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Geneva 60134
313 Oak Street
$280,000
● House - Off Market

313 Oak Street

Geneva, IL 60134
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,320 Ft²
$320,754
RealtyHop Estimate
12.55%
Since Nov 1, 2021
National-US
Primary Model

About This Property

Walk to Downtown Geneva! Charming farmhouse with mix of character and modern updates! 3 Bedroom plus 2 full bathrooms including main level bed and bath! True master with ensuite upstairs. Plenty of storage and cozy nooks throughout! Fenced-in backyard oasis with large deck, beautiful landscaping, dual sheds - one includes electricity and fridge! Imagine morning coffee then strolling downtown to shopping and brunch. Entertainers dream your own personal bed and breakfast! Sought after Geneva schools!
Unit Size
1,320 Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$216
Property Type
House
Property Taxes
$459
HOA Dues
-
Year Built
1857

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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 #11209496)

Price History

Date / Event Date Event Price
Oct 18, 2021 Sold
Premium
Sold
Sep 4, 2021 Listed by Great Western Properties $285,000
Listed by Great Western Properties

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1857
  • Effective Year Built: 1857
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 150
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0
  • Location Influence Type: 82

    Dimensions

  • Lot Size Square Feet: 6,750
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,050
  • Gross Building Area: 1,050
  • Building Area: 1,050
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,050
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: DEARBORNS ADD/GENEVA
  • Land Acres: 0000000155
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: 3 10 PT ADDITION DEARBORNS3 13

Neighborhood

  • School District Name: Geneva Community Unit School District 304
  • Census Tract: 852500

Geography

  • Parcel: 12-02-356-015
  • Block: 3
  • Lot: 10
  • Municipality: GENEVA
  • Latitude: 41.8853
  • Longitude: -88.297

    Address

  • Full Address: 313 Oak St
  • Address - House Number: 313
  • Address - Street Name: Oak
  • Address - Suffix Type: St
  • State: IL
  • City Name: Geneva
  • Carrier Code: C020
  • 4-Digit Zip Code: 2827
  • Zip Code: 60134

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $574,956
  • Tax Rate Code Area: GE005

    Appraisal Valuation

  • Standard Deviation: 0.1918
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 74
  • Final Value: 309,642
  • High Value: 369,051
  • Low Value: 250,234

    Market Valuation

  • Market Total Value: $224,673
  • Market Land Value: $65,831
  • Market Improvement Value: $158,842

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $74,861
  • Assessed Land Value: $21,935
  • Assessed Improvements Value: $52,926

    Sales

  • Current Sale Contract Date: Oct 08, 2021
  • Current Sale Recording Date: Oct 18, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K078648
  • Previous Sale Recording Date: Jun 12, 2019
  • Previous Sale Contract Date: Jun 02, 2019
  • Previous Sale Amount: $229,000
  • Previous Sale Document Type: 71

    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 Geneva

Stats & Trends

Median Asking:

$500,000

Sale Price/ft²

$266

Below Asking

0.01%

Average Days on Market

40

Average Home Size

2101 ft²

Average Home Age

52 years

Currently For Sale

41 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 725 Stevens Street, Geneva, IL, 60134

$2,900 /mo

  • 3 Beds
  • 1 Bath
  • 1,200 ft²
725 Stevens Street, Geneva, IL, 60134 Listing by Sarah Leonard
Unit for rent at 311 Longview Drive, Geneva, IL, 60134

$2,950 /mo

  • 2 Beds
  • 2 Baths
  • 1,340 ft²
311 Longview Drive, Geneva, IL, 60134 Listing by Dena Priser

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Patricia Hannula, Great Western Properties
Last Updated: 3 years ago
Data Source: MRED, MLS# 11209496
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 313 Oak Street built and last sold?
The property at 313 Oak Street was built in 1857 and last sold on Oct 8, 2021 for $280,000.
How much is this home worth?
The estimated value of the home located at 313 Oak Street is $0.
What are some comparable homes to 313 Oak Street?
There are currently no comparable homes to 313 Oak Street.
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