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Tuscola 61953
505 Pheasant Run Road
$300,000
● House - Off Market

505 Pheasant Run Road

Tuscola, IL 61953
bedrooms
3 Beds
bathrooms
2 Baths
square feet
2,050 Ft²
$304,718
RealtyHop Estimate
1.74%
Since May 1, 2023
National-US
Primary Model

About This Property

This Custom Built Ranch By Raymond Miller is First Time offered. 3 bedrooms and 2 full baths. Living room, Dining room, and family room. New composite deck 2022, Roof 2015. Furnace and A/C 2016.  On 8th Tee Box of Iron Horse Golf course.  Oversized Garage with plenty of room for 2 cars and golf cart.
Unit Size
2,050 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$146
Property Type
House
Property Taxes
$361
HOA Dues
$4
Year Built
2002

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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 #11715900)

Price History

Date / Event Date Event Price
Apr 14, 2023 Sold
Premium
Sold
Feb 8, 2023 Listed by KELLER WILLIAMS-TREC $299,500
Listed by KELLER WILLIAMS-TREC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2002
  • Effective Year Built: 2002
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Bathroom Plumbing Fixtures: 2
  • Building Condition: 6
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 29
  • Interior Walls Type: 0
  • Roof Shape Type: 1
  • Roof Cover Type: 15
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Parking Type: 1
  • Garage Type: 1
  • Garage Square Area: 616
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,803
  • Total Building Area: 2,101
  • Building Area: 2,101
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 2,101
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: IRON HORSE SUB
  • Land Acres: 0000000248
  • Standard Land Use Code: 1001
  • County Land Use Code: 0040
  • Legal Description 1: IRON HORSE S/D LOT 7

Neighborhood

  • School District Name: Tuscola Community Unit School District 301
  • Census Tract: 952200

Geography

  • District: TU
  • Parcel: 09-02-27-201-00700
  • Lot: 7
  • Municipality: TUSCOLA
  • Latitude: 39.8202
  • Longitude: -88.2807

    Address

  • Full Address: 505 Pheasant Run Rd
  • Address - House Number: 505
  • Address - Street Name: Pheasant Run
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Tuscola
  • Carrier Code: R005
  • 4-Digit Zip Code: 9212
  • Zip Code: 61953

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $449,196
  • Tax Rate Code Area: TU005

    Appraisal Valuation

  • Standard Deviation: 0.2598
  • Valuation Date: Aug 09, 2023
  • Confidence Score: 63
  • Final Value: 271,688
  • High Value: 342,285
  • Low Value: 201,091

    Market Valuation

  • Market Total Value: $215,343
  • Market Land Value: $32,091
  • Market Improvement Value: $183,252

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $71,781
  • Assessed Land Value: $10,697
  • Assessed Improvements Value: $61,084

    Exemptions

  • Senior Citizen Exemption : Yes

    Sales

  • Current Sale Contract Date: Jul 01, 2002
  • Current Sale Recording Date: Jul 01, 2002
  • Current Sale Price:
    Premium
  • Current 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 Tuscola

Stats & Trends

Median Asking:

$162,500

Sale Price/ft²

$137

Below Asking

0.03%

Average Days on Market

59

Average Home Size

1375 ft²

Average Home Age

75.4 years

Currently For Sale

12 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: Steven Starwalt, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11715900
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 505 Pheasant Run Road built and last sold?
The property at 505 Pheasant Run Road was built in 2002 and last sold on Jul 1, 2002 for $29,000.
How much is this home worth?
The estimated value of the home located at 505 Pheasant Run Road is $0.
What are some comparable homes to 505 Pheasant Run Road?
There are currently no comparable homes to 505 Pheasant Run Road.
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