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Piatt 61854
7 Sangamon Bluffs
$545,000
● House - Off Market

7 Sangamon Bluffs

Mansfield, IL 61854
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,580 Ft²
$3,416
Est. Monthly
5.52%
Cap Rate

About This Property

This stunning 4-bedroom, 3.5-bathroom, 2-story home sits on over 2 acres of picturesque land in Monticello Schools. The main floor boasts an open-concept design, seamlessly connecting the family room, breakfast nook, and kitchen, creating an inviting space for entertaining. A formal dining room and spacious living room provide additional areas for relaxation and gatherings, while a charming 3-season sunroom brings in natural light year-round. Upstairs, the primary bedroom features a remodeled en-suite bathroom, along with three additional bedrooms and a full bathroom. The lower level offers an expansive rec room, a full bathroom, and a dedicated office space. Outdoors, enjoy the new deck and firepit area, ideal for relaxing and entertaining in the serene backyard.
Unit Size
2,580 Ft²
Days on Market
-
Land Size
2.37 acres
Price per sqft
$213
Property Type
House
Property Taxes
$715
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

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: 103,237
  • 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: SANGAMON BLUFFS SECOND SUBD
  • Land Acres: 0000002370
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: LOT 7 SANGAMON BLUFFS SECOND SUBD PT S 1/2 SEC 10-19-6 PL BK 12 PG 245 2.374 AC 31 10 1 7

Neighborhood

  • School District Name: Monticello Community Unit School District 25
  • Census Tract: 954500

Geography

  • District: 06
  • Parcel: 06-00-16-000-007-00
  • Lot: 7
  • Meridian: SEC 10 TWN 19 RNG 06
  • Municipality: SANGAMON TOWNSHIP
  • Latitude: 40.1137
  • Longitude: -88.5127

    Address

  • Full Address: 7 Sangamon Bluffs Rd
  • Address - House Number: 7
  • Address - Street Name: Sangamon Bluffs
  • Address - Suffix Type: Rd
  • State: IL
  • City Name: Mansfield
  • Carrier Code: R031
  • 4-Digit Zip Code: 6861
  • Zip Code: 61854

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $778,432
  • Tax Rate Code Area: 06045

    Appraisal Valuation

  • Standard Deviation: 0.1792
  • Valuation Date: May 31, 2023
  • Confidence Score: 76
  • Final Value: 462,218
  • High Value: 545,064
  • Low Value: 379,372

    Market Valuation

  • Market Total Value: $375,813
  • Market Land Value: $73,488
  • Market Improvement Value: $302,325

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $125,271
  • Assessed Land Value: $24,496
  • Assessed Improvements Value: $100,775

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 01, 2003
  • Current Sale Recording Date: Jan 01, 2003
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 000000002115
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 Piatt

Stats & Trends

Median Asking:

$229,900

Sale Price/ft²

$143

Below Asking

0.02%

Average Days on Market

52

Average Home Size

2326 ft²

Average Home Age

49 years

Currently For Sale

32 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: Nick Taylor, Taylor Realty Associates
Data Source: MRED, MLS# MRD12320858
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 7 Sangamon Bluffs built and last sold?
The property at 7 Sangamon Bluffs was built in and last sold on Jan 1, 2003 for $44,000.
How much is this home worth?
The estimated value of the home located at 7 Sangamon Bluffs is $0.
What are some comparable homes to 7 Sangamon Bluffs?
There are currently no comparable homes to 7 Sangamon Bluffs.
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