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Volo 60073
404 Mozart Lane
$255,000
● House - Off Market

404 Mozart Lane

Volo, IL 60073
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,854 Ft²
$320,817
RealtyHop Estimate
24.35%
Since Apr 1, 2021
National-US
Primary Model

About This Property

Nearly 3000 square feet of above-grade living space in this highly sought after Symphony Meadows home ~ 4 bedrooms plus a HUGE loft upstairs & a private Office on the main level ~ Fully fenced yard with paver patio and shed that stays ~ Home amenities include Ring doorbell, Whole house surge protection, Fully insulated, drywalled & extra outlets in garage plus built-in storage too! ~ Owner added extra cabinets/counter space on stair-wall in kitchen ~ Ceiling fans throughout home ~ New light fixture in family room (currently used as dining room) ~ Extra storage closet with deep freezer off kitchen that stays ~ Super well-maintained home but sold "as-is" due to owner's age/disability ~ Home is across open prairie land and close to Millenium Trail, Playground, Basketball Courts & more!
Unit Size
2,854 Ft²
Days on Market
-
Land Size
-
Price per sqft
$90
Property Type
House
Property Taxes
$686
HOA Dues
$35
Year Built
2012

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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 #10970973)

Price History

Date / Event Date Event Price
Mar 18, 2021 Sold
Premium
Sold
Feb 4, 2021 Listed by Berkshire Hathaway HomeServices Starck Real Estate $258,000
Listed by Berkshire Hathaway HomeServices Starck Real Estate

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2012
  • Effective Year Built: 2012
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 9
  • Construction Type: 6
  • Building Style: 15
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 506
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 6,821
  • Total Building Area: 3,360
  • Gross Building Area: 3,360
  • Building Area: 2,854
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 2,854
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SYMPHONY MEADOWS NEIGHBORHOOD ONE SUB
  • Land Acres: 0000000157
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: SYMPHONY MEADOWS NEIGHBORHOOD ONE SUB; LOT 19

Neighborhood

  • School District Name: Wauconda Community Unit School District 118
  • Census Tract: 864207

Geography

  • Assessors Map Reference: 2587-D1
  • District: WAUCONDA
  • Parcel: 09-02-307-019
  • Lot: 19
  • Municipality: TWP OF WAUCONDA
  • Latitude: 42.3147
  • Longitude: -88.1519

    Address

  • Full Address: 404 Mozart Ln
  • Address - House Number: 404
  • Address - Street Name: Mozart
  • Address - Suffix Type: Ln
  • State: IL
  • City Name: Volo
  • Carrier Code: R004
  • 4-Digit Zip Code: 8197
  • Zip Code: 60073

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $196,574
  • Tax Rate Code Area: 13052

    Appraisal Valuation

  • Standard Deviation: 0.1837
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 75
  • Final Value: 361,522
  • High Value: 427,947
  • Low Value: 295,096

    Market Valuation

  • Market Total Value: $278,563
  • Market Land Value: $46,058
  • Market Improvement Value: $232,505

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $92,845
  • Assessed Land Value: $15,351
  • Assessed Improvements Value: $77,494

    Sales

  • Current Sale Contract Date: Mar 09, 2021
  • Current Sale Recording Date: Mar 31, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7770525
  • Previous Sale Recording Date: Oct 04, 2012
  • Previous Sale Contract Date: Sep 20, 2012
  • Previous Sale Amount: $189,000
  • Previous Sale Document Type: 71
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 Volo

Stats & Trends

Median Asking:

$355,495

Sale Price/ft²

$181

Below Asking

0.01%

Average Days on Market

50

Average Home Size

2107 ft²

Average Home Age

8 years

Currently For Sale

15 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

Unit for rent at 643 Seneca Street, Volo, IL, 60073

$3,800 /mo

  • 5 Beds
  • 3 Baths
  • 3,176 ft²
643 Seneca Street, Volo, IL, 60073 Listing by Jelena Grimaldi

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Beth Armstrong, Berkshire Hathaway HomeServices Starck Real Estate
Last Updated: 3 years ago
Data Source: MRED, MLS# 10970973
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 Mozart Lane built and last sold?
The property at 404 Mozart Lane was built in 2012 and last sold on Mar 9, 2021 for $255,000.
How much is this home worth?
The estimated value of the home located at 404 Mozart Lane is $0.
What are some comparable homes to 404 Mozart Lane?
There are currently no comparable homes to 404 Mozart Lane.
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