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McHenry 60152 Southridge
7014 Paulson Drive
$219,900
● House - Off Market

7014 Paulson Drive

MARENGO, IL 60152
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
2,352 Ft²
$353,038
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

come view this 4 bedroom 2.1 bath home with a 3 car garage. Enjoy the fireplace on those cold nights or the deck on the warm nights. Sold as is, no survey, 100% tax pro-rations. See attachment for PAS requirements and WFHM offer submittal information in MLS document section.
Unit Size
2,352 Ft²
Days on Market
-
Land Size
-
Price per sqft
$93
Property Type
House
Property Taxes
$642
HOA Dues
$3
Year Built
1995

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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: 3 years ago (MRED MLS #09587738)

Price History

Date / Event Date Event Price
Jun 7, 2017 Sold
Premium
Sold
Apr 5, 2017 Listed by All Homes Realty Inc $219,900
Listed by All Homes Realty Inc

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 2
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 9
  • Basement Area: 1,310
  • Garage Type: 1
  • Garage Square Area: 771
  • Parking Space Count: 3
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 81,022
  • Total Building Area: 4,433
  • Gross Building Area: 4,433
  • Building Area: 3,662
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 3,662
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 4
  • Water Service: 5

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SOUTHRIDGE SUB PHASE 1
  • Land Acres: 0000001860
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2017R0020929 LT 22 SOUTHRIDGE SUB PHASE 1

Neighborhood

  • School District Name: Marengo Community High School District 154
  • Census Tract: 871004

Geography

  • Subdivision Phase Number: 1
  • Parcel: 16-02-478-009
  • Block: 478
  • Lot: 22
  • Municipality: RILEY TWP
  • Latitude: 42.2269
  • Longitude: -88.6119

    Address

  • Full Address: 7014 Paulson Dr
  • Address - House Number: 7014
  • Address - Street Name: Paulson
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Marengo
  • Carrier Code: R002
  • 4-Digit Zip Code: 8304
  • Zip Code: 60152

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $821,844
  • Tax Rate Code Area: 16001

    Appraisal Valuation

  • Standard Deviation: 0.1565
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 80
  • Final Value: 428,350
  • High Value: 495,428
  • Low Value: 361,272

    Market Valuation

  • Market Total Value: $326,727
  • Market Land Value: $27,012
  • Market Improvement Value: $299,715

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $108,909
  • Assessed Land Value: $9,004
  • Assessed Improvements Value: $99,905

    Sales

  • Current Sale Contract Date: May 18, 2017
  • Current Sale Recording Date: Jun 09, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2017R0020929
  • Previous Sale Recording Date: Aug 22, 1995
  • Previous Sale Contract Date: Aug 18, 1995
  • Previous Sale Amount: $240,000
  • Previous Sale Document Type: 71
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 Southridge

Stats & Trends

Median Asking:

$649,000

Sale Price/ft²

$145

Below Asking

0.01%

Average Days on Market

32

Average Home Size

4476 ft²

Average Home Age

26 years

Currently For Sale

1 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: , All Homes Realty Inc
Last Updated: 3 years ago
Data Source: MRED, MLS# 09587738
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 7014 Paulson Drive built and last sold?
The property at 7014 Paulson Drive was built in 1995 and last sold on May 18, 2017 for $219,900.
How much is this home worth?
The estimated value of the home located at 7014 Paulson Drive is $0.
What are some comparable homes to 7014 Paulson Drive?
There are currently no comparable homes to 7014 Paulson Drive.
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