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St. Charles 60175
501 RIVER RIDGE Drive
$675,500
● House - Off Market

501 RIVER RIDGE Drive

ST. CHARLES, IL 60175
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,243 Ft²
$1,456,006
RealtyHop Estimate
108.00%
Since Jan 1, 2009
National-US
Primary Model

About This Property

$90,000 PRICE DROP!! THIS HOME WILL LEAVE YOU BREATHLESS! FEATURES INCLUDE 4243 SQ FT OF LUXURY! 4 CAR GAR! HUGE MASTER SUITE W/SITTING RM, BATH & WALK-IN CLOSET! HDWD FLOORS ON 1ST FLOOR! GOURMET KITCHEN W/CUSTOM CABINETS & GRANITE! DECK ALONG ENTIRE BACK OF HOME! FULL DEEP POUR 9FT WALKOUT BASEMENT W/STAMPED CONCRETE PATIO & STAIRS TO GARAGE!  FREE PLASMA/LCD TV TO BUYER @ CLOSING 4 CONTRACT BTWN 10/10 & 11/30/08!!
Unit Size
4,243 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$165
Property Type
House
Property Taxes
$1,324
HOA Dues
$33
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

Air Conditioning
Fireplace
Garage
Parking Available

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 3
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 28
  • Exterior Walls Type: 3
  • Interior Walls Type: 3
  • Roof Shape Type: 8
  • Roof Cover Type: 15
  • Floor Count: 200
  • Floor Cover: 9
  • Basement Type: 2
  • Basement Area: 1,442
  • Garage Type: 1
  • Garage Square Area: 1,190
  • Parking Space Count: 4
  • Patio Type: 79
  • Porch Type: 102
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,780
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 1,210
  • Total Building Area: 4,243
  • Gross Building Area: 4,243
  • Building Area: 4,243
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 4,243
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RIVERS EDGE
  • Land Acres: 0000000500
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • State Land Use Code: 0040
  • Legal Description 1: RIVERS EDGE - PHASE I LOT 37

Neighborhood

  • School District Name: St. Charles Community Unit School District 303
  • Census Tract: 852103

Geography

  • Subdivision Phase Number: 1
  • Parcel: 09-16-228-021
  • Lot: 37
  • Municipality: SAINT CHARLES
  • Latitude: 41.9516
  • Longitude: -88.3212

    Address

  • Full Address: 501 River Ridge Dr
  • Address - House Number: 501
  • Address - Street Name: River Ridge
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Saint Charles
  • Carrier Code: R029
  • 4-Digit Zip Code: 5675
  • Zip Code: 60175

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,847,410
  • Tax Rate Code Area: SC076

    Appraisal Valuation

  • Standard Deviation: 0.1486
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 82
  • Final Value: 865,079
  • High Value: 993,683
  • Low Value: 736,476

    Market Valuation

  • Market Total Value: $704,697
  • Market Land Value: $200,735
  • Market Improvement Value: $503,962

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $234,805
  • Assessed Land Value: $66,885
  • Assessed Improvements Value: $167,920

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Aug 17, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2021K062818
  • Previous Sale Recording Date: Dec 02, 2015
  • Previous Sale Contract Date: Nov 12, 2015
  • Previous Sale Amount: $499,000
  • 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 St. Charles

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$242

Below Asking

0.01%

Average Days on Market

43

Average Home Size

2991 ft²

Average Home Age

50.5 years

Currently For Sale

59 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 325 Delnor Glen Drive, IL, 60174

$6,130 /mo

  • 3 Beds
  • 2 Baths
  • 2,300 ft²
325 Delnor Glen Drive #325, IL, 60174 Listing by Ruta Baran

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Wayne Reuter, RE/MAX Professionals East
Data Source: MRED, MLS# MRD06934776
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 501 River Ridge Drive built and last sold?
The property at 501 River Ridge Drive was built in 2005 and last sold on Jul 28, 2021 for $775,000.
How much is this home worth?
The estimated value of the home located at 501 River Ridge Drive is $806,990.
What are some comparable homes to 501 River Ridge Drive?
There are currently no comparable homes to 501 River Ridge Drive.
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