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Montgomery 60538
2054 William Drive
$360,000
● House - Off Market

2054 William Drive

Montgomery, IL 60538
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,320 Ft²
$385,597
RealtyHop Estimate
10.17%
Since Jan 1, 2022
National-US
Primary Model

About This Property

Sensational family home with nothing to do but move in! This stunning property features a recently remodeled kitchen complete with black stainless appliances, granite countertops, and farmhouse sink. Brand new Renewal by Anderson windows with UV protection are both functional and beautiful! Backyard boasts a brand new deck with two custom pergolas ready for placement and enjoyment plus two massive garden boxes for your summer garden! Ring doorbell, Nest thermostat, and smart switches included! Water heater and sump pump are less than a year old, roof is 3 years old, HVAC system is less than 5 years old... literally not a thing to do but move in and enjoy! Don't let this be the one that got away!
Unit Size
3,320 Ft²
Days on Market
-
Land Size
-
Price per sqft
$105
Property Type
House
Property Taxes
$763
HOA Dues
$3
Year Built
2007

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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 #11268977)

Price History

Date / Event Date Event Price
Dec 24, 2021 Sold
Premium
Sold
Nov 18, 2021 Listed by Keller Williams Infinity $350,000
Listed by Keller Williams Infinity

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,519
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 710
  • Total Building Area: 3,720
  • Gross Building Area: 3,720
  • Building Area: 3,320
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 3,320
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ORCHARD PRAIRIE NORTH
  • Land Acres: 0000000196
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 90 ORCHARD PRAIRIE NORTH VILLAGE OF MONTGOMERY

Neighborhood

  • School District Name: Oswego Community Unit School District 308
  • Census Tract: 890404

Geography

  • Assessors Map Reference: 3198-E5
  • Parcel: 02-01-128-018
  • Lot: 90
  • Municipality: BRISTOL TOWNSHIP
  • Latitude: 41.7212
  • Longitude: -88.3813

    Address

  • Full Address: 2054 William Dr
  • Address - House Number: 2054
  • Address - Street Name: William
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Montgomery
  • Carrier Code: R001
  • 4-Digit Zip Code: 6004
  • Zip Code: 60538

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $976,244
  • Tax Rate Code Area: BR064

    Appraisal Valuation

  • Standard Deviation: 0.1416
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 433,606
  • High Value: 495,035
  • Low Value: 372,178

    Market Valuation

  • Market Total Value: $324,180
  • Market Land Value: $32,412
  • Market Improvement Value: $291,768

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,060
  • Assessed Land Value: $10,804
  • Assessed Improvements Value: $97,256

    Sales

  • Current Sale Contract Date: Dec 10, 2021
  • Current Sale Recording Date: Jan 10, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 528
  • Previous Sale Recording Date: Jul 12, 2007
  • Previous Sale Contract Date: Jul 06, 2007
  • Previous Sale Amount: $293,500
  • Previous Sale Document Type: 68
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

$196

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2083 ft²

Average Home Age

23.1 years

Currently For Sale

41 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: Elyse Moore, Keller Williams Infinity
Last Updated: 3 years ago
Data Source: MRED, MLS# 11268977
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 2054 William Drive built and last sold?
The property at 2054 William Drive was built in 2007 and last sold on Dec 10, 2021 for $360,000.
How much is this home worth?
The estimated value of the home located at 2054 William Drive is $0.
What are some comparable homes to 2054 William Drive?
There are currently no comparable homes to 2054 William Drive.
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