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2608 Somerset Dr

Urbana, IL 61802

3 bd 2 ba 1,508 sqft Built 1997 Lot 14,375 sqft single_family
Most recent sale
$257,000
Jun 24, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jun 24, 2022 Sold $257,000 MLS #11400405
May 14, 2022 Listed $249,900 MLS #11400405
Nov 13, 2013 Sold $148,500 Public Record
Oct 10, 2013 Listing removed $149,900 ChampaignArea
Oct 5, 2013 Listed $149,900 MLS #2136358

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $47,790 $17,430 $65,220 $5,988
2024 $47,790 $17,430 $65,220 $5,738
2023 $45,170 $16,470 $61,640 $5,344
2022 $37,950 $13,840 $51,790 $4,956
2021 $35,370 $12,900 $48,270 $4,563
2020 $34,340 $12,520 $46,860 $4,395
2019 $34,340 $12,520 $46,860 $4,269
2018 $34,580 $12,610 $47,190 $4,255
2017 $34,580 $12,610 $47,190 $4,402
2016 $33,250 $12,120 $45,370 $4,184
2015 $33,250 $12,120 $45,370 $4,230
2014 $33,250 $12,120 $45,370 $4,173
2013 $33,250 $12,120 $45,370 $3,302
2012 $33,250 $12,120 $45,370 $3,051
2011 $33,250 $12,120 $45,370 $2,881
2010 $36,110 $9,470 $45,580 $2,765
2009 $36,110 $9,470 $45,580 $2,159
2008 $36,110 $9,470 $45,580 $2,196
2006 $34,870 $9,150 $44,020 $2,260
2005 $33,720 $8,850 $42,570 $2,358

Property facts

Year built
1997
Property type
single_family
Stories
1
Beds
3
Baths
2
Living area
1,508 sqft
Lot size
14,375 sqft
ZIP code
61802
City
Urbana
Street
Somerset Dr
Coordinates
40.14044, -88.17415

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
$2,714
Gross rental yield
12.67%
Implied cap rate
8.24%
Trend-extrapolated value

Frequently asked questions

When did 2608 Somerset Dr last sell?
2608 Somerset Dr most recently sold on Jun 24, 2022 for $257,000.
What is the current tax assessment for 2608 Somerset Dr?
The most recent total assessment for 2608 Somerset Dr (year 2025) is $65,220 with $5,988 in property tax.
How does 2608 Somerset Dr's assessment compare to its last sale price?
The current assessment is 74.6% below the last sale price of $257,000.
When was 2608 Somerset Dr built?
2608 Somerset Dr was built in 1997.
How does 2608 Somerset Dr compare to others on Somerset Dr?
We track 8 other properties on Somerset Dr. Browse the list under "Other properties on Somerset Dr" to compare beds, baths, and sale history.
What are the property facts for 2608 Somerset Dr?
2608 Somerset Dr is a 3 bed, 2 bath, 1,508 sqft, 14,375 sqft lot single_family.
Is 2608 Somerset Dr a flip candidate?
No — 2608 Somerset Dr does not appear in our flips dataset.
Is 2608 Somerset Dr a tax-appeal candidate?
No — 2608 Somerset 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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