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Putnam
463 LAKE THUNDERBIRD Drive
$115,000
● House - Off Market

463 LAKE THUNDERBIRD Drive

Putnam, IL 61560
bedrooms
3 Beds
bathrooms
1 Bath
square feet
975 Ft²
$198,230
RealtyHop Estimate
72.37%
Since Aug 1, 2007
National-US
Primary Model

About This Property

THE PERFECT AFFORDABLE WEEKEND GETAWAY! QUAINT AND RUSTIC CEDAR SIDED CHALET STYLE HOME ON LARGE LOT BACKING UP TO WOODS! 1.5 CAR GARAGE, MASTER BEDROOM ON MAIN LEVEL, WOOD BURNING FIREPLACE, AND A HUGE 12' X 25' SCREENED PORCH/THREE SEASON ROOM! NEW IN 2006 INCLUDES ALL ROOFS, INTERIOR AND EXTERIOR PAINT, DOORS AND SCREENS! ENJOY ALL LAKE THUNDERBIRD PRIVILEGES. GREAT FISHING & TUBING! BE ON VACATION EVERY WEEKEND!!
Unit Size
975 Ft²
Days on Market
-
Land Size
-
Price per sqft
$118
Property Type
House
Property Taxes
$183
HOA Dues
$16
Year Built
-

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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

  • 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: 25,422
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LK THUNDERBIRD WOODS
  • Land Acres: 0000000584
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LK THUNDERBIRD WOODS LOT 254

Neighborhood

  • School District Name: Henry-Senachwine Consolidated Unit School District 5
  • Census Tract: 954600

Geography

  • District: 3
  • Parcel: 03-00-062-030
  • Lot: 254
  • Municipality: SENACHWINE
  • Latitude: 41.2134
  • Longitude: -89.4623

    Address

  • Full Address: 463 Lake Thunderbird Dr
  • Address - House Number: 463
  • Address - Street Name: Lake Thunderbird
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Putnam
  • Carrier Code: R004
  • 4-Digit Zip Code: 9517
  • Zip Code: 61560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $257,404
  • Tax Rate Code Area: 03004

    Appraisal Valuation

  • Standard Deviation: 0.2674
  • Valuation Date: May 31, 2023
  • Confidence Score: 61
  • Final Value: 158,529
  • High Value: 200,930
  • Low Value: 116,127

    Market Valuation

  • Market Total Value: $95,316
  • Market Land Value: $5,859
  • Market Improvement Value: $89,457

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,772
  • Assessed Land Value: $1,953
  • Assessed Improvements Value: $29,819

    Sales

  • Current Sale Contract Date: May 14, 2012
  • Current Sale Recording Date: May 14, 2012
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 20120392
  • Previous Sale Recording Date: Jul 18, 2007
  • Previous Sale Contract Date: Jul 18, 2007
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: 27
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 Putnam

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1525 ft²

Average Home Age

43.9 years

Currently For Sale

17 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: Ann Wood, RE/MAX Executive Team
Data Source: MRED, MLS# MRD06404831
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 463 Lake Thunderbird Drive built and last sold?
The property at 463 Lake Thunderbird Drive was built in and last sold on May 14, 2012 for $60,000.
How much is this home worth?
The estimated value of the home located at 463 Lake Thunderbird Drive is $103,049.
What are some comparable homes to 463 Lake Thunderbird Drive?
There are currently no comparable homes to 463 Lake Thunderbird Drive.
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