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Elgin 60124
475 Mooresfield Street
$427,000
● House - Off Market

475 Mooresfield Street

Elgin, IL 60124
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
3,413 Ft²
$486,273
RealtyHop Estimate
14.44%
Since Sep 1, 2021
National-US
Primary Model

About This Property

Welcome to the Beautiful Two Story 3400sq ft Wickford Model Located in the Highly Regarded Burlington 301 School District and the Premier Providence Subdivision. The Home Features Brick and Cedar Front Elevation with the Porch, 4 Second Floor Bedrooms, the Sought After Bonus Room, Hardwood Floors, First Floor Office, Cozy Family Room with Stone Fireplace, Beautiful Kitchen with 42" Maple Cabinets, Island, Granite Counter Tops, Black Appliances, Large Mudroom off the Garage, Professionally Landscaped Fully Fenced Backyard with Brick Paver Patio. You are going to love to call this home!   Master Association is $300 per Year!
Unit Size
3,413 Ft²
Days on Market
-
Land Size
0.23 acres
Price per sqft
$124
Property Type
House
Property Taxes
$889
HOA Dues
-
Year Built
2005

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

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 #11149893)

Price History

Date / Event Date Event Price
Aug 26, 2021 Sold
Premium
Sold
Jul 8, 2021 Listed by Street Side Realty LLC $424,900
Listed by Street Side Realty LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • 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: 1,655
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,019
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 800
  • Total Building Area: 5,068
  • Gross Building Area: 5,068
  • Building Area: 3,413
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 0
  • Heated Square Feet: 3,413
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: PROVIDENCE
  • Land Acres: 0000000230
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: PROVIDENCE UNIT 3A LT 622

Neighborhood

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

Geography

  • Parcel: 06-19-478-017
  • Lot: 622
  • Municipality: ELGIN
  • Latitude: 42.0163
  • Longitude: -88.363

    Address

  • Full Address: 475 Mooresfield St
  • Legal Unit: 3A
  • Address - House Number: 475
  • 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: $1,170,180
  • Tax Rate Code Area: EL059

    Appraisal Valuation

  • Standard Deviation: 0.1347
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 84
  • Final Value: 498,091
  • High Value: 565,205
  • Low Value: 430,978

    Market Valuation

  • Market Total Value: $384,586
  • Market Land Value: $100,306
  • Market Improvement Value: $284,280

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $128,144
  • Assessed Land Value: $33,422
  • Assessed Improvements Value: $94,722

    Sales

  • Current Sale Contract Date: Aug 17, 2021
  • Current Sale Recording Date: Sep 03, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K067618
  • Previous Sale Recording Date: Feb 14, 2006
  • Previous Sale Contract Date: Dec 22, 2005
  • Previous Sale Amount: $422,500
  • 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 Elgin

Stats & Trends

Median Asking:

$360,000

Sale Price/ft²

$206

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2100 ft²

Average Home Age

34 years

Currently For Sale

161 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: Gino Metallo, Street Side Realty LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11149893
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 475 Moores Field Street built and last sold?
The property at 475 Moores Field Street was built in 2005 and last sold on Aug 17, 2021 for $427,000.
How much is this home worth?
The estimated value of the home located at 475 Moores Field Street is $441,798.
What are some comparable homes to 475 Moores Field Street?
There are currently no comparable homes to 475 Moores Field Street.
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