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Marengo 60152 Brayton Knolls
1003 GRACE Court
$282,000
● House - Off Market

1003 GRACE Court

MARENGO, IL 60152
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
3,083 Ft²
$567,141
RealtyHop Estimate
89.11%
Since Aug 1, 2008
National-US
Primary Model

About This Property

CUTE AS A KITTEN! 4 YR OLD 3100 SF KENNEDY BUILT, PERFECT  10. YES IT COULD BE THE MODEL HOME! MATURE QUIET CUL-DE-SAC IN THE PRESTIGIOUS BRAYTON KNOLLS SUB. LOADED WITH UPGRADES: CROWN MOULDING, UPGRADED TRIM & FLOOR PACKAGE, SOLID OAK 6 PANEL DOORS, DUAL-ZONED HVAC, SECURITY SYSTEM, FULL ENGLISH BASEMENT, BRICK FRONT, CUSTOM STAMPED CONCRETE ENTRANCE & PATIO,FENCED YARD, AND COMPOSITE DECK~NO MAINTANANCE!
Unit Size
3,083 Ft²
Days on Market
-
Land Size
-
Price per sqft
$97
Property Type
House
Property Taxes
$579
HOA Dues
$13
Year Built
2004

Payment Calculator

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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.

Property Highlights

Air Conditioning
Fireplace
Garage

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,361
  • Garage Type: 1
  • Garage Square Area: 620
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,939
  • Total Building Area: 5,064
  • Gross Building Area: 5,064
  • Building Area: 4,444
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 4,444
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BRAYTON KNOLLS
  • Land Acres: 0000000320
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2021R0012455 LT 19 BRAYTON KNOLLS

Neighborhood

  • School District Name: Marengo Community High School District 154
  • Census Tract: 871004

Geography

  • Parcel: 16-01-153-013
  • Lot: 19
  • Municipality: RILEY TWP
  • Latitude: 42.235
  • Longitude: -88.6053

    Address

  • Full Address: 1003 Grace Ct
  • Address - House Number: 1003
  • Address - Street Name: Grace
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Marengo
  • Carrier Code: R005
  • 4-Digit Zip Code: 3387
  • Zip Code: 60152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $768,094
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.1594
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 370,408
  • High Value: 429,451
  • Low Value: 311,364

    Market Valuation

  • Market Total Value: $273,873
  • Market Land Value: $29,100
  • Market Improvement Value: $244,773

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $91,291
  • Assessed Land Value: $9,700
  • Assessed Improvements Value: $81,591

    Sales

  • Current Sale Contract Date: Feb 24, 2021
  • Current Sale Recording Date: Mar 08, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R0012455
  • Previous Sale Recording Date: Jul 27, 2016
  • Previous Sale Contract Date: Jul 20, 2016
  • Previous Sale Amount: $239,000
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Brayton Knolls

Stats & Trends

Median Asking:

$404,950

Sale Price/ft²

$106

Below Asking

0.01%

Average Days on Market

45

Average Home Size

3914 ft²

Average Home Age

22.5 years

Currently For Sale

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

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 100 S State Street, Marengo, IL, 60152

$1,750 /mo

  • 3 Beds
  • 1 Bath
  • 1,100 ft²
100 S State Street #C, Marengo, IL, 60152 Listing by Tammy Parzygnat
Unit for rent at 974 Meadow Lane, Marengo, IL, 60152

$2,495 /mo

  • 2 Beds
  • 2 Baths
  • 1,900 ft²
974 Meadow Lane, Marengo, IL, 60152 Listing by Mike Najarian

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Albert Presco, John Butera
Data Source: MRED, MLS# MRD06856146
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 Grace Court built and last sold?
The property at 1003 Grace Court was built in 2004 and last sold on Feb 24, 2021 for $292,500.
How much is this home worth?
The estimated value of the home located at 1003 Grace Court is $301,990.
What are some comparable homes to 1003 Grace Court?
There are currently no comparable homes to 1003 Grace Court.
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