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Colfax 61728
412 Sunset Drive
Photo of 412 Sunset Drive

40

Map

Photo of 412 Sunset Drive
Photo of 412 Sunset Drive
$250,000
● House - In Contract

412 Sunset Drive

Colfax, IL 61728
bedrooms
3 Beds
bathrooms
3 Baths
square feet
3,030 Ft²
$1,710
Est. Monthly

About This Property

Welcome home to this spacious ranch-style home in the heart of Colfax! Offering 4 bedrooms, 3 bathrooms, and a great floor plan this home provides plenty of space for your everyday living.  Situated on a large lot just 1.5 blocks from the schools, the location is hard to beat.  The 2-car attached garage adds convenience, while the partially finished basement offers incredible potential to add your finishing touches giving you the perfect space for a home theater, playroom or rec room.
Unit Size
3,030 Ft²
Days on Market
-
Land Size
-
Price per sqft
$83
Property Type
House
Property Taxes
$482
HOA Dues
-
Year Built
2003

Listed By

Jacqui Miller
Jacqui Miller
[email protected]
Keller Williams Revolution

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Cap Rate Calculator

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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
Parking Details
Has Garage
Parking Features: Garage, Attached, Yes
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Appliances: Range, Microwave, Dishwasher, Refrigerator
Rooms: 6
Basement: Partially Finished, Full, Daylight
Exterior Details
Square Footage: 3030
Square Footage Source: $0
Architectural Style: Ranch
Year Built: 2003
Construction Materials: Vinyl Siding
Lot Size Dimensions: 118x150
Water Source: Public
Financial Details
Tax Annual Amount: $5,786
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Public Sewer
Location Details
HOA/Condo/Coop Fee Includes: None

Building Info

Overview

    General

  • Year Built: 2003
  • Effective Year Built: 2003
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 16,988
  • Total Building Area: 1,515
  • Gross Building Area: 1,515
  • Building Area: 1,515
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,515
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERVIEW ESTATES
  • Land Acres: 0000000390
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: LOT 23 RIVERVIEW ESTATES SUB VILL OF COLFAX

Neighborhood

  • School District Name: Ridgeview Community Unit School District 19
  • Census Tract: 005601

Geography

  • District: 21
  • Parcel: 17-03-477-013
  • Lot: 23
  • Meridian: SEC 03 TWN 24N RNG 05E
  • Municipality: MARTIN
  • Latitude: 40.5601
  • Longitude: -88.6152

    Address

  • Full Address: 412 Sunset Dr
  • Address - House Number: 412
  • Address - Street Name: Sunset
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Colfax
  • Carrier Code: R004
  • 4-Digit Zip Code: 9391
  • Zip Code: 61728

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $442,432
  • Tax Rate Code Area: 2101

    Appraisal Valuation

  • Standard Deviation: 0.228
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 68
  • Final Value: 182,815
  • High Value: 224,514
  • Low Value: 141,115

    Market Valuation

  • Market Total Value: $158,799
  • Market Land Value: $16,752
  • Market Improvement Value: $142,047

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $52,933
  • Assessed Land Value: $5,584
  • Assessed Improvements Value: $47,349

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: Apr 29, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-00007404
  • Previous Sale Recording Date: Feb 05, 2020
  • Previous Sale Contract Date: Jan 27, 2020
  • Previous Sale Amount: $71,280
  • Previous Sale Document Type: 49

    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 Colfax

Stats & Trends

Median Asking:

$182,000

Sale Price/ft²

$91

Below Asking

0.02%

Average Days on Market

49

Average Home Size

2096 ft²

Average Home Age

40.7 years

Currently For Sale

3 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: Jacqui Miller, Keller Williams Revolution
Data Source: MRED, MLS# MRD12693379
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 412 Sunset Drive built and last sold?
The property at 412 Sunset Drive was built in 2003 and last sold on Apr 22, 2020 for $115,500.
How much is this home worth?
The estimated value of the home located at 412 Sunset Drive is $262,055.
What are some comparable homes to 412 Sunset Drive?
There are currently no comparable homes to 412 Sunset Drive.
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