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McHenry 60152 Koda Ridge
1620 Koda Drive
$515,000
● House - Off Market

1620 Koda Drive

Marengo, IL 60152
bedrooms
4 Beds
bathrooms
4 Baths
square feet
3,000 Ft²
$541,004
RealtyHop Estimate
3.05%
Since Apr 1, 2023
National-US
Primary Model

About This Property

Two story 3,000 sq ft Colonial on 5 wooded acres plus 1,700sq ft finished basement. Four bedrooms and four full bathrooms. Master bedroom has a privet bathroom, his and hers walk in closets and balcony. Beautiful kitchen with large eating area. Formal dining room, living room, family room with a fireplace. First floor laundry room and office. Beautifull large basement with a fireplace and second full kitchen. 31' x 14' large deck, 12 x 16 shed. 9'x 10' concrete grill area. Three car oversize garage.
Unit Size
3,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$175
Property Type
House
Property Taxes
$683
HOA Dues
-
Year Built
-

Payment Calculator

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11690318)

Price History

Date / Event Date Event Price
Mar 29, 2023 Sold
Premium
Sold
Dec 20, 2022 Listed by RE/MAX City $525,000
Listed by RE/MAX City

Property Highlights

Garage
Air Conditioning

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
  • Living Units: 1
  • 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: 218,671
  • 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: KODA RIDGE
  • Land Acres: 0000004000
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 87R007058 LT 5 KODA RIDGE

Neighborhood

  • School District Name: Marengo Community High School District 154
  • Census Tract: 871003

Geography

  • Parcel: 11-11-327-002
  • Block: 327
  • Lot: 5
  • Municipality: MARENGO TWP
  • Latitude: 42.3045
  • Longitude: -88.6201

    Address

  • Full Address: 1620 Koda Dr
  • Address - House Number: 1620
  • Address - Street Name: Koda
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Marengo
  • Carrier Code: R001
  • 4-Digit Zip Code: 8608
  • Zip Code: 60152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $875,814
  • Tax Rate Code Area: 11002

    Appraisal Valuation

  • Standard Deviation: 0.1559
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 502,293
  • High Value: 580,612
  • Low Value: 423,973

    Market Valuation

  • Market Total Value: $385,968
  • Market Land Value: $104,379
  • Market Improvement Value: $281,589

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,656
  • Assessed Land Value: $34,793
  • Assessed Improvements Value: $93,863

    Sales

  • Current Sale Contract Date: Mar 29, 2023
  • Current Sale Recording Date: Mar 31, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7070
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 Koda Ridge

Stats & Trends

Median Asking:

$775,000

Sale Price/ft²

$200

Below Asking

0.02%

Average Days on Market

19

Average Home Size

3414 ft²

Average Home Age

29.6 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

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MRED

Listed by: Adam Smolen, RE/MAX City
Last Updated: 3 years ago
Data Source: MRED, MLS# 11690318
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 1620 Koda Drive built and last sold?
The property at 1620 Koda Drive was built in and last sold on Mar 29, 2023 for $510,000.
How much is this home worth?
The estimated value of the home located at 1620 Koda Drive is $0.
What are some comparable homes to 1620 Koda Drive?
There are currently no comparable homes to 1620 Koda Drive.
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