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2503 Covington Dr

Champaign, IL 61822

3 bd 2 ba 1,410 sqft Built 1987 single_family
Most recent sale
$202,400
Jul 22, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 22, 2022 Sold $202,400 MLS #11421568
Jun 3, 2022 Listed $199,900 MLS #11421568
Jul 11, 2007 Sold $142,500 Public Record
May 1, 2002 Sold $118,000 Public Record
Jul 31, 1998 Sold $88,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $50,070 $15,170 $65,240 $4,244
2023 $44,630 $13,520 $58,150 $4,234
2022 $37,500 $11,360 $48,860 $3,941
2021 $36,760 $11,140 $47,900 $3,378
2020 $35,350 $10,710 $46,060 $3,214
2019 $34,620 $10,490 $45,110 $2,808
2018 $34,070 $10,320 $44,390 $2,789
2017 $33,500 $10,150 $43,650 $2,950
2016 $32,810 $9,940 $42,750 $2,626
2015 $32,230 $9,760 $41,990 $2,629
2014 $32,230 $9,760 $41,990 $3,028
2013 $32,230 $9,760 $41,990 $3,000
2012 $32,890 $9,960 $42,850 $2,974
2011 $32,890 $9,960 $42,850 $2,850
2010 $33,630 $10,180 $43,810 $2,835
2009 $33,630 $10,180 $43,810 $2,787
2008 $33,630 $10,180 $43,810 $2,890
2006 $32,320 $9,790 $42,110 $2,747
2005 $30,410 $9,210 $39,620 $2,633

Property facts

Year built
1987
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,410 sqft
Lot size
ZIP code
61822
City
Champaign
Street
Covington Dr
Coordinates
40.12342, -88.28763

Comparable properties nearby

Block-level micro-comps

Same street, ±3 house numbers, sold in the last 24 months

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$1,214
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2503 Covington Dr last sell?
2503 Covington Dr most recently sold on Jul 22, 2022 for $202,400.
What is the current tax assessment for 2503 Covington Dr?
The most recent total assessment for 2503 Covington Dr (year 2024) is $65,240 with $4,244 in property tax.
How does 2503 Covington Dr's assessment compare to its last sale price?
The current assessment is 67.8% below the last sale price of $202,400.
When was 2503 Covington Dr built?
2503 Covington Dr was built in 1987.
How does 2503 Covington Dr compare to others on Covington Dr?
We track 8 other properties on Covington Dr. Browse the list under "Other properties on Covington Dr" to compare beds, baths, and sale history.
What are the property facts for 2503 Covington Dr?
2503 Covington Dr is a 3 bed, 2 bath, 1,410 sqft single_family.
Is 2503 Covington Dr a flip candidate?
No — 2503 Covington Dr does not appear in our flips dataset.
Is 2503 Covington Dr a tax-appeal candidate?
No — 2503 Covington Dr is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
-1.5%
Implied 1-yr
-6.1%
2026 Q3
$315K
2026 Q4
$309.6K
ZIP 61822 — Median Price History + Forecast

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