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Plano 60545
524 Ramsden Road
$209,000
● House - Off Market

524 Ramsden Road

Plano, IL 60545
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,427 Ft²
$218,693
RealtyHop Estimate
4.64%
Since Nov 1, 2022
National-US
Primary Model

About This Property

Excellent opportunity and priced to sell quickly!  Enjoy generous room sizes and a fantastic layout with 3 bedrooms and full bath on the 2nd floor.  Spacious kitchen with eating area next to family room (currently used as a formal dining room).  Plenty of elbow room for all your guests.  Separate laundry room and 1/2 bath on the first floor.  Partial unfinished dry basement with huge crawl space offers tons of storage space.  Well maintained with new roof in 2020.  Great backyard and 2 car garage. Don't miss this one!
Unit Size
1,427 Ft²
Days on Market
-
Land Size
0.19 acres
Price per sqft
$146
Property Type
House
Property Taxes
$636
HOA Dues
$40
Year Built
2006

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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 #11620849)

Price History

Date / Event Date Event Price
Oct 31, 2022 Sold
Premium
Sold
Sep 2, 2022 Listed by Sentry Residential LLC $209,000
Listed by Sentry Residential LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 818
  • Garage Type: 1
  • Garage Square Area: 399
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,393
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,644
  • Gross Building Area: 2,644
  • Building Area: 1,427
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heated Square Feet: 1,427
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LAKEWOOD SPRINGS
  • Land Acres: 0000000193
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 1510 LAKEWOOD SPRINGS UNIT 6 CITY OF PLANO

Neighborhood

  • School District Name: Plano Community Unit School District 88
  • Census Tract: 890502

Geography

  • Assessors Map Reference: 3259-C5
  • Parcel: 01-21-230-033
  • Lot: 1510
  • Municipality: LITTLE ROCK TOWNSHIP
  • Latitude: 41.6704
  • Longitude: -88.5484

    Address

  • Full Address: 524 Ramsden Rd
  • Address - House Number: 524
  • Address - Street Name: Ramsden
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Plano
  • Carrier Code: R003
  • 4-Digit Zip Code: 3026
  • Zip Code: 60545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $797,484
  • Tax Rate Code Area: LR003

    Appraisal Valuation

  • Standard Deviation: 0.1265
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 85
  • Final Value: 252,421
  • High Value: 284,357
  • Low Value: 220,484

    Market Valuation

  • Market Total Value: $198,366
  • Market Land Value: $22,830
  • Market Improvement Value: $175,536

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $66,122
  • Assessed Land Value: $7,610
  • Assessed Improvements Value: $58,512

    Sales

  • Current Sale Contract Date: Oct 28, 2022
  • Current Sale Recording Date: Nov 01, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 17715
  • Previous Sale Recording Date: Dec 01, 2012
  • Previous Sale Contract Date: Dec 01, 2012
  • Previous Sale Amount: $64,000
  • Previous Sale Document Type: 27

    Previous Mortgages

  • Previous Mortgage Lender:
    Premium
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 Plano

Stats & Trends

Median Asking:

$289,450

Sale Price/ft²

$184

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1641 ft²

Average Home Age

44.1 years

Currently For Sale

18 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

Rentals Near You

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MRED

Listed by: Sarai Acevedo-Schwocher, Sentry Residential LLC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11620849
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 524 Ramsden Road built and last sold?
The property at 524 Ramsden Road was built in 2006 and last sold on Oct 28, 2022 for $209,000.
How much is this home worth?
The estimated value of the home located at 524 Ramsden Road is $214,871.
What are some comparable homes to 524 Ramsden Road?
There are currently no comparable homes to 524 Ramsden Road.
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