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McHenry 60012 Ridgestone
3007 Springbrook Road
$550,000
● House - Off Market

3007 Springbrook Road

Crystal Lake, IL 60012
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,034 Ft²
$568,445
RealtyHop Estimate
-0.27%
Since Aug 1, 2023
National-US
Primary Model

About This Property

THIS SPRAWLING ONE OF A KIND,CUSTOM BUILT RANCH HOME ON NEARLY 2 ACRES OFFERS A PEACEFULL LIFESTYLE IN A SAFE FAMILY FRIENDLY NEIGHBORHOOD  LIGHT ANDAIRY DESIGNERS KITCHEN WITH NEW APPLIANCES QUARTZ COUNTERTOPS OVERSIZED ISLAND AND TONS OF STORAGEWILL MAKE ANYONE A COOK!  THIS HOME OFFERS A LARGE ENTERTAIMENT SPACE ALREADYEQUIPPED WITH A POOL TABLE AND ACCESSORIES. YOU WILL ALSO FIND 2 ELECTRIC AND ONE WOOD BURNING FIREPLACE , NEW (2023) GARAGE DOORS ON A 3.5 CAR GARAGE , NEW ROOF & SIDING (2021)  GREAT OUTDOOR SPACE TO RELAX AND UNWIND.
Unit Size
3,034 Ft²
Days on Market
-
Land Size
1.57 acres
Price per sqft
$188
Property Type
House
Property Taxes
$855
HOA Dues
-
Year Built
1978

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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 #11784088)

Price History

Date / Event Date Event Price
Jul 28, 2023 Sold
Premium
Sold
May 16, 2023 Listed by Century 21 Circle $570,000
Listed by Century 21 Circle

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 2
  • Partial Bathrooms: 4
  • Bathroom Plumbing Fixtures: 6
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 11
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 68,389
  • Total Building Area: 3,034
  • Gross Building Area: 3,034
  • Building Area: 3,034
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,034
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CRYSTAL SPRINGS UNIT 1
  • Land Acres: 0000001570
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2016R0002008 LT 1 BLK 5 CRYSTAL SPRINGS UNIT 1

Neighborhood

  • School District Name: Crystal Lake Community Consolidated School District 47
  • Census Tract: 870814

Geography

  • Parcel: 14-17-304-001
  • Block: 5
  • Lot: 1
  • Municipality: NUNDA TWP
  • Latitude: 42.2852
  • Longitude: -88.3324

    Address

  • Full Address: 3007 Springbrook Rd
  • Legal Unit: 1
  • Address - House Number: 3007
  • Address - Street Name: Springbrook
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Crystal Lake
  • Carrier Code: R018
  • 4-Digit Zip Code: 1126
  • Zip Code: 60012

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,078,556
  • Tax Rate Code Area: 14010

    Appraisal Valuation

  • Standard Deviation: 0.0972
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 91
  • Final Value: 614,793
  • High Value: 674,584
  • Low Value: 555,001

    Market Valuation

  • Market Total Value: $412,887
  • Market Land Value: $84,039
  • Market Improvement Value: $328,848

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $137,629
  • Assessed Land Value: $28,013
  • Assessed Improvements Value: $109,616

    Sales

  • Current Sale Contract Date: Jul 28, 2023
  • Current Sale Recording Date: Aug 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 18823
  • Previous Sale Recording Date: Jan 20, 2016
  • Previous Sale Contract Date: Dec 19, 2015
  • Previous Sale Amount: $270,000
  • 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 Ridgestone

Stats & Trends

Median Asking:

$719,450

Sale Price/ft²

$174

Below Asking

0.02%

Average Days on Market

63

Average Home Size

7750 ft²

Average Home Age

33.5 years

Currently For Sale

2 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: Ewa Kikolska, Century 21 Circle
Last Updated: 3 years ago
Data Source: MRED, MLS# 11784088
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 3007 Springbrook Road built and last sold?
The property at 3007 Springbrook Road was built in 1978 and last sold on Jul 28, 2023 for $550,000.
How much is this home worth?
The estimated value of the home located at 3007 Springbrook Road is $569,624.
What are some comparable homes to 3007 Springbrook Road?
There are currently no comparable homes to 3007 Springbrook Road.
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