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Grundy 60450
2970 N Dwight Road
$230,000
● House - Off Market

2970 N Dwight Road

Morris, IL 60450
bedrooms
3 Beds
bathrooms
2 Baths
$237,443
RealtyHop Estimate
5.53%
Since Dec 1, 2022
National-US
Primary Model

About This Property

Check out this open floor plan ranch just outside of town! 3 bedrooms, 2 full baths, 2.5 car garage on 0.5 Acres. Brand new laminate flooring installed through the main living areas. Everything has been freshly painted. Call today for your private showings!
Unit Size
-
Days on Market
-
Land Size
0.50 acres
Price per sqft
-
Property Type
House
Property Taxes
$366
HOA Dues
-
Year Built
1998

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Cap Rate Calculator

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Cap Rate 100% Occupancy
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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 #11648957)

Price History

Date / Event Date Event Price
Nov 18, 2022 Sold
Premium
Sold
Oct 10, 2022 Listed by Coldwell Banker Real Estate Group $225,000
Listed by Coldwell Banker Real Estate Group

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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 Count: 100
  • 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: 21,780
  • Lot Size Depth Feet: 2,080
  • Lot Size Frontage Feet: 1,040
  • Total Building Area: 1,512
  • Gross Building Area: 1,512
  • Building Area: 1,512
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,512
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: STR
  • Land Acres: 0000000500
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: PT OF N883' W1/2 NE SEC 21-33-7

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000500

Geography

  • District: 17
  • Parcel: 05-21-200-001
  • Meridian: SEC 21 TWN 33N RNG 07W
  • Municipality: WAUPONSEE TOWNSHIP
  • Latitude: 41.3281
  • Longitude: -88.4304

    Address

  • Full Address: 2970 N Dwight Rd
  • Address - House Number: 2970
  • Street Direction: N
  • Address - Street Name: Dwight
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Morris
  • Carrier Code: R005
  • 4-Digit Zip Code: 8388
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $502,989
  • Initial Tax Delinquent Year: 2021
  • Tax Rate Code Area: 17001

    Appraisal Valuation

  • Standard Deviation: 0.1875
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 237,544
  • High Value: 282,091
  • Low Value: 192,998

    Market Valuation

  • Market Total Value: $190,599
  • Market Land Value: $21,018
  • Market Improvement Value: $169,581

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,533
  • Assessed Land Value: $7,006
  • Assessed Improvements Value: $56,527

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 09, 2022
  • Current Sale Recording Date: Dec 14, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 617247
  • Previous Sale Recording Date: Mar 08, 2018
  • Previous Sale Contract Date: Feb 28, 2018
  • Previous Sale Amount: $181,000
  • 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 Grundy

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2072 ft²

Average Home Age

40.8 years

Currently For Sale

117 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

Rentals Near You

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MRED

Listed by: Dana Hathorn, Coldwell Banker Real Estate Group
Last Updated: 3 years ago
Data Source: MRED, MLS# 11648957
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 2970 North Dwight Road built and last sold?
The property at 2970 North Dwight Road was built in 1998 and last sold on Dec 9, 2022 for $230,000.
How much is this home worth?
The estimated value of the home located at 2970 North Dwight Road is $0.
What are some comparable homes to 2970 North Dwight Road?
There are currently no comparable homes to 2970 North Dwight Road.
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