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Montgomery 60538
1844 Candlelight Circle
$286,000
● House - Off Market

1844 Candlelight Circle

Montgomery, IL 60538
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,754 Ft²
$2,046
Est. Monthly
$200
HOA / Fees
8.38%
Cap Rate

About This Property

Fantastic 3-bedroom end unit townhome featuring a dramatic 2-story foyer and 9-foot ceilings throughout the main level. The open-concept layout includes a living/sitting room with a separate dining area along with a spacious family room with a cozy fireplace. The kitchen offers a large island, ample cabinet space, and stainless-steel appliances. Upstairs, the expansive master suite with vaulted ceilings offers a beautifully updated bathroom, while two additional generously sized bedrooms a shared bath and a convenient laundry room complete the second floor. Enjoy added privacy with no neighbors behind and a large side yard-perfect for relaxing or entertaining. Seller will remove chair lift if not needed. For peace of mind the furnace and humidifier are newer (2021) Come take a look!
Unit Size
1,754 Ft²
Days on Market
-
Land Size
-
Price per sqft
$166
Property Type
House
Property Taxes
$417
HOA Dues
$200
Year Built
2004

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 29
  • Exterior Walls Type: 0
  • 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: 380
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 2,134
  • Gross Building Area: 2,134
  • Building Area: 1,754
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,754
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER SPRINGS CONDO
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: SILVER SPRINGS CONDO UNIT # 164

Neighborhood

  • School District Name: Yorkville Community Unit School District 115
  • Census Tract: 854508

Geography

  • Parcel: 14-34-484-016
  • Municipality: SUGAR GROVE
  • Latitude: 41.7228
  • Longitude: -88.4171

    Address

  • Full Address: 1844 Candlelight Cir
  • Legal Unit: 164
  • Address - House Number: 1844
  • Address - Street Name: Candlelight
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Montgomery
  • Carrier Code: R004
  • 4-Digit Zip Code: 3503
  • Zip Code: 60538

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $503,728
  • Tax Rate Code Area: SG070

    Appraisal Valuation

  • Standard Deviation: 0.1481
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 82
  • Final Value: 254,921
  • High Value: 292,677
  • Low Value: 217,164

    Market Valuation

  • Market Total Value: $172,473
  • Market Land Value: $20,570
  • Market Improvement Value: $151,903

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,468
  • Assessed Land Value: $6,854
  • Assessed Improvements Value: $50,614

    Sales

  • Current Sale Contract Date: May 21, 2021
  • Current Sale Recording Date: Jun 29, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K049717
  • Previous Sale Recording Date: Nov 29, 2012
  • Previous Sale Contract Date: Nov 09, 2012
  • Previous Sale Amount: $125,000
  • 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 Montgomery

Stats & Trends

Median Asking:

$390,000

Sale Price/ft²

$197

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2031 ft²

Average Home Age

20.1 years

Currently For Sale

37 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

Unit for rent at 538 Mallard Lane, Sugar Grove, IL, 60554

$2,950 /mo

  • 3 Beds
  • 1 Bath
  • 1,466 ft²
538 Mallard Lane #B, Sugar Grove, IL, 60554 Listing by John Sommer
Unit for rent at 2208 Rebecca Circle, Montgomery, IL, 60538

$2,600 /mo

  • 4 Beds
  • 2 Baths
  • 1,784 ft²
2208 Rebecca Circle #2208, Montgomery, IL, 60538 Listing by Eabad Haque

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kristine Henderson, Coldwell Banker Real Estate Group
Data Source: MRED, MLS# MRD12343516
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 1844 Candlelight Circle built and last sold?
The property at 1844 Candlelight Circle was built in 2004 and last sold on May 21, 2021 for $215,000.
How much is this home worth?
The estimated value of the home located at 1844 Candlelight Circle is $297,414.
What are some comparable homes to 1844 Candlelight Circle?
There are currently no comparable homes to 1844 Candlelight Circle.
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