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Rochelle 61068
103 Southview Drive
$135,900
● House - Off Market

103 Southview Drive

Rochelle, IL 61068
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,352 Ft²
$137,809
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Don't miss out on this well kept 3 bedroom, 1 bath home.  This property features a large kitchen with plenty of room for table & chairs plus has an eat at breakfast bar, a large family room, 1st floor laundry, 2 sets of patio doors leading to large deck and spacious partially fenced backyard, newer 2 car detached garage with attic storage and an extra storage shed.  Located close to interstate access.
Unit Size
1,352 Ft²
Days on Market
-
Land Size
-
Price per sqft
$96
Property Type
House
Property Taxes
$230
HOA Dues
-
Year Built
1969

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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 #11668187)

Price History

Date / Event Date Event Price
Dec 12, 2022 Sold
Premium
Sold
Nov 6, 2022 Listed by Lori Patterson Real Estate $129,900
Listed by Lori Patterson Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1969
  • Effective Year Built: 1969
  • 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: 100
  • 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: 11,660
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,352
  • Building Area: 1,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHVIEW ADD
  • Land Acres: 0000000267
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: RNG/BLK: TWP:0 SECT/LOT: LOT 27 & W 10FT LOT 28 SOUTHVIEW ADD CITY OF ROCHELLE BK 00-7948

Neighborhood

  • School District Name: Rochelle Township High School District 212
  • Census Tract: 961600

Geography

  • District: 6
  • Parcel: 24-36-229-009
  • Lot: 27-28
  • Municipality: FLAGG
  • Latitude: 41.9045
  • Longitude: -89.0545

    Address

  • Full Address: 103 Southview Dr
  • Address - House Number: 103
  • Address - Street Name: Southview
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Rochelle
  • Carrier Code: R004
  • 4-Digit Zip Code: 2137
  • Zip Code: 61068

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $294,600
  • Tax Rate Code Area: 640

    Appraisal Valuation

  • Standard Deviation: 0.2477
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 65
  • Final Value: 152,000
  • High Value: 189,656
  • Low Value: 114,344

    Market Valuation

  • Market Total Value: $112,884
  • Market Land Value: $26,592
  • Market Improvement Value: $86,292

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,628
  • Assessed Land Value: $8,864
  • Assessed Improvements Value: $28,764

    Sales

  • Current Sale Contract Date: Dec 12, 2022
  • Current Sale Recording Date: Dec 27, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 202207155

    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 Rochelle

Stats & Trends

Median Asking:

$190,000

Sale Price/ft²

$139

Below Asking

0.02%

Average Days on Market

48

Average Home Size

1629 ft²

Average Home Age

72.1 years

Currently For Sale

15 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: Lori Patterson, Lori Patterson Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11668187
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 103 Southview Drive built and last sold?
The property at 103 Southview Drive was built in 1969 and last sold on Dec 12, 2022 for $132,000.
How much is this home worth?
The estimated value of the home located at 103 Southview Drive is $0.
What are some comparable homes to 103 Southview Drive?
There are currently no comparable homes to 103 Southview Drive.
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