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Braidwood 60408
381 W 3rd Street
$181,500
● House - Off Market

381 W 3rd Street

Braidwood, IL 60408
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,180 Ft²
$196,365
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

***MULTIPLE OFFERS RECEIVED. Highest and Best by Noon May 21st ***Wonderful Opportunity at an affordable price!  3 bedroom ranch with 2 bathrooms.  There is a family room addition that could easily be converted to a 4th bedroom - with its own bath!  Hardwood floors! Central air! Water filter. Water Heater 2018;. Good sized lot with a detached 1 1/2 car garage and large, handy shed.  Enjoy the views of the big backyard from the convenient deck. Includes a home warranty for peace of mind! This home is a GREAT VALUE!
Unit Size
1,180 Ft²
Days on Market
-
Land Size
0.41 acres
Price per sqft
$144
Property Type
House
Property Taxes
$252
HOA Dues
-
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 #11090885)

Price History

Date / Event Date Event Price
Jul 12, 2021 Sold
Premium
Sold
May 17, 2021 Listed by Century 21 Coleman-Hornsby $169,900
Listed by Century 21 Coleman-Hornsby

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: 17,719
  • 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: CHICAGO WILMINGTON COAL COMPANY SUB
  • Land Acres: 0000000410
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: THE W 100 FT OF LOT 1, BLK 30 IN CHICAGO WILMINGTON COAL CO, A SUB OF PRT OF THE W1/2 OF THE NW1/4 OF SEC 8, T32N-R9E THE N

Neighborhood

  • School District Name: Reed Custer Community Unit School District 255U
  • Census Tract: 884003

Geography

  • Parcel: 02-24-08-109-030
  • Block: 30
  • Lot: 1
  • Meridian: SEC 08 TWN 32N RNG 09E
  • Municipality: REED TWP
  • Latitude: 41.2709
  • Longitude: -88.2233

    Address

  • Full Address: 381 W 3rd St
  • Address - House Number: 381
  • Street Direction: W
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: IL
  • City Name: Braidwood
  • Carrier Code: C001
  • 4-Digit Zip Code: 1519
  • Zip Code: 60408

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $352,014
  • Tax Rate Code Area: 0207

    Appraisal Valuation

  • Standard Deviation: 0.1661
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 79
  • Final Value: 215,454
  • High Value: 251,257
  • Low Value: 179,652

    Market Valuation

  • Market Total Value: $171,180
  • Market Land Value: $27,198
  • Market Improvement Value: $143,982

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $57,060
  • Assessed Land Value: $9,066
  • Assessed Improvements Value: $47,994

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 07, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: R2021081051

    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 Braidwood

Stats & Trends

Median Asking:

$269,000

Sale Price/ft²

$194

Below Asking

0.02%

Average Days on Market

52

Average Home Size

1221 ft²

Average Home Age

26.3 years

Currently For Sale

21 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: JoEllyn Johnson, Century 21 Coleman-Hornsby
Last Updated: 3 years ago
Data Source: MRED, MLS# 11090885
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 381 West 3rd Street built and last sold?
The property at 381 West 3rd Street was built in and last sold on Jul 7, 2021 for $181,500.
How much is this home worth?
The estimated value of the home located at 381 West 3rd Street is $0.
What are some comparable homes to 381 West 3rd Street?
There are currently no comparable homes to 381 West 3rd Street.
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