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Woodford 61738
2783 County Road 1100 Road
$432,000
● House - Off Market

2783 County Road 1100 Road

El Paso, IL 61738
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,318 Ft²
$450,055
RealtyHop Estimate
2.31%
Since Aug 1, 2022
National-US
Primary Model

About This Property

Absolute stunning property! 3 bedroom 2.5 bath house built in 2019 right on the edge of El Paso that sits on 2 acres. Main floor has cathedral ceilings, an office, laundry and master bedroom with a huge walk in shower and dual sink vanity. Upstairs are 2 additional bedrooms, a bathroom with dual sink vanity, a loft, a playroom/office and a bonus room with hidden access, come see for yourself. The basement is ready to be finished with 2 egress windows and a bathroom rough in. Along with the side load 2 car garage there is a 24x32 detached insulated garage/shed with floor drain.
Unit Size
4,318 Ft²
Days on Market
-
Land Size
2.03 acres
Price per sqft
$102
Property Type
House
Property Taxes
$807
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 #11401562)

Price History

Date / Event Date Event Price
Jul 21, 2022 Sold
Premium
Sold
May 12, 2022 Listed by Keller Williams Revolution $439,900
Listed by Keller Williams Revolution

Property Highlights

Garage
Air Conditioning

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: 87,991
  • 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: TYLERS ADDIITON
  • Land Acres: 0000002020
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: T26N - R2E - S05 MERLIN FRANKE'S 3RD SUBD TRACT 1

Neighborhood

  • School District Name: El Paso-Gridley Community Unit School District 11
  • Census Tract: 030700

Geography

  • District: 16
  • Subdivision Tract Number: 1
  • Parcel: 16-05-203-013
  • Meridian: SEC 05 TWN 26N RNG 02E
  • Municipality: EL PASO
  • Latitude: 40.7512
  • Longitude: -89.0088

    Address

  • Full Address: 2783 County Road 1100 N
  • Address - House Number: 2783
  • Street Segment Direction: N
  • Address - Street Name: County Road 1100
  • State: IL
  • City Name: El Paso
  • Carrier Code: R003
  • 4-Digit Zip Code: 1864
  • Zip Code: 61738

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $998,558
  • Tax Rate Code Area: 16001

    Appraisal Valuation

  • Standard Deviation: 0.0929
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 91
  • Final Value: 442,722
  • High Value: 483,868
  • Low Value: 401,576

    Market Valuation

  • Market Total Value: $404,628
  • Market Land Value: $46,029
  • Market Improvement Value: $358,599

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $134,876
  • Assessed Land Value: $15,343
  • Assessed Improvements Value: $119,533

    Sales

  • Current Sale Contract Date: Jul 21, 2022
  • Current Sale Recording Date: Jul 25, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2939
  • Previous Sale Recording Date: Oct 30, 2018
  • Previous Sale Contract Date: Oct 25, 2018
  • Previous Sale Amount: $42,500
  • 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 Woodford

Stats & Trends

Median Asking:

$201,500

Sale Price/ft²

$103

Below Asking

0.02%

Average Days on Market

46

Average Home Size

2084 ft²

Average Home Age

119.7 years

Currently For Sale

16 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

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MRED

Listed by: Katie Golliday, Keller Williams Revolution
Last Updated: 3 years ago
Data Source: MRED, MLS# 11401562
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 2783 County Rd 1100 North built and last sold?
The property at 2783 County Rd 1100 North was built in and last sold on Jul 21, 2022 for $432,000.
How much is this home worth?
The estimated value of the home located at 2783 County Rd 1100 North is $452,848.
What are some comparable homes to 2783 County Rd 1100 North?
There are currently no comparable homes to 2783 County Rd 1100 North.
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