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St. Joseph 61873
1606 Magnolia Drive
$220,000
● House - Off Market

1606 Magnolia Drive

St. Joseph, IL 61873
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,521 Ft²
$245,940
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Pristine ranch in sought after Crestlake Subdivision and St. Joe Schools. This home is truly move-in ready with many updates throughout including kitchen backsplash, all stainless steel appliances, flooring, baseboards, roof, deck, and much much more. Enjoy the gorgeous view from the back deck, which overlooks the common area. Beautiful neighborhood, close to community parks and sports complex. Make your appointment today because this home will not last!
Unit Size
1,521 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$141
Property Type
House
Property Taxes
$320
HOA Dues
$13
Year Built
2002

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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 #11151556)

Price History

Date / Event Date Event Price
Aug 12, 2021 Sold
Premium
Sold
Jul 10, 2021 Listed by RE/MAX Choice $214,900
Listed by RE/MAX Choice

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 12
  • Interior Walls Type: 6
  • Roof Shape Type: 0
  • Roof Cover Type: 14
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 15
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 484
  • Parking Space Count: 2
  • Patio Type: 79
  • Porch Type: 36
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,702
  • Total Building Area: 1,521
  • Building Area: 1,521
  • Building Area Measurement: M

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 3
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WOODARDS CRESTLAKE SUB NO 5
  • Land Acres: 0000000315
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 502 WOODARDS CRESTLAKE SUB NO 5

Neighborhood

  • School District Name: St. Joseph-Ogden Community High School District 305
  • School Tax School District: 101
  • Census Tract: 010701

Geography

  • District: 28
  • Parcel: 28-22-12-303-012
  • Lot: 502
  • Meridian: SEC 12 TWN 19N RNG 10E
  • Municipality: ST. JOSEPH
  • Latitude: 40.1193
  • Longitude: -88.0246

    Address

  • Full Address: 1606 Magnolia Dr
  • Address - House Number: 1606
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Saint Joseph
  • Carrier Code: R005
  • 4-Digit Zip Code: 9497
  • Zip Code: 61873

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $449,709
  • Tax Rate Code Area: 2803

    Appraisal Valuation

  • Standard Deviation: 0.2131
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 70
  • Final Value: 245,871
  • High Value: 298,284
  • Low Value: 193,458

    Market Valuation

  • Market Total Value: $183,390
  • Market Land Value: $44,430
  • Market Improvement Value: $138,960

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $61,130
  • Assessed Land Value: $14,810
  • Assessed Improvements Value: $46,320

    Sales

  • Current Sale Contract Date: Jul 29, 2021
  • Current Sale Recording Date: Aug 20, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021R20094
  • Previous Sale Recording Date: Sep 03, 2013
  • Previous Sale Contract Date: Aug 30, 2013
  • Previous Sale Amount: $145,000
  • 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 St. Joseph

Stats & Trends

Median Asking:

$264,900

Sale Price/ft²

$159

Below Asking

0.02%

Average Days on Market

49

Average Home Size

1838 ft²

Average Home Age

24.3 years

Currently For Sale

4 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 Schmidt, RE/MAX Choice
Last Updated: 3 years ago
Data Source: MRED, MLS# 11151556
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 1606 Magnolia Drive built and last sold?
The property at 1606 Magnolia Drive was built in 2002 and last sold on Jul 29, 2021 for $220,000.
How much is this home worth?
The estimated value of the home located at 1606 Magnolia Drive is $0.
What are some comparable homes to 1606 Magnolia Drive?
There are currently no comparable homes to 1606 Magnolia Drive.
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