NOT LISTED FOR SALE

3312 Boulder Ridge Dr Champaign, IL 61822

Boulder Ridge Neighborhood

Estimated Value: $231,000 - $483,000

6 Beds
3 Baths
-- Sq Ft
12,197 Sq Ft

Last Sold September 16, 2024

Last sale price $442,500

Est. 30% decrease in value since last sale

Current estimated payment $2,078/month

56 Days on Market

Highlights

  • 4 Car Attached Garage
  • Centennial High School Rated A-
  • Forced Air Heating System

About This Home

As of September 2024

Duplex opportunity available in NW Champaign. 8 have already sold. At only 4 years old, this home is bringing in $43,200 in annual rent. Both units are currently at. 1800/month. There are comps that are renting for as high as 2100/month. Tenants pay for all utilities. HOA Fee is 125/unit/year. Solar Panels have been installed on each unit (and are paid for) with EV Hookups in both garages. The Electric bills are next to nothing, saving your tenants money making them easier to rent. At 4 years old these are essentially maintenance free with no capital improvements needed in the foreseeable future. It's a great "Value-Add" opportunity by simply increasing the rents. Most tenants are long term tenants. There is a community common area less than 1 block away, and Subdivision park with trails, basketball and tennis courts, sledding hills, and skate park. Location is near University of Illinois and Parkland College. Leases on file. NOTE: Owner owns a total of 14 units in this SubD. They are willing to bundle and create unique packages. Ask about the other duplexes available. Owner is only selling to completely dissolve their portfolio and heading to retirement.

Last Agent to Sell the Property

Nate Evans

eXp Realty-Mahomet License #475124281 Listed on: 06/25/2024

eXp Realty-Mahomet

Last Buyer's Agent

Sherry Qiang

KELLER WILLIAMS-TREC License #475156936

KELLER WILLIAMS-TREC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,236

Year Built

  • Built in 2020

Lot Details

  • 0.28 Acre Lot
  • Lot Dimensions are 80x150
  • Additional Parcels

Parking

  • 4 Car Attached Garage
  • Parking Space is Owned

Home Design

  • Duplex
  • Slab Foundation
  • Vinyl Siding

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Potential Bedrooms
  • 3 Bathrooms

Schools

  • Champaign Elementary School
  • Champaign Junior High School
  • Champaign High School

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Homeowner Tax Exemptions

Community Details

Overview

  • 2 Units

Building Details

  • Insurance Expense $946
  • Gross Income $43,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,236

Year Built

Built in 2020

Lot Details

0.28 Acres

Parking

4

Listing Details

  • Property Type: Residential Income
  • Property Type: Two to Four Units
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 2020
  • Age: 1-5 Years
  • Built Before 1978 (Y/N): No
  • General Information: None
  • Rebuilt (Y/N): No
  • Rehab (Y/N): No
  • Legal Description: LOT 324B BOULDER RIDGE 3RD SUB
  • Actual Status: Closed
  • ResoPropertyType: ResidentialIncome
  • SomePhotosVirtuallyStaged: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement: None
  • Total Bathrooms: 3
  • Total Bedrooms: 6
  • Basement Description: Slab
  • Basement Bathrooms: No
  • Below Grade Bedrooms: 0
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher
  • MRD_AppliancesAndFeatures: Stove,Refrigerator,Dishwasher

Exterior Features

  • Waterfront: No
  • Exterior Building Type: Vinyl Siding

Garage/Parking

  • Garage Spaces: 4
  • ParkingTotal: 4
  • Garage On-Site: Yes
  • Garage Ownership: Owned
  • Garage Type: Attached
  • Parking: Garage

Utilities

  • Sewer: Public Sewer
  • Heating: Electric, Forced Air
  • Water Source: Public

Fee Information

  • Other Expenses $: 250

Schools

  • Elementary School: Champaign Elementary School
  • High School: Champaign High School
  • Middle/Junior School: Champaign Junior High School

Lot Info

  • Additional Parcels: Yes
  • Lot Size Acres: 0.28
  • Lot Dimensions: 80X150
  • Lot Size: .25-.49 Acre
  • Special Assessments: N

Rental Info

  • Board Number: 22

Multi Family

  • Insurance Expense: 946
  • GrossIncome: 43200
  • Units in Building: 2
  • Three Bedroom Number of Units: Yes
  • Type-Multi: Duplex Side by Side

Tax Info

  • Tax Annual Amount: 11236.32
  • Tax Year: 2023
  • Tax Exemptions: Homeowner

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Sep 16, 2024
Sold by
Mkt Rentals Llc
Bought by
Mckinley Realty Llc
Seller's Agent
Nate Evans
eXp Realty-Mahomet
Buyer's Agent
Sherry Qiang
KELLER WILLIAMS-TREC
List Price
$460,000
Sold Price
$442,500
Premium/Discount to List
-$17,500
-3.8%
Views
81
Current Estimated Value
$311,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$130,795
Avg. Annual Appreciation
-21.87%
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Mckinley Realty Llc $442,500 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/16/2024 09/16/24 Sold $442,500 -3.8% --
08/21/2024 08/21/24 Pending -- -- --
06/25/2024 06/25/24 For Sale $460,000 -- --
Source: Midwest Real Estate Data (MRED)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,661 $75,510 $10,900 $64,610
2023 $5,661 $68,770 $9,930 $58,840
2022 $5,282 $63,440 $9,160 $54,280
2021 $1,370 $14,960 $4,960 $10,000
2020 $437 $4,770 $4,770 $0
2019 $423 $4,670 $4,670 $0
2018 $548 $6,090 $6,090 $0
2017 $530 $5,860 $5,860 $0
2016 $590 $7,130 $7,130 $0
2015 $27 $7,000 $7,000 $0
2014 $26 $320 $320 $0
2013 $26 $320 $320 $0
Source: Public Records

Agents Affiliated with this Home

  • Nate Evans

    Seller's Agent in 2024

    Nate Evans

    eXp Realty-Mahomet

    (217) 493-9297

    38 in this area

    1,852 Total Sales

    Nate Evans
    Section Image
  • Sherry Qiang

    Buyer's Agent in 2024

    Sherry Qiang

    KELLER WILLIAMS-TREC

    (217) 819-1829

    4 in this area

    179 Total Sales

    Sherry Qiang
    Section Image
See All Agents

Map

Source: Midwest Real Estate Data (MRED)

MLS Number: 12093929

Midwest Real Estate Data (MRED)

APN: 41-20-04-420-058

Illinois Champaign County Champaign 61822 Boulder Ridge

3312 Boulder Ridge Dr, Champaign, IL

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Midwest Real Estate Data (MRED) Based on information submitted to the MLS GRID. 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.
Based on information submitted to the MLS GRID

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.