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Morris 60450
1207 Kiersted Street
$209,900
● House - Off Market

1207 Kiersted Street

Morris, IL 60450
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,080 Ft²
$1,306
Est. Monthly
12.15%
Cap Rate

About This Property

This 3 bedroom 1 bath ranch style home is ready for occupancy!  It has been completely remodeled! Fresh paint, new flooring  All new cabinetry in the kitchen and bath. New appliances and fixtures.  New electric and plumbing. 7 year young furnace and central air.  Spacious 2+ car garage, fenced yard. Enclosed 7 x 14 front porch.  Nothing to do but move in!
Unit Size
1,080 Ft²
Days on Market
-
Land Size
-
Price per sqft
$194
Property Type
House
Property Taxes
$275
HOA Dues
-
Year Built
1910

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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 #11966844)

Price History

Date / Event Date Event Price
Apr 23, 2024 Sold
Premium
Sold
Mar 1, 2024 Listed by RE/MAX Top Properties $209,900
Listed by RE/MAX Top Properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • 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: 5,227
  • Total Building Area: 1,080
  • Gross Building Area: 1,080
  • Building Area: 1,080
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,080
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TURNERS ADDITION
  • Land Acres: 0000000120
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: TURNERS ADD MORRIS LT 8 BLK 6 SEC 3-33-7

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000300

Geography

  • District: 12
  • Parcel: 05-03-152-015
  • Block: 6
  • Lot: 8
  • Meridian: SEC 03 TWN 33N RNG 07W
  • Municipality: MORRIS TOWNSHIP
  • Latitude: 41.3673
  • Longitude: -88.4205

    Address

  • Full Address: 1207 Kiersted St
  • Address - House Number: 1207
  • Address - Street Name: Kiersted
  • Address - Suffix Type: St
  • State: IL
  • City Name: Morris
  • Carrier Code: C012
  • 4-Digit Zip Code: 1545
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $329,730
  • Tax Rate Code Area: 12001

    Appraisal Valuation

  • Standard Deviation: 0.1074
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 89
  • Final Value: 206,117
  • High Value: 228,273
  • Low Value: 183,962

    Market Valuation

  • Market Total Value: $126,393
  • Market Land Value: $23,565
  • Market Improvement Value: $102,828

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $42,131
  • Assessed Land Value: $7,855
  • Assessed Improvements Value: $34,276
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 Morris

Stats & Trends

Median Asking:

$307,000

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

44

Average Home Size

1768 ft²

Average Home Age

55.5 years

Currently For Sale

19 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

Nearby Rentals

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MRED

Listed by: Vicki Geiger, RE/MAX Top Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11966844
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 1207 Kiersted Street built and last sold?
The property at 1207 Kiersted Street was built in 1910 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 1207 Kiersted Street is $0.
What are some comparable homes to 1207 Kiersted Street?
There are currently no comparable homes to 1207 Kiersted Street.
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