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Grundy 60450
3670 School Drive
$319,500
● House - Off Market

3670 School Drive

Morris, IL 60450
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,269 Ft²
$2,093
Est. Monthly

About This Property

Incredible opportunity with this beautifully maintained ranch style home! It offers so much space with the full partially finished basement, 4th bedroom and a 4 year young full bath, new windows and much more!. The convenience of an attached garage. PLUS a 24 x 48 detached heated, insulated garage, 4th stall used as a work shop, ( gas line to garage and back patio). Super sized concrete driveway offers maximum parking. Garage doors on both the east and west sides for easy entry and exit.  Maintenance free exterior, vinyl siding, soffit and facia wrapped, 1 year ago replaced gutters, 5 year young roof. Appliances will remain.  Landscaped beautifully and a fully fenced yard. 3 televisions and wall mounts will remain, living room offers surround sound! Must see to appreciate!
Unit Size
1,269 Ft²
Days on Market
-
Land Size
-
Price per sqft
$252
Property Type
House
Property Taxes
$524
HOA Dues
-
Year Built
1973

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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.

Property Highlights

Garage
Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • 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: 16,553
  • Total Building Area: 1,269
  • Gross Building Area: 1,269
  • Building Area: 1,269
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,269
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PEBBLE BEACH SUBDIVISION
  • Land Acres: 0000000380
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: PEBBLE BEACH SUB LT 26 SEC 14-33-7

Neighborhood

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

Geography

  • District: 17
  • Parcel: 05-14-152-002
  • Lot: 26
  • Meridian: SEC 14 TWN 33N RNG 07W
  • Municipality: WAUPONSEE TOWNSHIP
  • Latitude: 41.3387
  • Longitude: -88.4018

    Address

  • Full Address: 3670 School Dr
  • Address - House Number: 3670
  • Address - Street Name: School
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Morris
  • Carrier Code: R007
  • 4-Digit Zip Code: 8417
  • Zip Code: 60450

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $618,957
  • Tax Rate Code Area: 17001

    Appraisal Valuation

  • Standard Deviation: 0.1851
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 75
  • Final Value: 264,982
  • High Value: 314,033
  • Low Value: 215,931

    Market Valuation

  • Market Total Value: $234,543
  • Market Land Value: $42,108
  • Market Improvement Value: $192,435

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $78,181
  • Assessed Land Value: $14,036
  • Assessed Improvements Value: $64,145

    Exemptions

  • Homeowner Exemption: Yes
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

$185

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: Vicki Geiger, RE/MAX Top Properties
Data Source: MRED, MLS# MRD12489083
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 3670 School Drive built and last sold?
The property at 3670 School Drive was built in 1973 and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 3670 School Drive is $0.
What are some comparable homes to 3670 School Drive?
There are currently no comparable homes to 3670 School Drive.
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