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Elburn 60119
1079 Pattee Avenue
$400,000
● House - Off Market

1079 Pattee Avenue

Elburn, IL 60119
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,645 Ft²
$413,462
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

SOLD DURING PROCESSING. Absolutely Gorgeous!!! This home has been completely updated from top to bottom! Over 3000 square feet of living space! Featuring 4 bedrooms, 2.1 baths, full finished basement, stunning private backyard fully fenced with professional landscaping, a large stone patio and pergola. Walk to the elementary school, parks, ponds, bike paths, & Metra station.
Unit Size
2,645 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$151
Property Type
House
Property Taxes
$647
HOA Dues
$21
Year Built
2006

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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 #11448513)

Price History

Date / Event Date Event Price
Aug 1, 2022 Sold
Premium
Sold
Jun 30, 2022 Listed by Keller Williams Inspire - Geneva $399,900
Listed by Keller Williams Inspire - Geneva

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 1,125
  • Garage Type: 7
  • Garage Square Area: 395
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,352
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 800
  • Total Building Area: 2,645
  • Gross Building Area: 2,645
  • Building Area: 2,645
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 6
  • Heating: 0
  • Heated Square Feet: 2,645
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BLACKBERRY CREEK SUB
  • Land Acres: 0000000215
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: BLACKBERRY CREEK SUB UNIT NO 11 LT 316

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 854507

Geography

  • Parcel: 11-08-229-015
  • Lot: 316
  • Municipality: BLACKBERRY
  • Latitude: 41.8781
  • Longitude: -88.454

    Address

  • Full Address: 1079 Pattee Ave
  • Legal Unit: 11
  • Address - House Number: 1079
  • Address - Street Name: Pattee
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Elburn
  • Carrier Code: R003
  • 4-Digit Zip Code: 7821
  • Zip Code: 60119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $806,320
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: BB030

    Appraisal Valuation

  • Standard Deviation: 0.1517
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 411,168
  • High Value: 473,559
  • Low Value: 348,778

    Market Valuation

  • Market Total Value: $272,431
  • Market Land Value: $42,668
  • Market Improvement Value: $229,763

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $90,774
  • Assessed Land Value: $14,217
  • Assessed Improvements Value: $76,557

    Sales

  • Current Sale Contract Date: Aug 01, 2022
  • Current Sale Recording Date: Aug 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 40497
  • Previous Sale Recording Date: Dec 19, 2012
  • Previous Sale Contract Date: Nov 20, 2012
  • Previous Sale Amount: $200,000
  • Previous Sale Document Type: 68
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 Elburn

Stats & Trends

Median Asking:

$435,950

Sale Price/ft²

$203

Below Asking

0.01%

Average Days on Market

38

Average Home Size

2409 ft²

Average Home Age

15.4 years

Currently For Sale

24 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 870 Station Boulevard, Elburn, IL, 60119

$3,115 /mo

  • 3 Beds
  • 2 Baths
  • 1,668 ft²
870 Station Boulevard, Elburn, IL, 60119 Listing by Bill Flemming

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brenda D'Amore, Keller Williams Inspire - Geneva
Last Updated: 3 years ago
Data Source: MRED, MLS# 11448513
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 1079 Pattee Avenue built and last sold?
The property at 1079 Pattee Avenue was built in 2006 and last sold on Aug 1, 2022 for $400,000.
How much is this home worth?
The estimated value of the home located at 1079 Pattee Avenue is $411,792.
What are some comparable homes to 1079 Pattee Avenue?
There are currently no comparable homes to 1079 Pattee Avenue.
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