-Maho $319,900
Listed by eXp Realty,LLC-Maho

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • 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: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,907
  • Total Building Area: 1,022
  • Building Area: 1,022
  • 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: TIMBER RIDGE SUB
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 4 TIMBER RIDGE SUB

Neighborhood

  • School District Name: Mahomet-Seymour Community Unit School District 3
  • School Tax School District: 101
  • Census Tract: 010601

Geography

  • District: 15
  • Parcel: 15-13-09-301-004
  • Lot: 4
  • Meridian: SEC 09 TWN 20N RNG 07E
  • Municipality: MAHOMET
  • Latitude: 40.2048
  • Longitude: -88.4223

    Address

  • Full Address: 808 Edgewood Dr
  • Address - House Number: 808
  • Address - Street Name: Edgewood
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Mahomet
  • Carrier Code: R005
  • 4-Digit Zip Code: 8982
  • Zip Code: 61853

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $607,088
  • Tax Rate Code Area: 1502

    Appraisal Valuation

  • Standard Deviation: 0.1118
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 88
  • Final Value: 319,750
  • High Value: 355,524
  • Low Value: 283,977

    Market Valuation

  • Market Total Value: $245,550
  • Market Land Value: $44,790
  • Market Improvement Value: $200,760

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $81,850
  • Assessed Land Value: $14,930
  • Assessed Improvements Value: $66,920

    Sales

  • Current Sale Contract Date: Jul 13, 2021
  • Current Sale Recording Date: Aug 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R18381
  • Previous Sale Recording Date: Dec 27, 2016
  • Previous Sale Contract Date: Dec 23, 2016
  • Previous Sale Amount: $207,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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:

$419,900

Sale Price/ft²

$198

Below Asking

0.02%

Average Days on Market

62

Average Home Size

2363 ft²

Average Home Age

22.6 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

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Nate Evans, eXp Realty,LLC-Maho
Last Updated: 3 years ago
Data Source: MRED, MLS# 11408154
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 808 Edgewood Drive built and last sold?
The property at 808 Edgewood Drive was built in 1995 and last sold on Jul 13, 2021 for $296,000.
How much is this home worth?
The estimated value of the home located at 808 Edgewood Drive is $0.
What are some comparable homes to 808 Edgewood Drive?
There are currently no comparable homes to 808 Edgewood Drive.
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