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Marion 62853
5201 PEAR Road
$275,000
● House - Off Market

5201 PEAR Road

Kell, IL 62853
bedrooms
4 Beds
bathrooms
3 Baths
square feet
2,278 Ft²
$1,435
Est. Monthly

About This Property

This custom home was 2017 after the original home was scraped. It features an open floor plan with 3 bedrooms/2 baths on the main level. Master suite has a private bath. The main level is over 1400 sq feet and includes a full basement with over 800 additional finished square feet, including a 4th bedroom and 3/4 bathroom. The home sits on 10 acres which includes a 24 X 30 pole barn and pond. The kitchen includes custom cabinets with solid surfaces and a kitchen island. The family room features a fireplace. Home as electric, propane, and an aeriation system.
Unit Size
2,278 Ft²
Days on Market
-
Land Size
-
Price per sqft
$121
Property Type
House
Property Taxes
$84
HOA Dues
-
Year Built
-

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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.

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: 435,600
  • 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
  • Land Acres: 0000010000
  • Standard Land Use Code: 1008
  • County Land Use Code: 0011
  • Legal Description 1: SW SW SW

Neighborhood

  • School District Name: Salem Community High School District 600
  • Census Tract: 952200

Geography

  • District: 16
  • Parcel: 1605300014
  • Municipality: HAINES TOWNSHIP
  • Latitude: 38.5502
  • Longitude: -88.9019

    Address

  • Full Address: 5201 Pear Rd
  • Address - House Number: 5201
  • Address - Street Name: Pear
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Kell
  • Carrier Code: R051
  • 4-Digit Zip Code: 1043
  • Zip Code: 62853

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $93,168
  • Tax Rate Code Area: 16003

    Appraisal Valuation

  • Standard Deviation: 0.1221
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 75
  • Final Value: 98,386
  • High Value: 110,404
  • Low Value: 86,367

    Market Valuation

  • Market Total Value: $74,931
  • Market Land Value: $16,371
  • Market Improvement Value: $58,560

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $24,977
  • Assessed Land Value: $5,457
  • Assessed Improvements Value: $19,520

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 14, 2015
  • Current Sale Recording Date: Aug 10, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2015R04358
  • Previous Sale Recording Date: Feb 10, 2015
  • Previous Sale Contract Date: Feb 10, 2015
  • Previous Sale Document Type: 27

    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 Marion

Stats & Trends

Median Asking:

$141,500

Sale Price/ft²

$93

Below Asking

0.03%

Average Days on Market

60

Average Home Size

1927 ft²

Average Home Age

65.6 years

Currently For Sale

88 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: Dee Ann Arey, MIDWEST FARM & LAND
Data Source: MRED, MLS# MRDEB457981
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 5201 Pear Road built and last sold?
The property at 5201 Pear Road was built in and last sold on Jul 14, 2015 for $30,000.
How much is this home worth?
The estimated value of the home located at 5201 Pear Road is $0.
What are some comparable homes to 5201 Pear Road?
There are currently no comparable homes to 5201 Pear Road.
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