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Algonquin 60102 High Hill Farms
705 Mulberry Court
$299,000
● House - Off Market

705 Mulberry Court

Algonquin, IL 60102
bedrooms
4 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
1,933 Ft²
$333,406
RealtyHop Estimate
11.51%
Since Dec 1, 2021
National-US
Primary Model

About This Property

Charming home, located on a spacious corner lot, and just a short drive to all the schools, hospitals, restaurants, and shopping amenities! Featuring both a formal living and dining room on the main level that guides you into the kitchen and into the cozy family room with a stone wood-burning fireplace that overlooks your beautiful fully fenced backyard, patio, & deck. The perfect room to enjoy the beauty of every season! In the finished basement you will find an office, rec area, laundry room and storage space. Upstairs, all bedrooms feature generous sized closets with custom organizers, including your primary bedroom with an en-suite. Come see all the potential this home has to offer you, today!
Unit Size
1,933 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$155
Property Type
House
Property Taxes
$496
HOA Dues
-
Year Built
1978

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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 #11235048)

Price History

Date / Event Date Event Price
Nov 22, 2021 Sold
Premium
Sold
Sep 30, 2021 Listed by Expert Realty Solutions Inc. $299,000
Listed by Expert Realty Solutions Inc.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 41
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 1,008
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 10,857
  • Total Building Area: 2,581
  • Building Area: 1,933
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 4
  • Heated Square Feet: 1,933
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: HIGH HILL FARMS UNIT 1
  • Land Acres: 0000000249
  • Standard Land Use Code: 1000
  • County Land Use Code: 0040
  • Legal Description 1: DOC 2022R0001570 LT 59 HIGH HILL FARMS UNIT 1

Neighborhood

  • School District Name: Community Unit School District 300
  • Census Tract: 871310

Geography

  • Parcel: 19-33-252-005
  • Block: 252
  • Lot: 59
  • Municipality: ALGONQUIN TWP
  • Latitude: 42.1647
  • Longitude: -88.3027

    Address

  • Full Address: 705 Mulberry Ct
  • Legal Unit: 1
  • Address - House Number: 705
  • Address - Street Name: Mulberry
  • Address - Suffix Type: Ct
  • State: IL
  • City Name: Algonquin
  • Carrier Code: C008
  • 4-Digit Zip Code: 2168
  • Zip Code: 60102

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $717,744
  • Tax Rate Code Area: 19005

    Appraisal Valuation

  • Standard Deviation: 0.1639
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 79
  • Final Value: 350,212
  • High Value: 407,637
  • Low Value: 292,786

    Market Valuation

  • Market Total Value: $269,079
  • Market Land Value: $63,132
  • Market Improvement Value: $205,947

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $89,693
  • Assessed Land Value: $21,044
  • Assessed Improvements Value: $68,649

    Sales

  • Current Sale Contract Date: Nov 01, 2021
  • Current Sale Recording Date: Jan 11, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2022R0001570
  • Previous Sale Recording Date: May 10, 2016
  • Previous Sale Contract Date: Apr 21, 2016
  • Previous Sale Amount: $222,000
  • 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 High Hill Farms

Stats & Trends

Median Asking:

$450,000

Sale Price/ft²

$194

Below Asking

0.01%

Average Days on Market

51

Average Home Size

2772 ft²

Average Home Age

34 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

Unit for rent at 2240 Barrett Drive, Algonquin, IL, 60102

$3,500 /mo

  • 4 Beds
  • 3 Baths
  • 2,810 ft²
2240 Barrett Drive, Algonquin, IL, 60102 Listing by Jennifer Ambrose

Rentals Near You

Click here to view more rentals in the neighborhood.
MRED

Listed by: Melissa Davies, Expert Realty Solutions Inc.
Last Updated: 3 years ago
Data Source: MRED, MLS# 11235048
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 705 Mulberry Court built and last sold?
The property at 705 Mulberry Court was built in 1978 and last sold on Nov 1, 2021 for $299,000.
How much is this home worth?
The estimated value of the home located at 705 Mulberry Court is $306,269.
What are some comparable homes to 705 Mulberry Court?
There are currently no comparable homes to 705 Mulberry Court.
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