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Bourbonnais 60914
1609 Sun Ridge Drive
$305,000
● House - Off Market

1609 Sun Ridge Drive

Bourbonnais, IL 60914
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,656 Ft²
$315,343
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Spacious and extremely well cared for split level with 4 bed and 3 baths in Sunridge Estates. Impressive 2 story open foyer greets as we enter. Upper level features open floor plan with kitchen, dining and living rooms, gas fireplace and slider to a 10x10 balcony. Master bedroom with a spacious bath with jetted tub, shower, double sink, and a walk in closet. Additional bedroom and a full bath on the upper level. Wide staircase leads to the lower level with family room, two extra very large bedrooms, full bath, and a huge utility room. Notice the size of the rooms in this house! Roof approx. 2016, new carpet in LR and staircase, kitchen & dining area freshly painted, hardwood floors polished. Attached drywalled 2.5 car garage. Excellent location close to everything. Take a look!
Unit Size
2,656 Ft²
Days on Market
-
Land Size
-
Price per sqft
$115
Property Type
House
Property Taxes
$496
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 #11432701)

Price History

Date / Event Date Event Price
Aug 30, 2022 Sold
Premium
Sold
Jun 12, 2022 Listed by McColly Rosenboom - B $305,000
Listed by McColly Rosenboom - B

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: 957
  • 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: SUN RIDGE ESTATES
  • Land Acres: 0000000021
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SUN RIDGE ESTATES 1ST LOT 70 08-31-12E

Neighborhood

  • School District Name: Bourbonnais School District 53
  • Census Tract: 010602

Geography

  • District: 17
  • Parcel: 17-09-08-303-020
  • Lot: 70
  • Municipality: BOURBONNAIS
  • Latitude: 41.1826
  • Longitude: -87.8718

    Address

  • Full Address: 1609 Sun Ridge Dr
  • Address - House Number: 1609
  • Address - Street Name: Sun Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Bourbonnais
  • Carrier Code: R005
  • 4-Digit Zip Code: 9200
  • Zip Code: 60914

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $626,178
  • Tax Rate Code Area: 17027

    Appraisal Valuation

  • Standard Deviation: 0.1942
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 76
  • Final Value: 331,386
  • High Value: 390,599
  • Low Value: 272,174

    Market Valuation

  • Market Total Value: $297,183
  • Market Land Value: $24,309
  • Market Improvement Value: $272,874

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $99,061
  • Assessed Land Value: $8,103
  • Assessed Improvements Value: $90,958

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 30, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 9963
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 Bourbonnais

Stats & Trends

Median Asking:

$299,000

Sale Price/ft²

$172

Below Asking

0.01%

Average Days on Market

50

Average Home Size

1960 ft²

Average Home Age

28.3 years

Currently For Sale

40 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: Petranka Nenova, McColly Rosenboom - B
Last Updated: 3 years ago
Data Source: MRED, MLS# 11432701
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 1609 Sun Ridge Drive built and last sold?
The property at 1609 Sun Ridge Drive was built in and last sold on Aug 30, 2022 for $305,000.
How much is this home worth?
The estimated value of the home located at 1609 Sun Ridge Drive is $0.
What are some comparable homes to 1609 Sun Ridge Drive?
There are currently no comparable homes to 1609 Sun Ridge Drive.
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