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Poplar Grove 61065
320 Springmeadow Dr.
$210,000
● House - Off Market

320 Springmeadow Dr.

POPLAR GROVE, IL 61065
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
$370,432
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

MODEL PERFECT! THIS ONE IS JUST RIGHT! SELLER SAD TO LEAVE THIS GORGEOUS, PRISTINE 2 YR OLD HOME. HUGE MSTR SUITE HAS WIC, SEP SHOWER & SOAKER TUB. LARGE KITCHEN HAS CUSTOM ISLAND/BRKFAST BAR, BIG DR & LR, GREAT LOFT FAM RM OR OFFICE. NEW HUGE 23X15 DECK W/LANDSCAPING AROUND. OAK TRIM/DOORS. IMMACULATE, WARM NEUTRAL COLORS,FULL BSMT. CLOSE TO SHOPPING/I-90.
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$311
HOA Dues
$4
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.

Last updated: 2 years ago (MRED MLS #06271732)

Price History

Date / Event Date Event Price
Jul 6, 2007 Sold
Premium
Sold
Sep 7, 2006 Listed by Baird & Warner $214,900
Listed by Baird & Warner

Property Highlights

Building Info

Overview

    General

  • Year Built: 2004
  • Effective Year Built: 2004
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 12
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 18
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 861
  • Garage Type: 7
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,454
  • Total Building Area: 2,410
  • Building Area: 2,410
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,410
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 2
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PRAIRIE GREEN POPLAR GROVE
  • Land Acres: 0000000240
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: 12-44-3 PRAIRIE GREEN OF POPLAR GROVE PLAT NO 3 LOT 151 NE 101.61 SE 134. 94 SW 58.15 NW 125

Neighborhood

  • School District Name: Belvidere Consolidated Unit School District 100
  • Census Tract: 010502

Geography

  • Account Number: 05-05-12-105-011
  • District: 050
  • Parcel: 05-12-105-011
  • Lot: 151
  • Municipality: BELVIDERE
  • Latitude: 42.31
  • Longitude: -88.8388

    Address

  • Full Address: 320 Springmeadow Dr
  • Address - House Number: 320
  • Address - Street Name: Springmeadow
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Poplar Grove
  • Carrier Code: R035
  • 4-Digit Zip Code: 7843
  • Zip Code: 61065

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $553,892

    Appraisal Valuation

  • Standard Deviation: 0.1492
  • Valuation Date: Jun 07, 2023
  • Confidence Score: 81
  • Final Value: 278,708
  • High Value: 320,303
  • Low Value: 237,113

    Market Valuation

  • Market Total Value: $207,264
  • Market Land Value: $20,001
  • Market Improvement Value: $187,263

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $69,088
  • Assessed Land Value: $6,667
  • Assessed Improvements Value: $62,421

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 02, 2017
  • Current Sale Recording Date: Aug 16, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 36
  • Previous Sale Recording Date: Jul 09, 2007
  • Previous Sale Contract Date: Jul 09, 2007
  • Previous Sale Amount: $210,000
  • 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 Poplar Grove

Stats & Trends

Median Asking:

$375,000

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2515 ft²

Average Home Age

12.3 years

Currently For Sale

6 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: , Baird & Warner
Last Updated: 2 years ago
Data Source: MRED, MLS# 06271732
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 320 Springmeadow Drive built and last sold?
The property at 320 Springmeadow Drive was built in 2004 and last sold on Aug 2, 2017 for $170,000.
How much is this home worth?
The estimated value of the home located at 320 Springmeadow Drive is $0.
What are some comparable homes to 320 Springmeadow Drive?
There are currently no comparable homes to 320 Springmeadow Drive.
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