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Elgin 60124
3677 Open Parkway
$395,000
● House - Off Market

3677 Open Parkway

ELGIN, IL 60124
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,908 Ft²
$640,573
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

301 SCHOOL DISTRICT!!! 3908  SF of Luxury in a new 18 Hole Championship Golf Course community.This 1 year old Columbia model features a dramatic two-story family room with a fireplace and wired for Surround sound.   A two-story foyer with a picture-perfect curved staircase, Gourmet Kitchen with an oversized Island walk in pantry, a private first floor study and Atrium, an overlook from the second floor bridge, and an expansive master bedroom suite with sitting area and a 10x18 ft walk in closet 3 car Garage District 301 Schools SHOWS LIKE NEW
Unit Size
3,908 Ft²
Days on Market
-
Land Size
-
Price per sqft
$102
Property Type
House
Property Taxes
$797
HOA Dues
$20
Year Built
-

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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 #09584424)

Price History

Date / Event Date Event Price
Jun 1, 2017 Sold
Premium
Sold
Apr 4, 2017 Listed by Berkshire Hathaway HomeServices Starck Real Estate $399,000
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • 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: 15,682
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BOWES CREEK COUNTRY CLUB
  • Land Acres: 0000000360
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: BOWES CREEK COUNTRY CLUB PHASE 2 LT 211

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 850709

Geography

  • Subdivision Phase Number: 2
  • Parcel: 05-35-272-001
  • Lot: 211
  • Municipality: PLATO
  • Latitude: 41.9945
  • Longitude: -88.4006

    Address

  • Full Address: 3677 Open Pkwy
  • Address - House Number: 3677
  • Address - Street Name: Open
  • Address - Suffix Type: Pkwy
  • State: IL
  • City Name: Elgin
  • Carrier Code: R014
  • 4-Digit Zip Code: 8012
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,418,160
  • Tax Rate Code Area: PL058

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 591,327
  • High Value: 671,003
  • Low Value: 511,651

    Market Valuation

  • Market Total Value: $452,557
  • Market Land Value: $64,097
  • Market Improvement Value: $388,460

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $150,792
  • Assessed Land Value: $21,357
  • Assessed Improvements Value: $129,435

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 15, 2017
  • Current Sale Recording Date: Jun 15, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2017K030503
  • Previous Sale Recording Date: Jun 15, 2017
  • Previous Sale Contract Date: Mar 18, 2017
  • Previous Sale Amount: $395,000
  • Previous Sale Document Type: 69
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 Elgin

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2122 ft²

Average Home Age

33.3 years

Currently For Sale

164 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: , Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 09584424
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 3677 Open Parkway built and last sold?
The property at 3677 Open Parkway was built in and last sold on May 15, 2017 for $395,000.
How much is this home worth?
The estimated value of the home located at 3677 Open Parkway is $420,742.
What are some comparable homes to 3677 Open Parkway?
There are currently no comparable homes to 3677 Open Parkway.
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