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Sycamore 60178 Heron Creek
321 Merry Oaks Drive
$734,800
● House - Off Market

321 Merry Oaks Drive

SYCAMORE, IL 60178
bedrooms
4 Beds
bathrooms
4 Baths
square feet
4,000 Ft²
$1,257,466
RealtyHop Estimate
71.13%
Since Jun 1, 2007
National-US
Primary Model

About This Property

Stately Southampton Home Overlooking Pond. Almost 4,000 SF Custom Home W/ Custom Cabinets, Professional SS Appliances, Granite Countertops, Wine Bar, Study Next to Full Bath, Large Master Suite overlooking pond. Oversized Master Bath & Closet.  One of the last lots overlooking the Pond!!!  Custom Trim Work Throughout Home. 3 Car Sideload.  Rough In for Basement Bath. Home is Completed & Ready for Immediate Occupancy!
Unit Size
4,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$184
Property Type
House
Property Taxes
-
HOA Dues
$30
Year Built
2006

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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: 2 years ago (MRED MLS #06296073)

Price History

Date / Event Date Event Price
May 25, 2007 Sold
Premium
Sold
Sep 29, 2006 Listed by RE/MAX Professionals East $734,800
Listed by RE/MAX Professionals East

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 6
  • Building Style: 1
  • Exterior Walls Type: 2
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 13
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 786
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 105
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 23,087
  • Total Building Area: 3,016
  • Gross Building Area: 3,016
  • Building Area: 2,230
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 24
  • Heated Square Feet: 2,230
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HERON CREEK COUNTRY ESTATES
  • Land Acres: 0000000530
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: HERON CREEK COUNTRY ESTATES - LOT 96

Neighborhood

  • School District Name: Sycamore Community Unit School District 427
  • Census Tract: 000402

Geography

  • Account Number: 0620480009
  • District: SY
  • Parcel: 06-20-480-009
  • Lot: 96
  • Municipality: SYCAMORE
  • Latitude: 42.0122
  • Longitude: -88.6826

    Address

  • Full Address: 321 Merry Oaks Dr
  • Address - House Number: 321
  • Address - Street Name: Merry Oaks
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Sycamore
  • Carrier Code: R007
  • 4-Digit Zip Code: 8788
  • Zip Code: 60178

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,830,836
  • Tax Rate Code Area: SY07

    Appraisal Valuation

  • Standard Deviation: 0.1783
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 76
  • Final Value: 630,734
  • High Value: 743,234
  • Low Value: 518,234

    Market Valuation

  • Market Total Value: $566,817
  • Market Land Value: $114,714
  • Market Improvement Value: $452,103

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $188,939
  • Assessed Land Value: $38,238
  • Assessed Improvements Value: $150,701

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 22, 2007
  • Current Sale Recording Date: May 24, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2007009174
  • Previous Sale Recording Date: Jul 24, 2006
  • Previous Sale Contract Date: Jul 21, 2006
  • Previous Sale Amount: $148,000
  • Previous Sale Document Type: 71
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 Heron Creek

Stats & Trends

Median Asking:

$366,950

Sale Price/ft²

$171

Below Asking

0.01%

Average Days on Market

45

Average Home Size

1440 ft²

Average Home Age

23 years

Currently For Sale

1 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: , RE/MAX Professionals East
Last Updated: 2 years ago
Data Source: MRED, MLS# 06296073
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 321 Merry Oaks Drive built and last sold?
The property at 321 Merry Oaks Drive was built in 2006 and last sold on May 22, 2007 for $667,500.
How much is this home worth?
The estimated value of the home located at 321 Merry Oaks Drive is $0.
What are some comparable homes to 321 Merry Oaks Drive?
There are currently no comparable homes to 321 Merry Oaks Drive.
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