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Elgin 60120 Southeast Elgin
1266 SEBRING Circle
$292,500
● House - Off Market

1266 SEBRING Circle

Elgin, IL 60120
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,220 Ft²
$314,720
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Beautiful single family ranch on a big corner lot with a full finished basement, 3 bedrooms and 2.5 bathrooms. Spacious combined living /dining room features a vaulted ceiling, niche with dining bar shelf to the kitchen and a cleverly architected curved wall. Well maintained and many recent updates including both 1st floor bathrooms, new brick patio, freshly repaved driveway, new basement windows, new water heater Finished basement features a large bar area and spacious  bathroom with a large walk in shower. Located on a secluded circle with quick access to Interstate 90, shopping and restaurants.  HURRY!  WON'T LAST. MLS #11157185
Unit Size
1,220 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$225
Property Type
House
Property Taxes
$416
HOA Dues
$4
Year Built
1992

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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 #11157185)

Price History

Date / Event Date Event Price
Aug 31, 2021 Sold
Premium
Sold
Jul 15, 2021 Listed by Metro Realty Inc. $274,999
Listed by Metro Realty Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 3
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 7
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,549
  • Total Building Area: 1,220
  • Gross Building Area: 1,220
  • Building Area: 1,220
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 1,220
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY BROOK NORTH
  • Land Acres: 0000000219
  • Standard Land Use Code: 1001
  • County Land Use Code: 2-03
  • Legal Description 1: PART NE4 SEC18 PART NW4 S17+ T41N R 09E 3P

Neighborhood

  • School District Name: School District U-46
  • Census Tract: 804404

Geography

  • District: 18
  • Parcel: 06-17-102-033-0000
  • Lot: 145
  • Meridian: SEC 17 TWN 41N RNG 9E
  • Municipality: HANOVER
  • Latitude: 42.0397
  • Longitude: -88.2404

    Address

  • Full Address: 1266 Sebring Cir
  • Address - House Number: 1266
  • Address - Street Name: Sebring
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Elgin
  • Carrier Code: C011
  • 4-Digit Zip Code: 5211
  • Zip Code: 60120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $755,269
  • Tax Rate Code Area: 18029

    Appraisal Valuation

  • Standard Deviation: 0.2081
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 71
  • Final Value: 336,856
  • High Value: 406,959
  • Low Value: 266,752

    Market Valuation

  • Market Total Value: $270,000
  • Market Land Value: $52,520
  • Market Improvement Value: $217,480

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,000
  • Assessed Land Value: $5,252
  • Assessed Improvements Value: $21,748

    Sales

  • Current Sale Contract Date: Aug 04, 2021
  • Current Sale Recording Date: Sep 10, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2125312346
  • Previous Sale Recording Date: Jun 08, 2004
  • Previous Sale Contract Date: May 14, 2004
  • Previous Sale Amount: $228,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: UNK
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 Southeast Elgin

Stats & Trends

Median Asking:

$310,000

Sale Price/ft²

$212

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1476 ft²

Average Home Age

49.6 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 362 Chaparral Circle, Elgin, IL, 60120

$2,600 /mo

  • 2 Beds
  • 1 Bath
  • 1,276 ft²
362 Chaparral Circle, Elgin, IL, 60120 Listing by Giavanna Laukert
Unit for rent at 918 Oak Ridge Boulevard, Elgin, IL, 60120

$2,695 /mo

  • 3 Beds
  • 2 Baths
  • 1,593 ft²
918 Oak Ridge Boulevard, Elgin, IL, 60120 Listing by Joseph Antony

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Melanie Broderick, Metro Realty Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11157185
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 1266 Sebring Circle built and last sold?
The property at 1266 Sebring Circle was built in 1992 and last sold on Aug 4, 2021 for $292,500.
How much is this home worth?
The estimated value of the home located at 1266 Sebring Circle is $278,618.
What are some comparable homes to 1266 Sebring Circle?
There are currently no comparable homes to 1266 Sebring Circle.
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