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Marseilles 61341
307 Scott Street
$125,000
● House - Off Market

307 Scott Street

Marseilles, IL 61341
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,648 Ft²
$138,114
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

Charming 4 bedroom, 2 bath north side home.  You'll love the gleaming hardwood floors, natural woodwork, and built-ins.  Plenty of closets.  Separate dining room with bay windows.  Main floor could be den, office, etc.  Private location on the end of a dead end street near a park like wooded area.  Two car detached garage with alley access.  $2500.00 plumbing credit. Home warranty included.
Unit Size
1,648 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$73
Property Type
House
Property Taxes
$269
HOA Dues
-
Year Built
1938

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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: 2 years ago (MRED MLS #11123706)

Price History

Date / Event Date Event Price
Jul 21, 2021 Sold
Premium
Sold
Jun 14, 2021 Listed by Windsor Realty $119,500
Listed by Windsor Realty

Property Highlights

Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 1938
  • Effective Year Built: 1938
  • 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: 9,583
  • Total Building Area: 1,648
  • Gross Building Area: 1,648
  • Building Area: 1,648
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,648
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: FAIRVIEW ADD
  • Land Acres: 0000000220
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: FAIRVIEW ADD, LT 6 & W1/2 LT 5 BLK 2 SEC 18-33-5

Neighborhood

  • School District Name: Marseilles Elementary School District 150
  • Census Tract: 962400

Geography

  • District: MA
  • Parcel: 24-18-300-004
  • Block: 2
  • Lot: 6-5
  • Meridian: SEC 18 TWN 33 RNG 05
  • Municipality: MANLIUS TOWNSHIP
  • Latitude: 41.332
  • Longitude: -88.704

    Address

  • Full Address: 307 Scott St
  • Address - House Number: 307
  • Address - Street Name: Scott
  • Address - Suffix Type: St
  • State: IL
  • City Name: Marseilles
  • Carrier Code: C003
  • 4-Digit Zip Code: 1566
  • Zip Code: 61341

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $305,132
  • Tax Rate Code Area: MA005

    Appraisal Valuation

  • Standard Deviation: 0.2247
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 69
  • Final Value: 141,032
  • High Value: 172,724
  • Low Value: 109,340

    Market Valuation

  • Market Total Value: $85,980
  • Market Land Value: $11,691
  • Market Improvement Value: $74,289

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $28,660
  • Assessed Land Value: $3,897
  • Assessed Improvements Value: $24,763

    Sales

  • Current Sale Contract Date: Jul 21, 2021
  • Current Sale Recording Date: Jul 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021-11477
  • Previous Sale Recording Date: Jun 11, 2010
  • Previous Sale Contract Date: Jun 04, 2010
  • Previous Sale Document Type: 41
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 Marseilles

Stats & Trends

Median Asking:

$169,900

Sale Price/ft²

$134

Below Asking

0.01%

Average Days on Market

49

Average Home Size

35869 ft²

Average Home Age

93 years

Currently For Sale

11 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

Unit for rent at 764 Colorado Street, Marseilles, IL, 61341

$780 /mo

  • 1 Bed
  • 1 Bath
  • 700 ft²
764 Colorado Street #1, Marseilles, IL, 61341 Listing by Chris Czarnowski

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Kimberly Eddy, Windsor Realty
Last Updated: 2 years ago
Data Source: MRED, MLS# 11123706
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 307 Scott Street built and last sold?
The property at 307 Scott Street was built in 1938 and last sold on Jul 21, 2021 for $125,000.
How much is this home worth?
The estimated value of the home located at 307 Scott Street is $0.
What are some comparable homes to 307 Scott Street?
There are currently no comparable homes to 307 Scott Street.
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