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Belvidere 61008
1702 14TH Avenue
$102,500
● House - Off Market

1702 14TH Avenue

BELVIDERE, IL 61008
bedrooms
3 Beds
bathrooms
1 Bath, 1 Half Bath
$201,556
RealtyHop Estimate
70.81%
Since May 1, 2007
National-US
Primary Model

About This Property

VACANT.SOLD AS IS.BUYER TO VERIFY ALL INFO.NO SURVEY.NO DISCLOSURE.FUNDING VERIFICATION REQUIRED.ADDENDUMS TO FOLLOW ACCEPTED CONTRACT.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1989

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.

Property Highlights

Garage

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 2001
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 7
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,280
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 690
  • Total Building Area: 1,368
  • Building Area: 1,368
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 1,368
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SHEFIELD GREEN 06
  • Land Acres: 0000000190
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 35-44-3 SHEFFIELD GREEN 6 LT 26 BLK 16 1702 FOURTEENTH AVE

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010300

Geography

  • Account Number: 05-05-35-377-021
  • District: 050
  • Parcel: 05-35-377-021
  • Block: 16
  • Lot: 26
  • Municipality: BELVIDERE
  • Latitude: 42.2435
  • Longitude: -88.8563

    Address

  • Full Address: 1702 14th Ave
  • Address - House Number: 1702
  • Address - Street Name: 14th
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Belvidere
  • Carrier Code: C002
  • 4-Digit Zip Code: 5839
  • Zip Code: 61008

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $474,634
  • Initial Tax Delinquent Year: 2021

    Appraisal Valuation

  • Standard Deviation: 0.132
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 84
  • Final Value: 196,044
  • High Value: 221,938
  • Low Value: 170,149

    Market Valuation

  • Market Total Value: $147,024
  • Market Land Value: $17,745
  • Market Improvement Value: $129,279

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,008
  • Assessed Land Value: $5,915
  • Assessed Improvements Value: $43,093

    Sales

  • Current Sale Contract Date: Mar 14, 2023
  • Current Sale Recording Date: Apr 05, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Previous Sale Recording Date: May 24, 2007
  • Previous Sale Contract Date: May 24, 2007
  • Previous Sale Amount: $102,500
  • Previous Sale Document Type: 68

    Financing

  • First Mortgage Financing Type: ADJ
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 Belvidere

Stats & Trends

Median Asking:

$224,850

Sale Price/ft²

$144

Below Asking

0.01%

Average Days on Market

41

Average Home Size

1683 ft²

Average Home Age

42.6 years

Currently For Sale

17 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: John Murray, RE/MAX Key
Data Source: MRED, MLS# MRD06447272
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 1702 14th Avenue built and last sold?
The property at 1702 14th Avenue was built in 1989 and last sold on Mar 14, 2023 for $195,000.
How much is this home worth?
The estimated value of the home located at 1702 14th Avenue is $202,882.
What are some comparable homes to 1702 14th Avenue?
There are currently no comparable homes to 1702 14th Avenue.
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