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Aurora 60504 South Farnsworth
1742 NANCY Lane
$259,000
● House - Off Market

1742 NANCY Lane

Aurora, IL 60504
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,828 Ft²
$288,803
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

4 bedroom home on a corner lot with fenced yard & wrap around porch. With 1800sqft you'll have plenty of space to spread out in this 2 story home. Both the Family room & Living room give you nice living space options & makes entertaining a breeze. Great kitchen layout w/cherry stained cabinets, granite counters, SS appl & a breakfast bar that opens up to the large eating area w/sliders to the back yard. Vaulted ceiling in Master Bedroom w/private bath & walk-in closet. The other 3 bedrooms are all good sizes! The back outdoor space is amazing also! Imagine yourselves relaxing on the oversized deck or hanging out in the hot tub or around the firepit. Only mins from downtown, which offers so many dining, shopping & entertainment options.
Unit Size
1,828 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$142
Property Type
House
Property Taxes
$399
HOA Dues
$83
Year Built
2007

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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 #11217380)

Price History

Date / Event Date Event Price
Nov 1, 2021 Sold
Premium
Sold
Sep 24, 2021 Listed by Baird & Warner Real Estate - Algonquin $259,000
Listed by Baird & Warner Real Estate - Algonquin

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,969
  • Total Building Area: 2,028
  • Gross Building Area: 2,028
  • Building Area: 1,828
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,828
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: WATERFORD MULTIPLEX
  • Land Acres: 0000000160
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: WATERFORD MULTIPLEX UNIT 9 LOT # 31 AS DESC IN DOC 2007K010727

Neighborhood

  • School District Name: Aurora East Unit School District 131
  • Census Tract: 854402

Geography

  • Parcel: 15-25-375-202
  • Lot: 31
  • Municipality: AURORA
  • Latitude: 41.7441
  • Longitude: -88.2752

    Address

  • Full Address: 1742 Nancy Ln
  • Legal Unit: 9
  • Address - House Number: 1742
  • Address - Street Name: Nancy
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Aurora
  • Carrier Code: C104
  • 4-Digit Zip Code: 4399
  • Zip Code: 60504

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $513,012
  • Tax Rate Code Area: AU021

    Appraisal Valuation

  • Standard Deviation: 0.1489
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 82
  • Final Value: 298,572
  • High Value: 343,055
  • Low Value: 254,089

    Market Valuation

  • Market Total Value: $220,651
  • Market Land Value: $21,975
  • Market Improvement Value: $198,676

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $73,521
  • Assessed Land Value: $7,322
  • Assessed Improvements Value: $66,199

    Sales

  • Current Sale Contract Date: Oct 13, 2021
  • Current Sale Recording Date: Nov 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K088614
  • Previous Sale Recording Date: Oct 04, 2010
  • Previous Sale Contract Date: Sep 09, 2010
  • 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 South Farnsworth

Stats & Trends

Median Asking:

$290,000

Sale Price/ft²

$193

Below Asking

0.01%

Average Days on Market

49

Average Home Size

1505 ft²

Average Home Age

22.3 years

Currently For Sale

22 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: Hilda Jones, Baird & Warner Real Estate - Algonquin
Last Updated: 3 years ago
Data Source: MRED, MLS# 11217380
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 1742 Nancy Lane built and last sold?
The property at 1742 Nancy Lane was built in 2007 and last sold on Oct 13, 2021 for $259,000.
How much is this home worth?
The estimated value of the home located at 1742 Nancy Lane is $0.
What are some comparable homes to 1742 Nancy Lane?
There are currently no comparable homes to 1742 Nancy Lane.
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