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Bradley 60915
1280 Marla Terrace
$189,000
● House - Off Market

1280 Marla Terrace

Bradley, IL 60915
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,196 Ft²
$209,214
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Immaculate condition all brick ranch style home located on large corner lot in Bradley! Recently remodelled, this home features NEW roof, newer furnace, central air, updated kitchen with espresso cabinets/countertops and stainless steel appliances, updated baths and flooring throughout! Boasting a large living room with wood burning fireplace, 2 car attached garage and even 2.5 bathrooms! Home also features a fenced in backyard perfect for entertaining! REACTIVATED and AVAILABLE! Everything was done, home inspection and appraisal and buyer could not complete transaction! Move fast!
Unit Size
1,196 Ft²
Days on Market
-
Land Size
-
Price per sqft
$159
Property Type
House
Property Taxes
$290
HOA Dues
-
Year Built
-

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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 #11241324)

Price History

Date / Event Date Event Price
Dec 4, 2021 Sold
Premium
Sold
Oct 8, 2021 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: 7,826
  • 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: RIVERLANE SUB
  • Land Acres: 0000000179
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: RIVERLANE SUB 2ND ADDN LOT 7 BLK 4 30-31-12E

Neighborhood

  • School District Name: Bradley-Bourbonnais Consolidated High School District 307
  • Census Tract: 011800

Geography

  • District: 17
  • Parcel: 17-09-30-207-007
  • Block: 4
  • Lot: 7
  • Municipality: BOURBONNAIS
  • Latitude: 41.1419
  • Longitude: -87.883

    Address

  • Full Address: 1280 Marla Ter
  • Address - House Number: 1280
  • Address - Street Name: Marla
  • Address - Suffix Type: Ter
  • State: IL
  • City Name: Bradley
  • Carrier Code: C004
  • 4-Digit Zip Code: 2068
  • Zip Code: 60915

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $391,260
  • Tax Rate Code Area: 17010

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 197,466
  • High Value: 238,787
  • Low Value: 156,144

    Market Valuation

  • Market Total Value: $148,308
  • Market Land Value: $14,586
  • Market Improvement Value: $133,722

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $49,436
  • Assessed Land Value: $4,862
  • Assessed Improvements Value: $44,574

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 03, 2021
  • Current Sale Recording Date: Dec 13, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 17284
  • Previous Sale Recording Date: Dec 26, 2017
  • Previous Sale Amount: $135,000
  • 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 Bradley

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$171

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1529 ft²

Average Home Age

57.4 years

Currently For Sale

25 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: Lee LaMontagne, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11241324
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 1280 Marla Terrace built and last sold?
The property at 1280 Marla Terrace was built in and last sold on Dec 3, 2021 for $189,000.
How much is this home worth?
The estimated value of the home located at 1280 Marla Terrace is $0.
What are some comparable homes to 1280 Marla Terrace?
There are currently no comparable homes to 1280 Marla Terrace.
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