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Freeport 61032
271 Concord Drive
$191,000
● House - Off Market

271 Concord Drive

Freeport, IL 61032
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,850 Ft²
$189,900
RealtyHop Estimate
0.00%
Since Dec 1, 2023
National-US
Primary Model

About This Property

Fabulous Tri-Level with a Full Usable Basement Situated on a Corner Lot! This Modern Style Home Features Hardwood Floors, White Trim & Doors, Replacement Windows, Maple Kitchen Cabinetry, Stainless Steel Appliances, Updated Tile Bathrooms, Solid Mechanicals and Main Floor Laundry.  New Roof 9/2015 by Hiester Construction.  Beautiful Finishes, Great Exterior Spaces - Patio, Heated Pool, Deck and Gardens.
Unit Size
1,850 Ft²
Days on Market
-
Land Size
-
Price per sqft
$103
Property Type
House
Property Taxes
$396
HOA Dues
-
Year Built
1965

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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 #11884858)

Price History

Date / Event Date Event Price
Nov 28, 2023 Sold
Premium
Sold
Sep 15, 2023 Listed by NextHome First Class $189,900
Listed by NextHome First Class

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • 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: 13,939
  • Lot Size Frontage Feet: 0
  • Total Building Area: 1,872
  • Building Area: 1,872
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,872
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PARK CREST SUBDIVISION
  • Land Acres: 0000000320
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LOT 14 PARK CREST SUB PLAT 6

Neighborhood

  • School District Name: Freeport School District 145
  • Census Tract: 000900

Geography

  • District: 18
  • Parcel: 18-13-35-130-006
  • Lot: 14
  • Municipality: FREEPORT
  • Latitude: 42.2995
  • Longitude: -89.6625

    Address

  • Full Address: 271 Concord Dr
  • Address - House Number: 271
  • Address - Street Name: Concord
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Freeport
  • Carrier Code: C027
  • 4-Digit Zip Code: 3569
  • Zip Code: 61032

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $475,398
  • Tax Rate Code Area: 18001

    Appraisal Valuation

  • Standard Deviation: 0.119
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 87
  • Final Value: 183,654
  • High Value: 205,517
  • Low Value: 161,792

    Market Valuation

  • Market Total Value: $132,903
  • Market Land Value: $11,079
  • Market Improvement Value: $121,824

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $44,301
  • Assessed Land Value: $3,693
  • Assessed Improvements Value: $40,608

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 01, 2015
  • Current Sale Recording Date: Mar 01, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 144508
  • Previous Sale Recording Date: Sep 02, 2009
  • Previous Sale Contract Date: Sep 02, 2009
  • Previous Sale Amount: $144,500
  • Previous Sale Document Type: 27
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 Freeport

Stats & Trends

Median Asking:

$124,900

Sale Price/ft²

$89

Below Asking

0.03%

Average Days on Market

53

Average Home Size

2073 ft²

Average Home Age

77.8 years

Currently For Sale

46 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: Kimberly Taylor, NextHome First Class
Last Updated: 3 years ago
Data Source: MRED, MLS# 11884858
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 271 Concord Drive built and last sold?
The property at 271 Concord Drive was built in 1965 and last sold on Mar 1, 2015 for $100,100.
How much is this home worth?
The estimated value of the home located at 271 Concord Drive is $0.
What are some comparable homes to 271 Concord Drive?
There are currently no comparable homes to 271 Concord Drive.
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