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Grundy 60450
1480 Alicia Drive
$153,900
● House - Off Market

1480 Alicia Drive

MORRIS, IL 60450
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,684 Ft²
$232,499
RealtyHop Estimate
51.47%
Since Nov 1, 2018
National-US
Primary Model

About This Property

Here's a 3 bedroom (possible 4th) home in Saratoga School district located on a street with no outlet, so less traffic! This home has an open concept living area with the kitchen, dining area and living room. There is a ton of natural light coming in on this level of the home! The lower level has a good sized rec room, currently used as a man cave, but could also be a 4th bedroom, office, workout room, you choose. Nice sized 2 car garage plus lots of storage room. Large back yard as well. Kitchen appliances stay along with the Washer & Dryer. This home is move-in ready, come see it today!
Unit Size
1,684 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$91
Property Type
House
Property Taxes
$213
HOA Dues
$20
Year Built
1965

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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 #10020618)

Price History

Date / Event Date Event Price
Oct 2, 2018 Sold
Premium
Sold
Jul 17, 2018 Listed by Century 21 Coleman-Hornsby $153,500
Listed by Century 21 Coleman-Hornsby

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • 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: 13,939
  • Total Building Area: 1,684
  • Gross Building Area: 1,684
  • Building Area: 1,684
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,684
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIDGE CREST SUBDIVISION
  • Land Acres: 0000000320
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: RIDGE CREST SUB UNIT 2 LT 6 SEC 26-34-7

Neighborhood

  • School District Name: Saratoga Community Consolidated School District 60C
  • Census Tract: 000200

Geography

  • District: 15
  • Parcel: 02-26-127-006
  • Lot: 6
  • Meridian: SEC 26 TWN 34N RNG 07W
  • Municipality: SARATOGA TOWNSHIP
  • Latitude: 41.4014
  • Longitude: -88.3951

    Address

  • Full Address: 1480 Alicia Dr
  • Legal Unit: 2
  • Address - House Number: 1480
  • Address - Street Name: Alicia
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Morris
  • Carrier Code: R006
  • 4-Digit Zip Code: 8903
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $333,217
  • Tax Rate Code Area: 15001

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 73
  • Final Value: 194,733
  • High Value: 232,972
  • Low Value: 156,493

    Market Valuation

  • Market Total Value: $150,600
  • Market Land Value: $34,215
  • Market Improvement Value: $116,385

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $50,200
  • Assessed Land Value: $11,405
  • Assessed Improvements Value: $38,795

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 02, 2018
  • Current Sale Recording Date: Oct 09, 2018
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 580404
  • Previous Sale Recording Date: Jan 29, 2016
  • Previous Sale Contract Date: Jan 25, 2016
  • Previous Sale Amount: $121,500
  • Previous Sale Document Type: 71

    Financing

  • First Mortgage Financing Type: FIX
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 Grundy

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2133 ft²

Average Home Age

35 years

Currently For Sale

108 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

Rentals Near You

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MRED

Listed by: Jim Maskel, Century 21 Coleman-Hornsby
Last Updated: 3 years ago
Data Source: MRED, MLS# 10020618
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 1480 Alicia Drive built and last sold?
The property at 1480 Alicia Drive was built in 1965 and last sold on Oct 2, 2018 for $154,000.
How much is this home worth?
The estimated value of the home located at 1480 Alicia Drive is $0.
What are some comparable homes to 1480 Alicia Drive?
There are currently no comparable homes to 1480 Alicia Drive.
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