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Montgomery 60538
188 Holmes Place
$249,000
● House - Off Market

188 Holmes Place

Montgomery, IL 60538
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,261 Ft²
$418,492
RealtyHop Estimate
61.58%
Since Jun 1, 2017
National-US
Primary Model

About This Property

Absolutely pristine inside and out! Stunning two story with expansive views of of 3.5 acre park over looking 2 tier paver brick patio with firepit. Light and bright two story foyer and living room. Family room with fireplace opens to updated kitchen with eating area, SS appliances and a pantry. Private Master Suite with large walk-in closet, double vanities and separate soaker tub and shower. Full basement is patially finished and has a large separate storage area. Formal dining area with columns and 1st floor laundry. No SSA, HOA and truly "turn key". The seller has authorized a bidding process for this property. Submit your bids at TheHomeFutures. Find out more from the listing agent
Unit Size
2,261 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$115
Property Type
House
Property Taxes
$486
HOA Dues
-
Year Built
2006

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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 #09473352)

Price History

Date / Event Date Event Price
May 3, 2017 Sold
Premium
Sold
Jan 9, 2017 Listed by Baird & Warner $259,000
Listed by Baird & Warner

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,093
  • Garage Type: 1
  • Garage Square Area: 208
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,200
  • Total Building Area: 3,252
  • Gross Building Area: 3,252
  • Building Area: 1,951
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,951
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FIELDSTONE PLACE SUB
  • Land Acres: 0000000165
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: FIELDSTONE PLACE SUB LOT # 33

Neighborhood

  • School District Name: Aurora West Unit School District 129
  • Census Tract: 854002

Geography

  • Parcel: 15-33-457-011
  • Lot: 33
  • Municipality: AURORA
  • Latitude: 41.7241
  • Longitude: -88.3279

    Address

  • Full Address: 188 Holmes Pl
  • Address - House Number: 188
  • Address - Street Name: Holmes
  • Address - Suffix Type: Pl
  • State: IL
  • City Name: Montgomery
  • Carrier Code: C011
  • 4-Digit Zip Code: 1082
  • Zip Code: 60538

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $658,642
  • Tax Rate Code Area: AU132

    Appraisal Valuation

  • Standard Deviation: 0.1535
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 343,816
  • High Value: 396,626
  • Low Value: 291,006

    Market Valuation

  • Market Total Value: $262,485
  • Market Land Value: $51,897
  • Market Improvement Value: $210,588

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $87,460
  • Assessed Land Value: $17,292
  • Assessed Improvements Value: $70,168

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 03, 2017
  • Current Sale Recording Date: May 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K023521
  • Previous Sale Recording Date: Mar 09, 2006
  • Previous Sale Contract Date: Feb 28, 2006
  • Previous Sale Amount: $284,500
  • Previous Sale Document Type: 71
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

$199

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2086 ft²

Average Home Age

19.4 years

Currently For Sale

35 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 1476 Manning Avenue, Montgomery, IL, 60538

$2,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,872 ft²
1476 Manning Avenue, Montgomery, IL, 60538 Listing by Keerthi Gajula
Unit for rent at 1150 S Lincoln Avenue, Montgomery, IL, 60538

$2,600 /mo

  • 3 Beds
  • 2 Baths
  • 1,372 ft²
1150 S Lincoln Avenue, Montgomery, IL, 60538 Listing by Nicholas Brody

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , Baird & Warner
Last Updated: 3 years ago
Data Source: MRED, MLS# 09473352
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 188 Holmes Place built and last sold?
The property at 188 Holmes Place was built in 2006 and last sold on May 3, 2017 for $247,500.
How much is this home worth?
The estimated value of the home located at 188 Holmes Place is $0.
What are some comparable homes to 188 Holmes Place?
There are currently no comparable homes to 188 Holmes Place.
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