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Bradley 60914
1209 King Arthur Lane
$189,900
● House - Off Market

1209 King Arthur Lane

Bourbonnais, IL 60914
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,966 Ft²
$288,208
RealtyHop Estimate
51.77%
Since Dec 1, 2018
National-US
Primary Model

About This Property

Very nice ranch home in Camelot Subdivision. Over 1900 square feet that includes a Living Room and a Family Room with brick fireplace.  Spacious eat-in kitchen with island bar and stools. French doors from Family room and Master bedroom to 22 x 12 deck. Deck is in the process of being re-painted, after the new roof gets put on in a couple of weeks.  Brand new AC unit and new AC coil on furnace unit.  Technician says age of furnace is unknown, but in great shape.  New water heater in 2015.  All appliances stay.  Kitchen appliances are 6 years old, dryer is new and washer is a little older. New roof being put on September 2018.  New wood fence installed September 2018.  Heated garage. Truly a large, sharp, ready to move into ranch.
Unit Size
1,966 Ft²
Days on Market
-
Land Size
-
Price per sqft
$97
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
-

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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: 2 years ago (MRED MLS #10091827)

Price History

Date / Event Date Event Price
Nov 2, 2018 Sold
Premium
Sold
Sep 23, 2018 Listed by Coldwell Banker Realty $189,900
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • 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: 1,164
  • Total Building Area: 0
  • Building Area: 0

    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: CAMELOT
  • Land Acres: 0000000026
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: CAMELOT LOT 23 22-31-12E

Neighborhood

  • School District Name: Bradley-Bourbonnais Consolidated High School District 307
  • Census Tract: 010702

Geography

  • District: 17
  • Parcel: 17-09-22-107-023
  • Lot: 23
  • Municipality: BOURBONNAIS
  • Latitude: 41.1615
  • Longitude: -87.8357

    Address

  • Full Address: 1209 King Arthur Ln
  • Address - House Number: 1209
  • Address - Street Name: King Arthur
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R003
  • 4-Digit Zip Code: 9779
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $599,076
  • Tax Rate Code Area: 17031

    Appraisal Valuation

  • Standard Deviation: 0.1968
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 280,438
  • High Value: 335,735
  • Low Value: 225,142

    Market Valuation

  • Market Total Value: $256,989
  • Market Land Value: $24,309
  • Market Improvement Value: $232,680

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $85,663
  • Assessed Land Value: $8,103
  • Assessed Improvements Value: $77,560

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 01, 2018
  • Current Sale Recording Date: Nov 07, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12446
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 Bradley

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$172

Below Asking

0.01%

Average Days on Market

48

Average Home Size

1684 ft²

Average Home Age

40.1 years

Currently For Sale

23 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: Dawn Olson, Coldwell Banker Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 10091827
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 1209 King Arthur Lane built and last sold?
The property at 1209 King Arthur Lane was built in and last sold on Nov 1, 2018 for $190,000.
How much is this home worth?
The estimated value of the home located at 1209 King Arthur Lane is $0.
What are some comparable homes to 1209 King Arthur Lane?
There are currently no comparable homes to 1209 King Arthur Lane.
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