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Batavia 60510
1023 Willow Lane
$293,000
● House - Off Market

1023 Willow Lane

BATAVIA, IL 60510
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,454 Ft²
$488,978
RealtyHop Estimate
63.05%
Since May 1, 2017
National-US
Primary Model

About This Property

GET READY FOR SUMMER!!! Wonderful home ready for new owners~So much space with 4 bedrooms~Hardwood floors throughout(except kitchen)~Lovely formal living room with fireplace~kitchen has brand new stainless appliances, eating area and closet pantry~Huge family room with brick fireplace and slider that leads to stone walkway~4th bedroom is a bonus (HUGE) with 3 closets and charming dormer windows~unfinished basement is great additional space for storage~New furnace and central air(2016)~Very private and fenced in, in-ground pool with pool shed~Freshly painted throughout~This will be a joy to call HOME!!!
Unit Size
2,454 Ft²
Days on Market
-
Land Size
0.44 acres
Price per sqft
$122
Property Type
House
Property Taxes
$713
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: 3 years ago (MRED MLS #09563298)

Price History

Date / Event Date Event Price
Apr 17, 2017 Sold
Premium
Sold
Mar 13, 2017 Listed by RE/MAX Excels $299,900
Listed by RE/MAX Excels

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • 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 Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 484
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 19,022
  • Total Building Area: 2,454
  • Gross Building Area: 2,454
  • Building Area: 2,454
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 2,454
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ARTHURS T MCINTOSH WOODLAND HILLS
  • Land Acres: 0000000437
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 3 BLOCK 4 OF ARTHURS T MCINTOSH WOODLAND HILLS UNIT 2

Neighborhood

  • School District Name: Batavia Unit School District 101
  • Census Tract: 852806

Geography

  • Parcel: 12-26-202-010
  • Block: 4
  • Lot: 3
  • Municipality: BATAVIA
  • Latitude: 41.8391
  • Longitude: -88.2881

    Address

  • Full Address: 1023 Willow Ln
  • Legal Unit: 2
  • Address - House Number: 1023
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Batavia
  • Carrier Code: R002
  • 4-Digit Zip Code: 3325
  • Zip Code: 60510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $912,750
  • Tax Rate Code Area: BA005

    Appraisal Valuation

  • Standard Deviation: 0.1517
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 442,617
  • High Value: 509,780
  • Low Value: 375,453

    Market Valuation

  • Market Total Value: $339,229
  • Market Land Value: $60,180
  • Market Improvement Value: $279,049

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $113,031
  • Assessed Land Value: $20,052
  • Assessed Improvements Value: $92,979

    Exemptions

  • Veteran Exemption: Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 20, 2017
  • Current Sale Recording Date: Apr 19, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K019675

    Financing

  • First Mortgage Financing Type: FIX
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 Batavia

Stats & Trends

Median Asking:

$458,449

Sale Price/ft²

$233

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2134 ft²

Average Home Age

45.7 years

Currently For Sale

36 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

Rentals Near You

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MRED

Listed by: , RE/MAX Excels
Last Updated: 3 years ago
Data Source: MRED, MLS# 09563298
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 1023 Willow Lane built and last sold?
The property at 1023 Willow Lane was built in 1973 and last sold on Mar 20, 2017 for $293,000.
How much is this home worth?
The estimated value of the home located at 1023 Willow Lane is $315,883.
What are some comparable homes to 1023 Willow Lane?
There are currently no comparable homes to 1023 Willow Lane.
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