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Batavia 60510
307 Spring Street
$295,000
● House - Off Market

307 Spring Street

Batavia, IL 60510
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,946 Ft²
$415,867
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Don't Miss This Newly Renovated 2 Story Batavia Gem. 4 Bedrooms including a Master Suite, 2.5 Beautiful Modern Baths, New All Stainless Kitchen with Quartz Counters, 2 Three-Season Rooms, New Washer-Dryer, New HVAC, Finished Basement, Attached 2 Car Garage and Large Yard. Easy To Show! Please See*Broker Remarks*For Appointments and Contract Information.
Unit Size
1,946 Ft²
Days on Market
-
Land Size
0.30 acres
Price per sqft
$160
Property Type
House
Property Taxes
$612
HOA Dues
-
Year Built
1870

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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 #10797145)

Price History

Date / Event Date Event Price
Oct 15, 2020 Sold
Premium
Sold
Jul 27, 2020 Listed by Greater Chicago Real Estate Inc. $311,000
Listed by Greater Chicago Real Estate Inc.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1870
  • Effective Year Built: 1870
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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 Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 6
  • Basement Area: 976
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,104
  • Lot Size Depth Feet: 1,560
  • Lot Size Frontage Feet: 840
  • Total Building Area: 1,946
  • Gross Building Area: 1,946
  • Building Area: 1,946
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,946
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JUDGE WILSONS HEIRS
  • Land Acres: 0000000301
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040

Neighborhood

  • School District Name: Batavia Unit School District 101
  • Census Tract: 852700

Geography

  • Parcel: 12-22-232-004
  • Block: 3
  • Lot: 11
  • Municipality: BATAVIA
  • Latitude: 41.8525
  • Longitude: -88.3027

    Address

  • Full Address: 307 Spring St
  • Address - House Number: 307
  • Address - Street Name: Spring
  • Address - Suffix Type: St
  • State: IL
  • City Name: Batavia
  • Carrier Code: C001
  • 4-Digit Zip Code: 2410
  • Zip Code: 60510

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $804,292
  • Tax Rate Code Area: BA005

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 74
  • Final Value: 394,731
  • High Value: 471,376
  • Low Value: 318,085

    Market Valuation

  • Market Total Value: $294,448
  • Market Land Value: $77,158
  • Market Improvement Value: $217,290

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $98,110
  • Assessed Land Value: $25,709
  • Assessed Improvements Value: $72,401

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 13, 2020
  • Current Sale Recording Date: Oct 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020K062367
  • Previous Sale Recording Date: Nov 26, 2019
  • Previous Sale Contract Date: Nov 18, 2019
  • Previous Sale Amount: $70,000
  • Previous Sale Document Type: 33

    Financing

  • First Mortgage Financing Type: FIX
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 Batavia

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$231

Below Asking

0.01%

Average Days on Market

41

Average Home Size

2381 ft²

Average Home Age

38 years

Currently For Sale

43 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 1611 Bentz Way, Batavia, IL, 60510

$2,800 /mo

  • 3 Beds
  • 2 Baths
  • 1,764 ft²
1611 Bentz Way, Batavia, IL, 60510 Listing by Irina Bugatova

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Allen Levin, Greater Chicago Real Estate Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 10797145
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 Spring Street built and last sold?
The property at 307 Spring Street was built in 1870 and last sold on Oct 13, 2020 for $295,000.
How much is this home worth?
The estimated value of the home located at 307 Spring Street is $0.
What are some comparable homes to 307 Spring Street?
There are currently no comparable homes to 307 Spring Street.
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