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Putnam
64 Timberland Drive
$135,000
● House - Off Market

64 Timberland Drive

PUTNAM, IL 61560
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,764 Ft²
$211,631
RealtyHop Estimate
51.27%
Since Sep 1, 2018
National-US
Primary Model

About This Property

Living is easy in this impressive, generously proportioned contemporary residence near the lake, located within a level stroll to the beaches of Lake Thunderbird.  The floor plan encompasses three spacious bedrooms with plenty of room for study, sleep and storage,  and a sleek and stylish kitchen that flows through to the dining room and private wrap around porch.  Perfect for a family or as a summer retreat, this home is ideally positioned to enjoy the proximity to the beach, pool, clubhouse, and an abundance of wildlife.
Unit Size
1,764 Ft²
Days on Market
-
Land Size
0.35 acres
Price per sqft
$79
Property Type
House
Property Taxes
$317
HOA Dues
$39
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.

Last updated: 2 years ago (MRED MLS #09865824)

Price History

Date / Event Date Event Price
Aug 27, 2018 Sold
Premium
Sold
Feb 25, 2018 Listed by Coldwell Banker Real Estate Group $139,900
Listed by Coldwell Banker Real Estate Group

Property Highlights

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: 15,045
  • 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
  • Subdivision: LK THUNDERBIRD HLS 3
  • Land Acres: 0000000345
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LK THUNDERBIRD HLS 3 LOT 696

Neighborhood

  • School District Name: Henry-Senachwine Consolidated Unit School District 5
  • Census Tract: 954600

Geography

  • District: 3
  • Parcel: 03-00-052-080
  • Lot: 696
  • Municipality: SENACHWINE
  • Latitude: 41.2109
  • Longitude: -89.436

    Address

  • Full Address: 64 Timberlane Dr
  • Address - House Number: 64
  • Address - Street Name: Timberlane
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Putnam
  • Carrier Code: R004
  • 4-Digit Zip Code: 9580
  • Zip Code: 61560

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $270,182
  • Tax Rate Code Area: 03004

    Appraisal Valuation

  • Standard Deviation: 0.24
  • Valuation Date: May 31, 2023
  • Confidence Score: 66
  • Final Value: 199,249
  • High Value: 247,085
  • Low Value: 151,414

    Market Valuation

  • Market Total Value: $118,047
  • Market Land Value: $5,859
  • Market Improvement Value: $112,188

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $39,349
  • Assessed Land Value: $1,953
  • Assessed Improvements Value: $37,396

    Exemptions

  • Homeowner Exemption: Yes
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 Putnam

Stats & Trends

Median Asking:

$215,000

Sale Price/ft²

$148

Below Asking

0.02%

Average Days on Market

54

Average Home Size

1525 ft²

Average Home Age

43.9 years

Currently For Sale

17 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: Amber Wade, Coldwell Banker Real Estate Group
Last Updated: 2 years ago
Data Source: MRED, MLS# 09865824
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 64 Timberlane Drive built and last sold?
The property at 64 Timberlane Drive was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 64 Timberlane Drive is $152,102.
What are some comparable homes to 64 Timberlane Drive?
There are currently no comparable homes to 64 Timberlane Drive.
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