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Gridley 61744
110 E 4th Street
$80,000
● House - Off Market

110 E 4th Street

Gridley, IL 61744
bedrooms
2 Beds
bathrooms
1 Bath
square feet
2,548 Ft²
$84,871
RealtyHop Estimate
6.09%
Since Jan 1, 2023
National-US
Primary Model

About This Property

Spacious home on an extra large lot! House has potential 3 bedrooms: there is a bedroom on the main level, and upstairs has a very large bedroom and another room that could be a bedroom/loft/office/playroom. There is brand new carpet in the large family room and newer carpet upstairs. There is a deck off of the dining room. The front covered porch was just painted. There is also a sunroom in the back. The backyard is huge and there is a 2 car garage w/ an attic. This is a great location - convenient to amenities in Gridley and EPG Jr High.
Unit Size
2,548 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$31
Property Type
House
Property Taxes
$128
HOA Dues
-
Year Built
1894

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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 #11651619)

Price History

Date / Event Date Event Price
Dec 16, 2022 Sold
Premium
Sold
Oct 13, 2022 Listed by RE/MAX Choice $80,000
Listed by RE/MAX Choice

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1894
  • Effective Year Built: 1894
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • 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: 4
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 15,246
  • Total Building Area: 1,094
  • Gross Building Area: 1,094
  • Building Area: 1,094
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,094
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: VILLAGE OF GRIDLEY
  • Land Acres: 0000000350
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: VILLAGE OF GRIDLEY W30 LOT 13 & ALL LOT 12 BLK 15

Neighborhood

  • School District Name: El Paso-Gridley Community Unit School District 11
  • Census Tract: 005102

Geography

  • District: 17
  • Parcel: 02-04-407-011
  • Block: 15
  • Lot: 13,12
  • Meridian: SEC 04 TWN 26N RNG 03E
  • Municipality: GRIDLEY
  • Latitude: 40.7437
  • Longitude: -88.8804

    Address

  • Full Address: 110 E 4th St
  • Address - House Number: 110
  • Street Direction: E
  • Address - Street Name: 4th
  • Address - Suffix Type: St
  • State: IL
  • City Name: Gridley
  • Carrier Code: R777
  • 4-Digit Zip Code: 7712
  • Zip Code: 61744

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $183,204
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 1701

    Appraisal Valuation

  • Standard Deviation: 0.4855
  • Valuation Date: Dec 13, 2023
  • Confidence Score: 2
  • Final Value: 224,402
  • High Value: 333,350
  • Low Value: 115,453

    Market Valuation

  • Market Total Value: $79,623
  • Market Land Value: $13,071
  • Market Improvement Value: $66,552

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,541
  • Assessed Land Value: $4,357
  • Assessed Improvements Value: $22,184

    Sales

  • Current Sale Contract Date: Dec 16, 2022
  • Current Sale Recording Date: Dec 30, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 4
  • Current Sale Input Document Number: 22392
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 Gridley

Stats & Trends

Median Asking:

$205,000

Sale Price/ft²

$85

Below Asking

0.05%

Average Days on Market

52

Average Home Size

2500 ft²

Average Home Age

93.3 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

Rentals Near You

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MRED

Listed by: Willow Gramm, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11651619
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 110 East 4th Street built and last sold?
The property at 110 East 4th Street was built in 1894 and last sold on Dec 16, 2022 for $80,000.
How much is this home worth?
The estimated value of the home located at 110 East 4th Street is $80,800.
What are some comparable homes to 110 East 4th Street?
There are currently no comparable homes to 110 East 4th Street.
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