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Plano 60545
312 Palomino Drive
$355,950
● House - Off Market

312 Palomino Drive

Plano, IL 60545
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,264 Ft²
$2,558
Est. Monthly
$16
HOA / Fees
6.20%
Cap Rate

About This Property

Welcome to your dream home in Plano, IL! This stunning builder's former model home invites you with its impressive interior finishes and modern comforts. Imagine enjoying a spacious full basement and a 3-car garage, perfect for all your storage and hobby needs. Entertain in style in the dedicated dining area and cook up a storm on beautiful granite countertops.    With 3 bedrooms, 2.5 bathrooms, and a huge loft space, there's plenty of room for everyone to relax and unwind. The primary suite is a true sanctuary, featuring not one but two walk-in closets. Plus, a newly paved driveway adds a touch of elegance to your new home's curb appeal.    Don't miss the chance to make 312 Palomino Drive your new haven. Come and see it today, and fall in love with your future!
Unit Size
2,264 Ft²
Days on Market
-
Land Size
-
Price per sqft
$159
Property Type
House
Property Taxes
$773
HOA Dues
$16
Year Built
-

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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 #12084774)

Price History

Date / Event Date Event Price
Sep 30, 2024 Sold
Premium
Sold
Aug 9, 2024 Price Decreased $359,995
↓ $11K (2.9%)
Price Decreased
Jul 18, 2024 Relisted $370,900
Relisted
Jul 6, 2024 Price Decreased $370,900
↓ $5K (1.3%)
Price Decreased
Jul 6, 2024 In contract -
In contract
Show More

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • 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: 16,586
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CHURCHILL FARMS
  • Land Acres: 0000000381
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LT 72 CHURCHILL FARMS UNIT 1 CITY OF PLANO

Neighborhood

  • School District Name: Plano Community Unit School District 88
  • Census Tract: 890501

Geography

  • Assessors Map Reference: 3260-A5
  • Parcel: 01-23-212-009
  • Lot: 72
  • Municipality: LITTLE ROCK TOWNSHIP
  • Latitude: 41.6704
  • Longitude: -88.516

    Address

  • Full Address: 312 Palomino Dr
  • Address - House Number: 312
  • Address - Street Name: Palomino
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Plano
  • Carrier Code: R002
  • 4-Digit Zip Code: 2114
  • Zip Code: 60545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $927,822
  • Tax Rate Code Area: LR003

    Appraisal Valuation

  • Standard Deviation: 0.1418
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 83
  • Final Value: 388,907
  • High Value: 444,057
  • Low Value: 333,757

    Market Valuation

  • Market Total Value: $315,093
  • Market Land Value: $46,038
  • Market Improvement Value: $269,055

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $105,031
  • Assessed Land Value: $15,346
  • Assessed Improvements Value: $89,685

    Sales

  • Current Sale Contract Date: Dec 14, 2020
  • Current Sale Recording Date: Mar 22, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 202100007254
  • Previous Sale Recording Date: Feb 19, 2019
  • Previous Sale Contract Date: Jan 30, 2019
  • Previous Sale Amount: $219,500
  • Previous Sale Document Type: 68
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 Plano

Stats & Trends

Median Asking:

$289,900

Sale Price/ft²

$186

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1851 ft²

Average Home Age

25.7 years

Currently For Sale

13 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: Gianni Nieto, Realty One Group Excel
Last Updated: 3 years ago
Data Source: MRED, MLS# 12084774
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 312 Palomino Drive built and last sold?
The property at 312 Palomino Drive was built in and last sold on Dec 14, 2020 for $300,000.
How much is this home worth?
The estimated value of the home located at 312 Palomino Drive is $0.
What are some comparable homes to 312 Palomino Drive?
There are currently no comparable homes to 312 Palomino Drive.
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