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LaSalle 61301
705 Wright Street
$110,000
● House - Off Market

705 Wright Street

Lasalle, IL 61301
bedrooms
3 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,353 Ft²
$146,423
RealtyHop Estimate
33.72%
Since Nov 1, 2020
National-US
Primary Model

About This Property

Beautiful 3-bedroom, 1.5-bath home. Great enclosed front porch for relaxing on summer nights. Well kept with updated flooring and counters in kitchen. Hardwood floor in living room and den with wood burning fireplace. Two car detached garage and in-ground pool complete this great homestead. Hot water heater new in 2020.
Unit Size
1,353 Ft²
Days on Market
-
Land Size
0.12 acres
Price per sqft
$81
Property Type
House
Property Taxes
$306
HOA Dues
-
Year Built
1912

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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: 2 years ago (MRED MLS #10823201)

Price History

Date / Event Date Event Price
Oct 20, 2020 Sold
Premium
Sold
Aug 18, 2020 Listed by Coldwell Banker Today's, Realtors $109,500
Listed by Coldwell Banker Today's, Realtors

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1912
  • Effective Year Built: 1912
  • 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: 5,227
  • Total Building Area: 1,353
  • Gross Building Area: 1,353
  • Building Area: 1,353
  • Building Area Measurement: T

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 1,353
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: LASALLE (ORIGINAL TOWN)
  • Land Acres: 0000000120
  • Standard Land Use Code: 1999
  • County Land Use Code: 0040
  • Legal Description 1: TOWN OF LASALLE, S1/2 OF E30' LT 13 & S1/2 LT 14 BLK 38 SEC 15-33-1

Neighborhood

  • School District Name: LaSalle-Peru Township High School District 120
  • Census Tract: 962900

Geography

  • District: LS
  • Parcel: 18-15-124-017
  • Block: 38
  • Lot: 13-14
  • Meridian: SEC 15 TWN 33 RNG 01
  • Municipality: LASALLE TOWNSHIP
  • Latitude: 41.3346
  • Longitude: -89.0996

    Address

  • Full Address: 705 Wright St
  • Address - House Number: 705
  • Address - Street Name: Wright
  • Address - Suffix Type: St
  • State: IL
  • City Name: La Salle
  • Carrier Code: C004
  • 4-Digit Zip Code: 1832
  • Zip Code: 61301

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $391,500
  • Tax Rate Code Area: LS004

    Appraisal Valuation

  • Standard Deviation: 0.2707
  • Valuation Date: Jun 14, 2023
  • Confidence Score: 61
  • Final Value: 139,502
  • High Value: 177,275
  • Low Value: 101,729

    Market Valuation

  • Market Total Value: $113,166
  • Market Land Value: $11,070
  • Market Improvement Value: $102,096

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $37,722
  • Assessed Land Value: $3,690
  • Assessed Improvements Value: $34,032

    Sales

  • Current Sale Contract Date: Oct 20, 2020
  • Current Sale Recording Date: Oct 23, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2020-16469
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 LaSalle

Stats & Trends

Median Asking:

$149,900

Sale Price/ft²

$112

Below Asking

0.02%

Average Days on Market

51

Average Home Size

1357 ft²

Average Home Age

92.5 years

Currently For Sale

19 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

Rentals Near You

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MRED

Listed by: Garry Schroeder, Coldwell Banker Today's, Realtors
Last Updated: 2 years ago
Data Source: MRED, MLS# 10823201
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 Wright Street built and last sold?
The property at 705 Wright Street was built in 1912 and last sold on Oct 20, 2020 for $110,000.
How much is this home worth?
The estimated value of the home located at 705 Wright Street is $0.
What are some comparable homes to 705 Wright Street?
There are currently no comparable homes to 705 Wright Street.
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