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Wauconda 60084 Country Ridge
425 Farmhill Circle
$225,000
● House - Off Market

425 Farmhill Circle

Wauconda, IL 60084
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,591 Ft²
$238,187
RealtyHop Estimate
5.86%
Since Feb 1, 2023
National-US
Primary Model

About This Property

*Multiple offers received. Requesting "highest and best" offers by Monday 12/5/22 so the seller can make a decision Tuesday morning 12/6/22.* This nice two story home in the Country Ridge neighborhood is close to schools and shopping.  The kitchen includes granite countertops, oak cabinets, and ceramic tile floors.  Matching wood laminate flooring throughout the house. The back yard is partially fenced and features a wooden deck. Quick closing is possible.  Note the latest tax bill does not include a homeowner's exemption. Sold as-is.
Unit Size
1,591 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$141
Property Type
House
Property Taxes
$606
HOA Dues
-
Year Built
1991

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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 #11654386)

Price History

Date / Event Date Event Price
Jan 4, 2023 Sold
Premium
Sold
Oct 17, 2022 Listed by Coldwell Banker Realty $225,000
Listed by Coldwell Banker Realty

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1991
  • Effective Year Built: 1991
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 5
  • 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
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 1
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: 69
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,464
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 650
  • Total Building Area: 2,053
  • Gross Building Area: 2,053
  • Building Area: 1,591
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 4
  • Heated Square Feet: 1,591
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: COUNTRY RIDGE PHASE 3B
  • Land Acres: 0000000194
  • Standard Land Use Code: 1001
  • County Land Use Code: 40
  • Legal Description 1: COUNTRY RIDGE PHASE 3B; LOT 253

Neighborhood

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

Geography

  • District: WAUCONDA
  • Subdivision Phase Number: 3
  • Parcel: 09-26-117-023
  • Lot: 253
  • Municipality: TWP OF WAUCONDA
  • Latitude: 42.267
  • Longitude: -88.1539

    Address

  • Full Address: 425 Farmhill Cir
  • Address - House Number: 425
  • Address - Street Name: Farmhill
  • Address - Suffix Type: Cir
  • State: IL
  • City Name: Wauconda
  • Carrier Code: C007
  • 4-Digit Zip Code: 1794
  • Zip Code: 60084

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $759,182
  • Tax Rate Code Area: 13041

    Appraisal Valuation

  • Standard Deviation: 0.1597
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 80
  • Final Value: 289,087
  • High Value: 335,269
  • Low Value: 242,905

    Market Valuation

  • Market Total Value: $210,021
  • Market Land Value: $54,422
  • Market Improvement Value: $155,599

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $70,000
  • Assessed Land Value: $18,139
  • Assessed Improvements Value: $51,861

    Sales

  • Current Sale Contract Date: Jan 03, 2023
  • Current Sale Recording Date: Jan 09, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 7953021
  • Previous Sale Recording Date: Jun 09, 2015
  • Previous Sale Contract Date: May 22, 2015
  • Previous Sale Amount: $170,000
  • 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 Country Ridge

Stats & Trends

Median Asking:

$395,000

Sale Price/ft²

$224

Above Asking

0.00%

Average Days on Market

33

Average Home Size

2029 ft²

Average Home Age

33.7 years

Currently For Sale

0 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 561 Marina Street, Wauconda, IL, 60084

$2,999 /mo

  • 2 Beds
  • 2 Baths
  • 1,617 ft²
561 Marina Street, Wauconda, IL, 60084 Listing by Chris Peters

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Matt Melull, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: MRED, MLS# 11654386
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 425 Farmhill Circle built and last sold?
The property at 425 Farmhill Circle was built in 1991 and last sold on Jan 3, 2023 for $225,000.
How much is this home worth?
The estimated value of the home located at 425 Farmhill Circle is $0.
What are some comparable homes to 425 Farmhill Circle?
There are currently no comparable homes to 425 Farmhill Circle.
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