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El Paso 61738
107 W 3rd Street
$162,900
● House - Off Market

107 W 3rd Street

El Paso, IL 61738
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,788 Ft²
$168,743
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Charming Older Home on large Corner lot!  The spacious living room, with 9' ceilings and hardwood floors, flows right into the adjacent study/den. Spacious dining room with loads of character & natural light. Eat-in kitchen with laminate vinyl plank floors, gas range, stainless-steel refrigerator and dishwasher. Main floor full bath and laundry combination. The second level includes 3 spacious bedrooms with hardwood floors and an additional full bath. Front porch, brick firepit area, 2 car detached garage with attached covered patio, and mostly fenced back yard. Professional photos later TOday! Going, going ...
Unit Size
1,788 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$89
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1900

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11661404)

Price History

Date / Event Date Event Price
Nov 30, 2022 Sold
Premium
Sold
Oct 27, 2022 Listed by Keller Williams Revolution $159,900
Listed by Keller Williams Revolution

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • 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: 12,750
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 850
  • Total Building Area: 894
  • Building Area: 894
  • Building Area Measurement: M

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: EL PASO-ORIGINAL TOWN
  • Land Acres: 0000000292
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: T26N - R2E - S05 PT LOT 2 BLK 22 ORIGINAL TOWN

Neighborhood

  • School District Name: El Paso-Gridley Community Unit School District 11
  • Census Tract: 030700

Geography

  • District: 16
  • Parcel: 16-05-307-006
  • Block: 22
  • Lot: 2
  • Meridian: SEC 05 TWN 26N RNG 02E
  • Municipality: EL PASO
  • Latitude: 40.7418
  • Longitude: -89.0184

    Address

  • Full Address: 107 W 3rd St
  • Address - House Number: 107
  • Street Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: El Paso
  • Carrier Code: C002
  • 4-Digit Zip Code: 1031
  • Zip Code: 61738

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 16004

    Appraisal Valuation

  • Standard Deviation: 0.2563
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 63
  • Final Value: 151,466
  • High Value: 190,298
  • Low Value: 112,634

    Market Valuation

  • Market Total Value: $123,945
  • Market Land Value: $18,951
  • Market Improvement Value: $104,994

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,315
  • Assessed Land Value: $6,317
  • Assessed Improvements Value: $34,998

    Sales

  • Current Sale Contract Date: Nov 30, 2022
  • Current Sale Recording Date: Dec 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4585
  • Previous Sale Recording Date: Nov 04, 2019
  • Previous Sale Contract Date: Oct 25, 2019
  • Previous Sale Amount: $140,000
  • Previous Sale Document Type: 71
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 El Paso

Stats & Trends

Median Asking:

$189,000

Sale Price/ft²

$93

Below Asking

0.02%

Average Days on Market

47

Average Home Size

1627 ft²

Average Home Age

63 years

Currently For Sale

4 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

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MRED

Listed by: Jeff Reedy, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11661404
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 107 West 3rd Street built and last sold?
The property at 107 West 3rd Street was built in 1900 and last sold on Nov 30, 2022 for $163,000.
How much is this home worth?
The estimated value of the home located at 107 West 3rd Street is $0.
What are some comparable homes to 107 West 3rd Street?
There are currently no comparable homes to 107 West 3rd Street.
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