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Montgomery 60538
124 James Street
$146,007
● House - Off Market

124 James Street

MONTGOMERY, IL 60538
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
900 Ft²
$227,141
RealtyHop Estimate
58.95%
Since Nov 1, 2017
National-US
Primary Model

About This Property

Probably one of the nicest homes you will find in the neighborhood!  Updated to perfection.  First impression is the adorable front porch made of maintenance free materials.  All new windows.  Kitchen has all ss appliances, glass back splash, cool floating shelving and newer cabinets.  Hardwood floors in the living rooms and bedrooms.  Finished basement with dry bar, electric fireplace, loads of storage, laundry room and modern half bath.  Fenced yard has a fire pit, shed and awning off the garage for maximum shade.  Maintenance free vinyl siding.  This is a must see!
Unit Size
900 Ft²
Days on Market
-
Land Size
0.14 acres
Price per sqft
$159
Property Type
House
Property Taxes
$208
HOA Dues
-
Year Built
1954

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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 #09733329)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Nov 2, 2020 In contract -
In contract
Oct 27, 2020 Listed $180,000
Listed
The manager has listed the unit size as 900 square feet.
Oct 17, 2020 Listed $170,000
Listed
The manager has listed the unit size as 900 square feet.
Oct 13, 2017 Sold
Premium
Sold
Show More

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1954
  • Effective Year Built: 1954
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 900
  • Garage Type: 1
  • Garage Square Area: 352
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 77
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,325
  • Total Building Area: 2,152
  • Gross Building Area: 2,176
  • Building Area: 900
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 900
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERSIDE PARK SUB
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: RIVERSIDE PARK SUBDN : LOT 2

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 854002

Geography

  • Parcel: 15-33-126-005
  • Lot: 2
  • Municipality: AURORA
  • Latitude: 41.7375
  • Longitude: -88.3349

    Address

  • Full Address: 124 James St
  • Address - House Number: 124
  • Address - Street Name: James
  • Address - Suffix Type: St
  • State: IL
  • City Name: Montgomery
  • Carrier Code: C007
  • 4-Digit Zip Code: 1204
  • Zip Code: 60538

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $384,890
  • Tax Rate Code Area: AU013

    Appraisal Valuation

  • Standard Deviation: 0.1619
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 79
  • Final Value: 226,694
  • High Value: 263,414
  • Low Value: 189,975

    Market Valuation

  • Market Total Value: $161,483
  • Market Land Value: $27,575
  • Market Improvement Value: $133,908

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $53,806
  • Assessed Land Value: $9,188
  • Assessed Improvements Value: $44,618

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Feb 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K010998
  • Previous Sale Recording Date: Oct 17, 2017
  • Previous Sale Contract Date: Oct 02, 2017
  • Previous Sale Amount: $146,500
  • 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 Montgomery

Stats & Trends

Median Asking:

$390,000

Sale Price/ft²

$199

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2021 ft²

Average Home Age

21 years

Currently For Sale

38 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 1476 Manning Avenue, Montgomery, IL, 60538

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,872 ft²
1476 Manning Avenue, Montgomery, IL, 60538 Listing by Chandra Kurupati

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , RE/MAX TOWN & COUNTRY
Last Updated: 3 years ago
Data Source: MRED, MLS# 09733329
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 124 James Street built and last sold?
The property at 124 James Street was built in 1954 and last sold on Dec 14, 2020 for $180,000.
How much is this home worth?
The estimated value of the home located at 124 James Street is $182,667.
What are some comparable homes to 124 James Street?
There are currently no comparable homes to 124 James Street.
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