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Algonquin 60102
503 Sunshine Court
$280,000
● House - Off Market

503 Sunshine Court

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
2 Baths
square feet
1,600 Ft²
$283,736
RealtyHop Estimate
1.37%
Since May 1, 2022
National-US
Primary Model

About This Property

Lovely updated Tri-level with a 2-car garage. Gas Wood Burning Fireplace   in Family Room to create more beautiful memories. Kitchen updated (2018) with stainless steel appliances and new countertops.    Newer GE PROFILE   DISHWASHER, MICROWAVE,  Oven/Rangeand  & Refrigerator (2018). Both bathrooms have also been remodeled. A/C replaced in 2017.  Hot water Heater in 2016, Roof in 2007, Windows Upstairs and Patio Door  in 2017. Concrete Patio Deck in 2018. Bathtub will be professionally   refinished    Beautiful backyard.  Close to Prairie Bike Trail, the Fox River and downtown Algonquin...
Unit Size
1,600 Ft²
Days on Market
-
Land Size
0.31 acres
Price per sqft
$175
Property Type
House
Property Taxes
$447
HOA Dues
-
Year Built
1973

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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 #11323526)

Price History

Date / Event Date Event Price
Apr 2, 2022 Sold
Premium
Sold
Feb 12, 2022 Listed by ILLINOIS ON THE MOVE, LLC $279,900
Listed by ILLINOIS ON THE MOVE, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 0
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 560
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 13,877
  • Total Building Area: 1,600
  • Building Area: 1,600
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,600
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: RATTRAYS VILLAGE GREEN
  • Land Acres: 0000000319
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0012847 LT 7 RATTRAYS VILLAGE GREEN

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871310

Geography

  • Parcel: 19-34-335-013
  • Block: 335
  • Lot: 7
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1575
  • Longitude: -88.2896

    Address

  • Full Address: 503 Sunshine Ct
  • Address - House Number: 503
  • Address - Street Name: Sunshine
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C003
  • 4-Digit Zip Code: 2942
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $570,178
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1709
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 78
  • Final Value: 291,133
  • High Value: 340,902
  • Low Value: 241,365

    Market Valuation

  • Market Total Value: $199,458
  • Market Land Value: $48,276
  • Market Improvement Value: $151,182

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,486
  • Assessed Land Value: $16,092
  • Assessed Improvements Value: $50,394

    Sales

  • Current Sale Contract Date: Mar 17, 2022
  • Current Sale Recording Date: Apr 07, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 12847
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 Algonquin

Stats & Trends

Median Asking:

$424,990

Sale Price/ft²

$205

Below Asking

0.01%

Average Days on Market

45

Average Home Size

2436 ft²

Average Home Age

28.4 years

Currently For Sale

40 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 1381 Glacier Parkway, Algonquin, IL, 60102

$3,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,856 ft²
1381 Glacier Parkway, Algonquin, IL, 60102 Listing by Uver Perez

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Jose Resto, ILLINOIS ON THE MOVE, LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11323526
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 503 Sunshine Court built and last sold?
The property at 503 Sunshine Court was built in 1973 and last sold on Mar 17, 2022 for $280,000.
How much is this home worth?
The estimated value of the home located at 503 Sunshine Court is $284,362.
What are some comparable homes to 503 Sunshine Court?
There are currently no comparable homes to 503 Sunshine Court.
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