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Plano 60545
604 Terrace Way
$132,000
● House - Off Market

604 Terrace Way

PLANO, IL 60545
bedrooms
3 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,226 Ft²
$253,115
RealtyHop Estimate
94.70%
Since Oct 1, 2013
National-US
Primary Model

About This Property

Great 3-bedroom home in Bella Terra subdivision near grade school. Spacious kitchen with newer appliances & plenty of table space. Bright dining room/sitting area overlooking deck to fenced in private yard with outdoor shed. Full finished basement with fourth bedroom, full bath & recreation room. Hall bath enhanced with deep soaking tub, ceramic tile surround & flooring, new toilet & vanity. Make it yours today!
Unit Size
1,226 Ft²
Days on Market
-
Land Size
-
Price per sqft
$106
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1989

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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: 2 years ago (MRED MLS #08378570)

Price History

Date / Event Date Event Price
Sep 30, 2013 Sold
Premium
Sold
Jun 24, 2013 Listed by Coldwell Banker Today's, Realtors $130,000
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1989
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 28
  • Exterior Walls Type: 6
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,130
  • Garage Type: 1
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 8,997
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,550
  • Gross Building Area: 1,550
  • Building Area: 1,550
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 24
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: BELLA TERRA SUB
  • Land Acres: 0000000207
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LT 16 BELLA TERRA SUB CITY OF PLANO

Neighborhood

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

Geography

  • Assessors Map Reference: 3259-D5
  • Parcel: 01-22-229-002
  • Lot: 16
  • Municipality: LITTLE ROCK TOWNSHIP
  • Latitude: 41.6723
  • Longitude: -88.5324

    Address

  • Full Address: 604 Terrace Way
  • Address - House Number: 604
  • Address - Street Name: Terrace
  • Address - Suffix Type: Way
  • State: IL
  • City Name: Plano
  • Carrier Code: R001
  • 4-Digit Zip Code: 1053
  • Zip Code: 60545

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $539,722
  • Tax Rate Code Area: LR003

    Appraisal Valuation

  • Standard Deviation: 0.1585
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 80
  • Final Value: 236,912
  • High Value: 274,486
  • Low Value: 199,339

    Market Valuation

  • Market Total Value: $190,821
  • Market Land Value: $29,052
  • Market Improvement Value: $161,769

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $63,607
  • Assessed Land Value: $9,684
  • Assessed Improvements Value: $53,923

    Sales

  • Current Sale Contract Date: Nov 23, 2016
  • Current Sale Recording Date: Dec 20, 2016
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201600020652
  • Previous Sale Recording Date: Oct 03, 2013
  • Previous Sale Contract Date: Sep 30, 2013
  • Previous Sale Amount: $132,000
  • 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 Plano

Stats & Trends

Median Asking:

$289,450

Sale Price/ft²

$185

Below Asking

0.01%

Average Days on Market

42

Average Home Size

1745 ft²

Average Home Age

27.3 years

Currently For Sale

16 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: Carol Wlodarchak, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 08378570
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 604 Terrace Way built and last sold?
The property at 604 Terrace Way was built in 1989 and last sold on Nov 23, 2016 for $150,000.
How much is this home worth?
The estimated value of the home located at 604 Terrace Way is $136,614.
What are some comparable homes to 604 Terrace Way?
There are currently no comparable homes to 604 Terrace Way.
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