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Elgin 60124
429 MOORESFIELD Street
$275,000
● House - Off Market

429 MOORESFIELD Street

ELGIN, IL 60124
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,905 Ft²
$622,667
RealtyHop Estimate
95.19%
Since Oct 1, 2008
National-US
Primary Model

About This Property

Better than new, custom features in a great location.  Providence is part of the new village experience, it takes a village to make you happy.  This 2900 sq ft beauty boast many builder and home owner upgrades incl; oak rails, chairails and picture frame molding, soaker tub, spot lighting in all bedrooms and full basement ready 2B finished.  Subject to leinholders approval
Unit Size
2,905 Ft²
Days on Market
-
Land Size
-
Price per sqft
$110
Property Type
House
Property Taxes
$631
HOA Dues
-
Year Built
2005

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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.

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 9
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,590
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,890
  • Lot Size Depth Feet: 1,260
  • Lot Size Frontage Feet: 850
  • Total Building Area: 4,495
  • Gross Building Area: 4,495
  • Building Area: 2,905
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 2,905
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROVIDENCE
  • Land Acres: 0000000250
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: PROVIDENCE UNIT 3B LT 704

Neighborhood

  • School District Name: Central Community Unit School District 301
  • Census Tract: 851913

Geography

  • Parcel: 06-19-405-013
  • Lot: 704
  • Municipality: ELGIN
  • Latitude: 42.0186
  • Longitude: -88.3685

    Address

  • Full Address: 429 Mooresfield St
  • Legal Unit: 3B
  • Address - House Number: 429
  • Address - Street Name: Mooresfield
  • Address - Suffix Type: St
  • State: IL
  • City Name: Elgin
  • Carrier Code: R012
  • 4-Digit Zip Code: 3801
  • Zip Code: 60124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,056,538
  • Tax Rate Code Area: EL059

    Appraisal Valuation

  • Standard Deviation: 0.1516
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 81
  • Final Value: 451,212
  • High Value: 519,650
  • Low Value: 382,774

    Market Valuation

  • Market Total Value: $348,986
  • Market Land Value: $98,463
  • Market Improvement Value: $250,522

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $116,282
  • Assessed Land Value: $32,808
  • Assessed Improvements Value: $83,474

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 29, 2020
  • Current Sale Recording Date: Sep 03, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020K050383
  • Previous Sale Recording Date: Sep 15, 2008
  • Previous Sale Contract Date: Aug 28, 2008
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: 71

    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 Elgin

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

44

Average Home Size

2128 ft²

Average Home Age

33.3 years

Currently For Sale

163 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 2444 Emily Lane, Elgin, IL, 60124

$2,400 /mo

  • 2 Beds
  • 2 Baths
2444 Emily Lane #2444, Elgin, IL, 60124 Listing by Brandy Schuldt

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: James Dean Peters, Keller Williams Fox Valley Realty
Data Source: MRED, MLS# MRD06776675
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 429 Mooresfield Street built and last sold?
The property at 429 Mooresfield Street was built in 2005 and last sold on Jun 29, 2020 for $310,000.
How much is this home worth?
The estimated value of the home located at 429 Mooresfield Street is $319,173.
What are some comparable homes to 429 Mooresfield Street?
There are currently no comparable homes to 429 Mooresfield Street.
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