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Weldon 61882
645 High Street
$121,900
● House - Off Market

645 High Street

Weldon, IL 61882
bedrooms
3 Beds
bathrooms
1 Bath
square feet
1,607 Ft²
$114,183
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

You don't want to miss this charming corner double lot 3 bedroom, 1 bathroom house with an added bonus room upstairs!  In this 1.5 level home, you will see the highly sought out exposed hard-wood flooring in 2 bedrooms and the bonus room, and carpet in the third bedroom. With large windows in each room, including the spaciously inviting living room with patio doors that lead directly to the front porch, you will never be short of natural light! A detached 2 car garage that can hold up to 4 vehicles with additional space for storage is just a short distance from the house, with porch access directly from the house.
Unit Size
1,607 Ft²
Days on Market
-
Land Size
-
Price per sqft
$72
Property Type
House
Property Taxes
$142
HOA Dues
-
Year Built
1949

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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 #11826795)

Price History

Date / Event Date Event Price
Sep 1, 2023 Sold
Premium
Sold
Jul 19, 2023 Listed by KELLER WILLIAMS-TREC $114,900
Listed by KELLER WILLIAMS-TREC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1949
  • Effective Year Built: 1949
  • Bedroom Count: 0
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 6
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • 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: 20,038
  • Total Building Area: 1,200
  • Building Area: 1,200
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,200
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: NI - SECTION 09 - CITY
  • Land Acres: 0000000460
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: S9 T19 R4, PLAT OF LOTS 3 THRU 9 N 1/2 SE SEC 9-19-4; PT LT 8 - BEG INT S LN HIGH ST & W LN WESTWOOD ST, S175, W113.07, N175,

Neighborhood

  • School District Name: DeLand-Weldon Community Unit School District 57
  • Census Tract: 971500

Geography

  • District: 14
  • Section: Jan 01, 1970
  • Parcel: 14-09-401-016
  • Lot: 3-9
  • Meridian: SEC 09 TWN 19 RNG 04
  • Municipality: NIXON
  • Latitude: 40.12
  • Longitude: -88.7539

    Address

  • Full Address: 645 High St
  • Address - House Number: 645
  • Address - Street Name: High
  • Address - Suffix Type: St
  • State: IL
  • City Name: Weldon
  • Carrier Code: R777
  • 4-Digit Zip Code: 4632
  • Zip Code: 61882

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $188,354

    Appraisal Valuation

  • Standard Deviation: 0.1303
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 85
  • Final Value: 109,503
  • High Value: 123,778
  • Low Value: 95,228

    Market Valuation

  • Market Total Value: $93,597
  • Market Land Value: $93,597

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $31,196
  • Assessed Land Value: $7,122
  • Assessed Improvements Value: $24,074

    Sales

  • Current Sale Contract Date: Sep 01, 2023
  • Current Sale Recording Date: Sep 07, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 265558
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 Weldon

Stats & Trends

Median Asking:

$92,400

Sale Price/ft²

$79

Below Asking

0.03%

Average Days on Market

74

Average Home Size

1279 ft²

Average Home Age

96.3 years

Currently For Sale

0 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: Ashley Miller, KELLER WILLIAMS-TREC
Last Updated: 3 years ago
Data Source: MRED, MLS# 11826795
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 645 High Street built and last sold?
The property at 645 High Street was built in 1949 and last sold on Sep 1, 2023 for $122,000.
How much is this home worth?
The estimated value of the home located at 645 High Street is $116,049.
What are some comparable homes to 645 High Street?
There are currently no comparable homes to 645 High Street.
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