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Oswego 60543
703 HOOVER Drive
$258,500
● House - Off Market

703 HOOVER Drive

OSWEGO, IL 60543
bedrooms
4 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,378 Ft²
$417,256
RealtyHop Estimate
60.54%
Since Jul 1, 2017
National-US
Primary Model

About This Property

Welcome Home! Fantastic 4 bedroom home on one of largest lots in Hometown.  In wonderful condition this home boasts a beautiful kitchen with dark maple and all stainless appliances. The basement was finished with an amazing movie room and bar. With an additional bonus room perfect as an office or playroom. The spacious second level features walk in closets in the master, 2nd and 3rd bedrooms. Separate tub and shower and vaulted ceiling make the master suite the retreat it is meant to be.  Enjoy outdoors on your balcony off the loft that overlooks the park or relax on the back patio.  This home has everything you need at a steal of a price and at taxes of $6,646 (2015) is one of the best bargains you will find for 4bedrooms and 2400 sqft.  Take the 3D tour for a full walk-through of the home.
Unit Size
2,378 Ft²
Days on Market
-
Land Size
0.25 acres
Price per sqft
$109
Property Type
House
Property Taxes
$554
HOA Dues
$53
Year Built
-

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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 #09588092)

Price History

Date / Event Date Event Price
Jun 26, 2017 Sold
Premium
Sold
Apr 7, 2017 Listed by MBC Realty & Insurance Group I $259,900
Listed by MBC Realty & Insurance Group I

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Building Count: 1
  • 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 Count: 200
  • Floor Cover: 0
  • Basement Type: 3
  • Basement Area: 1,040
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,991
  • Total Building Area: 1,040
  • Gross Building Area: 1,040
  • Building Area: 1,040
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,040
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HOMETOWN OF OSWEGO
  • Land Acres: 0000000183
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: LOT 192 HOMETOWN OF OSWEGO UNIT 4 VILLAGE OF OSWEGO

Neighborhood

  • School District Name: Oswego Community Unit School District 308
  • Census Tract: 890301

Geography

  • Assessors Map Reference: 3263-A3
  • Parcel: 03-18-144-011
  • Lot: 192
  • Municipality: OSWEGO TOWNSHIP
  • Latitude: 41.6897
  • Longitude: -88.3686

    Address

  • Full Address: 703 Hoover Dr
  • Address - House Number: 703
  • Address - Street Name: Hoover
  • Address - Suffix Type: Dr
  • State: IL
  • City Name: Oswego
  • Carrier Code: R009
  • 4-Digit Zip Code: 7418
  • Zip Code: 60543

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $788,908
  • Tax Rate Code Area: OS008

    Appraisal Valuation

  • Standard Deviation: 0.1432
  • Valuation Date: Nov 29, 2023
  • Confidence Score: 82
  • Final Value: 377,273
  • High Value: 431,323
  • Low Value: 323,222

    Market Valuation

  • Market Total Value: $280,095
  • Market Land Value: $52,647
  • Market Improvement Value: $227,448

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $93,365
  • Assessed Land Value: $17,549
  • Assessed Improvements Value: $75,816

    Sales

  • Current Sale Contract Date: Jun 16, 2017
  • Current Sale Recording Date: Jul 03, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 201700010213
  • Previous Sale Recording Date: Jun 02, 2011
  • Previous Sale Contract Date: May 31, 2011
  • Previous Sale Amount: $212,000
  • 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 Oswego

Stats & Trends

Median Asking:

$419,900

Sale Price/ft²

$209

Below Asking

0.01%

Average Days on Market

48

Average Home Size

2277 ft²

Average Home Age

16.3 years

Currently For Sale

111 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

Unit for rent at 624 Vista Drive, Oswego, IL, 60543

$3,490 /mo

  • 4 Beds
  • 2 Baths
  • 3,550 ft²
624 Vista Drive, Oswego, IL, 60543 Listing by Kathleen Bak

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: , MBC Realty & Insurance Group I
Last Updated: 3 years ago
Data Source: MRED, MLS# 09588092
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 703 Hoover Drive built and last sold?
The property at 703 Hoover Drive was built in and last sold on Jun 16, 2017 for $258,500.
How much is this home worth?
The estimated value of the home located at 703 Hoover Drive is $273,387.
What are some comparable homes to 703 Hoover Drive?
There are currently no comparable homes to 703 Hoover Drive.
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