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Grundy 60444
404 CENTER Street
$100,000
● House - Off Market

404 CENTER Street

Mazon, IL 60444
bedrooms
3 Beds
bathrooms
1 Bath
$109,798
RealtyHop Estimate
15.58%
Since Aug 1, 2021
National-US
Primary Model

About This Property

ONE OF THE ORIGINAL HOUSES IN MAZON.  THIS 100 YEAR OLD IS A CUTIE FOR SURE.  DINING ROOM, KITCHEN AND UTILITY ROOM WAS ADDED ON MANY MANY YEARS AGO TO MAKE THIS HOME MUCH BIGGER WHICH IS WHY FLOORS ARE A FRACTION DIFFERENT THAN MAIN HOUSE - STRUCTURE IS FINE.  HOME HAS 3 BEDROOM WITH THE MASTER BEING HUGE WITH DRESSING ROOM AREA AND 4 CLOSETS.  HOME HAS MANY MANY UPGRADES AND UPDATES.  ALL NEWER FLOORING IN THE LAST 5 YEARS.  NEW KITCHEN AND NEW BATH IN THE LAST 5 YEARS.  NEW WINDOWS, FURNACE AND C/A IN LAST 5 YEARS.  HOME IS VERY CLEAN AND WELL MAINTAINED.  HAS VERY NICE LANDSCAPING.  ALSO HAS A HEATED DETACHED 2.5 CAR GARAGE WITH ALLEY ACCESS.  TAXES ARE ONLY $2200 A YEAR.  TO OWN THIS HOUSE WITH TAXES AND INSURANCE INCLUDED, YOUR PAYMENT WOULD ONLY BE APPROXIMATELY $800.00 A MONTH.  HOME IS PRICED TO SELL!!!!!
Unit Size
-
Days on Market
-
Land Size
-
Price per sqft
-
Property Type
House
Property Taxes
$183
HOA Dues
-
Year Built
1910

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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: 3 years ago (MRED MLS #10963602)

Price History

Date / Event Date Event Price
Jul 2, 2021 Sold
Premium
Sold
Mar 1, 2021 Listed by Onorato Real Estate $95,000
Listed by Onorato Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1910
  • Effective Year Built: 1910
  • 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: 6,970
  • Lot Size Depth Feet: 1,430
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,860
  • Gross Building Area: 1,860
  • Building Area: 1,860
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,860
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: ISHAMS FIFTH ADDITION
  • Land Acres: 0000000160
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: ISHAMS 5TH ADD MAZON LT 11 BLK 10 SEC 21-32-7

Neighborhood

  • School District Name: Seneca Township High School District 160
  • Census Tract: 000600

Geography

  • District: 11
  • Parcel: 08-21-231-004
  • Block: 10
  • Lot: 11
  • Meridian: SEC 21 TWN 32N RNG 07W
  • Municipality: MAZON TOWNSHIP
  • Latitude: 41.2382
  • Longitude: -88.4222

    Address

  • Full Address: 404 Center St
  • Address - House Number: 404
  • Address - Street Name: Center
  • Address - Suffix Type: St
  • State: IL
  • City Name: Mazon
  • Carrier Code: R777
  • 4-Digit Zip Code: 3605
  • Zip Code: 60444

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $238,225
  • Tax Rate Code Area: 11051

    Appraisal Valuation

  • Standard Deviation: 0.2104
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 71
  • Final Value: 113,157
  • High Value: 136,976
  • Low Value: 89,337

    Market Valuation

  • Market Total Value: $78,402
  • Market Land Value: $10,578
  • Market Improvement Value: $67,824

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $26,134
  • Assessed Land Value: $3,526
  • Assessed Improvements Value: $22,608

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 07, 2021
  • Current Sale Recording Date: Jul 14, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 605415
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

2042 ft²

Average Home Age

36.1 years

Currently For Sale

111 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: Debbie Punke, Onorato Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 10963602
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 404 Center Street built and last sold?
The property at 404 Center Street was built in 1910 and last sold on Jun 7, 2021 for $100,000.
How much is this home worth?
The estimated value of the home located at 404 Center Street is $0.
What are some comparable homes to 404 Center Street?
There are currently no comparable homes to 404 Center Street.
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