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Savoy 61822
912 Declaration Drive
$425,000
● House - Off Market

912 Declaration Drive

Savoy, IL 61874
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,859 Ft²
$420,687
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

1800+ sqft upstairs. Split bedroom plan, finished basement with storage room. Walk in pantry, subway tile backsplash, gas range, vents outside. Basement has bedroom, bath, wet bar etc. Extended patio, Fenced yard, Large corner lot.
Unit Size
1,859 Ft²
Days on Market
-
Land Size
-
Price per sqft
$223
Property Type
House
Property Taxes
$731
HOA Dues
-
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 #11349366)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Mar 16, 2022 Listed by The Real Estate Group,Inc $415,000
Listed by The Real Estate Group,Inc

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
  • 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: 0
  • 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: LIBERTY ON THE LAKE 2 PHASE 2
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 221 LIBERTY ON THE LAKE 2 PHASE 2

Neighborhood

  • School District Name: Champaign Community Unit School District 4
  • School Tax School District: 101
  • Census Tract: 001302

Geography

  • District: 03
  • Parcel: 03-20-35-313-001
  • Lot: 221
  • Municipality: CHAMPAIGN
  • Latitude: 40.0617
  • Longitude: -88.2679

    Address

  • Full Address: 912 Declaration Dr
  • Address - House Number: 912
  • Address - Street Name: Declaration
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Savoy
  • Carrier Code: R001
  • 4-Digit Zip Code: 7108
  • Zip Code: 61874

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $906,562
  • Tax Rate Code Area: 309

    Appraisal Valuation

  • Standard Deviation: 0.2002
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 73
  • Final Value: 484,795
  • High Value: 581,893
  • Low Value: 387,697

    Market Valuation

  • Market Total Value: $366,750
  • Market Land Value: $72,150
  • Market Improvement Value: $294,600

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $122,250
  • Assessed Land Value: $24,050
  • Assessed Improvements Value: $98,200

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7830
  • Previous Sale Recording Date: Oct 01, 2019
  • Previous Sale Contract Date: Sep 26, 2019
  • Previous Sale Amount: $351,000
  • 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 Savoy

Stats & Trends

Median Asking:

$382,450

Sale Price/ft²

$179

Below Asking

0.01%

Average Days on Market

68

Average Home Size

2383 ft²

Average Home Age

26.4 years

Currently For Sale

17 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: Marty Carlson, The Real Estate Group,Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 11349366
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 912 Declaration Drive built and last sold?
The property at 912 Declaration Drive was built in and last sold on Apr 29, 2022 for $425,000.
How much is this home worth?
The estimated value of the home located at 912 Declaration Drive is $0.
What are some comparable homes to 912 Declaration Drive?
There are currently no comparable homes to 912 Declaration Drive.
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