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305 Elmwood Dr

Champaign, IL 61821

3 bd 2 ba 1,150 sqft Built 1950 single_family
Most recent sale
$185,000
Apr 8, 2024

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Apr 8, 2024 Sold $185,000 MRED
Jan 2, 2024 Listed $194,900 MRED
Jul 17, 1995 Sold $51,330 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $33,490 $27,860 $61,350 $4,651
2024 $33,490 $27,860 $61,350 $4,768
2023 $29,850 $24,830 $54,680 $3,498
2022 $25,080 $20,860 $45,940 $3,213
2021 $24,590 $20,450 $45,040 $2,535
2020 $23,640 $19,660 $43,300 $2,539
2019 $23,150 $19,260 $42,410 $2,509
2018 $22,790 $18,960 $41,750 $2,767
2017 $21,960 $18,270 $40,230 $2,502
2016 $21,510 $17,890 $39,400 $2,291
2015 $21,130 $17,570 $38,700 $2,350
2014 $21,130 $17,570 $38,700 $2,330
2013 $21,130 $17,570 $38,700 $2,309
2012 $21,560 $17,930 $39,490 $2,704
2011 $21,560 $17,930 $39,490 $2,592
2010 $22,040 $18,330 $40,370 $2,578
2009 $22,040 $18,330 $40,370 $2,535
2008 $22,040 $18,330 $40,370 $2,563
2006 $20,370 $16,940 $37,310 $2,394
2005 $18,600 $15,460 $34,060 $2,213

Property facts

Year built
1950
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,150 sqft
Lot size
ZIP code
61821
City
Champaign
Street
Elmwood Dr
Coordinates
40.11415, -88.26410

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
$2,070
Gross rental yield
13.43%
Implied cap rate
8.73%
Trend-extrapolated value

Frequently asked questions

When did 305 Elmwood Dr last sell?
305 Elmwood Dr most recently sold on Apr 8, 2024 for $185,000.
What is the current tax assessment for 305 Elmwood Dr?
The most recent total assessment for 305 Elmwood Dr (year 2025) is $61,350 with $4,651 in property tax.
How does 305 Elmwood Dr's assessment compare to its last sale price?
The current assessment is 66.8% below the last sale price of $185,000.
When was 305 Elmwood Dr built?
305 Elmwood Dr was built in 1950.
How does 305 Elmwood Dr compare to others on Elmwood Dr?
We track 8 other properties on Elmwood Dr. Browse the list under "Other properties on Elmwood Dr" to compare beds, baths, and sale history.
What are the property facts for 305 Elmwood Dr?
305 Elmwood Dr is a 3 bed, 2 bath, 1,150 sqft single_family.
Is 305 Elmwood Dr a flip candidate?
No — 305 Elmwood Dr does not appear in our flips dataset.
Is 305 Elmwood Dr a tax-appeal candidate?
No — 305 Elmwood 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
-2.0%
Implied 1-yr
-7.8%
2026 Q3
$204.2K
2026 Q4
$199.7K
ZIP 61821 — Median Price History + Forecast

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