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Algonquin 60102 Spring Creek Farms
1405 Red Coach Lane
$315,000
● House - Off Market

1405 Red Coach Lane

Algonquin, IL 60102
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,313 Ft²
$329,133
RealtyHop Estimate
4.49%
Since Mar 1, 2023
National-US
Primary Model

About This Property

Welcome home to this charming beauty complete w/ adorable front porch! Excellent curb appeal & immaculate inside, this is the ranch you have been waiting for! Natural light floods this home through it's many windows. Vaulted ceilings. Cozy living & dining room combo includes beautiful brick fireplace w/ molding & sliding glass door leading out to spacious deck. Large kitchen w/ oak cabinets, granite countertops, tiled backsplash, skylight & eating area. Nice sized bedrooms. Primary bedroom has a walk-in closet w/ private bath. Both bathrooms have porcelain tile floors. Bring your ideas for the full basement & bonus office room.  Tons of storage space in the laundry area & in the 2 car garage. Lovely huge fenced in yard! Great location near downtown Algonquin & the Fox River. This one won't last long!
Unit Size
1,313 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$240
Property Type
House
Property Taxes
$465
HOA Dues
-
Year Built
1987

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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 #11707755)

Price History

Date / Event Date Event Price
Feb 28, 2023 Sold
Premium
Sold
Jan 26, 2023 Listed by Royal Family Real Estate $315,000
Listed by Royal Family Real Estate

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1987
  • Effective Year Built: 1987
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 11
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 1,313
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 12,124
  • Total Building Area: 2,626
  • Building Area: 1,969
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,969
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SPRING CREEK FARMS UNIT 3
  • Land Acres: 0000000278
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2007R0011968 LT 122 SPRING CREEK FARMS UNIT 3

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871404

Geography

  • Parcel: 19-35-153-022
  • Block: 153
  • Lot: 122
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1655
  • Longitude: -88.2713

    Address

  • Full Address: 1405 Red Coach Ln
  • Legal Unit: 3
  • Address - House Number: 1405
  • Address - Street Name: Red Coach
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C009
  • 4-Digit Zip Code: 4501
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $586,112
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1647
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 335,118
  • High Value: 390,321
  • Low Value: 279,914

    Market Valuation

  • Market Total Value: $238,032
  • Market Land Value: $62,298
  • Market Improvement Value: $175,734

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $79,344
  • Assessed Land Value: $20,766
  • Assessed Improvements Value: $58,578

    Sales

  • Current Sale Contract Date: Feb 20, 2023
  • Current Sale Recording Date: Mar 01, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 4425
  • Previous Sale Recording Date: Feb 21, 2007
  • Previous Sale Contract Date: Jan 18, 2007
  • Previous Sale Amount: $246,000
  • 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 Spring Creek Farms

Stats & Trends

Median Asking:

$392,495

Sale Price/ft²

$225

Below Asking

0.01%

Average Days on Market

36

Average Home Size

1865 ft²

Average Home Age

27.9 years

Currently For Sale

0 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 1205 Glenmont Street, Algonquin, IL, 60102

$2,990 /mo

  • 3 Beds
  • 2 Baths
  • 1,840 ft²
1205 Glenmont Street, Algonquin, IL, 60102 Listing by Yuriy Nydza

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Brenna Freskos, Royal Family Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 11707755
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 1405 Red Coach Lane built and last sold?
The property at 1405 Red Coach Lane was built in 1987 and last sold on Feb 20, 2023 for $315,000.
How much is this home worth?
The estimated value of the home located at 1405 Red Coach Lane is $0.
What are some comparable homes to 1405 Red Coach Lane?
There are currently no comparable homes to 1405 Red Coach Lane.
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