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Spring Valley 61362
201 Nelson Avenue
$165,000
● House - Off Market

201 Nelson Avenue

Spring Valley, IL 61362
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,369 Ft²
$830
Est. Monthly

About This Property

Well Maintained solid 3-bedroom brick ranch located in Webster Park on .4 acre corner lot. This home features hardwood floors throughout the dining, living and all 3 bedrooms, original built-ins, full partially finished basement, 2 car att. garage, deck, 2 sheds, fenced yard & a very large concrete driveway with parking for approx. 6 vehicles. Stainless appliances and washer dryer included. Full partially finished basement with family room, office and 1/2 Bath
Unit Size
1,369 Ft²
Days on Market
-
Land Size
0.42 acres
Price per sqft
$123
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
-

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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: 2 years ago (MRED MLS #11926050)

Price History

Date / Event Date Event Price
Feb 20, 2024 Sold
Premium
Sold
Nov 5, 2023 Listed by Coldwell Banker Today's, Realtors $169,000
Listed by Coldwell Banker Today's, Realtors

Property Highlights

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
  • 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: 18,267
  • Lot Size Depth Feet: 1,556
  • Lot Size Frontage Feet: 1,174
  • 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: GLENN'S 3RD ADD
  • Land Acres: 0000000419
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: SPRING VALLEY-GLENN'S THIRD ADD. L 5 BLK 5 (117.37X 155.56)

Neighborhood

  • School District Name: Spring Valley Community Consolidated School District 99
  • Census Tract: 965200

Geography

  • Account Number: 1835429006
  • District: 18
  • Parcel: 18-35-429-006
  • Block: 5
  • Lot: 5
  • Meridian: SEC 35 TWN 16 RNG 11
  • Municipality: HALL
  • Latitude: 41.3243
  • Longitude: -89.1794

    Address

  • Full Address: 201 Nelson Ave
  • Address - House Number: 201
  • Address - Street Name: Nelson
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Spring Valley
  • Carrier Code: R002
  • 4-Digit Zip Code: 2318
  • Zip Code: 61362

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 18005

    Appraisal Valuation

  • Standard Deviation: 0.1389
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 83
  • Final Value: 160,803
  • High Value: 183,582
  • Low Value: 138,023

    Market Valuation

  • Market Total Value: $110,151
  • Market Land Value: $13,140
  • Market Improvement Value: $97,011

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $36,717
  • Assessed Land Value: $4,380
  • Assessed Improvements Value: $32,337

    Sales

  • Current Sale Contract Date: Jan 26, 2024
  • Current Sale Recording Date: Feb 26, 2024
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 510
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 Spring Valley

Stats & Trends

Median Asking:

$149,500

Sale Price/ft²

$116

Below Asking

0.05%

Average Days on Market

57

Average Home Size

1303 ft²

Average Home Age

93.1 years

Currently For Sale

9 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

Rentals Near You

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MRED

Listed by: Wendy Fulmer, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 11926050
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 201 Nelson Avenue built and last sold?
The property at 201 Nelson Avenue was built in and last sold on Jan 26, 2024 for $165,000.
How much is this home worth?
The estimated value of the home located at 201 Nelson Avenue is $169,638.
What are some comparable homes to 201 Nelson Avenue?
There are currently no comparable homes to 201 Nelson Avenue.
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