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Ogle 61061
3099 SILVER RIDGE DR.
$220,000
● House - Off Market

3099 SILVER RIDGE DR.

Oregon, IL 61061
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
$390,619
RealtyHop Estimate
70.58%
Since Apr 1, 2007
National-US
Primary Model

About This Property

CAPE COD HOME IN BEAUTIFUL COUNTRY SUBDIVISION SURROUNDED BY 18 HOLEGOLF COURSE.  APPROX.  2300 SQ FT GORGEOUS OAK PANEL DOORS & TRIM. 1ST FL. MASTER BEDROOM W/ LOADS OF STORAGE. 1ST FL. LAUNDRY. OPEN STAIRWAY TO 13X28 LOFT. FORMAL DINING ROOM. BEAUTIFUL PERENIALS & FRONT PORCH.  DESK IN DEN, RIDING LAWN MOWER, BAR STOOLS, HORIZONTAL BLINDS & APPLIANCES STAY
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$395
HOA Dues
-
Year Built
2004

Payment Calculator

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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.

Property Highlights

Air Conditioning
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • 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 Count: 150
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,568
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 27,809
  • Total Building Area: 2,352
  • Building Area: 2,352
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 2,352
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SILVER RIDGE SUBD
  • Land Acres: 0000000638
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: RNG/BLK:10 TWP:24 SECT/LOT:21 LOT 30 SILVER RIDGE SUBD

Neighborhood

  • School District Name: Oregon Community Unit School District 220
  • Census Tract: 960700

Geography

  • District: 21
  • Parcel: 09-21-376-010
  • Block: 10
  • Lot: 21,30
  • Meridian: SEC 21 TWN 24 RNG 10
  • Municipality: ROCKVALE
  • Latitude: 42.0594
  • Longitude: -89.3507

    Address

  • Full Address: 3099 N Silver Ridge Dr
  • Address - House Number: 3099
  • Street Direction: N
  • Address - Street Name: Silver Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oregon
  • Carrier Code: R003
  • 4-Digit Zip Code: 8810
  • Zip Code: 61061

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $427,864
  • Tax Rate Code Area: 2142

    Appraisal Valuation

  • Standard Deviation: 0.1833
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 76
  • Final Value: 239,619
  • High Value: 283,556
  • Low Value: 195,681

    Market Valuation

  • Market Total Value: $215,271
  • Market Land Value: $36,144
  • Market Improvement Value: $179,127

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,757
  • Assessed Land Value: $12,048
  • Assessed Improvements Value: $59,709

    Sales

  • Current Sale Contract Date: Apr 18, 2022
  • Current Sale Recording Date: Apr 18, 2022
  • Current Sale Document Type: 26
  • Current Sale Input Document Number: 202202272
  • Previous Sale Recording Date: Nov 30, 2016
  • Previous Sale Contract Date: Nov 17, 2016
  • Previous Sale Amount: $163,500
  • Previous Sale Document Type: 71

    Last Sale Mortgage

  • First Mortgage Transaction Date:
    Premium
  • First Mortgage Loan Type:
    Premium
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 Ogle

Stats & Trends

Median Asking:

$225,000

Sale Price/ft²

$144

Above Asking

8.12%

Average Days on Market

49

Average Home Size

2149 ft²

Average Home Age

62.9 years

Currently For Sale

101 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: MARY MUDGE, Remax Of Rock Valley
Data Source: MRED, MLS# MRD06324457
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 3099 North Silver Ridge Drive built and last sold?
The property at 3099 North Silver Ridge Drive was built in 2004 and last sold on Apr 18, 2022 for $0.
How much is this home worth?
The estimated value of the home located at 3099 North Silver Ridge Drive is $174,437.
What are some comparable homes to 3099 North Silver Ridge Drive?
There are currently no comparable homes to 3099 North Silver Ridge Drive.
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