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509 Krebs Dr

Champaign, IL 61822

3 bd 3 ba 2,013 sqft Built 2014 Lot 5,000 sqft single_family
Most recent sale
$301,000
Jun 29, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 29, 2022 Sold $301,000 MLS #11406509
May 17, 2022 Listed $290,000 MLS #11406509
Feb 10, 2017 Sold $205,900 MLS #09490332
Jan 31, 2017 Listed $209,900 MLS #09490332
Dec 14, 2016 Listing removed $209,900 ChampaignArea
Dec 2, 2016 Listed $209,900 MLS #2165305
Nov 21, 2016 Listing removed $215,900 ChampaignArea
Oct 21, 2016 Price changed $215,900 MLS #2162581
Aug 9, 2016 Price changed $216,500 MLS #2162581
Jul 5, 2016 Price changed $219,900 MLS #2162581
May 26, 2016 Listed $227,500 MLS #2162581
Feb 4, 2015 Sold $216,500 Public Record
Dec 24, 2014 Listing removed $218,700 ChampaignArea
Feb 7, 2014 Listed $218,700 MLS #2140480
Mar 25, 2013 Listing removed $197,900 ChampaignArea
Feb 18, 2013 Listing removed $187,500 ChampaignArea
Sep 8, 2011 Listed $187,500 MLS #2110875

Tax assessment history

YearBuildingLandTotal assessedTax paid
2024 $81,630 $15,890 $97,520 $7,055
2023 $72,750 $14,160 $86,910 $6,597
2022 $61,130 $11,900 $73,030 $6,163
2021 $59,930 $11,670 $71,600 $6,005
2020 $58,180 $11,330 $69,510 $5,823
2019 $56,980 $11,100 $68,080 $5,625
2018 $56,080 $10,930 $67,010 $5,490
2017 $54,930 $10,700 $65,630 $5,388
2016 $53,800 $10,480 $64,280 $4,821
2015 $52,850 $10,290 $63,140 $5,357
2014 $52,850 $10,290 $63,140 $5,312
2013 $52,850 $10,290 $63,140 $858
2012 $53,930 $10,500 $64,430 $842
2011 $53,930 $10,500 $64,430 $5,074
2010 $320 $320 $24
2009 $320 $320 $23
2008 $320 $320 $23

Property facts

Year built
2014
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
2,013 sqft
Lot size
5,000 sqft
ZIP code
61822
City
Champaign
Street
Krebs Dr
Coordinates
40.15344, -88.25297

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
$1,806
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 509 Krebs Dr last sell?
509 Krebs Dr most recently sold on Jun 29, 2022 for $301,000.
What is the current tax assessment for 509 Krebs Dr?
The most recent total assessment for 509 Krebs Dr (year 2024) is $97,520 with $7,055 in property tax.
How does 509 Krebs Dr's assessment compare to its last sale price?
The current assessment is 67.6% below the last sale price of $301,000.
When was 509 Krebs Dr built?
509 Krebs Dr was built in 2014.
How does 509 Krebs Dr compare to others on Krebs Dr?
We track 8 other properties on Krebs Dr. Browse the list under "Other properties on Krebs Dr" to compare beds, baths, and sale history.
What are the property facts for 509 Krebs Dr?
509 Krebs Dr is a 3 bed, 3 bath, 2,013 sqft, 5,000 sqft lot single_family.
Is 509 Krebs Dr a flip candidate?
No — 509 Krebs Dr does not appear in our flips dataset.
Is 509 Krebs Dr a tax-appeal candidate?
No — 509 Krebs 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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