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De Witt 61777
13443 Progress Road
$260,000
● House - Off Market

13443 Progress Road

Wapella, IL 61777
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,196 Ft²
$249,318
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

Beautiful farm house nestled on 2.96 acres.  There isn't much this house doesn't offer.  Outside you will find a 18 x 33 pool, pig pin and barn, storage shed, 4 grain bins and a garage. In 2012 the house was taken down to the studs, plaster replaced with drywall. First floor includes laundry, half bath,2 bedrooms, 1 being the master bedroom with master bath.  2nd floor you will find 3 bedrooms and a full bath.  Move in ready, the remodeling is all done. Geothermal, newer windows and all appliances stay.
Unit Size
2,196 Ft²
Days on Market
-
Land Size
2.96 acres
Price per sqft
$114
Property Type
House
Property Taxes
$360
HOA Dues
-
Year Built
1923

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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 #11772396)

Price History

Date / Event Date Event Price
Jul 21, 2023 Sold
Premium
Sold
Jun 9, 2023 Listed by Green Acres Real Estate $250,000
Listed by Green Acres Real Estate

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1923
  • Effective Year Built: 1923
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,464
  • Garage Type: 7
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 8
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 128,938
  • Total Building Area: 2,196
  • Building Area: 2,196
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,196
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WA - SECTION 25
  • Land Acres: 0000002960
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: S25 T21 R2, PT SW - BEG 106.72S NE COR, S321.33, E401.11, N321.33, W401.11 TO POB

Neighborhood

  • School District Name: Clinton Community Unit School District 15
  • Census Tract: 971500

Geography

  • District: 02
  • Parcel: 02-25-300-002
  • Meridian: SEC 25 TWN 21 RNG 02
  • Municipality: WAPELLA
  • Latitude: 40.2458
  • Longitude: -88.9292

    Address

  • Full Address: 13443 Progress Rd
  • Address - House Number: 13443
  • Address - Street Name: Progress
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Wapella
  • Carrier Code: R007
  • 4-Digit Zip Code: 2537
  • Zip Code: 61777

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $455,560

    Appraisal Valuation

  • Standard Deviation: 0.135
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 84
  • Final Value: 248,473
  • High Value: 282,020
  • Low Value: 214,926

    Market Valuation

  • Market Total Value: $237,210
  • Market Land Value: $237,210

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,062
  • Assessed Land Value: $7,422
  • Assessed Improvements Value: $71,640

    Sales

  • Current Sale Contract Date: Nov 13, 2012
  • Current Sale Recording Date: Nov 21, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 237355
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 De Witt

Stats & Trends

Median Asking:

$164,950

Sale Price/ft²

$105

Below Asking

0.03%

Average Days on Market

52

Average Home Size

1940 ft²

Average Home Age

87.9 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: Stacey Sharrow, Green Acres Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11772396
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 13443 Progress Road built and last sold?
The property at 13443 Progress Road was built in 1923 and last sold on Nov 13, 2012 for $215,000.
How much is this home worth?
The estimated value of the home located at 13443 Progress Road is $0.
What are some comparable homes to 13443 Progress Road?
There are currently no comparable homes to 13443 Progress Road.
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