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2302 Lantern Hill Dr

Urbana, IL 61802

3 bd 1 ba 960 sqft Built 1979 Lot 6,500 sqft single_family
Most recent sale
$102,000
Aug 30, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Aug 30, 2022 Sold $102,000 MLS #11409446
May 25, 2022 Listed $99,900 MLS #11409446

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $21,470 $14,010 $35,480 $2,981
2024 $21,470 $14,010 $35,480 $2,839
2023 $20,290 $13,240 $33,530 $2,615
2022 $17,040 $11,120 $28,160 $2,398
2021 $15,880 $10,360 $26,240 $2,184
2020 $14,550 $9,490 $24,040 $1,941
2019 $14,550 $9,490 $24,040 $1,885
2018 $14,650 $9,560 $24,210 $1,881
2017 $14,340 $9,360 $23,700 $1,892
2016 $15,090 $9,850 $24,940 $2,013
2015 $15,090 $9,850 $24,940 $2,035
2014 $15,880 $10,370 $26,250 $2,147
2013 $16,720 $10,920 $27,640 $2,264
2012 $20,290 $10,180 $30,470 $2,293
2011 $20,290 $10,180 $30,470 $2,271
2010 $22,410 $10,780 $33,190 $2,309
2009 $22,410 $10,780 $33,190 $2,268
2008 $22,060 $10,650 $32,710 $2,238
2006 $21,120 $10,190 $31,310 $2,170
2005 $23,290 $6,550 $29,840 $2,063

Property facts

Year built
1979
Property type
single_family
Stories
1
Beds
3
Baths
1
Living area
960 sqft
Lot size
6,500 sqft
ZIP code
61802
City
Urbana
Street
Lantern Hill Dr
Coordinates
40.10502, -88.17784

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
$612
Gross rental yield
7.20%
Implied cap rate
4.68%
Trend-extrapolated value

Frequently asked questions

When did 2302 Lantern Hill Dr last sell?
2302 Lantern Hill Dr most recently sold on Aug 30, 2022 for $102,000.
What is the current tax assessment for 2302 Lantern Hill Dr?
The most recent total assessment for 2302 Lantern Hill Dr (year 2025) is $35,480 with $2,981 in property tax.
How does 2302 Lantern Hill Dr's assessment compare to its last sale price?
The current assessment is 65.2% below the last sale price of $102,000.
When was 2302 Lantern Hill Dr built?
2302 Lantern Hill Dr was built in 1979.
How does 2302 Lantern Hill Dr compare to others on Lantern Hill Dr?
We track 8 other properties on Lantern Hill Dr. Browse the list under "Other properties on Lantern Hill Dr" to compare beds, baths, and sale history.
What are the property facts for 2302 Lantern Hill Dr?
2302 Lantern Hill Dr is a 3 bed, 1 bath, 960 sqft, 6,500 sqft lot single_family.
Is 2302 Lantern Hill Dr a flip candidate?
No — 2302 Lantern Hill Dr does not appear in our flips dataset.
Is 2302 Lantern Hill Dr a tax-appeal candidate?
No — 2302 Lantern Hill 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
+5.6%
Implied 1-yr
+22.3%
2026 Q3
$341.5K
2026 Q4
$355.5K
ZIP 61802 — Median Price History + Forecast

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