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Grundy 60450
3165 School Drive
$216,000
● House - Off Market

3165 School Drive

MORRIS, IL 60450
bedrooms
3 Beds
bathrooms
3 Baths
square feet
1,740 Ft²
$390,290
RealtyHop Estimate
77.49%
Since Sep 1, 2015
National-US
Primary Model

About This Property

Ranch home in the quiet country, conveniently close to town. 4 bedroom 3 bath ranch on a fenced acre lot. Large bright Eat-in kitchen. Relax in the family room w/brick fireplace overlooking the deck. Big master w/full bath, walk-in closet. 6" walls. Full basement partially fin. w/bedroom, sitting area & full bath, stor. Relaxing full front porch. 2 car garage w/breezeway. Poss. In-law arrangement. Shed/Deck/Pool incl
Unit Size
1,740 Ft²
Days on Market
-
Land Size
1.00 acres
Price per sqft
$126
Property Type
House
Property Taxes
$410
HOA Dues
-
Year Built
2001

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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: 3 years ago (MRED MLS #08941403)

Price History

Date / Event Date Event Price
Aug 14, 2015 Sold
Premium
Sold
Jun 3, 2015 Listed by Century 21 Coleman-Hornsby $219,900
Listed by Century 21 Coleman-Hornsby

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 2
  • 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: 43,560
  • Total Building Area: 1,740
  • Gross Building Area: 1,740
  • Building Area: 1,740
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,740
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHMOR CROSSINGS SUBDIVISION
  • Land Acres: 0000001000
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: SOUTHMOR CROSSINGS SUB 2ND ADD LT 1 SEC 15-33-7

Neighborhood

  • School District Name: Morris School District 54
  • Census Tract: 000500

Geography

  • District: 17
  • Parcel: 05-15-426-009
  • Lot: 1
  • Meridian: SEC 15 TWN 33N RNG 07W
  • Municipality: WAUPONSEE TOWNSHIP
  • Latitude: 41.3325
  • Longitude: -88.4023

    Address

  • Full Address: 3165 School Dr
  • Address - House Number: 3165
  • Address - Street Name: School
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Morris
  • Carrier Code: R007
  • 4-Digit Zip Code: 8497
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $827,182
  • Tax Rate Code Area: 17001

    Appraisal Valuation

  • Standard Deviation: 0.1944
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 74
  • Final Value: 331,607
  • High Value: 396,079
  • Low Value: 267,135

    Market Valuation

  • Market Total Value: $313,446
  • Market Land Value: $42,108
  • Market Improvement Value: $271,338

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $104,482
  • Assessed Land Value: $14,036
  • Assessed Improvements Value: $90,446

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 14, 2015
  • Current Sale Recording Date: Aug 14, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 556065
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 Grundy

Stats & Trends

Median Asking:

$339,900

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

46

Average Home Size

2095 ft²

Average Home Age

33.8 years

Currently For Sale

114 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: Jim Maskel, Century 21 Coleman-Hornsby
Last Updated: 3 years ago
Data Source: MRED, MLS# 08941403
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 3165 School Drive built and last sold?
The property at 3165 School Drive was built in 2001 and last sold on Aug 14, 2015 for $216,000.
How much is this home worth?
The estimated value of the home located at 3165 School Drive is $0.
What are some comparable homes to 3165 School Drive?
There are currently no comparable homes to 3165 School Drive.
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