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Philo 61864
206 Franks Drive
$200,000
● House - Off Market

206 Franks Drive

Philo, IL 61864
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,427 Ft²
$205,953
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Enjoy small town living in this well maintained ranch home located on a cul-de-sac! Large entertaining 9' x 34' deck overlooking a spacious fenced in back yard with mature trees.  All interior floors updated to wood laminate in 2017. Furnace - 2013 maintenanced yearly. Stay warm by the fireplace in the Living Room. French doors lead you from the Master Bedroom to the newly added 4 Season Room with vaulted ceiling and gas stove.
Unit Size
1,427 Ft²
Days on Market
-
Land Size
-
Price per sqft
$140
Property Type
House
Property Taxes
$222
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: 3 years ago (MRED MLS #11327740)

Price History

Date / Event Date Event Price
Mar 30, 2022 Sold
Premium
Sold
Feb 18, 2022 Listed by Coldwell Banker R.E. Group $200,000
Listed by Coldwell Banker R.E. Group

Property Highlights

Air Conditioning
Fireplace

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
  • Living Units: 1
  • 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: 12,801
  • 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: HALES, E.B., 2ND ADD
  • Land Acres: 0000000294
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 7 BLOCK 10 HALES, E.B., 2ND ADD

Neighborhood

  • School District Name: Tolono Community Unit School District 7
  • School Tax School District: 101
  • Census Tract: 010901

Geography

  • District: 19
  • Parcel: 19-27-23-185-006
  • Block: 10
  • Lot: 7
  • Meridian: SEC 23 TWN 18N RNG 09E
  • Municipality: PHILO
  • Latitude: 40.0039
  • Longitude: -88.1557

    Address

  • Full Address: 206 E Van Buren St
  • Address - House Number: 206
  • Street Direction: E
  • Address - Street Name: Van Buren
  • Address - Suffix Type: St
  • State: IL
  • City Name: Philo
  • Carrier Code: R001
  • 4-Digit Zip Code: 5801
  • Zip Code: 61864

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $228,578
  • Tax Rate Code Area: 1902

    Appraisal Valuation

  • Standard Deviation: 0.2437
  • Valuation Date: Feb 21, 2024
  • Confidence Score: 65
  • Final Value: 180,086
  • High Value: 223,982
  • Low Value: 136,189

    Market Valuation

  • Market Total Value: $125,940
  • Market Land Value: $9,900
  • Market Improvement Value: $116,040

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $41,980
  • Assessed Land Value: $3,300
  • Assessed Improvements Value: $38,680

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 28, 2016
  • Current Sale Recording Date: Aug 15, 2016
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2016R15690
  • Previous Sale Recording Date: Nov 29, 2012
  • Previous Sale Contract Date: Nov 08, 2012
  • Previous Sale Amount: $125,000
  • 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 Philo

Stats & Trends

Median Asking:

$216,200

Sale Price/ft²

$145

Below Asking

0.02%

Average Days on Market

72

Average Home Size

1196 ft²

Average Home Age

87.7 years

Currently For Sale

3 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: Deana Gauze, Coldwell Banker R.E. Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11327740
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 206 East Franks Drive built and last sold?
The property at 206 East Franks Drive was built in and last sold on Jul 28, 2016 for $0.
How much is this home worth?
The estimated value of the home located at 206 East Franks Drive is $0.
What are some comparable homes to 206 East Franks Drive?
There are currently no comparable homes to 206 East Franks Drive.
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