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Livingston 61319
24049 N 1300 East Road E
$140,000
● House - Off Market

24049 N 1300 East Road E

Cornell, IL 61319
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,504 Ft²
$137,989
RealtyHop Estimate
2.98%
Since Apr 1, 2022
National-US
Primary Model

About This Property

Spacious ranch home with 4  bedrooms, family room with ,spacious living room, and dining room .Has a 2 car attached garage, 30 x 54 metal building with electric to it and a 16 x68 connecting deck that is fenced in .The geothermal heating/central air  with an electronic filter system for dust and allergies. Great place for family and horses on this 2.23 acre. Owner of record is Secretary of Veterans Affairs . VA recommends buyer purchase title insurance.
Unit Size
2,504 Ft²
Days on Market
-
Land Size
2.23 acres
Price per sqft
$54
Property Type
House
Property Taxes
$377
HOA Dues
-
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 #11169080)

Price History

Date / Event Date Event Price
Mar 11, 2022 Sold
Premium
Sold
Jul 26, 2021 Listed by BHHS Central Illinois REALTORS $134,000
Listed by BHHS Central Illinois REALTORS

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 7
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 1
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 552
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 97,139
  • Total Building Area: 2,504
  • Building Area: 2,504
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,504
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NA
  • Land Acres: 0000002230
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: 09-18-400-005 S19 T29 R5 2.23 ACRES E270' S360' OF S1/2 SE

Neighborhood

  • School District Name: Flanagan-Cornell District 74 in Cornell
  • Census Tract: 960400

Geography

  • District: 09
  • Parcel: 09-09-18-400-005
  • Meridian: SEC 19 TWN 29N RNG 05E
  • Municipality: ESMEN
  • Latitude: 40.976
  • Longitude: -88.6827

    Address

  • Full Address: 24049 N 1300 East Rd
  • Address - House Number: 24049
  • Street Direction: N
  • Address - Street Name: 1300 East
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Cornell
  • Carrier Code: R009
  • 4-Digit Zip Code: 9569
  • Zip Code: 61319

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $568,788
  • Tax Rate Code Area: 09006

    Appraisal Valuation

  • Standard Deviation: 0.2568
  • Valuation Date: Oct 11, 2023
  • Confidence Score: 63
  • Final Value: 223,092
  • High Value: 280,387
  • Low Value: 165,798

    Market Valuation

  • Market Total Value: $213,942
  • Market Land Value: $22,077
  • Market Improvement Value: $191,865

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,314
  • Assessed Land Value: $7,359
  • Assessed Improvements Value: $63,955

    Sales

  • Current Sale Contract Date: Feb 02, 2022
  • Current Sale Recording Date: Apr 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2022R-01625
  • Previous Sale Recording Date: May 17, 2021
  • Previous Sale Contract Date: Apr 01, 2021
  • Previous Sale Document Type: 30

    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 Livingston

Stats & Trends

Median Asking:

$175,000

Sale Price/ft²

$116

Below Asking

0.02%

Average Days on Market

50

Average Home Size

1786 ft²

Average Home Age

85.5 years

Currently For Sale

80 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: Alan Birlingmair, BHHS Central Illinois REALTORS
Last Updated: 3 years ago
Data Source: MRED, MLS# 11169080
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 24049 North 1300 E Road built and last sold?
The property at 24049 North 1300 E Road was built in 2007 and last sold on Feb 2, 2022 for $140,000.
How much is this home worth?
The estimated value of the home located at 24049 North 1300 E Road is $0.
What are some comparable homes to 24049 North 1300 E Road?
There are currently no comparable homes to 24049 North 1300 E Road.
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