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3135 Palmer Dr

Champaign, IL 61822

3 bd 3 ba 1,982 sqft Built 2020 Lot 4,792 sqft single_family
Most recent sale
$385,000
Sep 15, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Sep 15, 2022 Sold $385,000 MLS #11616872
Aug 30, 2022 Listed $399,900 MLS #11616872
Dec 9, 2020 Sold $264,500 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $102,920 $16,370 $119,290 $9,520
2024 $102,920 $16,370 $119,290 $8,748
2023 $91,730 $14,590 $106,320 $8,190
2022 $77,070 $12,260 $89,330 $7,662
2021 $75,560 $12,020 $87,580 $7,185
2020 $12,020 $12,020 $1,061
2019 $11,770 $11,770 $1,027

Property facts

Year built
2020
Property type
single_family
Stories
2
Beds
3
Baths
3
Living area
1,982 sqft
Lot size
4,792 sqft
ZIP code
61822
City
Champaign
Street
Palmer Dr
Coordinates
40.07387, -88.31825

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
$3,568
Gross rental yield
11.12%
Implied cap rate
7.23%
Trend-extrapolated value

Frequently asked questions

When did 3135 Palmer Dr last sell?
3135 Palmer Dr most recently sold on Sep 15, 2022 for $385,000.
What is the current tax assessment for 3135 Palmer Dr?
The most recent total assessment for 3135 Palmer Dr (year 2025) is $119,290 with $9,520 in property tax.
How does 3135 Palmer Dr's assessment compare to its last sale price?
The current assessment is 69.0% below the last sale price of $385,000.
When was 3135 Palmer Dr built?
3135 Palmer Dr was built in 2020.
How does 3135 Palmer Dr compare to others on Palmer Dr?
We track 8 other properties on Palmer Dr. Browse the list under "Other properties on Palmer Dr" to compare beds, baths, and sale history.
What are the property facts for 3135 Palmer Dr?
3135 Palmer Dr is a 3 bed, 3 bath, 1,982 sqft, 4,792 sqft lot single_family.
Is 3135 Palmer Dr a flip candidate?
Yes — 3135 Palmer Dr appears in our flips dataset, indicating it sold twice within a short window with a notable price change.
Is 3135 Palmer Dr a tax-appeal candidate?
No — 3135 Palmer 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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