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Lakemoor 60051 Lakemoor Farms
32306 N BLACKSMITH Street
$220,000
● House - Off Market

32306 N BLACKSMITH Street

LAKEMOOR, IL 60050
bedrooms
4 Beds
bathrooms
2 Baths
square feet
2,000 Ft²
$394,624
RealtyHop Estimate
71.65%
Since Jul 1, 2007
National-US
Primary Model

About This Property

STUNNING LARGE FOUR BEDROOM HOME. SPACIOUS OPEN FLOOR PLAN. MANY UPDATES JUST PAINTED, BEAUTIFUL OAK FLOORING ON ITS WAY SUPER LOW PRICE EZ TO SHOW   AT THIS PRICE WHAT ARE YOU WAITING FOR.
Unit Size
2,000 Ft²
Days on Market
-
Land Size
-
Price per sqft
$115
Property Type
House
Property Taxes
$511
HOA Dues
$13
Year Built
2001

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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 #06451561)

Price History

Date / Event Date Event Price
Jun 4, 2007 Sold
Premium
Sold
Mar 23, 2007 Listed by Four Seasons Realty, Inc. $229,900
Listed by Four Seasons Realty, Inc.

Property Highlights

Building Info

Overview

    General

  • Year Built: 2001
  • Effective Year Built: 2001
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 300
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 59
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,770
  • Gross Building Area: 1,770
  • Building Area: 1,330
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 1
  • Heating: 0
  • Heated Square Feet: 1,330
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BURNSIDES LAKEMOOR FARMS PHASE I
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: BURNSIDES LAKEMOOR FARMS PHASE I; LOT 61

Neighborhood

  • School District Name: Big Hollow School District 38
  • Census Tract: 860907

Geography

  • District: GRANT
  • Subdivision Phase Number: 2
  • Parcel: 05-33-305-013
  • Lot: 61
  • Municipality: TWP OF GRANT
  • Latitude: 42.3333
  • Longitude: -88.1952

    Address

  • Full Address: 32306 Blacksmith St
  • Address - House Number: 32306
  • Address - Street Name: Blacksmith
  • Address - Suffix Type: St
  • State: IL
  • City Name: Lakemoor
  • Carrier Code: R029
  • 4-Digit Zip Code: 2249
  • Zip Code: 60051

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $698,178
  • Tax Rate Code Area: 6053

    Appraisal Valuation

  • Standard Deviation: 0.1711
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 303,554
  • High Value: 355,505
  • Low Value: 251,602

    Market Valuation

  • Market Total Value: $232,022
  • Market Land Value: $49,052
  • Market Improvement Value: $182,970

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $77,333
  • Assessed Land Value: $16,349
  • Assessed Improvements Value: $60,984

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 25, 2007
  • Current Sale Recording Date: Jun 08, 2007
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 6194983
  • Previous Sale Recording Date: Jan 03, 2007
  • Previous Sale Contract Date: Jan 03, 2007
  • Previous Sale Amount: $163,000
  • Previous Sale Document Type: 42
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 Lakemoor Farms

Stats & Trends

Median Asking:

$297,000

Sale Price/ft²

$173

Below Asking

0.01%

Average Days on Market

40

Average Home Size

1510 ft²

Average Home Age

22 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

Rentals Near You

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MRED

Listed by: , Four Seasons Realty, Inc.
Last Updated: 2 years ago
Data Source: MRED, MLS# 06451561
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 32306 Blacksmith Court built and last sold?
The property at 32306 Blacksmith Court was built in 2001 and last sold on May 25, 2007 for $220,000.
How much is this home worth?
The estimated value of the home located at 32306 Blacksmith Court is $232,199.
What are some comparable homes to 32306 Blacksmith Court?
There are currently no comparable homes to 32306 Blacksmith Court.
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