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Mendota 61342
1003 1st Street
$96,000
● House - Off Market

1003 1st Street

Mendota, IL 61342
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,536 Ft²
$105,558
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

HERE IT IS! ENJOY A $2,000 BUYER CREDIT!!! A LOVELY MULTILEVEL 4 BEDROOM HOME ON CORNER LOT. THE KITCHEN WAS UPDATED IN 98' WITH HICKORY CABINETS AND PERGO FLOORING. KITCHEN BOAST LOTS OF CABINETS/EAT IN KITCHEN AREA/GAS STOVE/BUILT IN MICROWAVE/DISHWASHER/LAZY SUSAN AND PANTRY. STEP OUT ONTO THE DECK AND ENJOY THE PEACEFUL OUTDOORS WITH THE EDGE OF TOWN VIBE! THERE ARE 4 BEDROOMS/1.5 BATHROOMS/1.5 CAR GARAGE WITH OPENER/ CEMENT DRIVEWAY WITH BASKETBALL HOOP/STORAGE AREA UNDER DECK AND SO MUCH MORE! EXTERIOR Is MAINTENANCE FREE VINYL SIDING (1998)~TILT IN VINYL REPLACEMENT WINDOWS (1997)~FASCIA~SOFFIT~DOWN SPOUTS. NEW ROOF (1998), NEW FURNACE W/HUMIDIFIER (2015), NEW A/C (2018), NEW 40 GALLON WATER HEATER (2015), SUMP PUMP WITH BATTERY BACK UP, FOUNDATION TRAY SYSTEM INSTALLED (2008). BEING SOLD AS IS.
Unit Size
1,536 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$65
Property Type
House
Property Taxes
$174
HOA Dues
-
Year Built
1973

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 2 years ago (MRED MLS #11669520)

Price History

Date / Event Date Event Price
Dec 23, 2022 Sold
Premium
Sold
Nov 8, 2022 Listed by Town & Country Realty Sales $99,500
Listed by Town & Country Realty Sales

Property Highlights

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,970
  • Total Building Area: 1,536
  • Gross Building Area: 1,536
  • Building Area: 1,536
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,536
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: MENDOTA (ORIGINAL TOWN) REPLAT OF BLK 81
  • Land Acres: 0000000160
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TOWN OF MENDOTA, RE PLAT OF BLK 81, LT 7 BLK 81 SEC 33-36-1

Neighborhood

  • School District Name: Mendota Township High School District 280
  • Census Tract: 962000

Geography

  • District: MD
  • Parcel: 01-33-336-004
  • Block: 81
  • Lot: 7
  • Meridian: SEC 33 TWN 36 RNG 01
  • Municipality: MENDOTA TOWNSHIP
  • Latitude: 41.5414
  • Longitude: -89.1235

    Address

  • Full Address: 1003 1st St
  • Address - House Number: 1003
  • Address - Street Name: 1st
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mendota
  • Carrier Code: C002
  • 4-Digit Zip Code: 2058
  • Zip Code: 61342

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $213,188
  • Tax Rate Code Area: MD002

    Appraisal Valuation

  • Standard Deviation: 0.1069
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 89
  • Final Value: 94,801
  • High Value: 104,942
  • Low Value: 84,660

    Market Valuation

  • Market Total Value: $88,725
  • Market Land Value: $14,604
  • Market Improvement Value: $74,121

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $29,575
  • Assessed Land Value: $4,868
  • Assessed Improvements Value: $24,707
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Mendota

Stats & Trends

Median Asking:

$157,000

Sale Price/ft²

$112

Below Asking

0.02%

Average Days on Market

57

Average Home Size

1534 ft²

Average Home Age

92.8 years

Currently For Sale

10 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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MRED

Listed by: Rebecca McPheeters, Town & Country Realty Sales
Last Updated: 2 years ago
Data Source: MRED, MLS# 11669520
All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 1003 1st Street built and last sold?
The property at 1003 1st Street was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1003 1st Street is $106,571.
What are some comparable homes to 1003 1st Street?
There are currently no comparable homes to 1003 1st Street.
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