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Sugar Grove 60554
116 Terry Drive
$290,000
● House - Off Market

116 Terry Drive

Sugar Grove, IL 60554
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,400 Ft²
$278,769
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Wonderful, all brick RANCH home in Sugar Grove on a quiet dead-end street. Solid hardwood floors and surround sound speakers throughout. Your kitchen features corian countertops, backsplash, plenty of cabinet space, island, pantry, and new refrigerator! Oversized picture window in your family room with hardwood floors, chair rail and cedar wood feature wall. Dining room with chandelier offering access to your fenced in yard with a stamped concrete patio ready for you to enjoy your summer nights on all while being surrounded by mature trees! Full, partially finished basement is ready to become your personalized space with a cedar closet, workshop, and large laundry area. Three spacious bedrooms and one and a half baths! Abundant storage throughout. Now is the time to make this home yours!
Unit Size
1,400 Ft²
Days on Market
-
Land Size
0.29 acres
Price per sqft
$196
Property Type
House
Property Taxes
$543
HOA Dues
-
Year Built
1966

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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 #11356903)

Price History

Date / Event Date Event Price
Apr 29, 2022 Sold
Premium
Sold
Apr 1, 2022 Listed by Keller Williams Inspire - Geneva $275,000
Listed by Keller Williams Inspire - Geneva

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Full Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,400
  • Garage Type: 1
  • Garage Square Area: 575
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,638
  • Lot Size Depth Feet: 1,570
  • Lot Size Frontage Feet: 800
  • Total Building Area: 3,375
  • Gross Building Area: 3,375
  • Building Area: 1,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,400
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RICHARD TOLLWAY SUB
  • Land Acres: 0000000290
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: LOT 18 BLK 1 OF RICHARD TOLLWAY SUB UNIT 2

Neighborhood

  • School District Name: Kaneland Community Unit School District 302
  • Census Tract: 854509

Geography

  • Parcel: 14-21-226-019
  • Block: 1
  • Lot: 18
  • Municipality: SUGAR GROVE
  • Latitude: 41.7648
  • Longitude: -88.437

    Address

  • Full Address: 116 Terry Dr
  • Legal Unit: 2
  • Address - House Number: 116
  • Address - Street Name: Terry
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Sugar Grove
  • Carrier Code: R045
  • 4-Digit Zip Code: 5428
  • Zip Code: 60554

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $686,884
  • Tax Rate Code Area: SG022

    Appraisal Valuation

  • Standard Deviation: 0.1646
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 311,510
  • High Value: 362,794
  • Low Value: 260,225

    Market Valuation

  • Market Total Value: $236,675
  • Market Land Value: $57,119
  • Market Improvement Value: $179,556

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,860
  • Assessed Land Value: $19,032
  • Assessed Improvements Value: $59,828

    Sales

  • Current Sale Contract Date: Apr 25, 2022
  • Current Sale Recording Date: May 03, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 23903
  • Previous Sale Recording Date: Jun 10, 2016
  • Previous Sale Contract Date: Jun 08, 2016
  • Previous Sale Amount: $197,500
  • 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 Sugar Grove

Stats & Trends

Median Asking:

$482,450

Sale Price/ft²

$196

Above Asking

0.00%

Average Days on Market

40

Average Home Size

2629 ft²

Average Home Age

24.7 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 538 Mallard Lane, Sugar Grove, IL, 60554

$2,495 /mo

  • 3 Beds
  • 1 Bath
  • 1,466 ft²
538 Mallard Lane #B, Sugar Grove, IL, 60554 Listing by John Sommer

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Carie Holzl, Keller Williams Inspire - Geneva
Last Updated: 3 years ago
Data Source: MRED, MLS# 11356903
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 116 Terry Drive built and last sold?
The property at 116 Terry Drive was built in 1966 and last sold on Apr 25, 2022 for $290,000.
How much is this home worth?
The estimated value of the home located at 116 Terry Drive is $0.
What are some comparable homes to 116 Terry Drive?
There are currently no comparable homes to 116 Terry Drive.
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